ClipperBlog

09 March

The more things change...

In the latter half of last year, we highlighted how Saudi deliveries to Motiva's Port Arthur refinery had been surpassed by Iraqi barrels for the first time on our records. While this trend has now reversed, when it comes to total OPEC flows, the more things change, the more they stay the same. 

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Tagged Saudi crude exports, US crude imports, Iraq crude exports Leave a comment
05 January

A Tale of Two Cities

It is both the best and worst of times for the current Iraqi oil market. Iraqi oil minister Jabbar al-Luaibi said this week that Iraqi oil fields in the south of the country had recorded an 'unprecedented' surge in daily exports from Basrah during the last month. All the while, loadings in Ceyhan, Turkey, of crude from the Kirkuk pipeline in the north of the country continue to remain in check...

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Tagged Basrah heavy, basrah light, Iraq crude exports, kirkuk crude Leave a comment
17 November

Changing Trends in Iraqi Crude and Fuel Oil Exports

Since the Kurdish referendum in late September, when Iraqi Kurds overwhelmingly voted for independence from Iraq, there has been a drop in crude flows through the Kirkuk-Ceyhan pipeline, as tension has ratcheted up in the region.

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Tagged Iraq, Kirkuk oil, Iraq crude exports, Kurdistan, iraq fuel oil exports Leave a comment
12 October

Saudi crude exports drop to key regions

Saudi Arabia continues to lead the charge in terms of the OPEC production cut deal - not only by keeping exports in check, but also by clearly communicating its next steps. By following through on its rhetoric, it has brought some much-needed credibility to the production cut deal - despite a lack of commitment from some other members.   

 

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Tagged Saudi Arabia, Iraq crude exports, OPEC crude exports Leave a comment
26 September

Changing Iraqi crude flows

Brent crude prices were propelled to a two-year high yesterday, triggered by concerns about a Kurdish referendum vote to seek independence from Iraq. Although the vote is non-binding, a yes vote would pave the way for negotiations to secede from Iraq.

Neighboring countries such as Iran and Turkey are against the referendum, fearing that it will stoke separatist sentiment among the Kurdish...

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Tagged Basrah heavy, basrah light, Iraq crude exports, US imports of Iraqi crude Leave a comment

About the Author

Matt Smith deciphers and distills what is most relevant across the energy complex into cohesive and pithy knowledge you can use. The belly laugh is a bonus.

Matt Smith

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