|Austria >> 11/15/2011 - The OPEC Reference Basket decreased in October, moving below the significant $100/b-level in the first week for the first time since mid-February. The downward movement in the Basket in early October ...|
|Iran >> 11/14/2011 - The monetary authority in Iran had reversed the decision to cut interest rates on bank deposits, aiming to cut excess cash in the economy to halt rising inflation. The Iranian Central Bank governor sa...|
|Austria >> 11/14/2011 - Demand for OPEC crude for this year has been revised up by 0.1 mb/d from the previous assessment driven mainly by the downward revision in non-OPEC supply as demand remained unchanged. Within the quar...|
|Syria >> 11/10/2011 - Oil majors Royal Dutch Shell and Total have slashed Syrian oil production as international sanctions make exports impossible, industry sources told Reuters. The development is a further sign that sanc...|
|Austria >> 11/9/2011 - Forecast for 2011|
Demand for OPEC crude for this year has been revised up by 0.1 mb/d from the previous assessment driven mainly by the downward revision in non-OPEC supply as demand remai...
|Austria >> 11/9/2011 - US|
After a strong stock-draw in September, US commercial oil inventories fell for the second consecutive month, declining by 9.8 mb to stand at 1,064.7 mb, the lowest level since April 201...
|Austria >> 11/9/2011 - OPEC spot fixtures increased by 5% in October to average 11.8 mb/d, up from 11.23 mb/d in September, as per preliminary data. The increase is attributed to higher fixtures from the Middle East, which ...|
|Austria >> 11/9/2011 - Light distillates continued to be bearish, losing ground due to lacklustre demand in the Atlantic Basin, while middle distillates and fuel oil showed a vibrant recovery across the world on the back of...|
|Austria >> 11/9/2011 - Non-OPEC|
Forecast for 2011
Non-OPEC oil supply is expected to increase by 0.22 mb/d in 2011 to average 52.50 mb/d. This represents a sharp downward revision of 0.13 mb/d from t...
|Austria >> 11/9/2011 - World oil demand in 2011|
The fourth quarter is by nature a high season for oil consumption as the world demands more heating and fuel oil. However, despite the winter demand for oil produc...
|Austria >> 11/9/2011 - Industrialised countries|
While the US economy recovered very slowly in 1H11, it seems that the momentum has improved slightly more recently. The expansion remains at mod...
|Austria >> 11/9/2011 - Trends in selected commodity markets|
The World Bank (WB) index for non-energy commodities decreased further by 7.6% m-o-m compared to a 2.6% fall in September due to a drop in base metal a...
|Austria >> 11/9/2011 - Gasoline demand in the Atlantic Basin remained weak throughout this year’s summer driving season. During this period, US gasoline consumption averaged around 8.9 mb/d, representing a decline of around...|
|Austria >> 11/9/2011 - - The OPEC Reference Basket decreased in the first week of October to below the $100 mark. However, by mid-month, it had reversed course following developments in equity markets on hopes for a solutio...|
|Kuwait >> 11/8/2011 - Kuwait Energy Company, one of the fastest growing, independent, oil and gas exploration and production companies in the Middle East, announced unaudited revenues of USD 47.9 million for the third quar...|
|Syria >> 11/3/2011 - Syria's state-owned oil firm Sytrol has cancelled a tender to sell fuels, traders said, in a sign that oil firms are becoming more wary after western governments imposed sanctions due to a bloody mili...|
|Iran >> 11/2/2011 - Pakistani Petroleum Minister Asim Hossein said a consortium of banks has been formed to finance the Iran-Pakistan gas pipeline project. ...|
|China >> 11/2/2011 - For the first time in the 10-year history of the Platts Top 250 Global Energy Company Rankings, an Asian company has attained one of the top five spots on the prestigious financial performance-based l...|
|Egypt >> 10/31/2011 - Africa was the continent most affected by the global financial crises although it had nothing to do with their causes, said Deputy Prime Minister and Finance Minister Hazem el-Biblawi. The global fina...|
|Egypt >> 10/29/2011 - American oil and gas company Apache Corp (APA.N) plans to increase investments in its Egypt operations by $1.5 billion starting in 2012, Egypt's General Authority for Free-zones and Investments (GAFI)...|