|Austria >> 1/15/2009 - OPEC Reference Basket|
Volatility and market turbulences continued to dominate market bearishness into the first week of December. Demand worries remained as weak economic indicators sustai...
|Austria >> 1/15/2009 - Market sentiment continued to slide as economic indicators pointed to a prolonged recession. Stronger dollar and weak equity markets added to the bearishness. Nymex WTI closed the first weekly ...|
|Austria >> 1/15/2009 - Trends in selected commodity markets|
Commodity prices declined 14.1% in December following a decline of 16.8% in the previous month. As in the two previous months, the December drop in the...
|Austria >> 1/15/2009 - Industrialised countries|
United States of America
Economic indicators in December point to a deepening US recession as unemployment rises sharply, PMI indices continue to signal deep ...
|Austria >> 1/15/2009 - World oil demand in 2008|
US oil consumption is considered the major factor behind the vanishing growth in oil demand in 2008. North America alone shaved 1.1 mb/d from world oil demand grow...
|Austria >> 1/15/2009 - Non-OPEC|
Forecast for 2008
Non-OPEC supply is expected to average 50.57 mb/d in 2008, an increase of 80 tb/d over 2007 and a downward revision of 50 tb/d from the previous month’s ass...
|Austria >> 1/15/2009 - A combination of a cold snap across the Western hemisphere with unseasonable cuts by refiners and lower cost of crude provided support for product prices and refining economics over the last few weeks...|
|Austria >> 1/15/2009 - OPEC spot fixtures declined by 4% in December compared to the previous month to reach 10.91 mb/d, according to preliminary data. The decline was due to lower OPEC fixtures from the Middle East which d...|
|Austria >> 1/15/2009 - USA|
According to official data, US crude oil imports in December declined for the second month in a row to average 9.65 mb/d. Crude oil imports to the US were 3.3% or 328,000 b/d lower tha...
|Austria >> 1/15/2009 - USA|
US commercial oil stocks increased further in December, the third build in a row, representing a contraseasonal build in the fourth quarter. Total inventories rose by 1.9 mb to hit 1,0...
|Austria >> 1/15/2009 - Estimate for 2008|
The demand for OPEC crude has been revised up slightly to reflect lower non-OPEC supply estimation. The demand for OPEC crude in 2008 is now forecast at 30.8 mb/d, a decl...
|Kazakhstan >> 1/12/2009 - JSC KazMunaiGas Exploration Production announces the share and global depositary receipt buy back procedure during the close period which precedes the Company’s 2008 financial results announcement exp...|
|Sweden >> 1/12/2009 - The oil and gas company PA Resources AB raised two bond loans in January 2008, amounting to a total amount of USD 200 million and maturing the 9th of January 2009. The first bond loan, with ISIN numbe...|
|Sweden >> 1/5/2009 - A preliminary calculation shows that the rights issue of convertible bonds has been fully subscribed. Through the issue, PA Resources will receive proceeds of approximately SEK 1,164 million (before i...|
|Russia >> 1/1/2009 - “In view of Ukraine’s refusal of the offer on the favorable terms of gas supply in 2009 priced at USD 250, starting from January Gazprom will supply gas to Ukraine at the European market price – USD 4...|
|Russia >> 12/30/2008 - On 30 December 2008, OAO Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 “Interim Financial Reporting...|
|Kazakhstan >> 12/23/2008 - Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, today announced its interim results for the six months ended 30 September 2008. A summary of the Group’s fi...|
|United States >> 12/23/2008 - NATCO Group Inc. announced today that it has increased its revolving credit facility by $52.7 million to a total of $137.7 million. This additional liquidity may be used for general corporate purposes...|
|Canada >> 12/19/2008 - Oilexco Incorporated announced that it has received regulatory approval for the equity success fee component of its $47.5 million bridge financing announced on December 17, 2008. As part of the bridge...|
|Algeria >> 12/17/2008 - The 151st (Extraordinary) Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) convened in Oran, Algeria, on 17 December 2008, under the Chairmanship of its Presid...|