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The Tanker Market - Jan 10
Austria >> 1/19/2010 - The tanker market continued to show strength in December, and freight rates grew further from November levels. This was the case for both segments of the market, crude and product tankers, and for m...
Oil Trade - Jan 10
Austria >> 1/19/2010 - Global net oil import patterns were mixed at the end of the year, according to the latest available data. US net oil imports in December declined by 0.8 mb/d compared to the previous month and were ...
Stock Movements - Jan 10
Austria >> 1/19/2010 - OECD
Total OECD commercial oil stocks rose by a contra-seasonal 12.6 mb in November after a substantial drop in October of 47 mb. At 2,747 mb, OECD commercial oil inventories are at 93 mb ...
Balance of Supply and Demand - Jan 10
Austria >> 1/19/2010 - Estimate for 2009
Demand for OPEC crude has been revised up by around 70,000 b/d to currently stand at 28.7 mb/d, mainly reflecting a downward revision to non-OPEC supply as global oil dem...
SABIC Signs $2.68 bn Agreement to Finance Tianjin
China >> 1/18/2010 - Saudi Basic Industries Corporation (SABIC) announced the signing in Beijing of financing agreements by its affiliate SINOPEC SABIC Tianjin Petrochemical Co. Ltd, totalling RMB 18.26 billion (US $2.68 ...
China North East Repays 8% Secured Debenture
China >> 1/13/2010 - China North East Petroleum Holdings Limited, a leading independent oil producing and oilfield services company in Northern China, announced that it has repaid in full its 8% Secured Debenture (the "De...
Petrochemical Industries to Make KD 65 m Profit
Kuwait >> 1/11/2010 - Petrochemical Industries Company (PIC) said it is expecting a profit of 65 million Kuwaiti dinars in the financial year 2009/2010. Speaking to Kuwait News Agency (KUNA), PIC Chairman and Managing Dire...
Egypt's EGPC Seeks $2 bn Financing -Bankers
Egypt >> 1/8/2010 - Egypt's state-owned Egyptian General Petroleum Corporation (EGPC) is looking to secure a $2 billion; 58-month debt financing that will be used for export finance, bankers close to the deal said. ...
Oil Market Highlights - Dec 09
Austria >> 12/15/2009 - - Crude oil prices rose in November supported by expectations for economic growth in the coming year and the positive impact on demand, as well as US dollar depreciation. The OPEC Reference Basket s...
Review of 2009, Outlook for 2010 - Dec 09
Austria >> 12/15/2009 - While 2009 will go on record for large parts of the globe as the worst year since the Great Depression, a meltdown in the world financial system has been successfully evaded through unprecedented and...
Crude Oil Price Movements - Dec 09
Austria >> 12/15/2009 - OPEC Reference Basket
Consolidating perceptions for economic growth for the coming year and the positive impact on demand along with the depreciation of the US dollar against other cu...
Commodity Markets - Dec 09
Austria >> 12/15/2009 - Trends in selected commodity markets
The IMF commodity price index rose 4.2% m-o-m in November 2% lower than the previous month following a deceleration in the growth pace of both the...
Highlights of the World Economy - Dec 09
Austria >> 12/15/2009 - Industrialised countries
United States of America
The US recovery continues. Unemployment fell, retails sales increased, existing homes sales moved up to a level of over 6 mn ...
World Oil Demand - Dec 09
Austria >> 12/15/2009 - World oil demand in 2009
The year 2009 was one of the worst years not only for the world economy but also for global oil demand. The US economy went through a devastating plunge amoun...
World Oil Supply - Dec 09
Austria >> 12/15/2009 - Non-OPEC
Forecast for 2009
Non-OPEC supply is estimated to grow by 500 tb/d over the previous year to average 50.96 mb/d in 2009, following an upward revision of around 100...
Product Markets and Refinery Operations - Dec 09
Austria >> 12/15/2009 - Due to sluggish demand and high inventories of petroleum products, refining economics remained weak in November. This encouraged refiners, especially in the Atlantic Basin, to trim operation lev...
The Tanker Market - Dec 09
Austria >> 12/15/2009 - According to preliminary data, OPEC spot fixtures were steady in November, averaging about 11.49 mb/d, compared to 11.46 mb/d the previous month. Fixtures from the Middle East averaged 6.0 mb/d, ind...
Oil Trade - Dec 9
Austria >> 12/15/2009 - USA
According to latest official data, US crude oil imports declined further in November to average 8.58 mb/d, about 52,000 b/d lower than the previous month and about 14% or 1.37 mb/d l...
Stock Movements - Dec 09
Austria >> 12/15/2009 - OECD
OECD commercial oil inventories dropped 36 mb in October, the largest draw since February 2008 when stocks lost 62 mb. OECD commercial oil stocks have followed a steady upward tr...
Balance of Supply and Demand - Dec 09
Austria >> 12/15/2009 - Estimate for 2009
Demand for OPEC crude has been revised down by around 70 tb/d to currently stand at 28.6 mb/d, reflecting mainly the upward revision in non-OPEC supply as demand remain...

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