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World Oil Supply - Sep 06
Austria >> 9/15/2006 - Non-OPEC
Forecast for 2006
Non-OPEC oil supply is expected to average 51.2 mb/d in 2006, representing an increase of 1.09 mb/d over 2005, broadly unchanged versus the last...
Stock Movements - Sep 06
Austria >> 9/15/2006 - USA
Total commercial oil stocks in the USA ended the month of August at 1,066.7 mb resulting in a build of 10.3 mb or 0.3 mb/d. This represented a cushion of 4.3% and 7.2% against the ye...
Balance of Supply and Demand - Sep 06
Austria >> 9/15/2006 - Estimate for 2006
The estimated demand for OPEC crude in 2006 is expected to average 28.9 mb/d. On a quarterly basis, the new forecast shows that demand for OPEC crude is expected at 29....
UK Press: Iraqi Political Parties Reach Oil Revenue Pact
Iraq >> 8/30/2006 - Iraq's main political factions have hammered out an agreement on the sharing of oil and gas revenues but other contentious issues need to be resolved before a draft hydrocarbon law is completed, the F...
Iran, Norway Discuss Cooperation in Oil, Gas fields
Iran >> 8/23/2006 - Iran's Deputy Oil Minister in International Affairs Hadi Nejad-Hosseinian and the Norwegian Minister of Petroleum and Energy Odd Roger Enoxen surveyed paths for bilateral cooperation in oil and gas fi...
ExxonMobil CEO: World Has Decades of "Sufficient" Oil
United States >> 8/22/2006 - The world will have adequate crude oil supplies in the decades to come as developments in technology push back the frontiers of oil exploration and production, said Rex Tillerson, the chairman and chi...
Oil Market Highlights - August 06
Austria >> 8/16/2006 - Second quarter GDP data confirmed a reduction in the growth rate of the world economy despite a significant improvement in the Euro-zone. GDP in the Euro-zone and in Germany grew by 3.6% in the sec...
Recent developments in crude and gasoline prices - August 06
Austria >> 8/16/2006 - The relationship between crude prices and product prices appears to have diverged over the last two years as gasoline prices have exhibited greater volatility and a larger increase in price level ...
OPEC reassures market of adequate supplies - August 06
Austria >> 8/16/2006 - OPEC has noted the loss of crude oil output with the partial closure of British Petroleum’s 400,000 b/d Prudhoe Bay oilfield in Alaska and the immediate market reaction arising therefrom. Unfortunatel...
Highlights of the World Economy - August 06
Austria >> 8/16/2006 - Industrialised countries
United States of America
As expected US GDP rose by only 2.5% in the second quarter, a significant deceleration from the rapid 5.6% achieved in the f...
The Oil Futures Market - August 06
Austria >> 8/16/2006 - Futures oil prices surged in July peaking just over $77/b on escalating geopolitical tensions, and rosy economic growth spurred demand for gasoline. In the first weekly period, the CFTC reported that ...
World Oil Demand - August 06
Austria >> 8/16/2006 - Estimate for 2005
Global oil demand in 2005 is estimated to grow by 1 mb/d or 1.2% to average 83.2 mb/d, unchanged from the previous growth assessment in the last MOMR. OECD oil demand g...
World Oil Supply - August 06
Austria >> 8/16/2006 - Non-OPEC
Forecast for 2006
In 2006, non-OPEC oil supply is expected to average 51.1 mb/d, representing an increase of 1.1 mb/d over 2005, but a downward revision of 234,000 b...
Stock Movements - August 06
Austria >> 8/16/2006 - USA
US commercial oil stocks experienced a build of 11.6 mb or 0.4 mb/d to reach 1,056.4 mb in July, representing a respective gain of 1.1% and 4.9% over a year ago and the five-year ...
Balance of Supply and Demand - August 06
Austria >> 8/16/2006 - Estimate for 2006
The estimated demand for OPEC crude in 2006 is expected to average 29.1 mb/d, representing an upward revision of 0.2 mb/d versus last month. On a quarterly basis, th...
RasGas, Petronet LNG Sign Sales Agreement
Qatar >> 8/8/2006 - Ras Laffan Liquefied Natural Gas Company Limited II (RasGas II) has plans to implement sale of 2.5 million tonnes per year (mtpa) of liquefied natural gas (LNG) to India’s Petronet LNG to complete a 7...
LUKOIL and Sonatrach Signed MOU
Algeria >> 8/4/2006 - OAO LUKOIL and Sonatrach signed Memorandum of Understanding in Moscow. The Memorandum deals with issues of mutual cooperation in the area of exploration and oil-gas field development, petroleum refini...
International Oil Firms Ready to Invest in Iraq
Iran >> 7/31/2006 - International oil companies have shown "serious willingness" to help develop Iraq's oil industry, the country's oil minister said on Sunday after a trip to the United States.

Speaking befor...
US Energy Challenges
United States >> 7/28/2006 - The US economy continue to see sharp increases in the price of gasoline and diesel fuel. These increases are caused by the fundamental forces of supply and demand – tight world markets for high-priced...
Al-Naimi Receives Nigerian Minister of State for Pertroleum Affairs
Saudi Arabia >> 7/23/2006 - Minister of Petroleum & Mineral Resources Ali Ibrahim Al-Naimi received in Taif today Nigerian Minister of State for Petroleum Affairs Dr.Edmund Docorro who is visiting Saudi Arabia as part of a curre...

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