|Austria >> 12/16/2008 - With the approach of the winter season, the bearish sentiment of the product market was expected to mitigate and to provide support for product prices and refiningeconomics. But the continued deterior...|
|Austria >> 12/16/2008 - During November and December, the tanker market is usually strongly influenced by seasonal considerations rather than supply and demand. This year, however, the influence of the seasonal factors has c...|
|Austria >> 12/16/2008 - OECD
OECD crude oil imports in September averaged 28.62 mb/d, indicating a decline of 1.75 mb/d or 5.7% compared to the previous month according to the latest published data. September crud...|
|Austria >> 12/16/2008 - USA|
US commercial oil stocks surged 16 mb in November to reach 1,014 mb, their highest level since September 2007. The build was shared to some extent between crude oil and products.
|Austria >> 12/16/2008 - Estimate for 2008|
The supply/demand balance for 2008 has been revised down to reflect lower demand and lower supply expectations. The demand for OPEC crude in 2008 is now forecast at 31.63...
|Austria >> 12/16/2008 - Initial expectations of a brief and contained financial crisis following the onset of the US subprime crisis have proven to be overly optimistic. In 2008, the foundations of the world financial system...|
|Russia >> 12/11/2008 - LUKOIL publishes consolidated US GAAP financial accounts for the first nine months of 2008. LUKOIL net income reached $10,765 million in the first nine months of 2008, which is an increase of 70.9% y-...|
|Russia >> 12/1/2008 - Rosneft today reported its US GAAP consolidated financial results for Q3 and 9M 2008. In Q3 2008, Rosneft’s EBITDA increased by 31.4% to USD 5,326 mln from USD 4,054 mln in Q3 2007. In 9M 2008, Rosnef...|
|Austria >> 11/17/2008 - The OPEC Reference Basket continued to fall in October. The financial crisis dominated market sentiment as the economic slowdown dented petroleum demand growth. Uncertainty about bailout plans in the ...|
|Austria >> 11/17/2008 - Crude oil prices have fallen sharply since mid-July. Among the factors behind the sharp decline in prices have been the steady slowdown in the OECD economies, weakening oil demand growth and the stren...|
|Austria >> 11/17/2008 - OPEC Reference Basket|
The petroleum market emerged in October reacting uncertainly to the US financial bailout plan. Ample crude oil supply added to the market bearishness. The weaker econ...
|Austria >> 11/17/2008 - The crude oil futures continued to plummet in New York on the weak economy and fluctuation of the US dollar. Bearish petroleum data in the US the week before added to the market downturn. Weak economy...|
|Austria >> 11/17/2008 - Trends in selected commodity markets|
Commodity prices plummeted in October across the board due to the speed and extent of the global economic deterioration and despite the adoption of an ...
|Austria >> 11/17/2008 - Industrialised countries|
United States of America
Recent economic data indicate that the US economy may be sliding into recession as deteriorating financial conditions increasingly im...
|Austria >> 11/17/2008 - World oil demand in 2009|
Oil demand growth will be boosted mainly by non-OECD countries, particularly the Middle East, Asia, and China. Deteriorating economies in OECD countries are estima...
|Austria >> 11/17/2008 - Non-OPEC|
Forecast for 2008
Non-OPEC supply is expected to average 49.65 mb/d in 2008, an increase of 0.22 mb/d over 2007 and a downward revision of 92 tb/d from the previous assessmen...
|Austria >> 11/17/2008 - Upon completion of refinery maintenance and resumption of normal operation by refineries, particularly in the US following hurricane disruptions along the US Gulf Coast, product market sentiment chang...|
|Austria >> 11/17/2008 - According to preliminary data, OPEC spot fixtures increased by 2.4% in October compared to the previous month to reach 12.09 mb/d. The increase was mainly due to higher OPEC fixtures outside the Middl...|
|Austria >> 11/17/2008 - OECD|
OECD crude oil imports in August averaged 30.37 mb/d indicating a decline of 358,000 b/d or 1.2% compared to the previous month, according to preliminary data. August crude oil import...
|Austria >> 11/17/2008 - USA|
US commercial oil inventories recovered from a low level in September after having lost 44 mb due to hurricanes. Stocks raised by nearly 39 mb in October, offsetting to some extent the...