|Saudi Arabia >> 6/8/2011 - Oil prices jumped after OPEC failed to reach a deal to increase output, raising fears of supply shortages later this year that could fuel a further price rally, imperiling the economic recovery. ...|
|Iraq >> 6/2/2011 - Iraq agreed to increase daily oil exports to Jordan to 15,000 barrels from 10,000 barrels, the Jordanian state-run news agency Petra said, citing Jordan’s Prime Minister Marouf al-Bakhit. ...|
|Ghana >> 5/31/2011 - Tullow Oil plc announces its plans for a secondary listing of its shares on the Ghana Stock Exchange (GSE) and an offering of 4,000,000 Tullow shares in Ghana. The offer of Tullow shares on the GSE wi...|
|Tanzania >> 5/31/2011 - Canadian energy firm Orca Exploration plans to drill a new well in Tanzania this year and expand an existing facility at a cost of $35 million to boost natural gas production at the Songo Songo field....|
|Iraq >> 5/30/2011 - China National Petroleum Corp (CNPC) has received its first cargo of crude oil as payment for helping to develop Iraq's Rumaila oilfield, the top Chinese oil firm said, two weeks after partner BP Plc ...|
|Iraq >> 5/26/2011 - Iraq government spending will rise by around a quarter in 2012 to 115 trillion Dinars ($98.45 billion), and higher oil prices will allow it to balance state finances this year, its finance minister sa...|
|Iraq >> 5/24/2011 - Iraq must overhaul the draft of its long-delayed oil law but will press ahead with developing its petroleum industry while debate on the divisive legislation drags on, Deputy Prime Minister Hussain al...|
|Angola >> 5/23/2011 - Indonesia's state oil and gas firm Pertamina plans to spend $1.5 billion raised from global bond issues to invest in Angola and to develop its wells in Cepu and West Madura blocks, state enterprises m...|
|Austria >> 5/16/2011 - - The OPEC Reference Basket rose further in April to average $118.09/b, up $8.25 from the previous month and $35.76 from a year earlier. The continued upward trend was supported by ongoing development...|
|Austria >> 5/16/2011 - In the first few days of May, crude oil prices appeared to have shifted to a higher range, with the OPEC Reference Basket moving between $116/b and $121/b. While uncertainties due to the ongoing crisi...|
|Austria >> 5/16/2011 - OPEC Reference Basket|
The OPEC Reference Basket increased further in April, moving within a range of $115-120/b and supported by the futures market. It even passed the $120/b mark in the s...
|Austria >> 5/16/2011 - Trends in selected commodity markets|
The World Bank (WB) energy index rose by 6.5% m-o-m for a ninth straight month in April driven by the conflict in the MENA region. The non-fuel commodi...
|Austria >> 5/16/2011 - Industrialised countries|
The most recent data from the US was slightly weaker than expected and shows that the economy has experienced a recent slowdown. The initial estim...
|Austria >> 5/16/2011 - World oil demand|
A volatile oil market is making future estimates hard to manage. Many variables have been affecting oil demand worldwide. The Japanese earthquake, along with economic unce...
|Austria >> 5/16/2011 - Non-OPEC Estimate for 2010|
Non-OPEC supply is estimated to have averaged 52.26 mb/d in 2010, representing growth of 1.12 mb/d. This figure has remained broadly unchanged since the last rep...
|Austria >> 5/16/2011 - Product markets were impacted in March by the tragic events in Japan, which negatively affected top of the barrel components. However, this situation reversed in April and light distillate demand resu...|
|Australia >> 5/16/2011 - OPEC spot fixtures increased in April by 10% to stand at 15.81 mb/d. The gain came mainly from the Middle East. Outside the Middle East, fixtures decreased by 2% in April. Compared to the previous mon...|
|Austria >> 5/16/2011 - US|
At the end of April, total US commercial oil stocks continued the downward trend observed for the last three months and declined by 1.3 mb. It is worth noting that since February, US co...
|Austria >> 5/16/2011 - Estimate for 2010|
Demand for OPEC crude for 2010 remains unchanged from the previous assessment to average 29.5 mb/d. However, within the quarters, the third quarter saw a downward adjustm...
|Iraq >> 5/12/2011 - Dana Gas PJSC (DANA) is owed about $300 million for oil and natural gas that it pumped in Egypt and in the semi-autonomous Kurdish region of Iraq. ...|