|Austria >> 1/22/2008 - World oil demand in 2007|
Cold weather is increasing oil demand in the Northern Hemisphere. Data show that temperatures in North America and Europe were colder than normal last December. Co...
|Austria >> 1/22/2008 - Non-OPEC|
Forecast for 2007
Non-OPEC supply is estimated to increase by around 0.64 mb/d over the upwardly revised figure of 2006 to reach a level of 49.55 mb/d which represents...
|Austria >> 1/22/2008 - Estimate for 2007|
The demand for OPEC crude in 2007 is estimated to average 31.82 mb/d, an increase of 224 tb/d over the 2006 figure. On a quarterly basis, demand for OPEC crude is expecte...
|Austria >> 1/22/2008 - In monthly terms, the OPEC Reference Basket averaged $1.80 or 2% lower to stand at $87.19/b in December as weaker economic growth was seen denting demand into the New Year and speculative pressure eas...|
|Austria >> 1/22/2008 - OPEC Reference Basket|
The Basket continued to soften in the early part of December on the outlook of softening incremental demand amid speculations over higher OPEC output. Easing geopolit...
|Austria >> 1/22/2008 - The oil futures market emerged in December on a weaker note amid recovery in the US dollar against major currencies and expectations of higher OPEC output during the meeting in Abu Dhabi. Positive geo...|
|Saudi Arabia >> 1/20/2008 - Sabic affiliate, the Yanbu National Petrochemical Company (Yansab) reported net pre-operating profits of SAR 94.4 million for the first fiscal year beginning February 11, 2006 and ending December 31, ...|
|Saudi Arabia >> 1/19/2008 - Saudi International Petrochemical Company (Sipchem) announced its preliminary financial results for the fiscal year ending on 31st. of December 2007. During this period, Sipchem realized SR 594 millio...|
|Saudi Arabia >> 1/15/2008 - SABIC affiliate, the Saudi Arabian Fertilizer Company (SAFCO) reported its highest-ever profits for its operations during 2007, amounting to SAR 2.2 billion compared to SAR 1.15 billion in 2006, an i...|
|United States >> 1/9/2008 - Marathon Oil Corporation provided information on market factors and operating conditions that occurred during the fourth quarter of 2007 that could impact the Company's quarterly financial results. Th...|
|Egypt >> 1/6/2008 - Dana Gas has announced an exit rate of 32 thousand barrels of oil per day equivalent for 2007, exceeding company expectations. The early production from two new discoveries has contributed substantial...|
|United States >> 12/21/2007 - Pioneer Natural Resources Company announced that it expects fourth quarter net income to include an after-tax gain of approximately $50 million related to the net effect of several unusual items. Thes...|
|Austria >> 12/14/2007 - World oil demand in 2007|
The coming holiday season is keeping the kerosene jet fuel demand healthy worldwide. Winter oil demand has picked up following normal high seasonality pushing tota...
|Austria >> 12/14/2007 - Forecast for 2007|
Non-OPEC supply in 2007 is expected to increase by 0.72 mb/d over the downward revised figure for 2006 to reach a level of 49.62 mb/d, following a downward revision of 103 ...
|Austria >> 12/14/2007 - The perception of a tight distillate market along with an early cold snap in the Atlantic Basin caused product price increases to outstrip the sharp rise in crude oil prices, lifting refinery margins ...|
|Austria >> 12/14/2007 - According to preliminary data, OPEC spot fixtures increased sharply in November to reach the highest level since February 2005. The rise of around 25% came mainly in the late part of November on the b...|
|Austria >> 12/14/2007 - OECD|
In October, OECD crude oil imports increased by more than 1% over the previous month, according to preliminary data, compared to a month earlier. The increase in Japan’s crude oil impor...
|Austria >> 12/14/2007 - USA|
US commercial oil stocks followed their seasonal trend falling a further 12 mb to stand at 1,002 mb at the end of November, around 4 mb above the five-year average. The drop was roughly ...
|Austria >> 12/14/2007 - Estimate for 2007|
The demand for OPEC crude in 2007 is expected to average 31.71 mb/d, an increase of 140 tb/d over the 2006 figure. On a quarterly basis, demand for OPEC crude is expect...
|Austria >> 12/14/2007 - The OPEC Reference Basket rose $9.63 or over 12% in November to reach $88.99/b. The weak US dollar dominated the market with increased speculative activity in the energy futures market. The expectatio...|