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Stock Movements - June 06
Austria >> 6/19/2006 - USA
After registering a draw in the previous month, US commercial oil stocks experienced a build of 22 mb in May to stand at 1,028.8 mb. This level was 2% higher than the year-ago level ...
Balance of Supply and Demand - June 06
Austria >> 6/19/2006 - Estimate for 2005
The estimated demand for OPEC crude in 2005 (a-b) remains unchanged at 28.9 m/d, representing an increase of 0.7 mb/d from the previous year when OPEC production aver...
API Monthly Statistical Report for May 2006
United States >> 6/14/2006 - Total petroleum deliveries slipped 0.8 percent in May compared with one year earlier, with a sharp decline for gasoline deliveries more than offsetting gains for distillate, jet fuel and residual fuel...
King Announces Jubail II Industrial City Plans
Saudi Arabia >> 6/14/2006 - The Custodian of the Two Holy Mosques King 'Abd Allah ibn 'Abd al-'Aziz visited the Eastern Province this week and kept a busy schedule that included the launching of more than $75 billion in industri...
Kuwait to sell concessionary oil to Bangladesh
Kuwait >> 6/12/2006 - Kuwait agreed Sunday to sell oil to Bangladesh on concessionary terms to help the impoverished country cope with soaring world prices, said Foreign Minister Morshed Khan. Under the agreement Banglades...
API: FTC Finds “No Instances Of Illegal Market Manipulation”
United States >> 5/22/2006 - The American Petroleum Institute today issued the following statement regarding a Federal Trade Commission’s report that found "no instances of illegal market manipulation" to influence gasoline price...
Oil Market Highlights - May 06
Austria >> 5/17/2006 - The recent pattern of global growth rates was maintained in the first quarter of 2006 with a strong performance from both the USA and China. The US economy grew by 4.8% following hurricane-related wea...
OPEC spare capacity and oil market developments
Austria >> 5/17/2006 - The surge in global economic activity over the last few years has led to increased demand for all commodities. The rise in demand for commodities such as copper, iron, and aluminum has been met by ris...
Highlights of the World Economy - May 06
Austria >> 5/17/2006 - United States of America
As expected, the US economy rebounded from the hurricane-affected final quarter of 2005 and recorded growth of 4.8% in the first quarter of this year. Nominal GDP ...
Crude Oil Price Movements - May 06
Austria >> 5/17/2006 - OPEC Reference Basket Rising geopolitical tensions kept jitteriness alive, sending the petroleum price to a new recordhigh The OPEC Reference Basket continued to be dominated by geopolitical issues fr...
Product Markets and Refinery Operations - May 06
Austria >> 5/17/2006 - Heavy refinery maintenance schedules in the USA and Asia, along with continued gasoline stock-draws in the USA and fear of a supply shortage during the driving season, have supported bullish product...
The Oil Futures Market - May 06
Austria >> 5/17/2006 - Crude oil futures saw a bullish note at the start of the month as the beginning of the new quarter aspired fund buying. Fears of a possible supply shortfall due to ongoing tensions in the geopolitica...
The Tanker Market - May 06
Austria >> 5/17/2006 - OPEC spot fixtures continued to increase for the second consecutive month to reach around 13.5 mb/d in April, 0.5 mb/d or 4% higher than the previous month. The increase in fixtures is attributed to ...
World Oil Demand - May 06
Austria >> 5/17/2006 - Estimate for 2005
Global oil demand in 2005 is estimated to have grown by 1 mb/d or 1.2%, no major change from last month's assessment. However, looking at the absolute historical data fo...
World Oil Supply - May 06
Austria >> 5/17/2006 - Non-OPEC
The estimate for 2005 remains unchanged. Non-OPEC supply averaged 50.1 mb/d, representing an increase of 0.2 mb/d over 2004. On a quarterly basis, the average was 50.4 mb/d, 50.6...
Rig Count - May 06
Austria >> 5/17/2006 - Non-OPEC
Non-OPEC rig count stood at 2,438 rigs in April, which represents a decrease of 353 rigs compared to the previous month. Of the total, 288 rigs were operating offshore and 2,150 ...
Oil Trade - May 06
Austria >> 5/17/2006 - OECD
Preliminary data shows that OECD crude oil imports increased a mere 18,000 b/d to reach 31.7 mb/d in April while product imports remained unchanged at 11 mb/d. With exports of both c...
Stock Movements - May 06
Austria >> 5/17/2006 - USA
A look at total US commercial oil stocks saw a slight decline in April of 0.8 mb to stand at 1,006.8 mb. The overall level remained around 2% and 6% above last year’s level and the fi...
Balance of Supply and Demand - May 06
Austria >> 5/17/2006 - Estimate for 2005
The estimated demand for OPEC crude in 2005 (a-b) has been revised up to 28.9 m/d, representing an increase of 0.7 mb/d from last year and a revision of 0.1 mb/d. In the ...
Iran Signs MOU to Build Oil Refinery in Indonesia
Indonesia >> 5/15/2006 - During the recent visit of the Iranian President Mahmud Ahmadinejad to Indonesia the two countries signed a memorandum of understanding (MoU) on Iran and Indonesia’s joint investment aimed at building...

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