|Austria >> 7/12/2011 - Despite actual data for the first quarter and strong indications for the second, oil market forecasts for this year continue to show a divergence among various sources for projections for world econom...|
|Austria >> 7/12/2011 - OPEC Reference Basket|
The OPEC Reference Basket moved within a large range of $102-114/b in June, but on average fell for the second consecutive month to stand at $109.04/b, down 90˘ from ...
|Austria >> 7/12/2011 - Trends in selected commodity markets|
Both energy and non-energy prices experienced a drop in June amid high volatility, but this compared favourably with the hefty decline seen the previou...
|Austria >> 7/12/2011 - Industrialised countries|
While the US economy is expected to see stronger growth in the second half, compared with the first half, most recent indicators have pointed to a l...
|Austria >> 7/12/2011 - World oil demand in 2011|
The oil market has been volatile, making future oil demand estimates hard to predict. An unsteady world economy is negatively affecting the oil market and imposing...
|Austria >> 7/12/2011 - Non-OPEC|
Forecast for 2011
Non-OPEC oil supply is expected to average 52.89 mb/d in 2011, an increase of 0.62 mb/d over 2010, indicating a downward revision of 30 tb/d from the...
|Austria >> 7/12/2011 - Product markets continued being impacted by weaker-than-expected demand growth at the onset of the driving season and, additionally, the bearish sentiment in the light distillates market was further f...|
|Austria >> 7/12/2011 - In June, estimated OPEC spot fixtures increased by 13.5% compared with last month, to average 13.7 mb/d. Global spot fixtures increased by 5% in June, compared with the previous month, to average 18.4...|
|Austria >> 7/12/2011 - US|
At end of June, US commercial oil inventories continued the seasonal build observed during the last two months and increased by 4.1 mb to end the month at 1,065.6 mb. The build was attr...
|Austria >> 7/12/2011 - Estimate for 2011|
Demand for OPEC crude for 2011 has been revised up by 0.1 mb/d to currently stand at 30.0 mb/d. This reflects an upward revision in world oil demand as well as a slight d...
|Iran >> 7/12/2011 - NaftIran Intertrade Company (NICO) is slated to invest about 800 million dollars in Persian Gulf Star oil refinery, managing director of the National Iranian Oil Refining And Distribution Company (NIO...|
|Russia >> 7/12/2011 - In the first six months of 2011 TNK-BP has invested over 2.3 billion Rubles to refurbish and upgrade production facilities at the Saratov Refinery and it intends to bring these investments up to 7.5 b...|
|Iraq >> 7/11/2011 - Shares of Canada's Vast Exploration Inc plunged 60 percent in morning trade after the company said it was unable to maintain the production rate at a well in Iraq during a test. Shares of the Calgary,...|
|Iran >> 7/11/2011 - Jordan is considering an Iranian offer to supply natural gas to the Kingdom as a means of overcoming its current energy crisis, the Jordanian Minister of Energy and Mineral Resources has said. Khaled ...|
|Saudi Arabia >> 7/11/2011 - Saudi Arabian Oil Co., the world’s largest state-owned oil company, will supply full contracted volumes of crude to Asian refiners in August, according to three refinery officials. Saudi Aramco, as th...|
|Kuwait >> 7/4/2011 - The total cost of the projects which the Kuwait National Petroleum Company (KNPC) works on in 2011 are expected to hit KD 11 billion, Deputy Managing Director for Projects Hatem Al-Awadhi revealed. ...|
|Angola >> 6/22/2011 - Sonangol Holdings, Angola’s state oil company, is in talks with banks for a $1 billion ten-year syndicated loan, according to a person with knowledge of the situation. Credit Agricole CIB and Standard...|
|Russia >> 6/16/2011 - Annual growth in oil demand could average 1.2 million barrels per day (mb/d) between now and 2016, while natural gas demand could grow by around 500 billion cubic meters – around 2.5 times Russia’s cu...|
|Austria >> 6/15/2011 - - The OPEC Reference Basket plunged by $8.15 or almost 7% in May to average around $110/b. This decline – which was the first since July 2010 and the largest in percentage terms since May 2010 was at...|
|Austria >> 6/15/2011 - In recent weeks, the market has been experiencing excessive volatility. Recent economic data and releases point to a widening slowdown in global manufacturing activity and persistently high levels of ...|