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China Owes Iran €22 Bln in Oil and Gas Debt
Iran >> 10/30/2013 - China owes Iran €22 billion in oil and gas debt, vice president for planning and strategic supervision Mohammad Baqer Nobakht has said. ...
ShaMaran Plans USD $150M Bond Placement
Iraq >> 10/28/2013 - ShaMaran Petroleum Corp. (ShaMaran or the Corporation) (SNM) reports that it plans to issue a USD $150 million senior secured bond. Net proceeds from the bond will be used to fund the Company's future...
Yansab Q3 Net Profit Doubles on Higher Output, Prices
Saudi Arabia >> 10/22/2013 - Saudi Arabia's Yanbu National Petrochemical Co reported a doubling of its third-quarter net profit, attributing the rise to increased production and sales as well as higher prices for its products. ...
Oil Market Highlights - Oct 13
Austria >> 10/10/2013 - - The OPEC Reference Basket rose for the fourth consecutive month in September, increasing by $1.21/b to average $108.73/b. Crude oil futures prices began the month with some upward momentum fuelled...
Product Markets Ahead of Winter - Oct 13
Austria >> 10/10/2013 - A review of product market developments over the recent months shows a mixed performance. In the US, improving seasonal product demand hiked margins since the second quarter and encouraged refineries...
Balance of Supply and Demand - Oct 13
Austria >> 10/10/2013 - Forecast for 2013
Demand for OPEC crude for 2013 remained unchanged from the previous report as world oil demand and non-OPEC supply saw only a minor adjustment. The first three quarters ...
Oando Secures Financing for ConocoPhillips' Nigerian Business
Nigeria >> 10/10/2013 - Oando Energy Resources Inc. (OER), a company focused on oil exploration and production in Nigeria, announced that it has received commitment letters for up to US$815 million of bank credit facilities ...
Argentina Set to Offer Repsol $1.5 bln for YPF
Argentina >> 9/18/2013 - The Argentine government is preparing to offer $1.5 billion in cash to Spanish oil company Repsol in compensation for the 2012 nationalization of Argentina's main energy company, YPF, the newspaper La...
Oil Hits Two Weeks Low as Syria Tensions Ease
Syria >> 9/11/2013 - Oil prices on both sides of the Atlantic fell by more than $2 a barrel on Tuesday as Syria accepted a Russian proposal to give up its chemical weapons, easing concerns about the potential for U.S. mil...
Oil Market Highlights - Sep 13
Austria >> 9/10/2013 - The OPEC Reference Basket averaged $107.52/b in August, representing an increase of $3.07 over the previous month. All Basket component values improved, except Ecuador’s Oriente. Prices were general...
Balance of Supply and Demand - Sep 13
Austria >> 9/10/2013 - Forecast for 2013
Demand for OPEC crude in 2013 remained unchanged from the previous report to stand at 29.9 mb/d, representing a decrease of 0.5 mb/d from last year’s level.

Wit...
US Exempts EU Nations from Iran Oil Sanctions
Iran >> 9/8/2013 - The entire European Union has not purchased Iranian oil since July 1, 2012, the U.S. State Department said in a statement. Because of that reduction, the U.S. said 10 EU countries had qualified for si...
OECD Pacific Oil Demand in August 2013
OECD Pacific Oil Demand in August 2013 Japan >> 8/31/2013 - Japanese oil demand in June contracted by 0.17 mb/d y-o-y with a mixed picture as far as the main product categories are concerned. Oil requirements in crude and fuel oil for direct burning and electr...
Investment Flows into Commodity Markets
Investment Flows into Commodity Markets Austria >> 8/28/2013 - The total open interest volume (OIV) in major commodity markets in the US decreased by over 3% m-o-m to 8.7 million contracts in July. However, this drop was partially offset by higher OIV in crude oi...
OPEC Reference Basket
OPEC Reference Basket Austria >> 8/27/2013 - The value of the OPEC Reference Basket (ORB) rose in July for the second straight month to levels seen in the first quarter, with the highest month-on-month gain since February. Expansion in the value...
US Stock Movements
US Stock Movements Austria >> 8/26/2013 - Preliminary data for July shows that US total commercial oil stocks fell by 8.1 mb, reversing the build of the last fourth months, to stand at 1,121.2 mb. Despite this decline, inventories stood at 7....
Kenya's Barclays Signs $13m Deal to Finance Explorer's Rig
Kenya >> 8/23/2013 - Barclays Bank Kenya has signed a $13 million financing deal with a unit of British oil explorer Marriot Drilling for a rig for work in Kenya, which has attracted attention after oil discoveries last y...
Forecast for Balance of Supply and Demand for 2014
Forecast for Balance of Supply and Demand for 2014 Austria >> 8/22/2013 - Demand for OPEC crude in 2014 saw a little change from the previous report to stand at 29.7 mb/d. This represents negative growth of 0.3 mb/d compared with 2013. The second quarter saw an upward revis...
Oil Market Highlights - Aug 13
Austria >> 8/10/2013 - The OPEC Reference Basket averaged $104.45/b in July, representing a gain of $3.42/b over the previous month. The increase came mainly from Brent-related North African grades, as well as Middle East...
Balance of Supply and Demand - Aug 13
Austria >> 8/10/2013 - Forecast for 2013
Demand for OPEC crude in 2013 remained almost unchanged from the previous report. The first and third quarters were unchanged, while the second and fourth quarters saw ...

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