|Austria >> 5/18/2012 - The World Bank’s (WB’s) energy commodity price index dipped by 3.6% month-onmonth (m-o m) in April. The non-energy price index showed only a slight 0.4% m-o-m drop, representing a slowing pace of decl...|
|Iraq >> 5/18/2012 - Iraq's oil exports from its southern ports have slipped by 170,000 barrels per day (bpd) so far in May, according to shipping data tracked by Reuters, although Iraq remains hopeful of sustaining shipm...|
|Austria >> 5/16/2012 - Light-sweet/heavy-sour differentials were mixed during April, remaining stable in Asia and the US, but narrowing in Europe. In Asia, light-sweet/heavy-sour differentials were narrower around the middl...|
|United Arab Emirates >> 5/16/2012 - Dubai is targeting a price of $10 for credits it hopes to earn from United Nations emissions offset projects as markets recover, according to the chairman of the government-sponsored Dubai Centre for ...|
|Saudi Arabia >> 5/16/2012 - Oil industry executives and bankers are assuming oil prices will stay above $100 a barrel in the year ahead, despite mounting economic worries, as any fall below that level would trigger a cut in Saud...|
|United States >> 5/15/2012 - U.S. crude prices dropped towards $94 a barrel, pressured by concerns that Europe would slip into a worse-than-expected recession. ...|
|United Arab Emirates >> 5/14/2012 - Crescent Petroleum Co., Dana Gas PJSC (DANA)’s biggest shareholder, has no plan to provide cash to the United Arab Emirates-based natural gas producer to help pay a $1 billion Islamic bond due in Octo...|
|Austria >> 5/14/2012 - Investment in commodity markets continued to be dampened by still-ongoing macroeconomic concerns, especially about a Chinese hard-landing and the problems in the Euro-zone, regardless of the recovery ...|
|Saudi Arabia >> 5/14/2012 - Oil fell to the lowest level in almost five months amid growing speculation that Greece may leave the euro currency union and as Saudi Arabia’s oil minister said prices should decline further. Futures...|
|Saudi Arabia >> 5/13/2012 - Top crude exporter Saudi Arabia wants an oil price of around $100 a barrel and would like to see global inventories rise before demand picks up in the second half of the year, Oil Minister Ali al-Naim...|
|India >> 5/12/2012 - Indian oil demand growth for February hit a strong 7.4% y-o-y. This was the largest rate of growth since November. Diesel oil demand grew the most, adding another 0.17 mb/d to the total diesel consump...|
|Russia >> 5/11/2012 - The Russian economy was affected by a strong growth in investment demand and a tight labour market in February. Demand for investment grew by 15.1% while unemployment remained flat at 5.9%, slightly b...|
|Algeria >> 5/10/2012 - Insolvent Swiss oil refiner Petroplus owes Algerian state energy firm Sonatrach over $250 million in unpaid bills, an Algerian energy sector official told Reuters. ...|
|India >> 5/10/2012 - The new all-India CPI inflation measure surged to 8.8% in February from 7.7% in January, suggesting that retail price pressures firmed that month (JP Morgan, 30 March 2012). However, core inflation ha...|
|Austria >> 5/10/2012 - After three consecutive monthly gains, the OPEC Reference Basket declined in April to settle at $118.18/b, representing a drop of $4.79 or 3.9%. Prices remain elevated by the risk premium associated w...|
|Austria >> 5/10/2012 - Following a good performance in 2010, non-OPEC supply in 2011 experienced relatively minor growth of 70,000 b/d to average 52.4 mb/d. The current 2011 data reflects various revisions which brought gro...|
|Austria >> 5/10/2012 - Trends in selected commodity markets|
The World Bank’s (WB’s) energy commodity price index dipped by 3.6% month-onmonth (m-o m) in April. The non-energy price index showed only a slight 0...
|Austria >> 5/10/2012 - Industrialised countries|
The US economy has so far this year shown remarkable momentum, with more growth than expected, and this seems likely to continue. After growth slo...
|Austria >> 5/10/2012 - World oil demand|
Given the stabilization of the US economy and the shutdown of the Japanese nuclear power plants, world oil demand has – at least, for the short term – stopped its declin...
|Austria >> 5/10/2012 - Non-OPEC|
Estimate for 2011
Non-OPEC oil supply is estimated to have averaged 52.39 mb/d in 2011, indicating an increase of 70 tb/d over the previous year. This estimate is un...