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Oil Trade - July 08
Austria >> 7/15/2008 - OECD
OECD crude oil imports increased by about 150,000 b/d or 0.5% in May compared to the previous month, averaging 30.55 mb/d according to preliminary data. May crude oil imports were abo...
Stock Movements - July 08
Austria >> 7/15/2008 - USA
US total commercial oil stocks rose 6.6 mb in June to 975 mb to remain within the lower end of the five-year range. The gap with the five-year average increased from 4 mb in April to m...
Product Markets and Refinery Operations - July 08
Austria >> 7/15/2008 - Slowing demand for gasoline particularly in the US, combined with the easing circumstances of distillate markets and costly crude, exerted pressure on refining economics across the world. The continua...
The Tanker Market - July 08
Austria >> 7/15/2008 - Contrary to last month, both global and OPEC spot fixtures increased in June according to preliminary data. Global spot fixtures increased by 9% compared to the previous month to stand at 21.71 mb/d. ...
Highlights of the World Economy - July 08
Austria >> 7/15/2008 - Industrialised countries
United States of America
After a better-than expected performance in the first two quarters of 2008, prospects in 2H08 are clouded by continued contrac...
World Oil Supply - July 08
Austria >> 7/15/2008 - Non-OPEC
Forecast for 2008
Non-OPEC supply in 2008 is expected to increase by 0.58 mb/d over the previous year to reach 50.02 mb/d, revised down by 0.11 mb/d from last month’s ...
Consensus points to easing fundamentals in 2009
Austria >> 7/15/2008 - The review of next year comes at a time of record oil prices while market fundamentals have clearly been softening. This trend in fundamentals is expected to continue — and even gather pace — into the...
Commodity Markets - July 08
Austria >> 7/15/2008 - Trends in selected commodity markets
The IMF commodity index reported a deceleration month-on-month (m-o-m) in June, rising by 5.7% to represent a decline of 2% points from the previous mo...
Balance of Supply and Demand - July 08
Austria >> 7/15/2008 - Estimate for 2008
Demand for OPEC crude in 2008 is expected to average 31.95 mb/d, representing a decline of 90 tb/d over the previous year. On a quarterly basis, demand for OPEC crude is ...
Sipchem Realizes SR 365 Million In Net Profits During The First Half of 2008
Saudi Arabia >> 7/6/2008 - Saudi International Petrochemical Company (Sipchem) announced the financial results for the first half of the fiscal year 2008. During this period, Sipchem realized SR 365 million in net profits marki...
BG Group Announces A$13.8 Billion Takeover Bid for Origin Energy
Australia >> 6/24/2008 - BG Group plc announced its intention to acquire all of the issued shares in Origin Energy Limited at A$15.50 cash per share by way of a formal off-market takeover bid. The all-cash bid capitalises Ori...
Kosmos Energy Announces $500 Million Equity Funding
Ghana >> 6/19/2008 - Kosmos Energy announced that the company has secured an additional $500 million equity funding program led by Warburg Pincus and Blackstone Capital Partners (an affiliate of The Blackstone Group), two...
Horizon Oil Acquires Additional Interests in PRL 4 and PRL 5, Papua New Guinea
Papua-New Guinea >> 6/19/2008 - Horizon Oil advised that InterOil Corporation has agreed to sell its 43.130% interest in PRL 4, which contains the Stanley gas/condensate discovery, and its 28.576% interest in PRL 5, which contains t...
Sakhalin Energy secures $5.3 billion in largest Russian project finance deal
Russia >> 6/16/2008 - Sakhalin Energy Investment Company Ltd., the Japan Bank for International Cooperation (JBIC) and a consortium of international commercial banks signed a project finance contract for Phase 2 of the wor...
Stock Movements - June 08
Austria >> 6/13/2008 - USA
US total commercial oil stocks did not follow their seasonal start since the beginning of the year and remained almost stable in May to move below the five-year average for the first t...
Oil Trade - June 08
Austria >> 6/13/2008 - OECD
OECD crude oil imports fell by a margin of 116,000 b/d or 0.38% in April compared to the previous month, reaching 30.28 mb/d according to preliminary data. April crude oil imports ind...
Commodity Markets - June 08
Austria >> 6/13/2008 - Trends in selected commodity markets
According to the IMF the total commodity index increased by 7.4% in May m-o-m, which was entirely due to the rally seen in the crude oil and natural ga...
Oil market outlook for second half of 2008
Austria >> 6/13/2008 - Oil prices experienced a record jump of nearly $11/b on 6 June to reach a new all-time high of almost $140/b, driven upward by speculative pressure and geopolitical concerns. This large increase came ...
Oil Market Highlights - June 08
Austria >> 6/13/2008 - Market volatility was dominated by a number a factors in May, primarily speculative pressure, fluctuations in the US dollar and geopolitical concerns. A strike by port workers in France disrupting pet...
World Oil Demand - June 08
Austria >> 6/13/2008 - World oil demand in 2008
Consumption of winter products declined in the first quarter in the OECD as a result of the below normal winter temperatures. In addition, in the OECD, especially ...

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