| Austria >> 7/12/2012 - In June, the month started at a slow pace, a pattern which continued throughout the month. Initially, the low level of activity was attributed to various holidays. Following the first week of June, to... |
| Austria >> 7/12/2012 - US US total commercial oil stocks rose for a second consecutive month in June, increasing by 10.8 mb to end the month at 1,098.1 mb, the highest level since August 2011. Thus, they stood a... |
| Austria >> 7/12/2012 - Forecast for 2012 Demand for OPEC crude for 2012 has remained unchanged from the previous report. However, the second quarter has seen a downward revision of 0.1 mb/d, while the third quar... |
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India >> 7/12/2012 - Last month, the Reserve Bank of India (RBI) cut borrowing costs by more than expected — by 50 basis points — after nearly three years, thereby reducing the benchmark borrowing rate to 8.0%. Because of... |
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China >> 7/11/2012 - The Chinese economy posted its weakest rate of growth in three years after real GDP growth in 1Q12 moderated to 8.1%. China’s PMI for May released by the National Bureau of Statistic eased more than e... |
| Nigeria >> 7/11/2012 - Nigeria's cabinet has approved a final draft of an oil law, years in the making, that will be sent to President Goodluck Jonathan before going to parliament in a few days, the oil minister said. ... |
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Austria >> 7/10/2012 - The demand for OPEC crude in 2012 is projected to average 29.9 mb/d, around 30,000 b/d less than in the previous report. Within the quarters, 1Q12 saw a downward adjustment of 0.3 mb/d, reflecting the... |
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Japan >> 7/10/2012 - Japan is still in the process of digesting last year’s events. It is obvious that the Fukushima disaster had an unprecedented impact and that only a strong and developed economy like Japan could have ... |
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Austria >> 7/9/2012 - Demand for OPEC crude for last year remained unchanged from the previous assessment, as world oil demand, non-OPEC supply and OPEC NGLs saw minor revisions. All quarters together indicated a minor rev... |
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India >> 7/8/2012 - Indian oil demand in April grew by only a marginal 0.2% y-o-y. This was the lowest level of growth since October 2010. As in previous months, industrial diesel oil demand grew the most, hitting a high... |
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China >> 7/7/2012 - Since China’s economic boom is slowing slightly, its oil demand is expected to follow suit and ease. China’s oil demand is expected to grow, but not at the same rate that was forecast earlier in the y... |
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Sudan >> 7/6/2012 - Africa’s oil supply is forecast to average 2.33 mb/d in 2012, a decline of 0.26 mb/d from 2011, indicating a downward revision of 10 tb/d from previous month. This revision emanates from the Sudans, d... |
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Japan >> 7/5/2012 - In Japan, the latest April monthly data is dominated once more by huge increases in mcrude and residual fuel oil-use, as a result of all the country’s nuclear plants being shut down; however, it might... |
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Saudi Arabia >> 7/4/2012 - Saudi Arabian oil demand is growing again, as the demand for gasoline, diesel and fuel oil inches up. The summer driving season has started, and summer demand for electricity will also help push up th... |
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Kazakhstan >> 7/3/2012 - Kazakhstan’s oil supply is expected to increase by 20 tb/d over 2011 to average 1.62 mb/d in 2012, unchanged from the previous month. This growth is expected on the back of less maintenance and unplan... |
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Nigeria >> 7/2/2012 - Nigeria's inflation rate rose to 12.9% y-o-y in April, driven largely by non-food items and a very price-stable month compared to last year, according to data from the National Bureau of Statistics. T... |
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Russia >> 7/1/2012 - Total FSU oil supply is projected to average 13.38 mb/d in 2012, representing growth of 0.13 mb/d over 2011 and a minor upward revision of 10 tb/d from last month. This revision is due to changes to A... |
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Oman >> 6/30/2012 - Middle East oil production is estimated to average 1.50 mb/d in 2012, a decrease of 190 tb/d from 2011 and indicating a downward revision of 10 tb/d from last month. This revision comes from Syria, wh... |
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Austria >> 6/28/2012 - Light-sweet/heavy-sour differentials were mixed again in May. While they widened slightly in Asia, they narrowed significantly in the US and Europe. In Asia, light-sweet/heavy-sour differentials, repr... |
| Kenya >> 6/27/2012 - Kenya is studying giving at least a fifth of oil and gas royalties to people living in areas where the resources are pumped, an Energy Ministry official said. The ministry proposed guaranteeing 5 perc... |
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