|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...|
|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 ...|
|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...
|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)...|
|Gabon >> 5/14/2008 - Selling Price: The selling price of the Mandji and Rabi Light crude oil grades marketed by Total Gabon averaged $89.9 per barrel in the first quarter of 2008, up 68% from $53.6 a year earlier, in line...|
|Egypt >> 5/1/2008 - Apache Corporation reported first-quarter net income of $1.02 billion, or $3.03 per diluted common share, the company's second consecutive quarter with earnings over $1 billion and a 108-percent incre...|
|United States >> 5/1/2008 - For the three months ended March 31, 2008, Rowan Companies generated net income of $98.6 million or 88 cents per share, compared to $86.4 million or 77 cents per share in the first quarter of 2007 and...|
|United States >> 4/30/2008 - NATCO Group announced revenue for the first quarter 2008 of $152 million, an increase of 19% over first quarter 2007 revenue of $127.4 million. Net income available to common stockholders for the firs...|
|Netherlands/Holland >> 4/30/2008 - CB&I reported net income of $42.2 million, or $0.43 per diluted share, for the first quarter 2008, up 15% from first quarter 2007 net income of $36.6 million, or $0.38 per diluted share. Revenue for t...|
|China >> 4/28/2008 - CNOOC Limited announced its remarkable results for the first quarter in 2008. Within the period, it recorded a net production of 496,753 BOE per day with a year-on-year (YOY) increase of 5.0%. The Com...|
|United States >> 4/24/2008 - ConocoPhillips reported first-quarter net income of $4,139 million, or $2.62 per share. This compared with $3,546 million, or $2.12 per share, for the same quarter in 2007. Revenues were $54.9 billion...|
|United States >> 4/24/2008 - Occidental Petroleum Corporation announced net income of $1.846 billion ($2.23 per diluted share) for the first quarter of 2008, compared with $1.212 billion ($1.43 per diluted share) for the first qu...|
|Russia >> 4/22/2008 - Urals Energy Public Company Limited reported the sale of certain of its non-core assets in the Komi Republic. The Company is in the process of streamlining its portfolio to focus on its major assets i...|
|Saudi Arabia >> 4/20/2008 - Saudi Basic Industries Corporation (SABIC), reported first quarter 2008 (1Q08) profits of 6.92 billion Saudi Riyals, compared with 6.28 billion Saudi Riyals for the same period in 2007, an increase of...|
|United States >> 4/18/2008 - Honeywell announced first quarter 2008 sales increased 11% to $8.9 billion from $8.0 billion in 2007. Earnings were up 30% to $0.85 per share, versus $0.66 per share in the prior year. Cash flow from ...|
|Austria >> 4/15/2008 - US dollar weakness against major currencies inspired increased investment in the commodities market, particularly for crude, pushing prices to record levels. Concern that economic growth could dent oi...|
|Austria >> 4/15/2008 - World oil demand in 2007|
Mild weather in the OECD regions in the fourth quarter of last year dented oil demand. As a result, world oil demand growth in the fourth quarter is estimated at o...
|Austria >> 4/15/2008 - Non-OPEC|
Estimate for 2007
Non-OPEC supply in 2007 is estimated to have grown at 0.55 mb/d to reach 49.44 mb/d, representing a minor downward revision of 11 tb/d from last mont...
|Austria >> 4/15/2008 - Estimate for 2007|
Demand for OPEC crude in 2007 is estimated at 31.92 mb/d, an increase of 285 tb/d over the previous year. On a quarterly basis, demand for OPEC crude averaged 31.82 mb/d,...
|Austria >> 4/15/2008 - OPEC Reference Basket|
The weakening US dollar encouraged investment in energy markets in March, although softer economic data and tumbling equity markets implied lower oil demand growth. T...