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Israel Gets Natgas Supplement from Offshore Well
Israel >> 6/13/2012 - A U.S.-Israeli consortium began supplying Israel with natural gas from its offshore Pinnacles well to help stave off a national energy shortage expected this summer. ...
South Sudan Mps Suspend Officials in Corruption Probe
South Sudan Mps Suspend Officials in Corruption Probe Sudan >> 6/13/2012 - South Sudan's parliament has voted to suspend at least 75 senior officials accused of massive corruption. President Salva Kiir sent a letter to the current and ex-government employees, asking them to ...
Turkey Starts Talks to Buy Saudi Oil
Turkey Starts Talks to Buy Saudi Oil Saudi Arabia >> 6/12/2012 - Turkey has begun talks with Saudi Arabia on long-term crude oil purchases, Turkish Energy Minister Taner Yildiz said, after the United States said it would exempt Turkey from financial sanctions becau...
OPEC Member Countries Economy – May 2012
OPEC Member Countries Economy – May 2012 Saudi Arabia >> 6/12/2012 - Growth in business activity in Saudi Arabia’s non-oil private sector rose to a ninemonth high in April, boosted by strong output and new orders, a survey has shown. The SABB HSBC Saudi Arabia PMI, whi...
Balance of Supply and Demand - Jun 12
Austria >> 6/12/2012 - Estimate for 2011
Demand for OPEC crude for last year remained unchanged from the previous assessment, as world oil demand, non-OPEC supply and OPEC NGLs saw minor revisions. All quarter...
Stock Movements - Jun 12
Austria >> 6/12/2012 - US
US total commercial oil stocks reversed the draw of the previous month and rose considerably — by 17.7 mb to end May at 1087.3 mb, the highest level since November 2011. Thus, inventori...
Tanker Market - Jun 12
Austria >> 6/12/2012 - Global oil fixtures increased by 4% im May to stand at 19.34 mb/b, supported mainly by OPEC fixtures, which increased by 12% from the month before to reach 11.65 mb/d. The increase in OPEC fixtures wa...
Product Markets and Refinery Operations - Jun 12
Austria >> 6/12/2012 - Product market sentiment retreated from the improvement seen in April. This was due mainly to a loss in the top of the barrel, which resulted from disappointing naphtha demand in the worldwide petroch...
World Oil Supply - Jun 12
Austria >> 6/12/2012 - Non-OPEC
Estimate for 2011
Non-OPEC oil supply is estimated to have averaged 52.40 mb/d in 2011, an increase of 90 tb/d over the previous year. Compared with last month’s est...
World Oil Demand - Jun 12
Austria >> 6/12/2012 - World oil demand
The first half of this year has witnessed various economic developments worldwide that have placed much uncertainty on oil demand. This has been related to two main fact...
World Economy - Jun 12
Austria >> 6/12/2012 - Industrialised countries
US
Despite recent signs that the US economy is weakening slightly, it remains the most robust of the major economies. The labour market, however, is ...
Commodity Markets - Jun 12
Austria >> 6/12/2012 - Trends in selected commodity markets
The World Bank’s commodity price index continued to fall with the energy index plummeting 7.6% m-o-m in May, compared to a 3.5% fall in April. The non-...
Crude Oil Price Movements - Jun 12
Austria >> 6/12/2012 - OPEC Reference Basket
The OPEC Reference Basket extended losses into a second straight month in May, to incur its biggest month-to-month decline since December 2008. It lost a significan...
Oil Market Challenges in The Second Half of 2012 - Jun 12
Austria >> 6/12/2012 - Signs appear to be showing that the global economy is slowing further. From the Euro-zone crisis to a notable deceleration in the developing and emerging economies, the current challenges are manifold...
Oil Market Highlights - Jun 12
Austria >> 6/12/2012 - The OPEC Reference Basket fell for the second straight month in May to $108.07/b, representing a decline of $10.11 or 9.4%, the largest month-to-month loss since December 2008. Futures prices also fel...
India Economy - May 2012
India Economy  - May 2012 India >> 6/11/2012 - Given India’s slowing economy, large public deficit and a rising subsidy bill, many had expected some hard measures of reform in the country’s fiscal year budget announced on 16 March by the finance m...
Asia Pacific Oil Supply - May 2012
Asia Pacific Oil Supply - May 2012 Australia >> 6/10/2012 - OECD Asia Pacific’s supply is projected to increase slightly, by 30 tb/d, to average 0.53 mb/d in 2012, flat from the previous month. Weather conditions affected output during the first quarter, yet p...
Saudi Cuts Oil Output in May to 9.8 Mln Bpd
Saudi Cuts Oil Output in May to 9.8 Mln Bpd Saudi Arabia >> 6/9/2012 - Top oil exporter Saudi Arabia pumped 9.8 million barrels per day (bpd) of crude oil in May, cutting output by 300,000 bpd from the month before, an industry source said. The Saudi kingdom's oil produc...
Russia Economy – May 2012
Russia Economy – May 2012 Russia >> 6/9/2012 - In his speech to parliament on 11 April, Vladimir Putin set out the priorities for his new presidential term: halting the decline in Russia's population; developing the Russian Far East; and creating ...
Egypt Secures $3.7 Bln for Egyptian Refinery Company
Egypt >> 6/7/2012 - Egypt has secured $3.7 billion in project financing to upgrade a facility to be operated by the Egyptian Refinery Company (ERC) in one of the country's largest ever inward investments. Prime Minister ...

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