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Asia Oil Supply – March 2013
Asia Oil Supply – March 2013 Malaysia >> 4/7/2013 - Asia’s oil supply is predicted to average 3.62 mb/d in 2013, an increase of 30 tb/d over the previous year and flat from a month earlier. Despite this steady state, minor revisions have been carried o...
Oil Prices, US Dollar & Inflation
Oil Prices, US Dollar & Inflation Austria >> 4/6/2013 - The US dollar in February gained largely in value against the Japanese yen and the pound sterling but declined slightly when compared to the euro and the Swiss franc. On an average monthly base, the U...
US Stock Movements
US Stock Movements Austria >> 4/1/2013 - US total commercial oil stocks continued the downward trend of the last four months in February, declining by 16.9 mb to end the month at 1,086.4 mb. Despite this stockdraw, they were 17.1 mb or 1.6% ...
Developing Countries Oil Demand in March 2013
Developing Countries Oil Demand in March 2013 India >> 3/28/2013 - Indian oil consumption grew once more by a remarkable 7.8% y-o-y, driven by high economic growth. Heavily subsidized diesel, partly used for electricitygeneration and transport, accounted for most of ...
Forecast for Balance of Supply and Demand for 2012
Forecast for Balance of Supply and Demand for 2012 Austria >> 3/27/2013 - Demand for OPEC crude for 2013 has been revised down by 0.1 mb/d from the previous report to stand at 29.7 mb/d. This represents a contraction of 0.4 mb/d compared with a year earlier. The downward re...
Middle East Oil Supply - March 2013
Middle East Oil Supply - March 2013 Oman >> 3/26/2013 - Middle East oil supply is estimated to remain relatively steady in 2013, with a minor increase of 10 tb/d, and average 1.51 mb/d, which would indicate a minor upward revision of 10 tb/d from last mont...
OECD Pacific Oil Demand in March 2013
OECD Pacific Oil Demand in March 2013 Japan >> 3/23/2013 - In Japan, 2013 started with a marginal increase in oil consumption during January, compared with the same month in 2012. Despite colder weather than last year, the direct use of crude and fuel oil was...
Asia Pacific Oil Supply - March 2013
Asia Pacific Oil Supply - March 2013 Australia >> 3/22/2013 - The OECD Asia-Pacific’s oil supply is expected to average 0.60 mb/d in 2013, a growth level of 60 tb/d over the previous year and representing a downward revision of 20 tb/d from the previous month. T...
Balance of Supply and Demand for 2012
Balance of Supply and Demand for 2012 Austria >> 3/21/2013 - Demand for OPEC crude in 2012 remained unchanged from the previous report as demand and non-OPEC supply saw only a minor adjustment. However, within the quarters, 4Q12 saw a downward revision of almos...
Canada and Mexico Oil Supply – March 2013
Canada and Mexico Oil Supply – March 2013 Canada >> 3/21/2013 - Canada’s oil production is anticipated to average 3.96 mb/d in 2013, an increase of 0.19 mb/d from the previous year and representing an upward revision of 35 tb/d from the previous MOMR. The upward r...
China Oil Demand in March 2013
China Oil Demand in March 2013 China >> 3/20/2013 - January was another strong month for China’s apparent oil consumption. This grew sharply by almost 7% y-o-y, the largest monthly growth since the beginning of 2012 and overcoming the solid December 20...
Gazprom to Convert Motor Vehicles to Gas in Russia
Russia >> 3/20/2013 - Moscow keeps hosting the National Oil and Gas Forum, which is primarily aimed at setting the agenda for Russian oil and gas industry leaders. Viktor Zubkov, Chairman of the Gazprom Board of Directors ...
US Oil Supply – March 2013
US Oil Supply – March 2013 Austria >> 3/18/2013 - Oil supply from the US is forecast to increase by 0.58 mb/d over the previous year to average 10.59 mb/d in 2013, which would be the highest level since 1985, denoting an upward revision of 85 tb/d fr...
OPEC Reference Basket in February 2013
OPEC Reference Basket in February 2013 Austria >> 3/16/2013 - The OPEC Reference Basket notched up a second month of gains in February, particularly in the first half of the month. Global crude markets were supported earlier in the month by strong bullish sentim...
Max Completed Listing on Kazakhstan Stock Exchange
Max Completed Listing on Kazakhstan Stock Exchange Kazakhstan >> 3/15/2013 - Max Petroleum, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that further to its announcement on 1 March 2013, Max Petroleum’s ordinary shares (Or...
Brazil President Signs Oil Royalty Law
Brazil >> 3/14/2013 - Brazil's President Dilma Rousseff signed into law a bill stripping oil-producing states of billions in royalty earnings to share them with non-producing regions, but a legal challenge is expected to t...
Seychelles to Change Oil Laws & Invite Exploration Bids
Seychelles >> 3/13/2013 - Seychelles plans to revamp its model petroleum production sharing agreements before inviting oil and gas companies to bid for exploration licences from May 2013, an energy official said. ...
Balance of Supply and Demand - Mar 13
Austria >> 3/12/2013 - Estimate for 2012
Demand for OPEC crude in 2012 remained unchanged from the previous report as demand and non-OPEC supply saw only a minor adjustment. However, within the quarters, 4Q12 ...
KGOC Operating Budget Hits KD 400 Mln
Kuwait >> 3/12/2013 - The Kuwait Gulf Oil Company (KGOC), a subsidiary of Kuwait Petroleum Corporation (KPC), has set its annual operating budget for 2013 at an estimated KD 400 million, KGOC Chairman and Managing Director...
Oil Market Highlights - Mar 13
Austria >> 3/12/2013 - The OPEC Reference Basket reached $112.75/b in February, a gain of $3.47 over the previous month. All Basket component values improved, particularly Venezuela’s Merey. Crude futures retained stren...

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