|India >> 4/26/2012 - Asia’s oil production is expected to remain almost steady in 2012, compared with last year, with a minor increase of 30 tb/d, and unchanged from the previous MOMR. There were minor upward and downward...|
|Australia >> 4/25/2012 - OECD Pacific’s oil production is projected to average 0.54 mb/d in 2012, an increase of 30 tb/d over the previous year and steady from the previous evaluation. Despite the unchanged level of supply, t...|
|Japan >> 4/24/2012 - In February, commercial oil stocks in Japan fell considerably for the fifth consecutive month, by 10.1 mb, to stand at 157.8 mb. With this draw, they were 3.1 mb, or 1.9%, below the same period a year...|
|United Arab Emirates >> 4/24/2012 - Dana Gas PJSC (DANA) hired Blackstone Group LP (BX), the world’s largest private-equity firm, to advise on the $1 billion restructuring of Islamic bonds maturing in October, three people familiar with...|
|Austria >> 4/23/2012 - Light-sweet/heavy-sour spreads were mixed during March. The dated Bent/Urals and LLS/Mars spreads widened by almost $1.80/b in favour of the light-sweet crudes. Meanwhile, in Asia, the Dubai/Tapis spr...|
|Austria >> 4/21/2012 - Investment in commodities still rose in March, but at a slower pace, due to some mixed macroeconomic signals, especially slower growth in China and the pending problems in the Euro-zone, and despite t...|
|United Arab Emirates >> 4/20/2012 - DNO International ASA, the Norwegian oil and gas company, announced that it has signed an amended concession agreement with the Government of the Emirate of Ras Al Khaimah, RAK Gas LLC and Dahan Petro...|
|Austria >> 4/19/2012 - In March, the World Bank’s (WB’s) energy commodity price indices rose by 3.7% month- on-month (m-o-m), supported by booming crude oil prices, while non-energy prices increased at a slower pace of 0.6%...|
|Saudi Arabia >> 4/18/2012 - Rabigh Refining and Petrochemical Company (Petro Rabigh), jointly founded by Sumitomo Chemical and Saudi Aramco, is operating an integrated refinery and petrochemicals complex (the Rabigh Project) in ...|
|Austria >> 4/17/2012 - Nymex WTI’s market structure deepened its contango further in March, with the first- versus-second-month spread moving from minus 40¢/b in February to an average of minus 48¢/b, representing a change ...|
|Indonesia >> 4/16/2012 - Asian cracking margins fell during March, as product cracks weakened across the barrel, with light distillates exhibiting a weak balance, while the bottom of the barrel continued losing ground due to ...|
|United Arab Emirates >> 4/16/2012 - Middle East trader FAL Oil is close to securing an agreement to restructure about $700 million of its debt with creditors that will include additional loans to keep its operations going, at least two ...|
|Austria >> 4/15/2012 - In March, crude oil futures prices rose further, with Nymex WTI increasing for the sixth month in a row and ICE Brent for the third. A bullish geopolitical environment, optimistic economic data - part...|
|Yemen >> 4/14/2012 - Yemen and China discussed here the possible means to encourage more Chinese companies to invest in the promising oil, gas and minerals sectors in the country. ...|
|Austria >> 4/13/2012 - For the third consecutive month, the OPEC Reference Basket sustained its hefty month-on-month gain in March to settle at $122.97/b, the highest monthly average since the all-time high of July 2008. Th...|
|Austria >> 4/12/2012 - Estimate for 2011|
The demand estimate for OPEC crude for 2011 remains almost unchanged from the previous assessment, as both non-OPEC supply and demand saw minor upward adjustments. At 30....
|Austria >> 4/12/2012 - US|
US commercial oil stocks reversed the fall of the previous month and increased by 14.3 mb to end March at 1,073.8 mb. With this build, they stood at 30.8 mb, or 3.0%, above the year-ago...
|Austria >> 4/12/2012 - According to preliminary data, OPEC spot fixtures increased by 1.87 mb/d in March over the previous month to average 12.21 mb/d. This increase was driven mainly by eastbound fixtures, supported by hig...|
|Austria >> 4/12/2012 - Product market sentiment showed a mixed performance in March, with gasoline continuing to recover despite lacklustre demand in the Atlantic Basin, on the back of export opportunities in a tight market...|
|Austria >> 4/12/2012 - Non-OPEC|
Estimate for 2011
Non-OPEC oil supply is estimated to have averaged 52.39 mb/d in 2011, an increase of 90 tb/d over the previous year. This constitutes an overall up...