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Asia Oil Supply – July 2012
Asia Oil Supply – July 2012 India >> 7/19/2012 - However, a high level of risk and uncertainty surrounds the DCs’ forecast, including political, technical, price, decline-rate and weather issues. Accordingly, it is subject to revision in both direct...
Oil prices, US dollar and inflation
Oil prices, US dollar and inflation Austria >> 7/14/2012 - On a monthly average from April to May, the US dollar increased compared to all major currencies with the exception of the Japanese yen. The US dollar rose 2.8% against both the euro and the Swiss fra...
Oil Market Highlights - Jul 12
Austria >> 7/12/2012 - The OPEC Reference Basket in June continued its decline for the third consecutive month to settle below $100/b for the first time in 18 months at $93.98/b. The decline was very significant at 13%, the...
Oil Market Prospects for 2013 - Jul 12
Austria >> 7/12/2012 - The oil market in 2012 has been strongly impacted by the great uncertainty in the global economy, particularly from the OECD countries, resulting in frequent revisions in world economic growth and con...
Commodity Markets - Jul 12
Austria >> 7/12/2012 - Trends in selected commodity markets
The World Bank’s Commodity Price Index declined significantly in June m-o-m. Prices for energy dropped by 12% m-o-m compared to a 7.7% drop in the ea...
World Economy - Jul 12
Austria >> 7/12/2012 - Industrialised countries
US
The US economy is still the more resilient of the major OECD economies despite the fact that it has witnessed some slow-down recently. The 1Q12 GDP ...
World Oil Demand - Jul 12
Austria >> 7/12/2012 - World oil demand in 2012
Various economic developments worldwide are almost offsetting each other, leaving the total oil consumption picture nearly unchanged from last month. US demand i...
World Oil Supply - Jul 12
Austria >> 7/12/2012 - Non-OPEC
Forecast for 2012
Non-OPEC oil supply is forecast to average 53.06 mb/d in 2012, an increase of 0.67 mb/d over 2011, indicating a minor upward revision of 10 tb/d fr...
Product Markets and Refinery Operations - Jul 12
Austria >> 7/12/2012 - Product market sentiment became bullish in June in the Atlantic Basin, with gasoline strengthening on the back of tightening supply sentiment, amid additional requirements for the driving season, whi...
Tanker Market - Jul 12
Austria >> 7/12/2012 - In June, the month started at a slow pace, a pattern which continued throughout the month. Initially, the low level of activity was attributed to various holidays. Following the first week of June, to...
Stock Movements - Jul 12
Austria >> 7/12/2012 - US
US total commercial oil stocks rose for a second consecutive month in June, increasing by 10.8 mb to end the month at 1,098.1 mb, the highest level since August 2011. Thus, they stood a...
Balance of Supply and Demand - Jul 12
Austria >> 7/12/2012 - Forecast for 2012
Demand for OPEC crude for 2012 has remained unchanged from the previous report. However, the second quarter has seen a downward revision of 0.1 mb/d, while the third quar...
India Economy - June 2012
India Economy  - June 2012 India >> 7/12/2012 - Last month, the Reserve Bank of India (RBI) cut borrowing costs by more than expected — by 50 basis points — after nearly three years, thereby reducing the benchmark borrowing rate to 8.0%. Because of...
China Economy – June 2012
China Economy  – June 2012 China >> 7/11/2012 - The Chinese economy posted its weakest rate of growth in three years after real GDP growth in 1Q12 moderated to 8.1%. China’s PMI for May released by the National Bureau of Statistic eased more than e...
Nigeria's Cabinet Approves Bill to Overhaul Oil Sector
Nigeria >> 7/11/2012 - Nigeria's cabinet has approved a final draft of an oil law, years in the making, that will be sent to President Goodluck Jonathan before going to parliament in a few days, the oil minister said. ...
Balance of Supply & Demand Forecast for 2012 – June 2012
Balance of Supply & Demand Forecast for 2012 – June 2012 Austria >> 7/10/2012 - The demand for OPEC crude in 2012 is projected to average 29.9 mb/d, around 30,000 b/d less than in the previous report. Within the quarters, 1Q12 saw a downward adjustment of 0.3 mb/d, reflecting the...
Japan Economy – June 2012
Japan Economy – June 2012 Japan >> 7/10/2012 - Japan is still in the process of digesting last year’s events. It is obvious that the Fukushima disaster had an unprecedented impact and that only a strong and developed economy like Japan could have ...
Balance of Supply and Demand Estimate for 2011 – June 2012
Balance of Supply and Demand Estimate for 2011 – June 2012 Austria >> 7/9/2012 - Demand for OPEC crude for last year remained unchanged from the previous assessment, as world oil demand, non-OPEC supply and OPEC NGLs saw minor revisions. All quarters together indicated a minor rev...
India & Indonesia Oil Demand in June 2012
India & Indonesia Oil Demand in June 2012 India >> 7/8/2012 - Indian oil demand in April grew by only a marginal 0.2% y-o-y. This was the lowest level of growth since October 2010. As in previous months, industrial diesel oil demand grew the most, hitting a high...
China Oil Demand in June 2012
China Oil Demand in June 2012 China >> 7/7/2012 - Since China’s economic boom is slowing slightly, its oil demand is expected to follow suit and ease. China’s oil demand is expected to grow, but not at the same rate that was forecast earlier in the y...

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