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OPEC Will Mull Meeting If Oil Price Stays Weak
United States >> 1/5/2007 - A spokesman for the Organization of Petroleum Exporting Countries said Thursday the oil producing group hasn't yet discussed holding an emergency meeting in the wake of this week's sharp fall in oil p...
Oil Market Highlights - Dec 06
Austria >> 12/18/2006 - 2006 has been a good year for the global economy. World GDP is estimated to have grown by over 5% and all majorregions have participated in this expansion. The recovery of the European economies, espe...
Review of the oil market in 2006, outlook for 2007 - Dec 06
Austria >> 12/18/2006 - The current year is likely to be remembered for strong upward price trends, with prices touching previously unchartered nominalheights, albeit far behind the absolute real peaks reached in 1980. It wa...
Joint statement of the OPEC-EU workshop - Dec 06
Austria >> 12/18/2006 - The Organization of the Petroleum Exporting Countries (OPEC) and the European Union(EU) today concluded a two-day Joint Workshop on the Impact of Financial Markets onthe Price of Oil. The event was co...
Highlights of the World Economy - Dec 06
Austria >> 12/18/2006 - Industrialised countries-USA
Revisions to third-quarter data raised the estimate of US GDP growth to 2.2% from 1.6%. The upward revision reflects stronger equipment and software spending a...
The Oil Futures Market - Dec 06
Austria >> 12/18/2006 - The futures market emerged on a weaker note amid the resumption of supply from Nigeria as Shell revamped 47,000 b/d and as winter fuel stocks far exceeded the previous year. Nonetheless, potential sup...
Balance of Supply and Demand - Dec 06
Austria >> 12/18/2006 - Estimate for 2006
The estimated demand for OPEC crude in 2006 is expected to average 28.9 mb/d. On a quarterlybasis, the new forecast shows that demand for OPEC crude is expected at 29.8 m...
Stock Movements - Dec 6
Austria >> 12/18/2006 - USA: Total commercial oil inventories in the USA ended the month at 1,044.8 mb, a drop of 18.9 mb from October, which left stocks almost at par with the year-ago level and 5% higher than the ...
Oil Trade - Dec 6
Austria >> 12/18/2006 - OECD: According to the preliminary estimated data, OECD monthly crude oil imports continued their downward trend decreasing a further 0.2 mb/d to average 31.0 mb/d in October. However, this d...
World Oil Supply - Dec 6
Austria >> 12/18/2006 - Forecast for 2006
Non-OPEC oil supply is expected to average 51.1 mb/d in 2006, representing an increase of 0.9 mb/d over 2005 and a slight downward revision versus the last assessment. Do...
World Oil Demand - Dec 6
Austria >> 12/18/2006 - World oil demand in 2005 is expected to average 83.3 mb/d, representing growth of 1.0 mb/d, unchanged from the last MOMR. World oil demand growth for 2006 is forecast to grow at a modest rate of 1.0 m...
The Economy: OPEC's Cut Aims to Prop Up Prices
Nigeria >> 12/15/2006 - OPEC, in announcing it plans to slice its output by an additional 1.9% starting Feb. 1, is sending a strong signal that it will try to prevent oil prices from sliding further. The real impact of the c...
Fuel Switching Take Edge Off U.S. Oil Demand
United States >> 12/14/2006 - A sharp drop in residual fuel oil use pushed overall U.S. oil demand down in November compared to year-ago levels though demand for other refined products remained buoyant, according to API, the natio...
API Monthly Statistical Report for November 2006
United States >> 12/13/2006 - SUMMARY: Total domestic petroleum deliveries for November were down from a year ago – but only because of a sharp decline for residual fuel oil. (”Deliveries” are a measure of demand.) Deliveries of t...
Belarus, Iran Work Out Plan on Oil Sector Cooperation
Iran >> 12/13/2006 - Belarus and Iran drafted Monday a joint action plan for oil sector cooperation, a spokesman for Belorusneft oil company said. "During an official visit by a Belarusian delegation to Iran, we prepared ...
Iraq Draft Oil Law Recommends Production Sharing Deals
Iran >> 12/6/2006 - Iraq's first postwar draft hydrocarbon law recommends the government sign production sharing deals and other service and buyback contracts to upgrade the country's war-ravaged oil industry.

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OPEC-EU Workshop on the Impact of Financial Markets on the Oil Price
Australia >> 12/5/2006 - The Organization of the Petroleum Exporting Countries (OPEC) and the European Union (EU) today concluded a two-day Joint Workshop on the Impact of Financial Markets on the Price of Oil. The event was ...
Commodities Report: Crude Is Poised to Extend Climb
United States >> 12/3/2006 - The rapid rise in the price of oil over the past week marks a turnaround in a bear market and points to potentially higher prices against a backdrop of shifting supply forces. Since dropping to a 17-m...
Libya Oil Head: Comfortable With Prices Around $61/Bbl
Libya >> 11/30/2006 - The head of Libya's oil policy, Shokri Ghanem, said that the republic had cut its oil production by the amount it agreed to during October's OPEC policy talks, adding he was now comfortable with crude...
Oil Market Highlights - Nov 06
Austria >> 11/15/2006 - For the second successive month estimates of Euro-zone GDP growth for 2006 have been revised up following reports ofstronger economic activity. This year the GDP of the Euro-zone is expected to grow b...

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