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World Oil Demand - Jan 08
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...
World Oil Supply - Jan 08
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...
Balance of Supply and Demand - Jan 08
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...
Oil Market Highlights - Jan 08
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...
Crude Oil Price Movements - Jan 08
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...
The Oil Futures Market - Jan 08
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...
Yansab Reports SAR 94.4 Million Net Pre-Operating Profits
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, ...
Sipchem Realizes SR 594 million in annual net profits of 20% growth by the close of 2007
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...
Safco Profits Hit Sar 2.2 Billion in 2007
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...
Marathon Oil Corporation Provides Fourth Quarter 2007 Interim Update
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...
Dana Gas Exceeds 2007 Production Goals in Egypt
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...
Pioneer Announces Fourth Quarter 2007 Net Gain of Approximately $50 Million from Unusual Items
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...
World Oil Demand - Dec 07
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...
World Oil Supply - Dec 07
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 ...
Product Markets and Refinery Operations - Dec 07
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 ...
The Tanker Market - Dec 07
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...
Oil Trade - Dec 07
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...
Stock Movements - Dec 07
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 ...
Balance of Supply and Demand - Dec 07
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...
Oil Market Highlights - Dec 07
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...

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