|China >> 8/27/2008 - PetroChina announced that the Company recorded consolidated net profit attributable to equity holders of the Company of RMB53.62 billion for the six months ended 30 June 2008, representing a decrease ...|
|India >> 8/26/2008 - ONGC Videsh Ltd. (OVL), the wholly-owned subsidiary of Oil and Natural Gas Corporation Ltd. (ONGC), announced that OVL and Imperial Energy Corporation have reached an agreement on the terms of recomme...|
|Austria >> 8/15/2008 - The OPEC Reference Basket rose $2.89/b or 2% in July to set a new monthly high of $131.22/b. In daily terms, the Basket jumped sharply higher in the first days of the month to peaking at $140.73 on 4 ...|
|Austria >> 8/15/2008 - Non-OPEC|
Forecast for 2008
Non-OPEC supply growth is expected to stand at 0.58 mb/d, steady from last month’s assessment. Emerged production data indicate that non-OPEC supply ...
|Austria >> 8/15/2008 - World oil demand in 2009|
World oil demand is forecast to grow by 0.9 mb/d in 2009, averaging 87.80 mb/d, unchanged from last month’s forecast. Non-OECD oil demand growth of 1.2 mb/d will a...
|Austria >> 8/15/2008 - Estimate for 2008|
Demand for OPEC crude in 2008 is expected to average 32.05 mb/d, a decline of 110 tb/d over the previous year. On a quarterly basis, demand for OPEC crude is estimated to...
|Austria >> 8/15/2008 - OPEC Reference Basket|
The crude oil market kicked off the month on a strong note amid a weakening US dollar while geopolitical tensions continued to escalate. The OPEC Reference Basket ave...
|Austria >> 8/15/2008 - The petroleum complex emerged the month on a strong bullish trend. A draw on the US crude oil stocks, the weak dollar exchange rate and escalating geopolitical tensions in the Mideast were the main dr...|
|Austria >> 8/15/2008 - Industrialised countries|
United States of America
The US grew at a 1.9% annualised rate in Q208, buoyed by the fiscal stimulus. However, the outlook for the second half of this...
|Austria >> 8/15/2008 - Deteriorating demand in the OECD countries, particularly in the US along with costly crude oil significantly undermined refining economics across the world in July. The current sentiment in the produc...|
|Austria >> 8/15/2008 - OPEC spot fixtures were almost steady in July compared to the previous month, increasing by less than 1% to reach 14.0 mb/d, according to preliminary data. The slight rise was supported mainly by the ...|
|Austria >> 8/15/2008 - OECD|
OECD crude oil imports in June increased for the second consecutive month by about 148,000 b/d or 0.5% compared to the previous month, averaging 29.84 mb/d. June crude oil imports wer...
|Austria >> 8/15/2008 - USA|
In July, US total commercial oil stocks continued their upward trend and increased a further 13.2 mb, which corresponds to almost double the typical seasonal build. However, despite th...
|Austria >> 8/15/2008 - Trends in selected commodity markets|
A downward trend was imposed on most commodity markets in July month-on-month (m-o-m) regardless of the specific conditions of each market. The IMF com...
|Austria >> 8/15/2008 - Since reaching record highs in the first half of July, crude oil prices have fallen sharply with the OPEC Reference Basket declining more than $31/b by the second week of August. In line with this dev...|
|Canada >> 8/14/2008 - Candax Energy reported a profit of $2.8 million ($0.02 per common share) for the three months ended June 30, 2008, compared to a loss of $4.5 million ($0.03 per common share) for the three months ende...|
|United Arab Emirates >> 8/14/2008 - Dana Gas announced quarterly results to June 30, 2008, posting revenue from oil and gas production of AED 309 million, a 28 percent increase over the same period last year. EBITDA (Earnings before Int...|
|United Arab Emirates >> 8/7/2008 - Key highlights of the results for the first six months of 2008:|
Net profit (after minority interests) for the first six months of 2008 grew 249% to AED 869 million, compared with AED 249 m...
|United States >> 8/6/2008 - Devon Energy Corporation reported net earnings for the quarter ended June 30, 2008, of $1.3 billion, or $2.91 per common share ($2.88 per diluted common share). This is a 44 percent increase compared ...|
|United States >> 8/6/2008 - Transocean reported net income for the three months ended June 30, 2008 of $1.107 billion, or $3.45 per diluted share, compared to net income of $549 million, or $2.63 per diluted share for the three ...|