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The Oil Futures Market - June 08
Austria >> 6/13/2008 - Crude oil futures remained volatile in the first week of May amid the Fed’s Reserve interest rate cut which helped the US dollar to rebound against major currencies, yet a further potential rate was e...
Product Markets and Refinery Operations - June 08
Austria >> 6/13/2008 - The persistent escalation in crude oil prices overshadowed positive developments in the product markets and undermined refining margins in Europe and Asia. The continuation of such circumstances in th...
The Tanker Market - June 08
Austria >> 6/13/2008 - Global and OPEC spot fixtures decreased according to preliminary data, with global spot fixtures declining 2% to stand at 20.4 mb/d in May compared to the previous month. OPEC spot fixtures fell by 4%...
Lukoil net income rose by 143.5 in the first quarter of 2008
Russia >> 6/4/2008 - Lukoil net income reached $3,163 million in the first quarter of 2008, which is an increase of 143.5% y-o-y. EBITDA was $4,846 million, which is 99.3% higher y-o-y. Revenue from sales rose by 59.4%, t...
Dana Gas Revenues Grow 35%
United Arab Emirates >> 5/15/2008 - Dana Gas PJSC announced results for the quarter ended 31 March 2008, posting growing revenues from oil and gas production of AED 272 million, a 35% increase over the same period last year. EBITDA (Ear...
Oil Market Highlights - May 08
Austria >> 5/15/2008 - The OPEC Reference Basket reached a record high in April, increasing $6.13 or almost 7% over the previous month to average $105.20/b. Prices rose on geopolitical developments in the Middle East and su...
Lack of Refinery Flexibility Impacting Crude Oil Market - May 08
Austria >> 5/15/2008 - Since the beginning of the year, crude oil prices have surged, with WTI rising from around $99/b to set an all time high of more than $126/b in early May. The depreciation of the US dollar has played ...
World Oil Demand - May 08
Austria >> 5/15/2008 - World oil demand in 2008
As expected, world oil demand grew mostly in the non-OECD regions. OECD oil demand showed very weak behaviour, although winter products were in a higher demand acr...
World Oil Supply - May 08
Austria >> 5/15/2008 - Non-OPEC
Estimate for 2007
Non-OPEC supply in 2007 is estimated to have increased by 0.56 mb/d over the previous year to reach 49.43 mb/d, broadly unchanged from last month’s a...
Crude Oil Price Movements - May 08
Austria >> 5/15/2008 - OPEC Reference Basket
The market had a slow start in April as procurement softened. Iraq resumed production at its southern outlet after a pipeline disruption cut output nearly in half. Th...
The Oil Futures Market - May 08
Austria >> 5/15/2008 - The CFTC reported that in the first weekly period non-commercials on the Nymex reduced net positions by 6,800 lots to net longs of 47,100, the narrowest level in eight weeks. Nonetheless, open interes...
Product Markets and Refinery Operations - May 08
Austria >> 5/15/2008 - Gasoline stock-draws in the US along with the tight distillate markets in Europe and Asia supported the product market, lifting refining margins across the globe. The current sentiment of the product ...
The Tanker Market - May 08
Austria >> 5/15/2008 - OPEC spot fixtures increased 4% in April from the previous month. The rise occurred mainly in the second half of April, as May cargoes started to emerge. Strong tonnage demand from China and Korea was...
Oil Trade - May 08
Austria >> 5/15/2008 - OECD
OECD crude oil imports increased a marginal 174,000 b/d or 0.6% in March over the previous month to average about 30.2 mb/d, according to preliminary data. The increase is mainly attr...
Stock Movements - May 08
Austria >> 5/15/2008 - USA
Supported by crude oil, total US commercial oil stocks increased a further 2.6 mb in April to stand at around 973 mb, slightly above the average of the previous five years.

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Balance of Supply and Demand - May 08
Austria >> 5/15/2008 - Estimate for 2007
The demand for OPEC crude in 2007 is estimated to have averaged 31.96 mb/d, an increase of 283 tb/d over the previous year. On a quarterly basis, demand for OPEC crude av...
Highlights of the World Economy - May 08
Austria >> 5/15/2008 - Industrialised countries
United States of America
Recent economic data have lessened the negative sentiment prevalent in the first quarter leading to apperception that the US e...
Commodity Markets - May 08
Austria >> 5/15/2008 - Trends in selected commodity markets
The IMF commodity index reported slower growth of 4.7% in April month-on-month (m-o-m), essentially linked to the negative growth in the non-energy com...
Candax Reports 2008 Q1 Financial Results
Tunisia >> 5/15/2008 - Candax Energy reported a loss of $2.3 million ($(0.01) per common share) for the three months ended March 31, 2008, compared to a loss of $0.9 million ($(0.01) per common share) for the three months e...
DNO International Reports Strong First Quarter Results
Yemen >> 5/14/2008 - DNO International ASA announced its interim results for the first quarter 2008. DNO reported operating revenues of NOK 422 million (NOK 263 million) and a net profit of NOK 62 million (NOK 19 million)...

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