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Stock Movements - Mar 12
Austria >> 3/9/2012 - US
US commercial oil stocks reversed the slight fall of the last month and increased by 4.0 mb to end the month of February at 1059.5 mb. With this build, they switched last month’s defici...
Tanker Market - Mar 12
Austria >> 3/9/2012 - Following the upward trend in January, OPEC spot fixtures continued to increase in February, by 1.31 mb/d, to average 12.27 mb/d. This increase was supported by both eastbound and westbound sailings, ...
Product Markets and Refinery Operations - Mar 12
Austria >> 3/9/2012 - Product market sentiment turned bearish in February, following disappointing demand for middle distillates due to the weak economy and the mild winter in the Northern Hemisphere. Additionally, the con...
World Oil Supply - Mar 12
Austria >> 3/9/2012 - Non-OPEC
Estimate for 2011
Non-OPEC oil supply is estimated to have increased slightly by 30 tb/d in 2011 from the previous year to average 52.34 mb/d, representing a downward ...
World Oil Demand - Mar 12
Austria >> 3/9/2012 - World oil demand
Given the dimmer world economic picture this year in comparison with last year, total oil demand growth is expected to remain at around the same level. However, risks rema...
World Economy - Mar 12
Austria >> 3/9/2012 - Industrialised countries
US
The recovery in the US continues. The recently announced second release of the 4Q11 GDP number was revised up to 3.0% and 2.8% on an annualized basi...
Commodity Markets - Mar 12
Austria >> 3/9/2012 - Trends in selected commodity markets
In February 2012, the World Bank (WB) energy commodity price indices rose by n4.4% m o-m in February, supported by booming crude oil prices while non-...
Japan: One Year After - Mar 12
Japan: One Year After - Mar 12 Austria >> 3/9/2012 - A year after Japan was hit by the tragic events in March 2011, the consequences are still being felt. The most recent data from 4Q11 shows a contraction of 0.7%, resulting in a yearly GDP drop of 0.7%...
Oil Market Highlights - Mar 12
Austria >> 3/9/2012 - - The OPEC Reference Basket continued to move higher in February, settling at $117.48/b, representing an increase of $5.72/b or 5.1% over the previous month. The increase was supported by geopolitical...
One-Dollar Hike in Oil Price Adds USD 1 Mln to Kuwait Revenues
Kuwait >> 3/7/2012 - Chief Executive Officer of Kuwait Energy Co. Sara Akbar said each increase in the oil prices by one US dollar per barrel adds USD one million to the company's revenues. "The production cost at the com...
EIA Cuts Forecast for Non-OPEC Oil, Demand Growth
EIA Cuts Forecast for Non-OPEC Oil, Demand Growth Austria >> 3/6/2012 - The U.S. Energy Information Administration cut its estimates for oil production growth outside of OPEC countries this year and next and also reduced its estimates on oil demand growth. ...
Oil Eases, Investors Eye Economic Growth
Oil Eases, Investors Eye Economic Growth Israel >> 3/6/2012 - Oil eased in volatile trading towards $123 a barrel as concerns over global economic growth trumped the supply risks and tension associated with Iran's controversial nuclear work. ...
DME Continues Record Breaking 2012
United Arab Emirates >> 3/5/2012 - The Dubai Mercantile Exchange (DME), the leading energy futures exchange in the Middle East, continued its historic start to 2012 with the announcement of three new trading records: ...
Aramco Raises Oil Premium for April Sales to Asia
Aramco Raises Oil Premium for April Sales to Asia Saudi Arabia >> 3/4/2012 - Saudi Arabian Oil Co., the world’s largest crude exporter, said Arab Light crude sold to Asia will be priced at a premium of $2.80 a barrel to the regional benchmark for April loading compared with $1...
Aramco Says Exporting Crude Oil Normally in Sandstorm
Aramco Says Exporting Crude Oil Normally in Sandstorm Saudi Arabia >> 3/4/2012 - Saudi Arabian Oil Co. is shipping crude normally today from terminals in the Persian Gulf, the world’s largest oil exporter said, even as sandstorms stop other kinds of cargo from leaving the nation’s...
Kuwait’s Oil Revenues Likely to Top KD 27.8 Bln
Kuwait >> 3/3/2012 - Kuwait's oil revenues may amount to KD 27.8 billion in the FY 2011-2012 if the production and price levels remain the same as in February, the eleventh month of the current fiscal year, an economic re...
India refuses government guarantee on Syria oil imports
India refuses government guarantee on Syria oil imports Syria >> 3/3/2012 - India has refused to provide its sovereign guarantee for oil imports from Syria, two government sources said, frustrating refiners looking for alternative sources of crude to hedge against possible su...
Obama Renews Appeal to End USD 4 Bln in Oil And Gas Subsidies
United States >> 3/2/2012 - U.S. President Barack Obama renewed his appeal to end USD 4 billion in oil and gas subsidies, as the price of petroleum inches higher at the pump. Speaking at a townhall meeting in New Hampshire, Obam...
IPIC Loan Pricing Fails to Find Bankers' Favour
IPIC Loan Pricing Fails to Find Bankers' Favour United Arab Emirates >> 3/1/2012 - Abu Dhabi's International Petroleum Investment Co (IPIC) is looking to pay 100 basis points in total to refinance a $850 million loan shortly coming due, three banking sources told Reuters. The level,...
FSU and Russia Oil Supply – Feb 2013
FSU and Russia Oil Supply – Feb 2013 Russia >> 2/27/2012 - Total FSU oil production is expected to average 13.41 mb/d in 2013, an increase of 0.10 mb/d over 2012, indicating a minor downward revision of 10 tb/d compared with the previous MOMR. The downward re...

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