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World Oil Demand - Feb 10
Austria >> 2/10/2010 - World oil demand in 2009
With the year 2009 behind us and the economic recovery ongoing, the uncertainties impacting oil demand are expected to remain for some time. Last year’s oil deman...
World Oil Supply - Feb 10
Austria >> 2/10/2010 - Non-OPEC

Estimate for 2009
Non-OPEC supply in 2010 is estimated to have increased by 0.58 mb/d over the previous year to average 50.95 mb/d in 2009. The current estimate ...
Product Markets and Refinery Operations - Feb 10
Austria >> 2/10/2010 - A cautious and strategic operational approach by refiners coupled with higher seasonal demand somehow led to improving product market fundamentals in January. However, mild weather in the latter par...
The Tanker Market - Feb 10
Austria >> 2/10/2010 - Total spot fixtures increased 0.4 mb/d to stand slightly below 19 mb/d. The pick up in activity after the December holidays supported gains as charterers looked to cover open positions. OPEC spot tank...
Oil Trade - Feb 10
Austria >> 2/10/2010 - USA
US crude oil imports averaged 8.43 mb/d in January, about 0.45 mb/d higher than the previous month bit a 14% or 1.41 mb/d decline compared to the same month a year ago. For the year, c...
Stock Movements - Feb 10
Austria >> 2/10/2010 - USA
US commercial oil inventories at the end of January fell for the fourth consecutive month by 3.0 mb, however, this drop was well below the one experienced in recent months and also muc...
Balance of Supply and Demand - Feb 10
Austria >> 2/10/2010 - Estimate for 2009
Demand for OPEC crude has been revised up by around 130,000 b/d to currently stand at 28.8 mb/d, driven by an upward revision to the fourth quarter of 400,000 b/d. This c...
BP Fourth Quarter and Full-Year 2009 Results
United Kingdom >> 2/2/2010 - - BP's fourth-quarter replacement cost profit was $3,447 million, compared with $2,587 million a year ago, an increase of 33%. For the full year, replacement cost profit was $13,955 million compared w...
Dana Gas Increases Revenues & Gas Reserves in 2009
United Arab Emirates >> 2/1/2010 - Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, has announced its financial results for the year ended 31st December 2009. ...
Exxon Mobil Announces Estimated Q4 2009 Results
United States >> 2/1/2010 - Exxon Mobil Corporation Our financial strength provided us with the foundation to continue investing in new energy supplies to help meet global energy demand and to fuel economic growth. Capital and e...
Chevron Reported Q4 Net Income of $3.1 bn
United States >> 1/29/2010 - Chevron Corporation reported earnings of $3.07 billion ($1.53 per share - diluted) for the fourth quarter 2009, compared with $4.90 billion ($2.44 per share - diluted) in the fourth quarter 2008. Earn...
Occidental Announces Q4 and 12-Month 2009 Results
United States >> 1/28/2010 - Occidental Petroleum Corporation announced net income of $938 million ($1.15 per diluted share) for the fourth quarter of 2009, compared with $443 million ($0.55 per diluted share) for the fourth quar...
Exxon Mobil Declares First Quarter Dividend
United States >> 1/27/2010 - The Board of Directors of Exxon Mobil Corporation declared a cash dividend of 42 cents per share on the Common Stock, payable on March 10, 2010 to shareholders of record of Common Stock at the close o...
Hess Reports Estimated Results for Q4 of 2009
United States >> 1/27/2010 - Hess Corporation reported net income of $358 million for the fourth quarter of 2009 compared with a net loss of $74 million for the fourth quarter of 2008. The after-tax results by major operating act...
Jacobs Reports Earnings for Q1 of Fiscal 2010
United States >> 1/25/2010 - Jacobs Engineering Group Inc. announced its financial results for the first quarter of fiscal 2010 ended January 1, 2010. Jacobs reported today net earnings of $72.4 million, or $0.58 per diluted shar...
DNO to Update Status Arbitration Proceedings
Iraq >> 1/25/2010 - As previously reported DNO Iraq AS (DNOI), a subsidiary of DNO International ASA (DNO) is involved in arbitration proceedings related to certain third party interests in Kurdistan. Such third parties ...
Halliburton Announces Q4 Earnings Revenue
United States >> 1/25/2010 - Halliburton announced that income from continuing operations for the fourth quarter of 2009 was $257 million, or $0.28 per diluted share, excluding a $10 million net of tax, or $0.01 per diluted share...
Schlumberger Fourth-Quarter and Full-Year 2009 Results
United States >> 1/22/2010 - Schlumberger Limited reported full-year 2009 revenue of $22.70 billion versus $27.16 billion in 2008. Income from continuing operations attributable to Schlumberger, excluding charges, was $3.36 billi...
Oil Market Highlights - Jan 10
Austria >> 1/19/2010 - Crude oil price developments saw two distinct patterns in December. After falling to a two-month low of $70.7/b in mid-December, the OPEC Reference Basket rebounded on the back of positive economic ...
Fundamentals Not Behind Recent Market Behaviour - Jan 10
Austria >> 1/19/2010 - A recent surge saw crude oil prices gaining more than $10 since mid-December to break above the $80/b mark. As a result of this upward push, the price of WTI averaged $82.48/b in the first week of 20...

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