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FSU and Russia Oil Supply – May 2012
FSU and Russia Oil Supply – May 2012 Russia >> 6/5/2012 - Total FSU oil production is expected to increase by 0.12 mb/d to 13.37 mb/d in 2012, indicating a downward revision of 20 tb/d from the last MOMR. This revision adjusts for preliminary production data...
Oil Prices Pose a Threat Despite Drop
United Arab Emirates >> 6/5/2012 - The head of the International Energy Agency warned the recent moderation in world oil prices remained fragile and that high prices still poised a threat to world economies. Brent oil prices sank under...
Brent Crude Drops Below $98 on Weak Economic Data
Brent Crude Drops Below $98 on Weak Economic Data Saudi Arabia >> 6/4/2012 - Brent crude prices traded below $100 for the second straight session, pressured by fears of a global economic slowdown following weak U.S. and Chinese economic data. Brent crude for July delivery drop...
Middle East Oil Supply - May 2012
Middle East Oil Supply - May 2012 Oman >> 6/4/2012 - Middle East oil supply is believed to drop by 0.18 mb/d in 2012 to average 1.51 mb/d, representing a downward revision of 30 tb/d from the previous month. This revision comes from Oman and Yemen, whil...
Caspian and China Oil Supply – May 2012
Caspian and China Oil Supply – May 2012 Azerbaijan >> 6/4/2012 - Oil production from Kazakhstan is forecast to average 1.62 mb/d in 2012, an increase of 20 tb/d over the previous year and showing a minor downward revision of 10 tb/d from the previous MOMR. This rev...
Bad Weather Still Slowing Iraq Basra Oil Exports
Iraq >> 6/4/2012 - Oil exports from Iraq's southern Basra terminals were still disrupted by a dust storm, with shipments cut to 1.41 million barrels per day (bpd) from 1.65 million bpd the previous day, a shipping sourc...
Iraq, Kuwait Oil Exports Disrupted by Rough Weather
Iraq, Kuwait Oil Exports Disrupted by Rough Weather Iraq >> 6/4/2012 - Bad weather has disrupted oil exports from Iraq's southern offshore terminal and forced neighbouring Kuwait to halt all of its oil exports, a shipping source and government official said. Oil exports ...
Asia Oil Supply – May 2012
Asia Oil Supply – May 2012 Malaysia >> 6/3/2012 - Asia’s oil supply is anticipated to increase by 50 tb/d to average 3.67 mb/d in 2012, indicating a minor upward revision of 15 tb/d from the previous MOMR. This revision has affected Malaysia’s oil su...
OECD Pacific Oil Demand in May 2012
OECD Pacific Oil Demand in May 2012 Japan >> 6/2/2012 - In Japan, the latest monthly data — for March — is dominated once more by huge increases in the direct use of crude and residual fuel oil. As a result of the shutdown of all the country’s nuclear plan...
Iraq Oil Exports 2.452 Mln Bpd in May
Iraq Oil Exports 2.452 Mln Bpd in May Iraq >> 6/2/2012 - Iraq's oil exports were 2.452 million barrels per day on average in May compared with 2.508 million bpd in April, the oil ministry said. Exports from southern Basra were 2.086 million bpd in May while...
Middle East Oil Demand in May 2012
Middle East Oil Demand in May 2012 Austria >> 6/1/2012 - The cool season in the Middle East has passed, along with the low use of oil. Saudi Arabian oil demand is back in growth mode, with demand for electricity inching up. Fuel and crude oil consumption by...
Saudi Unlikely to Cut Soon Despite Oil Under $100
Saudi Arabia >> 6/1/2012 - Oil's fall below $100 a barrel is unlikely to trigger a swift supply cut from OPEC power Saudi Arabia, which is pumping at its highest rate in decades, because its budget can comfortably withstand a m...
Private Financing for Exploration of Blocks 1 & 2B
Kenya >> 5/31/2012 - Taipan Resources Inc. is pleased to announce that it intends to complete a non-brokered private placement financing for the sale of a minimum of 16,666,667 to a maximum of 25,000,000 units at a price ...
Sipchem Signs Shariah-Complaint Finance Deal
Sipchem Signs Shariah-Complaint Finance Deal Saudi Arabia >> 5/31/2012 - Saudi International Petrochemical Company (Sipchem) announced that its affiliate, International Polymers Company (IPC) has signed on 31 May 2012 a Shariah compliant SR 1.4 billion (US$ 375 million) lo...
China Economy – May 2012
China Economy  – May 2012 China >> 5/31/2012 - China's rate of real GDP growth slowed in the first quarter of 2012, to 8.1% year-onyear, compared with 8.9% in the last three months of 2011. However, on a quarter-onquarter basis, the picture was mu...
Balance of Supply & Demand Forecast for 2012 – May 2012
Balance of Supply & Demand Forecast for 2012 – May 2012 Austria >> 5/30/2012 - Demand for OPEC crude in 2012 is projected to average 30.0 mb/d, unchanged from the previous report. Within the quarters, the first has seen a downward adjustment of 0.3 mb/d, reflecting an upward rev...
Japan Economy – May 2012
Japan Economy – May 2012 Japan >> 5/29/2012 - The Japanese economy continues to recover, with both exports and domestic demand posting solid growth rates. This momentum is fuelled by slightly improving external trade activity compared with the en...
UAE's ADNOC Takes Control of Emarat Pump Stations
United Arab Emirates >> 5/28/2012 - Abu Dhabi National Oil Company's (ADNOC) distribution arm will take over 74 fuel stations run by fuel retailer Emarat in every emirate in the UAE except for Dubai, state news agency WAM said. The move...
Balance of Supply and Demand Estimate for 2011 – May 2012
Balance of Supply and Demand Estimate for 2011 – May 2012 Austria >> 5/28/2012 - 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. Within the quarters, the first...
Asian Product Markets and Refinery Operations - March 2012
Asian Product Markets and Refinery Operations - March 2012 India >> 5/27/2012 - Asian cracking margins increased during April, as product cracks strengthened across the barrel, on the back of stronger regional demand in a tight market, due to lower inflows and refinery shutdowns....

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