|Yemen >> 9/2/2012 - Middle East oil supply is expected to decrease by 170 tb/d from 2011 to average 1.52 mb/d in 2012, representing an upward revision of 25 tb/d from the previous month. Within the Middle East, supply fr...|
|Vietnam >> 9/1/2012 - Other Asia’s oil supply is expected to remain relatively steady in 2012, averaging 3.66 mb/d, compared with a year earlier, with a minor increase of 20 tb/d, indicating a downward revision of 10 tb/d ...|
|Oman >> 8/31/2012 - Tethys Oil AB issues a secured three-year bond loan of SEK 400 million. The bonds are issued at 100 percent of the nominal value and run with a fixed interest rate of 9.50 percent per year. Settlement...|
|China >> 8/30/2012 - Despite its high oil imports, China’s oil demand eased in June, as half of its imports ended up in the country’s stockpile during that month. However, as the summer peaks, the country’s demand is expe...|
|Saudi Arabia >> 8/29/2012 - Saudi Arabia’s real GDP is projected to slow down to around 5.0% in 2012 compared with 6.8% in 2011, but a surge in oil income will likely widen its fiscal surplus. Government spending will remain the...|
|Australia >> 8/26/2012 - The OECD Pacific’s oil supply is forecast to average 0.54 mb/d in 2012, a drop of 30 tb/d from 2011 and an upward revision of 35 tb/d from last month. On a quarterly basis, it is estimated to average ...|
|Japan >> 8/24/2012 - Record rainfall in July caused flooding and landslides in southern Japan. This affected the country’s oil demand in that region. The decision to restart some nuclear power plants to meet peak electric...|
|Saudi Arabia >> 8/23/2012 - In spite of the decline in LPG and fuel oil usage in Saudi Arabia, transport fuel use rose sharply, leading to total growth of 12% in June y-o-y. Furthermore, the demand for electricity, as a result o...|
|India >> 8/16/2012 - India has experienced a massive power shutdown, as the country is trying to keep up with summertime’s high power demand. The crisis with the grid left 600 million people without electricity. Excessive...|
|Australia >> 8/12/2012 - OECD Pacific’s oil supply is projected to average 0.53 mb/d in 2013, indicating growth of 20 tb/d from this year. On a quarterly basis, total oil supply from Asia Pacific in 2013 is estimated to avera...|
|India >> 8/11/2012 - India’s recent floods will affect the country’s fuel consumption for June, not only in agriculture, but in the transport sector as well. Total oil demand is forecast to grow this year by 3.5% y-o-y, d...|
|Austria >> 8/10/2012 - World oil demand in 2012|
Despite the economic turbulence in the OECD, oil consumption is following its usual seasonal pattern worldwide. The summer heat is putting pressure on oil usage am...
|Austria >> 8/10/2012 - Non-OPEC|
Forecast for 2012
Non-OPEC oil supply is expected to increase by 0.69 mb/d in 2012 to average 53.18 mb/d. The forecast for non-OPEC supply shows an upward revision o...
|Austria >> 8/10/2012 - Forecast for 2012|
Demand for OPEC crude for 2012 is projected to average 29.9 mb/d, about 80,000 b/d lower than last month’s estimate, due mainly to an upward revision to non-OPEC supply, ...
|Gabon >> 8/9/2012 - African oil production in 2013 is forecast to average 2.35 mb/d, an increase of 10 tb/d over 2012. Oil supply from Chad, Congo, Egypt, Gabon and South Africa is expected to remain steady in 2013, with...|
|China >> 8/8/2012 - The Chinese economy posted its weakest rate of growth in three years after 1Q real GDP growth moderated to 8.1%. China PMI for June was in line with expectations at 50.2 compared to 50.4 in May, as re...|
|Austria >> 8/7/2012 - There is a wide range of uncertainty affecting next year’s oil demand forecasts. This suggests the need for two more scenarios for an upper and a lower range for oil demand growth. The ‘upper’ range i...|
|South Africa >> 8/7/2012 - The Export-Import Bank of the United States (Ex-Im Bank) and the Industrial Development Corp. of South Africa Ltd. (IDC) signed a Declaration of Intent (DoI) to help advance the South African governme...|
|Austria >> 8/5/2012 - The world oil demand forecast for 2013 is based on the following assumptions: ...|
|Japan >> 8/4/2012 - In Japan, the latest May 2012 monthly data is dominated once more by huge increases in the direct use of crude and residual fuel oil, as a result of nuclear plants being shut down. Due to the shutdown...|