| Brazil >> 3/7/2013 - Brazil's Congress has overturned a presidential veto of a controversial oil and natural gas royalty bill, stripping billions of dollars in revenue from producing states, which have threatened to conte... |
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Saudi Arabia >> 2/26/2013 - Oil demand in Saudi Arabia in December 2012 was flat, as declines in direct crude burning were offset by strong growth in transportation and industrial fuels. Over the summer, Saudi Arabia experienced... |
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Austria >> 2/26/2013 - Demand for OPEC crude for 2013 has been revised up by 0.1 mb/d from the previous report to stand at 29.8 mb/d. This represents negative growth of 0.3 mb/d compared to 2012. The upward revision came fr... |
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China >> 2/25/2013 - Apparent Chinese oil demand in December 2012 grew strongly by almost 6% y-o-y, the largest monthly growth during 2012, to stand at 10.5 mb/d. Part of this increase was due to the stronger economic gro... |
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Sudan >> 2/24/2013 - Africa’s oil supply is forecast to average 2.38 mb/d in 2013, representing growth of 60 tb/d from the previous year and a downward revision of 40 tb/d, compared with the previous month. South Sudan’s ... |
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Japan >> 2/22/2013 - In Japan, December 2012 oil consumption increased by a marginal 0.04 mb/d, compared with the same month in 2011. Oil requirements in December 2012 were once more determined by quite cold weather, push... |
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Kazakhstan >> 2/21/2013 - Kazakhstan’s oil production is seen to increase by 70 tb/d to average 1.66 mb/d in 2013, unchanged from the previous MOMR. The startup of the Kashagan is seen as the main driver of the growth in 2013.... |
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India >> 2/20/2013 - Oil demand in India grew by 2.8% y-o-y in December — the lowest recorded monthly growth since May 2012. Demand growth was led by diesel as cold weather positively affected consumption, especially the ... |
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Austria >> 2/20/2013 - Demand for OPEC crude for 2012 remains unchanged from the previous report as world oil demand and non-OPEC supply saw only a minor adjustment. However, within the quarters, 4Q12 saw an upward revision... |
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Austria >> 2/19/2013 - The US dollar gained in value against all major currencies with the exception of the euro. On an average monthly basis, the US dollar fell by 1.3% compared to the euro, The dollar rose by 6.7% versus ... |
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Canada >> 2/18/2013 - Canadian oil supply is anticipated to increase by 0.18 mb/d over the previous year to average 3.92 mb/d in 2013, indicating a minor upward revision of 10 tb/d compared with the previous MOMR. The mino... |
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Austria >> 2/17/2013 - US oil production is forecast to increase by 0.52 mb/d in 2013, the highest among non-OPEC countries, to average 10.51 mb/d, following an upward revision of 70 tb/d from the previous MOMR. This upward... |
| Ghana >> 2/17/2013 - Ghana cut fuel subsidies as its new government took measures to curb spending after the West African exporter of cocoa, gold and oil overshot its budget deficit target by almost 100 percent last year.... |
| Oman >> 2/14/2013 - Frontier Resources International plc, the Middle East and Southern Africa focussed oil and gas exploration company, confirms its intention to seek admission to AIM. ... |
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Russia >> 2/13/2013 - Total FSU oil supply is projected to increase by 0.10 mb/d in 2013 to average 13.41 mb/d, depicting a minor downward revision of 15 tb/d from the previous month. This revision was due mainly to update... |
| Austria >> 2/12/2013 - The OPEC Reference Basket rose by 2.5% in January to settle at $109.28/b. All Basket
components improved with Venezuelan Merey showing the most significant increase. ICE Brent and
Nymex WTI al... |
| Austria >> 2/12/2013 - Forecast for 2012 Demand for OPEC crude for 2012 remains unchanged from the previous report as world oil demand and non-OPEC supply saw only a minor adjustment. However, within the quart... |
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Japan >> 2/12/2013 - In November, total commercial oil stocks in Japan reversed the build of the last two months and declined by 10.7 mb to stand at 172.3 mb, the lowest level since the end of March 2012. With this stock ... |
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Indonesia >> 2/11/2013 - Asia’s oil production is expected to increase by 20 tb/d in 2013 to average 3.62 mb/d, representing a downward revision of 50 tb/d from the previous MOMR. This revision was made to the forecasts for I... |
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Austria >> 2/9/2013 - In December the OPEC Reference Basket decreased marginally to settle at $106.55/b. However, in annual terms, the Basket posted its third consecutive yearly gain to reach a record high of $109.45/b in ... |
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