|Tunisia >> 7/24/2013 - Serinus Energy Inc (formerly Kulczyk Oil Ventures Inc), an international upstream oil and gas exploration and production company, is pleased to announce that the European Bank for Reconstruction and D...|
|Senegal >> 7/24/2013 - Orange and Total have signed a partnership giving Orange customers access to Orange Money services at all TOTAL service stations in African and Middle-Eastern countries where the two groups are presen...|
|Austria >> 7/23/2013 - Global light-sweet/heavy-sour spreads were mixed in June, with LLS/Mars and Brent/Urals widening, while the Tapis/Dubai spread was unchanged.|
For the past two months, the Tapis/Dubai spread...
|Austria >> 7/23/2013 - The total open interest volume (OIV) in major commodity markets in the US increased by over 7% m-o-m to 9.0 million contracts in June, adding to a similar 7% rise in May. The growth was mainly attribu...|
|Japan >> 7/21/2013 - In May, total commercial oil stocks in Japan remained unchanged following a build during last two months and ended the month at 169.4 mb. As this level, they are 7.6 mb or 4.3% below a year ago at the...|
|Austria >> 7/19/2013 - In the past weeks, it has become obvious that the past year’s commodity supercycle – the multi-year price rise of commodities across the range – was facing a significant slowdown. This was led by many...|
|Austria >> 7/18/2013 - Based on the initial forecasts for world oil demand, non-OPEC oil supply, and OPEC NGLs in 2014, demand for OPEC crude is projected to decline by 0.3 mb/d to average 29.6 mb/d. The first quarter is ex...|
|Saudi Arabia >> 7/18/2013 - In Saudi Arabia, cumulative oil demand figures for 2013 are positive compared with the same period last year. Crude oil burning, however, registered negative growth for the same period, albeit the sta...|
|India >> 7/14/2013 - In India, the beginning of the 2013/14 financial year in April saw growth of 3.0% y-o-y in oil demand. The growth in gasoline continued its downward trend to stand at 1.9% – with the overall growth fo...|
|Austria >> 7/13/2013 - The OPEC Reference Basket averaged $101.03/b in June, representing an increase of 38˘ over
the previous month. In the first half of the year, the Basket averaged $105.09/b, a decline of $6.96.
|Austria >> 7/13/2013 - While the softer-than-expected recovery in the global economy this year continues to impact the oil market, the
outlook for next year expects some improvement. The initial forecast for global economi...|
|Austria >> 7/13/2013 - Forecast for 2013|
Demand for OPEC crude for 2013 saw little change from the previous report with 1Q13 and 2Q13 seeing an upward revision of around 0.1 mb/d, while 3Q13 and 4Q13 remained ...
|China >> 7/9/2013 - The growth in China’s oil demand in April continued at a slower pace of 2.5% y-o-y. Oil demand growth has eased from 8% y-o-y from the period of September 2012 to January 2013 to just around 3% from F...|
|Austria >> 7/8/2013 - The OPEC Reference Basket (ORB) slipped only marginally in May to average $100.65/b. Hopes for stronger global economic recovery were undermined by weak manufacturing data from China and lacklustre fi...|
|Iran >> 7/7/2013 - Iran oil minister says development of the country’s oil and gas industry is going on despite the escalation of illegal US-engineered sanctions against the Islamic Republic. ...|
|Japan >> 7/5/2013 - In Japan, the contraction in oil demand in April was lower in magnitude than in the same month of the previous year at minus 0.13 mb/d, while in February and March, demand contracted by 0.27 mb/d and ...|
|Iraq >> 7/4/2013 - Citigroup Inc. is among international banks seeking to finance a pipeline that Iraq plans to build to export crude oil and natural gas through neighboring Jordan, an official at the State Company for ...|
|Saudi Arabia >> 6/30/2013 - Sadara Chemical Company (Sadara) has announced financial close for the funding of approximately US$40.5 billion (the Main Financing), marking the completion of project financing for Sadara which is an...|
|Austria >> 6/29/2013 - After the significant decline of commodity prices in April, the momentum has stabilised somewhat in May. This development seems to have been supported by a variety of factors:|
First, there ...
|Austria >> 6/27/2013 - The total open interest volume (OIV) in major US commodity markets decreased by over 1.5% m-o-m, for the first time in four months, to 8.8 million contracts in May compared to an increase of 2.4% in t...|