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Crude Oil Price Movements-Aug 10
Austria >> 8/13/2010 - OPEC Reference Basket
The OPEC Reference Basket moved between $70 and $75/b in July to average $72.51/b.This represents a decline of 0.66% from the previous month and an increase of $7.92 ...
Commodity Markets-Aug 10
Austria >> 8/13/2010 - Trends in selected commodity markets
The IMF commodity price index went up 1.5% m-o-m in July mainly on the back of non-fuel markets and especially food, due to a severe drought in Eastern...
Highlights of the World Economy-Aug 10
Austria >> 8/13/2010 - Industrialised countries

USA
The US economy continues to grow, but at a decelerating level. The newly released GDP data shows that while the 1Q10 quarterly growth was stron...
World Oil Demand-Aug 10
Austria >> 8/13/2010 - World oil demand in 2010
The world economic condition in most OECD countries is showing signs of a slowdown. Economic stimulus plans are becoming difficult to maintain and growth is still ...
World Oil Supply-Aug 10
Austria >> 8/13/2010 - Non-OPEC Forecast for 2010
Non-OPEC oil supply in 2010 is forecast to grow by 0.79 mb/d over the previous year to average 51.92 mb/d. The projected increase represents an upward revision o...
Product Markets and Refinery Operations-Aug 10
Austria >> 8/13/2010 - The driving season in the US produced the highest gasoline demand in July since the summer of 2007. This encouraged refiners to increase utilization rates to 90.7%, the highest level in the last two y...
The Tanker Market-Aug 10
Austria >> 8/13/2010 - OPEC spot fixtures in July experienced two contrasting trends. OPEC spot bookings grew sharply through to the middle of the month, then in the second half OPEC spot fixtures began a declining trend th...
Oil Trade-Aug 10
Austria >> 8/13/2010 - USA
According to preliminary data, US crude oil imports averaged 9.97 mb/d in July, up 3.1% from the month before and 9.6% higher than the same month a year earlier. Most of the increase c...
Stock Movements-Aug 10
Austria >> 8/13/2010 - USA
US commercial oil inventories at the end of July continued their upward trend for the fourth consecutive month, increasing strongly by 23.4 mb and accumulating nearly 60 mb over this p...
Balance of Supply and Demand-Aug 10
Austria >> 8/13/2010 - Estimate for 2010
Demand for OPEC crude for 2010 has been revised slightly up by 52 tb/d to currently stand at 28.7 mb/d. This upward revision comes as the higher demand figure demand outp...
ERC Gets $2.6B Debt Financing for Refinery Build
Egypt >> 8/9/2010 - The Egyptian Refining Company (ERC) announced that it has signed a debt package of US$ 2.6 billion to finance construction of its state-of-the-art US$ 3.7 billion second-stage oil refinery in the Grea...
Nabucco Investment Decision By Q1 at Latest
Turkey >> 8/4/2010 - The final investment decision for the planned Nabucco gas pipeline will be made in the first quarter of next year at the very latest, an official for Nabucco shareholder OMV said on Wednesday. ...
Angola to Finance New Infrastructure
Angola >> 8/2/2010 - Angola will set up a fund that will use oil money to finance new infrastructure as it struggles to pay up to $9 billion in late bills to foreign construction firms, Radio Nacional de Angola said on Mo...
Schlumberger Announces Second-Quarter 2010 Results
United States >> 7/23/2010 - Schlumberger Limited reported second-quarter 2010 revenue of $5.94 billion versus $5.60 billion in the first quarter of 2010, and $5.53 billion in the second quarter of 2009. ...
Russia to Get $55 bn in New Oil, Gas Duties
Russia >> 7/23/2010 - Russia will raise the mineral extraction tax on gas by 61 percent from January 1 and increase export tariffs on copper, nickel and oil products to add billions to state coffers, the Finance Ministry s...
Oil Market Highlights - Jul 10
Austria >> 7/15/2010 - - The OPEC Reference Basket declined by $1.53 to average $72.95/b in June. The market remained volatile throughout the month as mixed economic data painted an uncertain picture about the strength of t...
The Oil Market Outlook in 2011 - Jul 10
Austria >> 7/15/2010 - World economic growth for 2011 is forecast at 3.7%, slightly lower than the 2010 forecast of 3.8%. These numbers reflect some caution and take into account the challenges that lie ahead. The broad an...
Crude Oil Price Movements - Jul 10
Austria >> 7/15/2010 - OPEC Reference Basket
The OPEC Reference Basket fell a further $1.53 in June to stand at a $72.95/b, the lowest level since October 2009. However, this represents an easing of the sharp de...
Commodity Markets - Jul 10
Austria >> 7/15/2010 - Trends in selected commodity markets
Commodity prices continued declining in June, weighed down by the European sovereign debt crisis, bearish macroeconomic data, tightening policy in Chin...
Highlights of the World Economy - Jul 10
Austria >> 7/15/2010 - Industrialised countries

USA
The US economy is entering a critical stage. The economy enjoyed a fast recovery after the recession’s end in the third quarter of 2009. Sinc...

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