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  1. High Oil Prices Due To Tightening Market Fundamentals, Says CGES

    ...ep pace with demand in 2011, the report said, even though consumption increased by only 650,000 b/d (0.7%) during 2011, while data suggests that global oil consumption actually fell in the final quarter of the year, the first drop since the middle of 2009. “A faltering economic recovery in the Eu...

    Volume: 55
    Issue: 05
    Published at Mon, 30 Jan 2012

  2. Fesharaki Sees Disappearance Of US Oil Imports From Middle East

    ...rnerstone of the US policy for decades. Now, that is all changing.” Dr Fesharaki sets out a number of scenarios for the US to replace imports from the Middle East. US crude imports were estimated at 2.36mn b/d in 2008, but by 2011 had declined by almost 500,000 b/d to 1.89mn b/d, with 63% coming from Sa...

    Volume: 55
    Issue: 05
    Published at Mon, 30 Jan 2012

  3. Crude Oil Formulas/Posted Prices

    ...Crude Oil Formulas/Posted Prices ($/B) Algeria (Dated Brent + / - Adjustment Factor; $/B)                 2012 2011   Jan Dec Nov Oc...

    Volume: 55
    Issue: 05
    Published at Mon, 30 Jan 2012

  4. CGES Calls For OPEC To Produce More Crude In Face Of Tightening Fundamentals

    ...yadh needs an average basket price of $83/B, CGES said. Without more oil from OPEC crude prices will continue to rise during 2011, which along with rising agricultural and mineral prices, will push inflation rates up, “risking the imposition of higher interest rates on economies that are still st...

    Volume: 54
    Issue: 05
    Published at Mon, 31 Jan 2011

  5. Crude Oil Formulas/Posted Prices

    ...Middle East Economic Survey VOL. LIV No 5 31-Jan-2011 OPEC/OIL PRICES Crude Oil Formulas/Posted Prices ($/B) Iran (+ / - Adjustment Factor; $/B) 2011 2010 Feb Jan Dec Nov Oct Sep Au...

    Volume: 54
    Issue: 05
    Published at Mon, 31 Jan 2011

  6. Dresdner Kleinwort Holds Brent Price Forecast At $70/B For 2008

    ...rlier forecast also saw Brent falling away to $45.50/B by 2011, but now the Brent price is expected to flatten out at around $60/B from 2009. One of the principal reasons why oil prices rose so sharply in 2007 was OPEC’s policy of undersupplying the market with the aim of tightening inventories in or...

    Volume: 51
    Issue: 05
    Published at Mon, 04 Feb 2008