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Occidental Petroleum Announces Record Third Quarter Core Results
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...
Sabic Announces SAR 20.2 Billion Net Profit for First Nine Months of 2007
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...
U.S. drilling & completion Q3 estimates at 22-year high – API
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...
Halliburton announces Third Quarter Earnings Of $0.79 Per Diluted Share
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 ...
World Oil Demand - Oct 07
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, ...
World Oil Supply - Oct 07
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...
Balance of Supply and Demand - Oct 07
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...
Oil Market Highlights - Oct 07
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...
Crude Oil Price Movements - Oct 07
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...
The Oil Futures Market - Oct 07
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...
Highlights of the World Economy - Oct 07
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...
Stock Movements - Oct 07
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...
Oil Trade - Oct 07
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...
The Tanker Market - Oct 07
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...
Product Markets and Refinery Operations - Oct 07
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...
Oil price developments challenge market expectations - Oct 07
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...
Novatek reports preliminary operating data for third quarter and nine months 2007
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...
Chevron Issues Interim Update For Third Quarter 2007
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...
Sipchem realizes SR 340 million in net profits at the close of the third quarter of this year
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...
Crude Oil Price Movements - Sep 07
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...

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