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World Oil Supply - May 12
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...
Product Markets and Refinery Operations - May 12
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...
Tanker Market - May 12
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...
Stock Movements - May 12
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...
Balance of Supply and Demand - May 12
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...
Oil prices, US dollar and inflation
Oil prices, US dollar and inflation 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's Naimi Says Kingdom Pumping 10 Million Bpd
Saudi's Naimi Says Kingdom Pumping 10 Million Bpd 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 Economy – April 2012
China Economy  – April 2012 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...
OPEC Member Countries Economy – April 2012
OPEC Member Countries Economy – April 2012 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...
Brent Falls Below $113 on Global Demand Worries
Brent Falls Below $113 on Global Demand Worries 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...
UAE Panel Proposes Cut in Local Fuel Prices
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...
FSU and Russia Oil Supply – April 2012
FSU and Russia Oil Supply – April 2012 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...
OPEC's Agenda to Raise the Output Target
OPEC's Agenda to Raise the Output Target 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. ...
MENA Economy – April 2012
MENA Economy – April 2012 Egypt >> 5/5/2012 - Economic growth slowed in the Middle East and North Africa (MENA) region in 2011 as a result of political upheaval and civil unrest. The countries most affected by unrest — namely Tunisia, Egypt, Syri...
Japan Economy – April 2012
Japan Economy – April 2012 Japan >> 5/5/2012 - The data coming from the Japanese economy points at an improvement. External demand has improved on a monthly base — while it is still negative on a yearly comparison — and domestic demand has seen an...
Balance of Supply & Demand Forecast for 2012 – April 2012
Balance of Supply & Demand Forecast for 2012 – April 2012 Austria >> 5/4/2012 - The demand for OPEC crude for 2012 is projected to average 30.0 mb/d, unchanged from the last report, as both world oil demand and non-OPEC supply saw only minor adjustments. Within the quarters, only...
OPEC Says Pumping Hard to Bring Oil Price Down
OPEC Says Pumping Hard to Bring Oil Price Down Austria >> 5/3/2012 - OPEC is working hard to bring down oil prices that jumped towards $130 a barrel earlier this year, its secretary general said, and is pumping much more than its official target even as exports from ca...
Caspian and China Oil Supply – April 2012
Caspian and China Oil Supply – April 2012 Kazakhstan >> 5/3/2012 - Kazakhstan’s oil output is expected to increase by 30 tb/d to average 1.63 mb/d in 2012, unchanged from the previous MOMR. However, upward and downward revisions offset one another. Its production is ...
Middle East Oil Supply - April 2012
Middle East Oil Supply - April 2012 Yemen >> 5/2/2012 - The Middle East’s oil production is expected to decline by 0.15 mb/d, to average 1.54 mb/d in 2012, indicating a downward revision of 20 tb/d from the previous month. This adjustment came from the sit...
Sipchem & SIDF Sign a Financing Agreement
Sipchem & SIDF Sign a Financing Agreement Saudi Arabia >> 5/2/2012 - Saudi International Petrochemical Company (Sipchem) announced on May 01, 2012 that one of its affiliates, Sipchem Chemicals Company, has signed a SR164.8m loan facility agreement with Saudi Industrial...

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