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Asia Pacific Oil Supply - September 2012
Asia Pacific Oil Supply - September 2012 Australia >> 10/9/2012 - Total OECD Pacific oil supply is expected to decline by 30 tb/d in 2012 compared to the previous year, to average 0.54 mb/d. This represents an upward revision of 10 tb/d compared to the previous MOMR...
Saudi Says "Achieved Feat" in Reducing Oil Prices
Saudi Says Saudi Arabia >> 10/9/2012 - Saudi Arabia is satisfied that oil prices have fallen to a level that does not hamper global growth, Saudi Oil Minister Ali al-Naimi said, signalling success in a Gulf Arab effort to keep oil prices u...
Middle East Oil Demand in September 2012
Middle East Oil Demand in September 2012 Iran >> 10/8/2012 - Iran partially removed gasoline subsidies on domestic consumption leading to a decrease in gasoline demand by 50 tb/d. Oil consumption within the Middle East has been growing by around 2.7% annually. ...
ENH and Galp Energia Sign Cooperation Agreement
Mozambique >> 10/8/2012 - The National Oil and Gas Company of Mozambique, Empresa Nacional de Hidrocarbonetos, EP (ENH), and Galp Energia signed a technical, operational and financial cooperation agreement with focus on their ...
Forecast for Balance of Supply and Demand for 2013– September 2012
Forecast for Balance of Supply and Demand for 2013– September 2012 Austria >> 10/6/2012 - Demand for OPEC crude in 2013 remains unchanged from the previous report to stand at 29.5 mb/d. This represents negative growth of 0.4 mb/d compared to 2012. Within the quarters, the first and fourth ...
OECD Pacific Oil Demand
OECD Pacific Oil Demand Japan >> 10/5/2012 - Record rainfalls in July delivered flooding and landslides into southern Japan, affecting transportation fuel consumption slightly. The latest monthly data for July showed a decline in transport fuel;...
Investment Flows into Commodity Markets in August 2012
Investment Flows into Commodity Markets in August 2012 Austria >> 10/5/2012 - Total open interest volume (OIV) in major commodity markets in the US was up 0.6% m-o-m to 8,558,176 contracts in August compared to a 2.6% drop in the previous month. Crude oil, precious metals, copp...
Africa Oil Supply - September 2012
Africa Oil Supply - September 2012 Sudan >> 10/3/2012 - African oil supply is expected to average 2.36 mb/d in 2012, representing a decline of 0.23 mb/d over last year, indicating a downward revision of 60 tb/d compared to the previous MOMR. The downward r...
China Oil Demand in September 2012
China Oil Demand in September 2012 China >> 10/2/2012 - In China, July imports were very weak; hence, the country’s oil demand for the month was not as strong as expected. The third quarter is China’s high season for oil consumption summer is the season fo...
Cosmo Oil to Start Talks with Lenders Over Loan Terms
United Arab Emirates >> 10/2/2012 - Cosmo Oil Co., a Japanese refiner partly owned by the government of Abu Dhabi, may breach asset reserve covenants on some bank loans and will soon start talks with lenders to resolve the issue. ...
UAE Utility TAQA Seeks $3 Bln Loan Refinancing
UAE Utility TAQA Seeks $3 Bln Loan Refinancing United Arab Emirates >> 10/2/2012 - Abu Dhabi National Energy Co (TAQA) is looking to refinance up to $3 billion of syndicated loans and banks are due to submit proposals this week, two bankers close to the deal said. ...
Sudan Tells United Nations its Debts Must Be Canceled
Sudan >> 9/29/2012 - Sudan told the United Nations General Assembly that its debts must be canceled and its economy supported as it struggles to recover from losing three-quarters of its critical oil revenue to South Suda...
India & Indonesia Oil Demand in September 2012
India & Indonesia Oil Demand in September 2012 India >> 9/29/2012 - The effect of India’s total massive power shut-down has been seen in the country’s diesel demand. The country’s effort to keep up with summer heat, along with excessive uploads to the electricity line...
Canada and Mexico Oil Supply – September 2012
Canada and Mexico Oil Supply – September 2012 Canada >> 9/28/2012 - Canada oil supply is forecast to average 3.78 mb/d in 2012, representing growth of 0.22 mb/d over 2011 and a minor downward revision of less than 10 tb/d from the previous MOMR. The revision was mainl...
Forecast for Balance of Supply and Demand for 2012 –September 2012
Forecast for Balance of Supply and Demand for 2012 –September 2012 Austria >> 9/27/2012 - Demand for OPEC crude for 2012 remains almost unchanged from the previous report as demand and non-OPEC supply saw only a minor adjustment. In quarterly terms, the first three quarters remains unchang...
Nigeria to Increase Share of Offshore Oil Profits
Nigeria >> 9/27/2012 - Nigeria, Africa’s top oil producer, plans to increase its share of offshore oil profits because of “prevailing realities” in the industry, Petroleum Minister Diezani Alison-Madueke said. ...
Shell Denies Talks with Kurds on Energy Projects
Shell Denies Talks with Kurds on Energy Projects Iraq >> 9/26/2012 - Royal Dutch Shell Plc (RDSA) isn’t in talks with authorities in Iraq’s semi-autonomous Kurdish region about energy projects in the northern area, an Iraqi government spokesman said. ...
Caspian and China Oil Supply – September 2012
Caspian and China Oil Supply – September 2012 Azerbaijan >> 9/26/2012 - Kazakhstan oil supply is estimated to increase by 10 tb/d in 2012 to average 1.61 mb/d, unchanged from the last MOMR. The Tengiz oil field’s output was curtailed due to maintenance in August and outpu...
The Crude Oil Futures Market
The Crude Oil Futures Market Austria >> 9/23/2012 - Following the substantial 7-10% m-o-m rally in August, crude oil futures prices have barely moved in September. Both Nymex WTI and ICE Brent front-month inched up marginally by around half a percentag...
Japan Stock Movements
Japan Stock Movements Japan >> 9/19/2012 - In July, commercial oil stocks in Japan rose for the fifth consecutive month, up 0.9 mb, to stand at 178.3 mb, the highest level since May 2011. With this build, inventories are at 0.6 mb or 0.4% abov...

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