|Austria >> 2/9/2012 - Light/heavy crude oil spreads tightened sharply over the past several weeks in favour of heavy crudes. Brent has been trading just $1.50/b above Dubai, less than half the premium three months ago, and...|
|Austria >> 2/9/2012 - OPEC Reference Basket|
In January, the OPEC Reference Basket increased to $111.76/b, the highest monthly average since April. The rise in the Basket in January, a trend that had started in ...
|Austria >> 2/9/2012 - Trends in selected commodity markets|
The World Bank (WB) index for non-energy commodities increased by 2.9% m-o-m in January, reversing the 2.7% drop in December. This was supported mostly...
|Austria >> 2/9/2012 - Industrialised countries|
The US economy continues its recovery. The recently announced preliminary 4Q11 GDP of 2.8% marks the highest level of quarterly growth of the previo...
|Austria >> 2/9/2012 - World oil demand|
Recent economic setbacks have pushed the future forecast of world oil demand further down. Worries about the US economy, along with the EU debt problem, are adding more un...
|Austria >> 2/9/2012 - Non-OPEC|
Estimate for 2011
Non-OPEC oil supply is estimated to have averaged 52.40 mb/d in 2011, an increase of 0.10 mb/d over the previous year, indicating a downward revision...
|Austria >> 2/9/2012 - Tighter supply, following the closure of several refineries in the Atlantic Basin, caused product markets to exhibit a sharp recovery in January, despite weak demand in the region. This situation, alo...|
|Austria >> 2/9/2012 - Global fixtures increased by 15.6% in January, compared with the previous month. OPEC spot fixtures were up by 1.7 mb/d, or 16%, and averaged 12.4 mb/d, according to preliminary data. The gain in OPEC...|
|Austria >> 2/9/2012 - US|
US commercial oil stocks reversed the falls of the last four months and rose by 11.5 mb to end January at 1,055.8 mb. Despite this build, they remained 21.0 mb, or 2.0%, below the same ...
|Austria >> 2/9/2012 - Estimate for 2011|
Demand for OPEC crude for 2011 remained unchanged from the previous assessment, as both non-OPEC supply and world oil demand saw a similar downward adjustment of around 2...
|Iran >> 1/25/2012 - The statement read: By imposing new sanctions against Iran’s oil, EU has decided to use oil, which is a non-political means, to achieve its political aims, a decision that will have some consequences,...|
|Congo >> 1/23/2012 - The oil and gas group PA Resources will recognise non-cash, one-off costs in the form of impairment and write-downs of approximately SEK 1,750 - 1,850 million net after taxes in the financial result f...|
|Iran >> 1/23/2012 - Here is an outline of EU sanctions against Iran over its nuclear program. New sanctions were imposed Monday. ...|
|Iraq >> 1/23/2012 - Iraq, which is seeking to boost crude exports to rebuild its economy, said oil shipments climbed 3.7 percent in December to 66.5 million barrels, generating the highest revenue in four months, $7.06 b...|
|Egypt >> 1/23/2012 - The government will not backtrack on its decision to build the first Egyptian nuclear plant in Dabaa area, said Planning and International Cooperation Minister Fayza Abul-Naga at a press conference fo...|
|Israel >> 1/22/2012 - Israeli conglomerate Delek Group said on Sunday that the collateral to back an HSBC loan for its gas exploration units had been rejected by Israel's Petroleum Commissioner. ...|
|Syria >> 1/22/2012 - Western sanctions on Syrian oil exports have cost the country $2 billion (1 billion pounds) since September; Oil Minister Sufian Alao was quoted as saying. The official SANA news agency quoted Alao as...|
|Brazil >> 1/20/2012 - OGX, the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, has raised a total amount of R$ 600 million to finance the development of the Gaviao R...|
|Iraq >> 1/18/2012 - Iraq, the third-largest oil producer in OPEC, will boost output capacity this year to 3.4 million barrels a day and export capacity to 2.6 million barrels, Oil Minister Abdul Kareem al-Luaibi said. |
|Nigeria >> 1/18/2012 - Nigeria's government ordered a fresh audit of its entire oil and gas sector covering the last three years, the latest move to clean up corruption in Africa's biggest oil industry after a week of anti-...|