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Middle East Oil Supply - January 2013
Middle East Oil Supply - January 2013 Yemen >> 2/3/2013 - Middle East oil supply is estimated to decrease by 20 tb/d in 2013 from the previous year to average 1.50 mb/d, steady from the previous MOMR. Oman’s supply is expected to increase by 30 tb/d in 2013 ...
Canada and Mexico Oil Supply – January 2013
Canada and Mexico Oil Supply – January 2013 Canada >> 2/2/2013 - Canada’s oil production is forecast to average 3.92 mb/d in 2013, growth of 0.18 mb/d over the previous year and unchanged from the previous month. Despite the downward revision that had an impact on ...
Balance of Supply and Demand for 2013
Balance of Supply and Demand for 2013 Austria >> 1/31/2013 - Demand for OPEC crude for 2012 saw a slight downward revision from the previous report as demand and non-OPEC supply saw minor adjustments. Within the quarters, 1Q12 and 2Q12 remained unchanged, while...
Nigeria's NNPC Owes Billions of Dollars to Government
Nigeria >> 1/31/2013 - Nigeria's state oil firm NNPC failed to pay the government billions of dollars in earnings from 2009-2011, an audit showed, adding to a string of reports showing mismanagement of the energy sector. ...
US Oil Supply – January 2013
US Oil Supply – January 2013 Austria >> 1/30/2013 - US oil supply is projected to increase by 0.49 mb/d in 2013, the highest figure among all the non-OPEC countries, to average 10.44 mb/d, representing an upward revision of 0.18 mb/d from the previous ...
Asia Pacific Oil Supply - January 2013
Asia Pacific Oil Supply - January 2013 Australia >> 1/29/2013 - OECD Asia Pacific’s oil supply is expected to increase by 70 tb/d in 2013 to average 0.68 mb/d, representing an upward revision of 20 tb/d from the previous month. Australia’s oil supply is likely to ...
Trends in Selected Commodity Markets – December 2012
Trends in Selected Commodity Markets – December 2012 Austria >> 1/28/2013 - In December 2012, energy and non-energy prices rose by 0.4% and 1.1% m-o-m, respectively. Agriculture prices declined by 0.6% m-o-m with food prices being down by 1.3% m-o-m. Precious metals fell by 2...
Forecast for Balance of Supply and Demand for 2013
Forecast for Balance of Supply and Demand for 2013 Austria >> 1/27/2013 - Demand for OPEC crude for 2013 has been revised down by 0.1 mb/d from the previous report to stand at 29.7 mb/d. This represents a contraction of 0.4 mb/d compared to 2012. This downward revision came...
Africa Oil Supply - January 2013
Africa Oil Supply - January 2013 Sudan >> 1/27/2013 - Africa’s oil supply is projected to average 2.42 mb/d in 2013, an increase of 90 tb/d from the previous year and a downward revision of 30 tb/d from the previous MOMR. South Sudan and Sudan’s supply i...
US Stock Movements
US Stock Movements Austria >> 1/26/2013 - US total commercial oil stocks fell in December by 3.0 mb following a strong drop of 22 mb in November to stand at 1,089.5 mb. Despite this stock draw, they were 35.4 mb, or 3.4%, above the same perio...
Middle East Oil Demand in January 2013
Middle East Oil Demand in January 2013 Saudi Arabia >> 1/24/2013 - Saudi oil demand growth eased as the summer ended and demand for electricity slowed. Hence, direct crude burning shrunk by 20% in November y-o-y. As for the entire year, the country’s oil demand was f...
India Oil Trade in December 2012
India Oil Trade in December 2012 India >> 1/23/2013 - India’s crude oil imports increased in November both on a monthly and an annual basis. M-o m, the increase is equal to 298 tb/d, or 9%, while y-o-y it saw a slight increase of 1.5% to average 3.69 mb/...
US Oil Trade in December 2012
US Oil Trade in December 2012 Austria >> 1/21/2013 - According to preliminary data, US crude oil imports averaged 8.03 mb/d in December, up by 39.5 tb/d, or 0.5%, from a month earlier and down by 674 tb/,d or 8%, from the same month last year. In 2012, ...
Saudi's Mohammad Al Mojil to Sue for Over $100 Million
Saudi Arabia >> 1/20/2013 - Financially troubled Saudi Arabian construction company Mohammad Al Mojil Group (MMG) plans to start legal action to collect dues and claims worth more than 400 million riyals ($107 million), it said....
FSU Oil Trade in December 2012
FSU Oil Trade in December 2012 Russia >> 1/20/2013 - In November, total FSU crude oil exports declined by 62 tb/d, or 0.97%, to average 6.4 mb/d. Crude exports through Russian pipelines declined by 220 tb/d, or 5%, to average 4 mb/d. Crude exports from ...
Oil Market Highlights - Jan 13
Austria >> 1/16/2013 - The OPEC Reference Basket fell marginally in December to settle at $106.55/b. In yearly terms, the Basket averaged $109.45/b in 2012, a gain of $1.99 over the previous year. In the crude futures marke...
Balance of Supply and Demand - Jan 13
Austria >> 1/16/2013 - Forecast for 2012
Demand for OPEC crude for 2012 saw a slight downward revision from the previous report as demand and non-OPEC supply saw minor adjustments. Within the quarters, 1Q12 an...
FSU and Russia Oil Supply – December 2012
FSU and Russia Oil Supply – December 2012 Russia >> 1/9/2013 - Total FSU oil supply is estimate to increase by 70 tb/d in 2012 to average 13.31 mb/d, unchanged from the previous month’s assessment. Despite this steady situation, there were a few upward and downwa...
Gasol Rolls over BBH Funding Facility
United Kingdom >> 1/9/2013 - Gasol plc, the West African energy development company, announces that it has agreed terms with Banque Benedict Hentsch & Cie SA ("BBH") for the rollover of its maturing convertible loan facility by o...
KPC Announces KD 1.8 Bln in Profit Till End of Nov. 2012
Kuwait >> 1/8/2013 - Kuwait Petroleum Corporation (KPC) made KD 1.8 billion in profit till end of November 2012, Managing Director for Financial and Administrative Affairs at the state-owned firm Ali Al-Hajri said. ...

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