|Tunisia >> 2/24/2012 - Jacka Resources Limited is pleased to announce an agreement to raise a $14.2 Million via a two tranche placement (“Placement”) of approximately 105 million fully paid ordinary shares with one (1) free...|
|Saudi Arabia >> 2/22/2012 - Bharat Petroleum Corp (BPCL), India's second-biggest state refiner, is seeking a 27 percent increase in its oil deal with Saudi Arabia for 2012/13 from the previous year to replace a cut in imports fr...|
|Madagascar >> 2/22/2012 - Madagascar Oil is pleased to announce it has successfully raised, through Mirabaud Securities LLP and GMP Securities Europe LLP, gross proceeds of approximately US$26.5 million (based on the prevailin...|
|Iran >> 2/20/2012 - Managing director of the Iranian Oil Terminals Company (IOTC), Pirouz Mousavi said to increase the oil swap from north oil terminal necessary steps has been taken and all desired infrastructures have ...|
|Saudi Arabia >> 2/19/2012 - Saudi Arabia (OPCRSAUD), OPEC’s largest crude producer, reduced oil output and exports in December from November when it produced the most in more than 30 years, according to the Joint Organization Da...|
|Austria >> 2/9/2012 - - The OPEC Reference Basket averaged $111.76/b in January, representing a gain of $4.42 or 4.1% over the previous month. Prices were on an upward trend heading into January, supported by bullish and b...|
|Austria >> 2/9/2012 - Light/heavy crude oil spreads tightened sharply over the past several weeks in favour of heavy crudes. Brent has been trading just $1.50/b above Dubai, less than half the premium three months ago, and...|
|Austria >> 2/9/2012 - OPEC Reference Basket|
In January, the OPEC Reference Basket increased to $111.76/b, the highest monthly average since April. The rise in the Basket in January, a trend that had started in ...
|Austria >> 2/9/2012 - Trends in selected commodity markets|
The World Bank (WB) index for non-energy commodities increased by 2.9% m-o-m in January, reversing the 2.7% drop in December. This was supported mostly...
|Austria >> 2/9/2012 - Industrialised countries|
The US economy continues its recovery. The recently announced preliminary 4Q11 GDP of 2.8% marks the highest level of quarterly growth of the previo...
|Austria >> 2/9/2012 - World oil demand|
Recent economic setbacks have pushed the future forecast of world oil demand further down. Worries about the US economy, along with the EU debt problem, are adding more un...
|Austria >> 2/9/2012 - Non-OPEC|
Estimate for 2011
Non-OPEC oil supply is estimated to have averaged 52.40 mb/d in 2011, an increase of 0.10 mb/d over the previous year, indicating a downward revision...
|Austria >> 2/9/2012 - Tighter supply, following the closure of several refineries in the Atlantic Basin, caused product markets to exhibit a sharp recovery in January, despite weak demand in the region. This situation, alo...|
|Austria >> 2/9/2012 - Global fixtures increased by 15.6% in January, compared with the previous month. OPEC spot fixtures were up by 1.7 mb/d, or 16%, and averaged 12.4 mb/d, according to preliminary data. The gain in OPEC...|
|Austria >> 2/9/2012 - US|
US commercial oil stocks reversed the falls of the last four months and rose by 11.5 mb to end January at 1,055.8 mb. Despite this build, they remained 21.0 mb, or 2.0%, below the same ...
|Austria >> 2/9/2012 - Estimate for 2011|
Demand for OPEC crude for 2011 remained unchanged from the previous assessment, as both non-OPEC supply and world oil demand saw a similar downward adjustment of around 2...
|Iran >> 1/25/2012 - The statement read: By imposing new sanctions against Iran’s oil, EU has decided to use oil, which is a non-political means, to achieve its political aims, a decision that will have some consequences,...|
|Congo >> 1/23/2012 - The oil and gas group PA Resources will recognise non-cash, one-off costs in the form of impairment and write-downs of approximately SEK 1,750 - 1,850 million net after taxes in the financial result f...|
|Iran >> 1/23/2012 - Here is an outline of EU sanctions against Iran over its nuclear program. New sanctions were imposed Monday. ...|
|Iraq >> 1/23/2012 - Iraq, which is seeking to boost crude exports to rebuild its economy, said oil shipments climbed 3.7 percent in December to 66.5 million barrels, generating the highest revenue in four months, $7.06 b...|