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Recent Developments in Global Oil Inventories - November 2017
Austria >> 11/13/2017 - Over the years 2014 through 2016, global oil inventories grew rapidly, as global oil supply outpaced world oil demand. During the same period, the crude futures’ forward curve flipped into a prolonged...
World Oil Demand - November 2017
Austria >> 11/13/2017 - World oil demand growth in 2017 was adjusted higher from the previous month by 74 tb/d, mainly to reflect better-than-expected data from China in 3Q17. As such, world oil demand growth for 2017 now s...
World Oil Supply - November 2017
Austria >> 11/13/2017 - World oil supply in October increased by 0.53 mb/d m-o-m from the previous MOMR to average 96.71 mb/d, representing an increase of 0.17 mb/d y-o-y. ...
Oil Trade - November 2017
Austria >> 11/13/2017 - In October, preliminary data shows that US crude oil imports increased to average 7.7 mb/d, up by 564 tb/d from last month and an increase of 132 tb/d from the same month a year earlier. Year-to-date...
Sonatrach & Baker Hughes Will Build $45M Algeria Plant
Algeria >> 11/9/2017 - State energy company Sonatrach and Baker Hughes, part of GE (BHGE), will set up a joint venture and build an oil equipment plant in Algeria at a cost of $45 million under a deal signed, Sonatrach said...
Argentina Oil Demand - October 2017
Argentina Oil Demand - October 2017 Argentina >> 11/7/2017 - Oil consumption in Argentina was flat during the month of July 2017 at 0.72 mb/d, with mixed product performance. All transportation fuels were in positive territory with the exception of diesel oil. ...
Japan Oil Trade - October 2017
Japan Oil Trade - October 2017 Japan >> 11/6/2017 - The declining trend seen earlier in Japan continued, with crude oil imports dropping in August by 145 tb/d, or 4%, to average 3.2 mb/d. Y-o-y, crude imports saw no changes. ...
Caspian Oil Supply - October 2017
Caspian Oil Supply - October 2017 Azerbaijan >> 11/1/2017 - In Azerbaijan, according to data provided by the Ministry of Energy, oil production declined by 0.07 mb/d m-o-m, averaging 0.75 mb/d in August, lower by 0.10 mb/d, y-o-y. Of this, 0.68 mb/d was crude ...
Saudi Arabia Oil Demand - October 2017
Saudi Arabia Oil Demand - October 2017 Saudi Arabia >> 10/24/2017 - In Saudi Arabia, August 2017 oil demand returned to a declining trend as oil demand dipped steeply by 0.26 mb/d, or 9% y-o-y, to reach approximately 2.67 mb/d. On a cumulative basis, from January to A...
Russia Oil Supply - October 2017
Russia Oil Supply - October 2017 Russia >> 10/23/2017 - Preliminary Russian liquids output in September remained unchanged m-o-m at 10.935 mb/d according to the Ministry of Energy, due to peak maintenance. Total liquids output including NGLs in 3Q17 was re...
India Oil Trade - October 2017
India Oil Trade - October 2017 India >> 10/19/2017 - India’s crude oil imports rose in August by 188 tb/d, or 5%, from the previous month to average 4.3 mb/d, while falling 164 tb/d, or 4% from a year earlier. Monthly imports rose along with higher thro...
First Delivery of Oil from Puesto Flores Field
Argentina >> 10/17/2017 - President Energy (PPC), the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina, is pleased to announce that it has already banked...
Iran Oil Exports Record 8-Month Rise
Iran >> 10/14/2017 - Market figures show Iran’s exports of crude oil have reached the highest level since February. Figures released by Bloomberg show that Iran shipped 2.28 million barrels a day (mb/d) of crude oil to in...
The Winter Product Markets Outlook - October 2017
Austria >> 10/11/2017 - Oil product markets in the major consuming regions performed well this summer, favoured by the seasonally-higher gasoline demand. US refinery markets averaged as high as $20/b by the end of the summ...
World Oil Demand - October 2017
Austria >> 10/11/2017 - 2017 world oil demand growth was revised higher by around 30 tb/d, compared to the previous month’s report, reflecting the positive momentum in the OECD region and China. As a result, world oil deman...
World Oil Supply - October 2017
Austria >> 10/11/2017 - World oil supply in September was revised up by 0.41 mb/d m-o-m from the previous MOMR to average 96.50 mb/d, representing an increase of 1.08 mb/d y-o-y. ...
Oil Trade - October 2017
Austria >> 10/11/2017 - Preliminary data for September shows that US crude oil imports decreased to average 7.1 mb/d, down by 856 tb/d from last month. They also saw a drop from last year of 919 tb/d, or 11%. On a y-t-d bas...
OPEC Secretary General Urges U.S. Shale Oil Producers
United States >> 10/10/2017 - OPEC’s Secretary General Mohammed Barkindo on Tuesday called on U.S. shale oil producers to help curtail global oil supply, warning extraordinary measures might be needed next year to sustain the reba...
Developing Countries Oil Supply - September 2017
Developing Countries Oil Supply - September 2017 Ghana >> 10/9/2017 - The total oil production of developing countries (DCs) is estimated to grow by 0.09 mb/d y-o-y to average 12 mb/d in 2017, revised down by 0.02 mb/d in September compared with the previous assessment,...
OECD Europe Oil Demand - September 2017
OECD Europe Oil Demand - September 2017 Austria >> 10/5/2017 - Following strong growth for the whole of 2015 and 2016, European oil demand continued to surprise with a strong performance in the first half of 2017 – most data covers up to June 2017 – with some pre...

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