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Barrels

Barrels latest

Oil prices slip on US, China data, demand concerns
July 10th, 2023 - 08:58 GMT

Oil prices slip on US, China data, demand concerns

ALBAWABA – Oil prices slipped only slightly in Asian trade Monday in anticipation of fresh economic data from top oil consumers, the United States (US) and China, with supply cuts from Saudi Arabia and Russia bolstering crude prices. Brent crude futures fell 0.7 percent to $77.92 a barrel by 0630 GMT, according to Reuters, and US West Texas Intermediate crude settled at $73.31 a barrel, also down 0.7 percent. The ...
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The average sale price in August was $56.77 a barrel, generating about $6.341 billion in revenue
September 3rd, 2019 - 06:35 GMT

Iraq's Oil Exports Soar to 3.6 Million bpd in August

In 2018, Oman produced 357.1 million barrels of oil
August 6th, 2019 - 07:00 GMT

China Remains Oman’s Biggest Crude Oil Importer

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