|United States >> 10/24/2007 - Occidental Petroleum Corporation announced net income of $1.324 billion ($1.58 per diluted share) for the third quarter of 2007, compared with $1.170 billion ($1.36 per diluted share) for the third qu...|
|Saudi Arabia >> 10/23/2007 - The Saudi Basic Industries Corporation (SABIC) has reported a net profit of SAR 20.2 billion for the first nine months of 2007, an increase of 42 percent, compared to the SAR 14.2 billion net profit i...|
|United States >> 10/22/2007 - U.S. drilling estimates for the third quarter of 2007 are at twice the level of third quarter drilling activity recorded during the 1990s and the first nine months of U.S. drilling estimates haven’t b...|
|United States >> 10/21/2007 - Halliburton announced that net income for the third quarter of 2007 was $727 million, or $0.79 per diluted share. This compares to net income of $611 million, or $0.58 per diluted share, in the third ...|
|Austria >> 10/15/2007 - World oil demand in 2007|
The third quarter is normally a low season for world oil demand, especially in the OECD. Transport fuel is consumed the most in the OECD in that quarter. However, ...
|Austria >> 10/15/2007 - Non-OPEC |
Forecast for 2007
Non-OPEC supply in 2007 is expected to increase by around 0.81 mb/d over the previous year to reach 50.29 mb/d which represents a minor downward r...
|Austria >> 10/15/2007 - Estimate for 2007|
The demand for OPEC crude in 2007 is expected to average 31.07 mb/d, an increase of 139,000 b/d over the previous year. On a quarterly basis, demand for OPEC crude is ex...
|Austria >> 10/15/2007 - In September, the OPEC Reference Basket resumed the upward trend on storms in the Gulf of Mexico and refinery outages, while the lowering of interest rates by the Federal Reserve supported market sent...|
|Austria >> 10/15/2007 - OPEC Reference Basket|
The market emerged in September on a bullish note amid a storm in the Caribbean Sea, refinery outages and uncertainty about OPEC’s decisions on output ahead of its Se...
|Austria >> 10/15/2007 - The petroleum market sustained the upward movement for most of September in spite of OPEC increasing output in November. Looming tropical storm and hurricanes in the Gulf of Mexico with some oil worke...|
|Austria >> 10/15/2007 - Industrialised countries|
United States of America
While serving to calm financial markets, the US interest rate cut in September has not eliminated the risks of an economic slo...
|Austria >> 10/15/2007 - USA|
Preliminary data showed that US total commercial oil stocks remained relatively stable in September after having dropped a substantial 23 mb in the previous month. At 1,021 mb, US comm...
|Austria >> 10/15/2007 - OECD|
According to preliminary estimated data, OECD crude oil imports remained steady in August compared to the previous month. Despite the decline in crude oil imports in the US, Japan, an...
|Austria >> 10/15/2007 - After having increased by around 7% in August, preliminary data show that OPEC spot fixtures fell in September by around 2% from the previous month. The decline in spot fixtures came on the back of lo...|
|Austria >> 10/15/2007 - Over the last few years, product markets experienced a sharp downward correction in September which exerted adverse pressure on the entire petroleum complex. However, this year this trend has been mut...|
|Austria >> 10/15/2007 - In recent years, oil prices have tended to ease with the end of the driving season and the start of the autumn refinery maintenance. This year, however, prices have exhibited unusual strength and high...|
|Russia >> 10/12/2007 - OAO Novatek reported preliminary production data for the third quarter and nine months 2007. Gross production for the third quarter totaled 6.01 billion cubic meters of natural gas and 631 thousand to...|
|United States >> 10/9/2007 - Chevron Corporation reported in its interim update for the third quarter 2007 that net income is expected to be significantly below the record $5.4 billion earned in the second quarter 2007. The lower...|
|Saudi Arabia >> 10/8/2007 - The Saudi International Petrochemical Company (Sipchem) announced the financial results for the first nine months of the current 2007 fiscal year. During this period, Sipchem realized SR 340 million c...|
|Austria >> 9/14/2007 - OPEC Reference Basket|
The OPEC Reference Basket has been revised to include Angola’s medium sweet Girassoal crude (30.8? API and 0.34% wt sulphur) as of 1 January 2007. As a result, prices...