|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...
|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, ...|
|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...|
|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 ...
|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...
|Austria >> 3/9/2012 - Industrialised countries|
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...
|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-...
|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%...|
|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...|
|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...|
|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. ...|
|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. ...|
|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: ...|
|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...|
|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 >> 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...|
|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...|
|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...|
|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,...|
|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...|