|Algeria >> 5/10/2012 - Insolvent Swiss oil refiner Petroplus owes Algerian state energy firm Sonatrach over $250 million in unpaid bills, an Algerian energy sector official told Reuters. ...|
|India >> 5/10/2012 - The new all-India CPI inflation measure surged to 8.8% in February from 7.7% in January, suggesting that retail price pressures firmed that month (JP Morgan, 30 March 2012). However, core inflation ha...|
|Austria >> 5/10/2012 - After three consecutive monthly gains, the OPEC Reference Basket declined in April to settle at $118.18/b, representing a drop of $4.79 or 3.9%. Prices remain elevated by the risk premium associated w...|
|Austria >> 5/10/2012 - Following a good performance in 2010, non-OPEC supply in 2011 experienced relatively minor growth of 70,000 b/d to average 52.4 mb/d. The current 2011 data reflects various revisions which brought gro...|
|Austria >> 5/10/2012 - Trends in selected commodity markets|
The World Bank’s (WB’s) energy commodity price index dipped by 3.6% month-onmonth (m-o m) in April. The non-energy price index showed only a slight 0...
|Austria >> 5/10/2012 - Industrialised countries|
The US economy has so far this year shown remarkable momentum, with more growth than expected, and this seems likely to continue. After growth slo...
|Austria >> 5/10/2012 - World oil demand|
Given the stabilization of the US economy and the shutdown of the Japanese nuclear power plants, world oil demand has – at least, for the short term – stopped its declin...
|Austria >> 5/10/2012 - Non-OPEC|
Estimate for 2011
Non-OPEC oil supply is estimated to have averaged 52.39 mb/d in 2011, indicating an increase of 70 tb/d over the previous year. This estimate is un...
|Austria >> 5/10/2012 - Product markets showed an improvement during the month, with gasoline taking advantage of improved sentiment in the Atlantic Basin ahead of the driving season. This, along with additional support comi...|
|Austria >> 5/10/2012 - OPEC estimated spot fixtures decreased by 20% in April to average 9.51 mb/d, while global spot fixtures fell by 19% to average 16.6 mb/d. The decrease in OPEC fixtures came after a significant recover...|
|Austria >> 5/10/2012 - US|
US total commercial oil stocks reversed the build of the previous month and declined by 4.3 mb to end April at 1,069.6 mb. Despite this drop, inventories were at 20.1 mb, or 2.0%, abo...
|Austria >> 5/10/2012 - Estimate for 2011|
Estimated demand for OPEC crude for 2011 remains unchanged from the previous assessment, with the figures for world oil demand and OPEC NGLs seeing only minor revisions...
|Austria >> 5/9/2012 - The US-dollar was almost flat against the euro, the pound sterling and the Swiss franc in March, while compared to the yen it gained considerably after the Bank of Japan (BoJ) had begun in February to...|
|Saudi Arabia >> 5/8/2012 - Top oil exporter Saudi Arabia is pumping at around 10 million barrels per day (bpd), and is storing 80 million barrels to meet any sudden disruption in supplies, Oil Minister Ali al-Naimi said. Worrie...|
|China >> 5/8/2012 - In February the government published a circular on reform of the household registration (hukou) system. The document suggested that population movement to large cities will still be controlled but tha...|
|France >> 5/7/2012 - Brent crude fell below $113 a barrel, striking its lowest level since late January, on growing worries about global energy demand after weak U.S. jobs data and European elections that could threaten e...|
|Saudi Arabia >> 5/7/2012 - Saudi Arabia’s GDP expanded 6.6% in the 4Q11 from a year earlier on additional government spending and higher oil prices. The government sector grew by 3.6% and the private sector by 9.9%, the Central...|
|United Arab Emirates >> 5/7/2012 - Fuel prices in the United Arab Emirates are too high and should be brought down to match levels in other Gulf countries according to a proposal by an advisory council's committee, daily newspaper Gulf...|
|Algeria >> 5/6/2012 - Raising the output target set by the Organization of the Petroleum Exporting Countries is not on OPEC's agenda for now but probably will be, Algerian Energy and Mines Minister Youcef Yousfi said. ...|
|Russia >> 5/6/2012 - Total FSU oil supply is expected to increase by 140 tb/d to average 13.39 mb/d in 2012, indicating an upward revision of 20 tb/d from last month. The minor upward revision came from Russia’s and Other...|