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Quarter Financial Highlights - Schlumberger 3Q Highlights
United States >> 10/20/2006 - Schlumberger Limited reported third-quarter 2006 operating revenue of $4.95 billion versus $4.69 billion in the second quarter of 2006 and $3.70 billion in the third quarter of 2005. Income from cont...
Libya Oil Co. Head: OPEC Would Cut Again In Dec If Needed
Libya >> 10/18/2006 - The Organization of Petroleum Exporting Countries stands ready to cut production again at its next meeting in December should market conditions warrant it, the head of Libya's national oil company Sho...
Oil Market Highlights - October 06
Austria >> 10/16/2006 - Estimates of Euro-zone GDP growth for 2006 have been revised up following higher industrial production growth in France and Germany. The GDP of the Euro-zone is forecast to grow by 2.3% in 2006. The ...
Oil market prospects: Re-focusing on fundamentals - October 06
Austria >> 10/16/2006 - For some time now, crude oil prices have been pointing to an oversupplied market. Over the last two months, the OPECReference Basket has fallen by nearly $19/b from a peak of $72.7/b on 8 August, the ...
Highlights of the World Economy - October 06
Austria >> 10/16/2006 - Industrialised countries
United States of America: The sharp reduction in energy costs is likely to boost consumer spending and economic activity in the fourth quarter despite continued we...
The Oil Futures Market - October 06
Austria >> 10/16/2006 - The downtrend for the Nymex WTI crude oil futures contracts continued into September from the previousmonth. With the Labor Day signaling the end of the driving season and no further developmentsin th...
World Oil Demand - October 06
Austria >> 10/16/2006 - World oil demand in 2006 is now estimated to average 84.2 mb/d, with a growth of 1.0 mb/d or1.2%. This represents a downward revision of 0.1 mb/d to world oil demand growth from the lastMOMR due to th...
World Oil Supply - October 06
Austria >> 10/16/2006 - Non-OPEC
Forecast for 2006
Non-OPEC oil supply is expected to average 51.3 mb/d in 2006, representing an increase of 1.1 mb/d over 2005 and a slight upward revision versus th...
Stock Movements - October 06
Austria >> 10/16/2006 - USA
Total commercial oil inventories in the USA rose by 22.0 mb or 0.7 mb/d to 1,088.7 mb in September, which was 7.6% and 10.0% higher than the year-ago level and the five-year average....
Balance of Supply and Demand - October 06
Austria >> 10/16/2006 - Estimate for 2006
The estimated demand for OPEC crude in 2006 is expected to average 28.7 mb/d. The demand for OPEC has been revised down 0.2 mb/d following lower expectations for demand...
Gazprom, Iran Discuss Oil And Gas Cooperation
Iran >> 9/28/2006 - The Gazprom Headquarters has hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Gholamreza Ansari, Ambassador Extraordinary and Plenipotentiary of Iran to...
US Sees Biggest Increase in Gas Reserves in 35 Years
United States >> 9/27/2006 - U.S. natural gas reserves grew by 6% in 2005, the largest annual increase in gas reserves in 35 years, according to a government report released Tuesday. The amount of onshore gas reserves for 2005 ha...
OPEC Sep Supply Seen Dn 400,000 B/D on Mo-Petrologistics
Saudi Arabia >> 9/22/2006 - Oil supplies from the Organization of Petroleum Exporting Countries fell 400,000 barrels a day on the month to 30.2 million b/d in September, according to preliminary figures from tanker tracker Petro...
Fatima Prospect, Block 22, Yemen to be drilled Mid-October
Austria >> 9/19/2006 - Mohammed Barkindo, acting secretary general of the Organization of Petroleum Exporting Countries, said that he believed the fundamentals of the oil market are out of balance, with above average crude ...
Iran, France to sign $2.7b gas deal
Iran >> 9/18/2006 - Despite the U.S. sanctions and business restriction on Iran, the coming Wednesday is to witness the inking of a finance agreement between National Iranian Oil Company (NIOC) and French Societe General...
Gulf of Guinea Oil Grp Moves Ahead; Has 5% of World Output
Guinea >> 9/18/2006 - A central and west African oil producer block responsible for some 5% of the world's daily production has finally become operational seven years after its inception. The Gulf of Guinea Commission comp...
OPEC Reassures Market of Adequate Supplies
Austria >> 9/18/2006 - 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...
Oil Market Highlights - Sep 06
Austria >> 9/15/2006 - Estimates of GDP growth for 2006 have been revised up following the strong performance of the first half of the year. Lower energy prices and steady growth in consumer incomes should moderate the e...
GDP growth and incremental oil demand - Sep 06
Austria >> 9/15/2006 - Changes in the rate of growth of real GDP are usually perceived to be the main driver of fluctuations in oil demand growth. However, the recent strong growth in global GDP has not been matched with co...
Highlights of the World Economy - Sep 06
Austria >> 9/15/2006 - Industrialised countries
United States of America
Dramatic revisions to labour cost data for the first quarter of this year call into question the expected slowdown in the...

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