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Market Sentiment Improves Despite Weak Fundamentals - Apr 09
Austria >> 4/15/2009 - While economic news remains bearish with labour markets in the US and elsewhere continuing to weaken, a few promising developments have begun to appear, which have recently helped to improve market se...
Crude Oil Price Movements - Apr 09
Austria >> 4/15/2009 - OPEC Reference Basket
The petroleum market was mostly dominated by equity trends. Venezuela Merey crude replaced BCF-17 retroactively since January of this year which made the Basket sligh...
The Oil Futures Market - Apr 09
Austria >> 4/15/2009 - The petroleum market emerged the weekly period in volatile trade. Amid unexpected draws in gasoline inventories and lower-than-expected builds on crude oil stocks in the USA, the stimulus plan helped ...
Commodity Markets - Apr 09
Austria >> 4/15/2009 - Trends in selected commodity markets
The IMF commodity price index went up by 2.2% m-o-m in March but was 45% lower than a year ago. Despite the deep global economic recession and further ...
Highlights of the World Economy - Apr 09
Austria >> 4/15/2009 -  Industrialised countries
United States of America

The United States are still in the midst of the worst recessions in decades. The new administration’s aid-package which is targetin...
World Oil Demand - Apr 09
Austria >> 4/15/2009 - World oil demand in 2008
The world economic crisis caused more damage to global oil demand in the fourth quarter last year than previously expected. The OECD Pacific and Other Asia oil dem...
World Oil Supply - Apr 09
Austria >> 4/15/2009 - Non-OPEC
Forecast for 2008

Non-OPEC supply is estimated to average 50.32 mb/d in 2008, following a minor downward revision of 20 tb/d from the last assessment. This corresponds to neg...
Product Markets and Refinery Operations - Apr 09
Austria >> 4/15/2009 - Gasoline stock build in the US and the weakening of the distillates market have exerted pressured on product market sentiment and undermined refining economics in the US and Asia. Due to continued slo...
The Tanker Market- Apr 09
Austria >> 4/15/2009 - According to preliminary data, OPEC spot fixtures declined sharply by 16% in March, compared to the previous month, to reach 10.57 mb/d, the lowest rate since July 2003. From the Middle East, spot fix...
Oil Trade - Apr 09
Austria >> 4/15/2009 - USA
According to official data, US crude oil imports increased in March to average 9.33 mb/d, about 3.4% or 303,000 b/d higher compared to the previous month, but 3% lower than a year ago....
Stock Movements - Apr 09
Austria >> 4/15/2009 - USA
Lower demand again pushed US commercial oil stocks moved against the seasonal trend in March to stand at 1,054 mb, resulting in a huge overhang of 86 mb with crude oil accounting for 4...
Balance of Supply and Demand - Apr 09
Austria >> 4/15/2009 -  Estimate for 2008
Demand for OPEC crude is estimated to average 30.8 mb/d, indicating a decline of 0.3 mb/d, following a slight downward revision from last month. On a quarterly basis, de...
Energulf Announces Financing To Raise up to $3.15 Million
United States >> 4/14/2009 - EnerGulf Resources Inc. Company is pleased to announce plans for a non-brokered private placement of up to 9 million units at a price of $0.35 per unit, to raise gross proceeds of up to $3,150,000.
Citic Resources Holdings Limited Announces Its Annual Results For 12 Months Ended 31 December 20
China >> 4/13/2009 - CITIC Resources Holdings Limited announced the annual results of the Company and its subsidiaries (the “Group”) for the 12 months ended 31 December 2008. ...
Lukoil Free Cash Flow Rose to the Record Of $3.8 Billion in 2008
Russia >> 4/7/2009 - LUKOIL publishes consolidated US GAAP financial accounts for 2008.
The Company’s operating cash flow increased by 31.5% to $14,312 million in 2008, despite global economic crisis and oi...
Victoria Oil & Gas Secures Funding Package for Approximately £5.7m
United Kingdom >> 4/2/2009 - Victoria Oil & Gas Plc, the AIM quoted oil and gas exploration company with assets in Cameroon and FSU is pleased to announce that it has raised £5.7 million by way of a SEDA facility and an equity pl...
Tethys Petroleum 2008 Annual Results
Kazakhstan >> 3/31/2009 - - Tethys Petroleum Limited today announced its Annual Results for the period ended December 31, 2008. The full Annual Results together with a Management Discussion & Analysis have been filed with the ...
Dana Petroleum Plc Preliminary Results for the Year Ended 31 December 2008
United Kingdom >> 3/30/2009 - Dana Petroleum, the independent oil and gas exploration and production company focused on growth through international exploration and the development of production in the North Sea and Egypt, is plea...
Korea's oil production in January 2009
South Korea >> 3/30/2009 - Korea's oil products production in January 2009 recorded 85.2 million barrels, 2.5 year on year percent increase. Though the domestic consumption and operating ratio decreased, products production in...
PGS Board Approves IFRS Financial Statements
Norway >> 3/27/2009 - The Board of Directors of Petroleum Geo-Services ASA ('PGS' or the 'Company') has approved the 2008 annual financial statements prepared in accordance with International Financial Reporting Standards(...

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