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Highlights of the World Economy - Aug 07
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...
The Tanker Market - Aug 07
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, ...
Oil Trade - Aug 07
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 ...
Stock Movements - Aug 07
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...
World Oil Demand - Aug 07
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 ...
Emerging uncertainties cloud outlook for oil demand - Aug 07
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...
World oil demand in the first half of 2007
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...
Yansab Announces The First Half Results Of 2007
Saudi Arabia >> 7/20/2007 - SABIC affiliate Yanbu National Petrochemical Company (YANSAB) announced non-operating net loss of SR 9.3 million for the Q2 2007 compared to non-operating net profits of SR 37.1 million reported in th...
Sabic Announces US$3.4 Billion Profit In First Half Of 2007
Saudi Arabia >> 7/20/2007 - The Saudi Basic Industries Corporation (SABIC) reported a net profit of US$3.4 billion for the first half of 2007 compared to US$2.3 billion in the same period last year, an increase of 45%. The comp...
Balance of Supply and Demand - July 07
Austria >> 7/16/2007 - Estimate for 2007
The demand for OPEC crude in 2007 is forecast to average 30.78 mb/d. On a quarterly basis, the forecast shows that demand for OPEC crude was 31.18 mb/d, 30.02 mb/d, 30.79...
Oil Market Highlights - July 07
Austria >> 7/16/2007 - The OPEC Reference Basket in June rose $2.41 or almost 4% to close at $66.77/b. Concern over gasoline supply dominated market bullishness, with geopolitical concerns and refinery glitches providing fu...
World Oil Demand - July 07
Austria >> 7/16/2007 - World oil demand in 2007
World oil demand in June followed the expected low seasonality trend. June world oil demand growth was attributed mainly to the developing countries. With the stro...
World Oil Supply - July 07
Austria >> 7/16/2007 - Non-OPEC
Forecast for 2007
Non-OPEC oil supply is expected to average 50.42 mb/d in 2007, an increase of 0.95 mb/d over 2006 and a net downward revision of 191,000 b/d versus t...
Crude Oil Price Movements - July 07
Austria >> 7/16/2007 - OPEC Reference Basket
In June, the market emerged on a bullish note amid uncertainty over supply from West Africa and crude oil stock-draws in the USA. Furthermore, gasoline supply was tig...
The Oil Futures Market - July 07
Austria >> 7/16/2007 - Oil futures were dominated by a bullish market during most of June with geopolitics and gasoline in the lead. The Nymex WTI front-month contract closed the first weekly period at $65.61/b for a gain o...
Highlights of the World Economy - July 07
Austria >> 7/16/2007 - Industrialised countries, USA
Further evidence was provided in June that the US economy probably rebounded in the second quarter of 2007 from the very weak performance during the first qua...
Product Markets and Refinery Operations - July 07
Austria >> 7/16/2007 - Lower than expected gasoline stockbuilds in the USA in June have provided further support for productand crude prices over the last couple of weeks. However, skyrocketing crude prices have overwhelmed...
The Tanker Market - July 07
Austria >> 7/16/2007 - In June, estimated OPEC spot fixtures showed an increase of nearly 8.3% to reach the highest level since February 2007, while global fixtures increased around 5%. This second consecutive gain in OPEC ...
Oil Trade - July 07
Austria >> 7/16/2007 - Preliminary data show that OECD crude oil imports in May increased by around 1% from the previous month, but remained 3.6% below last year. The gain came as refiners in most OECD regions prepared for ...
Stock Movements - July 07
Austria >> 7/16/2007 - US total commercial oil stocks increased a further 20 mb in June to stand at 1,027 mb, the highest level since January. US commercial stocks rose 50 mb since end-February, due to the increase in both ...

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