Financials and Investment News
| Austria >> 6/11/2013 - Estimate for 2012 Demand for OPEC crude in 2012 remains unchanged from the previous report at 30.2 mb/d, representing a minor decline compared to 2011. The quarterly figures ar... |
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South Africa >> 6/9/2013 - The first BRICS summit in Africa in Durban on 27 March reached decisions on three main issues:
1- Establishment of a BRICS bank facilitating trade between the BRICS economies and also at an internati... |
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India >> 6/8/2013 - In March 2013, India’s oil demand returned back to normal growth at 2.1% y-o-y. All product requirements grew y-o-y, with the exception of jet fuel/kerosene and fuel oil, which fell 3% and 4%, respect... |
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Austria >> 6/7/2013 - The total open interest volume (OIV) in major commodity markets in the US increased by over 2.4% m-o-m, for the fourth consecutive month, to 8.9 mn contracts in April, adding to the 1.2% rise in Febru... |
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Austria >> 6/6/2013 - The US dollar in April declined slightly against all major currencies, with the exception of the yen. It fell by 0.5% versus the euro, 1.1% compared to the Swiss franc, 1.5% against the pound sterling... |
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China >> 6/3/2013 - The growth in China’s oil demand in March fell by just 2% y-o-y, the lowest percentage seen since August 2012. This was a result of a slowdown in economic growth, mainly affecting industrial fuel dema... |
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Austria >> 5/28/2013 - Demand for OPEC crude in 2013 has been revised up by 0.1 mb/d from the previous report to stand at 29.8 mb/d. This represents a decline of 0.4 mb/d, compared to a year earlier. The upward revision cam... |
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Japan >> 5/27/2013 - In Japan, March 2013 oil demand fell by 7.4% y-o-y as a result of milder weather leading to lower requirements for kerosene. A decline in petroleum product use in the power sector also affected Japane... |
| Australia >> 5/27/2013 - Further to the announcements made on 5 April 2013, 19 April 2013 and 26 April 2013, International Petroleum Limited (“International Petroleum” or the “Company”), advises its shareholders that it has, ... |
| Venezuela >> 5/24/2013 - Venezuela's state oil company PDVSA will receive a revolving credit line of at least $1 billion from oil services giant Schlumberger, the OPEC nation's oil minister said. ... |
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Austria >> 5/21/2013 - The declining trend in commodities in April has continued, as was confirmed by the latest World Bank data. Prices fell across the board, with the exception of the Henry Hub gas prices. This continues ... |
| Austria >> 5/12/2013 - The OPEC Reference Basket dropped for the second-consecutive month in April, declining by
$5.39 or more than 5% to stand at $101.05/b. Year-to-date, the Basket declined by $10.22 or 8.7%
from the sa... |
| Austria >> 5/12/2013 - Non-OPEC Estimate for 2012 Non-OPEC oil production is estimated to have averaged 52.98 mb/d in 2012, indicating an increase of 0.53 mb/d over the previous year. The estimate r... |
| Austria >> 5/12/2013 - Estimate for 2012 Demand for OPEC crude for 2012 has been revised up by 0.1 mb/d to stand at 30.2 mb/d. This was due to the downward revision to OPEC NGLs following receipt of the latest... |
| Colombia >> 5/9/2013 - Ecopetrol S.A. announces that its Board of Directors approved the allocation of an extra US$502 million for the modernization project of its Cartagena Refinery in 2013. ... |
| Sudan >> 5/7/2013 - Sudan looked set to receive $2 billion in oil pipeline fees from South Sudan by the end of 2014 and should prioritize overhauling its agricultural sector with the money, the International Monetary Fun... |
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India >> 5/7/2013 - In February, Indian oil consumption fell for the first time for 23 months, by 1.5% y-o-y, driven by sluggish economic growth and weaker farm, mining and manufacturing activity. All product requirement... |
| Nigeria >> 5/4/2013 - Sirius is pleased to announce that it has entered into an Exclusivity Off-take Agreement (“the Agreement”) with Glencore Energy UK Limited (“Glencore”) which includes provision for a conditional pre-f... |
| Brazil >> 5/2/2013 - Brookwater Ventures Inc. reports that the operator of block 166 in the Reconcavo Basin in Brazil has commenced arbitration proceedings against Brookwater's wholly owned subsidiary, Agua Grande Explora... |
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Austria >> 5/1/2013 - In March, US total commercial oil stocks continued their downward trend for the second consecutive month, declining by 9.1 mb to 1,077.3 mb. Despite this stock-draw, they were 32.9 mb or 3.2% above th... |
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