|Austria >> 9/14/2007 - Futures market volatility continued into August pressuring prices lower after a hike in July. While concern over gasoline and crude oil supplies amid refinery outages supported the bullishness in the ...|
|Austria >> 9/14/2007 - With the approaching end of the driving season, product markets were expected to sharply lose momentum over the last weeks and exert downward pressure on the entire petroleum complex. But due tocontin...|
|Yemen >> 9/11/2007 - Total SA and its partners plan to secure long-term loans for a $3.7 billion liquefied natural gas project in Yemen by March 2008, a year later than scheduled because of delays in securing gas supplies...|
|Saudi Arabia >> 9/6/2007 - Fujian Refining & Petrochemical Company Limited (FREP), the joint venture formed by Sinopec, Fujian Province, and subsidiaries of Saudi Aramco and ExxonMobil in March 2007, executed loan documentation...|
|Gabon >> 8/31/2007 - Net income in the first half of 2007 was down 2.8% to $184.1 million compared to first half of 2006, whereas the average selling price of Gabonese crude oil decreased by 3.5%.|
|Australia >> 8/27/2007 - WorleyParsons Limited announced a full year result for 2007 of $224.8 million, an increase of 61.6% over the $139.1 million net profit reported in 2006. The result was earned on aggregated revenue of ...|
|Nigeria >> 8/20/2007 - Equator Exploration Limited announces that, given the ongoing delays with the Bilabri project, the contract for the FPSO BW Peace with BW Endeavour Limited , held jointly with the operator and sole li...|
|Austria >> 8/14/2007 - The OPEC Reference Basket gained $4.98 or 7.5% in July to mark a new record high of $71.75/b. Supply disruption from West Africa, a draw on the US crude oil stocks and a strong outlook for the US econ...|
|Austria >> 8/14/2007 - Non-OPEC|
Forecast for 2007
Non-OPEC oil supply is expected to average 50.33 mb/d in 2007, an increase of 0.88 mb/d over the previous year and a net downward revision of 85,000 ...
|Austria >> 8/14/2007 - Counter-seasonal gasoline stock movements in the USA as a result of recovering domestic refinery runs and higher imports undermined the bullish momentum in product markets and exerted downward pressur...|
|Austria >> 8/14/2007 - Estimate for 2007|
The demand for OPEC crude in 2007 is forecast to average 31.00 mb/d, an increase of 0.1 mb/d over the previous year. On a quarterly basis, demand for OPEC crude is expect...
|Austria >> 8/14/2007 - OPEC Reference Basket|
The bullishness dominated into July on several factors including US crude oil stock declines, tight supply from West Africa and an early indication of a healthy US ec...
|Austria >> 8/14/2007 - The volatility in the futures market resumed on mixed weekly US petroleum data revealing a rise in crude oil stocks in late June while seasonal fuel stocks declined. While refineries were seen to boos...|
|Austria >> 8/14/2007 - Industrialised countries|
United States of America
The downside risks to the US outlook have increased during the past month casting doubts on the expectation of a gradual US ec...
|Austria >> 8/14/2007 - Following the increase seen in the last two months, OPEC spot fixtures continued the upward movement in July, rising more than 1%. July’s OPEC spot fixtures displayed the highest level since January, ...|
|Austria >> 8/14/2007 - OECD|
OECD crude oil imports increased in June by more than 1% from the previous month according to preliminary estimated data. Increased crude oil imports from Japan, South Korea, and the ...
|Austria >> 8/14/2007 - USA|
US total commercial oil stocks stood at 1,034.1 mb at the end of July, the highest level so far this year since end-January and 20 mb above the five-year average. The increase of 6.8 m...
|Austria >> 8/14/2007 - World oil demand in 2007|
World oil demand in July followed a typical summer seasonality trend. July oil demand grew the most in the USA, China, the Middle East, and other Asia, especially ...
|Austria >> 8/14/2007 - Over the last four weeks, prices for benchmark WTI crude oil have exhibited extreme volatility. On 31 July, the price of WTI surged to a record high of $78.16/b on news that US crude oil stocks had pl...|
|Austria >> 8/14/2007 - World oil demand for the first half of 2007 grew by slightly less than 1 mb/d or 1.1% y-o-y to average 85.05 mb/d. Winter was warm in the first half of 2007 in most of the northern hemisphere, which p...|