Daily Energy Report
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Daily Energy Report
Oil outlook & recession, Arab Gulf product exports, Saudis raise Asia oil price, EU gas shocks/inflation, Libya oilfield shut, New Zealand finds energy reality, EV sales, AI drives power use, and more
Charts of the Day: Arab Gulf Countries Are Exporting more Petroleum Products than Ever
Summary
The Gulf Cooperation Council (GCC) consists of six Arab Gulf countries: Saudi Arabia, Kuwait, UAE, Qatar, Bahrain, and Oman. Their petroleum product exports have been increasing, especially this year. Most of the increase came from Kuwait, Oman, Saudi Arabia, and the UAE.