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World Oil Supply - Apr 08
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...
Balance of Supply and Demand - Apr 08
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,...
Crude Oil Price Movements - Apr 08
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...
The Oil Futures Market - Apr 08
Austria >> 4/15/2008 - Crude oil futures on the Nymex emerged on a bullish note in March. A fire at the natural gas pipeline at the Bacton terminal in Norfolk, England, triggered concern about heating fuel supplies amid a l...
Product Markets and Refinery Operations - Apr 08
Austria >> 4/15/2008 - Product stock-draws over the last few weeks along with refinery snags in the West and discretionary throughput cuts by refiners supported product markets and lifted product prices. However, crude oil ...
Stock Movements - Apr 08
Austria >> 4/15/2008 - USA
US commercial oil stocks dropped a further 7.2 mb in March to just below 970 mb but remained a comfortable 18 mb above the five-year average for the corresponding month. The draw was a...
Oil Trade - Apr 08
Austria >> 4/15/2008 - OECD
Preliminary data show that OECD crude oil imports declined in February by around 3% to reach 30.6 mb/d from the previous month. The decline came from a drop in crude oil imports in Ja...
The Tanker Market - Apr 08
Austria >> 4/15/2008 - OPEC spot fixtures decreased sharply in March to reach the lowest level since October 2007, according to preliminary data. The decline of around 8% came mainly on the back of refiners reducing crude o...
Highlights of the World Economy - Apr 08
Austria >> 4/15/2008 - Industrialised countries
United States of America
In the US, recession in the first half of the year appears to be very likely on continued weakness in labour markets, with a f...
Recent Crude Oil Price Volatility - Apr 08
Austria >> 4/15/2008 - Last month, crude oil prices exhibited exceptional volatility. After dipping to $99.50/b on 4 March, benchmark WTI rose over $10/b to reach $110/b on 13 March. Then, over the next ten days, prices fel...
Lukoil net income rose by 27.1% in 2007
Russia >> 4/10/2008 - Lukoil net income reached a record of $9,511 million in 2007, which is an increase of 27.1% y-o-y. Ebitda was $15,388 million, which is 25.1% higher y-o-y. Revenue from sales rose by 21.0%, to $81,891...
Sipchem Realizes 232 Million Saudi Riyals in Net Profits for the First Quarter of 2008
Saudi Arabia >> 4/9/2008 - Saudi International Petrochemical Company (Sipchem) announced the preliminary financial results for the first quarter of 2008. During this period, Sipchem realized SR 232 million in net profits or 54....
Marathon Oil Corporation Provides First Quarter 2008 Interim Update
United States >> 4/8/2008 - Marathon Oil Corporation provided information on market factors and operating conditions that occurred during the first quarter of 2008 that could impact the Company's quarterly financial results. The...
CNOOC Ltd.’s Net Income Hit New High and Net Production Exceeded Expectations
China >> 3/27/2008 - CNOOC Limited announced its annual results for the 12 months ended December 31, 2007. Last year, our total revenues, net profits and net production all increased steadily. The total revenue of the Com...
Bechtel Announces Record 2007 Business Results
United States >> 3/19/2008 - Bechtel Corporation announced revenue of $27 billion in 2007, a 32 percent increase from 2006, and $34.1 billion in new work booked, a 38 percent increase from 2006. It was the fifth straight record y...
Total Gabon Announces Financial Results for Fiscal Year 2007
Gabon >> 3/14/2008 - The Board of Directors of Total Gabon, chaired by Jean Privey, met on March 14, 2008 and approved the final accounts for the year ending December 31, 2007. Net income in 2007 increased 2.5% to $334.4 ...
Oil Market Highlights - Mar 08
Austria >> 3/14/2008 - The OPEC Reference Basket averaged $90.64/b in February, representing a gain of $2.29 or 2.59% over the previous month. Prices were pushed higher by US dollar weakness, which encouraged the continued ...
World Oil Demand - Mar 08
Austria >> 3/14/2008 - World oil demand in 2007
Mild weather in the OECD regions dented oil demand in the last quarter; hence, fourth-quarter oil demand growth in OECD was revised down by 0.2 mb/d. Latin American ...
World Oil Supply - Mar 08
Austria >> 3/14/2008 - Non-OPEC
Estimate for 2007
Non-OPEC supply is estimated to have increased around 0.56 mb/d in 2007 to reach 49.46 mb/d broadly unchanged from last month’s assessment. Downward ...
Balance of Supply and Demand - Mar 08
Austria >> 3/14/2008 - Estimate for 2007
The demand for OPEC crude in 2007 is estimated to average 31.91 mb/d, an increase of 292 tb/d over the previous year. On a quarterly basis, demand for OPEC crude averaged...

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