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Crude Prices Stay Rangebound Despite Stockbuild
...obal economy falters. In its latest Oil Market Report, released on 12 April, the Paris-based International Energy Agency (EIA) said that global oil demand is expected to rise to 89.9mn b/d in 2012, a gain of 800,000 b/d on 2011. It forecast that consumption would in the second quarter of this ye...
Volume: 55Issue: 16Published at Mon, 16 Apr 2012 -
EIA Puts 2012 Liquids Consumption At 88.8Mn B/D
...tlook, released on 10 April, the EIA said world liquids consumption grew by 790,000 b/d in 2011 to 87.9mn b/d. Non-OECD countries will account for almost all of the world’s consumption growth over the next two years, the EIA said, stating that most of this will come from China, the Middle East and Ce...
Volume: 55Issue: 16Published at Mon, 16 Apr 2012 -
Crude Oil Formulas/Posted Prices
...OPEC/OIL PRICES Crude Oil Formulas/Posted Prices ($/B) Iran (+ / - Adjustment Factor; $/B) 2012 2011 May Apr Ma...
Volume: 55Issue: 16Published at Mon, 16 Apr 2012 -
WTI Price Slips Below $110/B As Questions Arise Over ‘Demand Destruction’
...by 0.1% compared to last year. The average world crude oil price on 8 April was unavailable. WTI was $112.27/B on 8 April, $4.72/B more than last week’s price and $27.67/B above a year ago. Settlement Prices For Benchmark Crudes ($/B) Date 2011 Nymex WTI ICE Br...
Volume: 54Issue: 16Published at Mon, 18 Apr 2011 -
IEA Sees Market Tightening On Reduced Supply, Rising Demand
...rthquake and tsunami on 11 March, renewed price strength now also acknowledges this potential for further market tightening.” The IEA left its forecast for global oil product demand largely unchanged for both 2010 and 2011 from last month. “Global oil demand, which averaged 87.9mn b/d in 2010 (+3.4% or...
Volume: 54Issue: 16Published at Mon, 18 Apr 2011 -
EIA Foresees Drawdown In Global Stocks, Increasing Call On OPEC Crude
...ew by 2.3mn b/d in 2010 to a record level of 86.7mn b/d, the agency said, adding that demand is expected to grow by 1.5mn b/d in 2011 and by 1.6mn b/d in 2012. Almost all growth in consumption during the next two years will come from non-OECD countries, particularly China, Brazil and the Middle Ea...
Volume: 54Issue: 16Published at Mon, 18 Apr 2011 -
DME Reports Average Of 3,000 Contracts/Day Traded In 1Q 2011
...Middle East Economic Survey VOL. LIV No 16 18-Apr-2011 DME Reports Average Of 3,000 Contracts/Day Traded In 1Q 2011 Average daily volumes (ADV) of trading on the Dubai Mercantile Exchange (DME) for DME Oman Crude Oil Futures Contract (DME Oman) stood through the first quarter of 2011...
Volume: 54Issue: 16Published at Mon, 18 Apr 2011 -
Crude Oil Formulas/Posted Prices
...Middle East Economic Survey VOL. LIV No 16 18-Apr-2011 Crude Oil Formulas/Posted Prices ($/B) Kuwait (+ / - Adjustment Factor; $/B) 2011 2010 May Apr Mar Feb Jan De...
Volume: 54Issue: 16Published at Mon, 18 Apr 2011