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Angola joins OPEC: The new global oil supply picture - Jan 07
Austria >> 1/19/2007 - Angola’s oil industry has developed progressively since first oil was produced in the late 1950’s. Over the decades, theindustry has shifted from onshore to offshore operations, and more recently to d...
Highlights of the World Economy - Jan 07
Austria >> 1/19/2007 - Industrialised countries
United States of America
A recent spate of indicators has increased confidence in the overall resilience of the USeconomy, with improved employment and...
The Oil Futures Market - Jan 07
Austria >> 1/19/2007 - The oil futures market saw bullishmomentum early in the month;however, this was short-lived.According to the CFTC report, noncommercialsincreased net longpositions by 7,200 contracts to19,000 as short...
Oil Trade - Jan 07
Austria >> 1/19/2007 - OECD
Preliminary estimated data shows that OECD crude oil imports increased by around 0.2 mb/dor 0.6% to average 30.5 mb/d in November, driven mostly by non-US and Japanese crude oilimport...
Stock Movements - Jan 07
Austria >> 1/19/2007 - USA
Total commercial oil stocks in the USA witnessed a decline of 17.8 mb in December from theprevious month to stand at 1,027.10 mb, which was 1.4% and 4.9% above the year-ago leveland th...
Financial Highlights – Schlumberger full year and 4Q Highlights
United States >> 1/19/2007 - Schlumberger Limited reported 2006 operating revenue of $19.23 billion versus $14.31 billion in 2005. Income from continuing operations, before charges and credits, of $3.75 billion was 85% higher tha...
Iraqi Officials Finish Drafting Hydrocarbon Law
Iraq >> 1/18/2007 - Senior Iraqi officials have finished drafting a controversial hydrocarbons law that sets the legal framework for Iraq's oil wealth to be shared among Iraqis and will also allow foreign oil companies t...
Financial Highlights - Woodside 4Q Highlights
Australia >> 1/18/2007 - Annual Highlights
  • Record annual production for 2006 of 67.9 MMboe was 13.8% higher than that recorded in 2005 primarily due to achieving first production from the Chinguetti oil and En...
  • OPEC-10 Jan Output 800,000 B/D Over Goal-Petrologistics
    United Kingdom >> 1/17/2007 - Despite a sharp fall in crude prices, the ten members of OPEC who agreed to cut their output from October in an attempt to stem falling oil prices are expected to pump a hefty 800,000 barrels a day ov...
    Saudi Foreign Min Rejects Notion May Use Oil To Pressure Iran
    Saudi Arabia >> 1/17/2007 - Saudi Arabia's Foreign Minister Saud al-Faisal rejected the notion that Saudi Arabia might increase its oil output to lower prices and pressure Iran. "Saudi Arabia's policy is very clear in this," he ...
    OPEC Has Succeeded in Managing Oil Market
    Saudi Arabia >> 1/16/2007 - Saudi Arabia's Oil Minister Ali Naimi said Tuesday that OPEC didn't need to implement further cuts in its output, comments that contributed to further sharp falls in oil prices Tuesday.

    Oi...
    Iran, Venezuela urge OPEC output cuts to support prices
    Iran >> 1/15/2007 - Iran and Venezuela called here Saturday for new OPEC oil production cuts to support plunging world crude prices.
    "We agreed to coordinate our forces within OPEC," Venezuelan President Hugo Chavez s...
    White House: Iraq's Hydrocarbon Law Won't Nationalize Oil
    Iraq >> 1/14/2007 - Iraq's pending hydrocarbon law won't create a nationalized energy sector, White House spokesman Tony Snow said Friday, adding that American oil companies are likely to find business opportunities in t...
    Oil Mkt Unaffected as OPEC Mulls Further Action
    United Arab Emirates >> 1/9/2007 - Members of the Organization of Petroleum Exporting Countries have begun talks on the need for a further output cut in response to a 10% drop in oil prices since the start of the year, but oil traders ...
    Niger Delta Crisis Cost Nigeria $4.47B In 2006
    Nigeria >> 1/9/2007 - Nigeria lost $4.47 billion in oil revenue due to the crisis in the Niger Delta in 2006, Thisday newspaper reports Tuesday, citing the minister of finance. "Early in the second quarter of 2006, there w...
    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...

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