|Australia >> 8/27/2007 - WorleyParsons Limited announced a full year result for 2007 of $224.8 million, an increase of 61.6% over the $139.1 million net profit reported in 2006. The result was earned on aggregated revenue of ...|
|Nigeria >> 8/20/2007 - Equator Exploration Limited announces that, given the ongoing delays with the Bilabri project, the contract for the FPSO BW Peace with BW Endeavour Limited , held jointly with the operator and sole li...|
|Austria >> 8/14/2007 - The OPEC Reference Basket gained $4.98 or 7.5% in July to mark a new record high of $71.75/b. Supply disruption from West Africa, a draw on the US crude oil stocks and a strong outlook for the US econ...|
|Austria >> 8/14/2007 - Non-OPEC|
Forecast for 2007
Non-OPEC oil supply is expected to average 50.33 mb/d in 2007, an increase of 0.88 mb/d over the previous year and a net downward revision of 85,000 ...
|Austria >> 8/14/2007 - Counter-seasonal gasoline stock movements in the USA as a result of recovering domestic refinery runs and higher imports undermined the bullish momentum in product markets and exerted downward pressur...|
|Austria >> 8/14/2007 - Estimate for 2007|
The demand for OPEC crude in 2007 is forecast to average 31.00 mb/d, an increase of 0.1 mb/d over the previous year. On a quarterly basis, demand for OPEC crude is expect...
|Austria >> 8/14/2007 - OPEC Reference Basket|
The bullishness dominated into July on several factors including US crude oil stock declines, tight supply from West Africa and an early indication of a healthy US ec...
|Austria >> 8/14/2007 - The volatility in the futures market resumed on mixed weekly US petroleum data revealing a rise in crude oil stocks in late June while seasonal fuel stocks declined. While refineries were seen to boos...|
|Austria >> 8/14/2007 - Industrialised countries|
United States of America
The downside risks to the US outlook have increased during the past month casting doubts on the expectation of a gradual US ec...
|Austria >> 8/14/2007 - Following the increase seen in the last two months, OPEC spot fixtures continued the upward movement in July, rising more than 1%. July’s OPEC spot fixtures displayed the highest level since January, ...|
|Austria >> 8/14/2007 - OECD|
OECD crude oil imports increased in June by more than 1% from the previous month according to preliminary estimated data. Increased crude oil imports from Japan, South Korea, and the ...
|Austria >> 8/14/2007 - USA|
US total commercial oil stocks stood at 1,034.1 mb at the end of July, the highest level so far this year since end-January and 20 mb above the five-year average. The increase of 6.8 m...
|Austria >> 8/14/2007 - World oil demand in 2007|
World oil demand in July followed a typical summer seasonality trend. July oil demand grew the most in the USA, China, the Middle East, and other Asia, especially ...
|Austria >> 8/14/2007 - Over the last four weeks, prices for benchmark WTI crude oil have exhibited extreme volatility. On 31 July, the price of WTI surged to a record high of $78.16/b on news that US crude oil stocks had pl...|
|Austria >> 8/14/2007 - World oil demand for the first half of 2007 grew by slightly less than 1 mb/d or 1.1% y-o-y to average 85.05 mb/d. Winter was warm in the first half of 2007 in most of the northern hemisphere, which p...|
|Saudi Arabia >> 7/20/2007 - SABIC affiliate Yanbu National Petrochemical Company (YANSAB) announced non-operating net loss of SR 9.3 million for the Q2 2007 compared to non-operating net profits of SR 37.1 million reported in th...|
|Saudi Arabia >> 7/20/2007 - The Saudi Basic Industries Corporation (SABIC) reported a net profit of US$3.4 billion for the first half of 2007 compared to US$2.3 billion in the same period last year, an increase of 45%. The comp...|
|Austria >> 7/16/2007 - Estimate for 2007|
The demand for OPEC crude in 2007 is forecast to average 30.78 mb/d. On a quarterly basis, the forecast shows that demand for OPEC crude was 31.18 mb/d, 30.02 mb/d, 30.79...
|Austria >> 7/16/2007 - The OPEC Reference Basket in June rose $2.41 or almost 4% to close at $66.77/b. Concern over gasoline supply dominated market bullishness, with geopolitical concerns and refinery glitches providing fu...|
|Austria >> 7/16/2007 - World oil demand in 2007|
World oil demand in June followed the expected low seasonality trend. June world oil demand growth was attributed mainly to the developing countries. With the stro...