oil is liquid petroleum that has a low density and flows freely at room temperature.
BAGHDAD / NINA / - The Ministry of Oil reduced the official selling price of Basrah Light crude
to Asia in September by 40 cents to 1.75 dollars per barrel above the average prices of Oman / Dubai compared with the previous month.
Quetta, carrying Arab Light Crude
Oil cargo for Pak-Arab Oil Refinery Company (PARCO) berthed at Karachi Port on Saturday.
Assets include a refinery with a capacity to process approximately 110,000 barrels per day of light crude
, direct pipeline connections to increasing industry and equity crude oil production, connections to major product pipelines as well as waterborne access to receive and ship crude oil and refined products.
DUBAI : Kuwait's production of light crude
is expected to rise to 250,000 barrels per day in three years' time and to 300,000 bpd by 2023, Ali Hussain Al-Kandari, manager of production and projects at Kuwait Oil Company said.
US light crude
oil CLc1 settled down 29 cents at $45.59 a barrel, after earlier touching a session low of $45.13 a barrel.
KUWAIT, Dec 25 (KUNA) -- Kuwait currently churns out around 180,000 barrels of light crude
oil per day (pd), in addition to half a billion cubic feet of free gas, state-run Kuwait Oil Company (KOC) said on Tuesday.
US light crude
was down 25 cents to $73.69 a barrel by 12:43 p.m.
Kuwait Petroleum Corporation (KPC) has exported its first high-quality light crude
oil shipment, it has been announced.
08 : 38 AM - 03/07/2018 Kuwait, July 3 (BNA): Kuwait's Oil Minister and Minister of Electricity and Water Bakheet Al-Rashidi announced yesterday that Kuwait Petroleum Corporation (KPC) exported its first light crude
high quality oil shipment.
Saudi Aramco on May 25 indicated that the price of Asia-bound Arab Light crude
could reach its highest level since February 2014 as the state-owned company said it may raise again its official selling prices (OSPs) for East of Suez markets in July.