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OPEC Stays Bearish On Economy
...parently both failing to provide production data for March. OPEC’s Summarized Oil Supply/Demand Balance For 2011 (Mn B/D) 2010 1Q11 2Q11 3Q11 4Q...
Volume: 55Issue: 17Published at Mon, 23 Apr 2012 -
IEA Holds 2012 Demand Outlook Steady, Raises Price Assumption
...SUPPLY DEMAND IEA Holds 2012 Demand Outlook Steady, Raises Price Assumption The International Energy Agency (IEA) forecast global oil demand at 89.9mn b/d for 2012, up by 800,000 b/d (0.9%) over 2011 and little changed from the previous outlook. In its latest monthly Oil Market Re...
Volume: 55Issue: 17Published at Mon, 23 Apr 2012 -
WTI Price Moves Back Above $110/B As US Inventories Slide, Market Seen Out Of Balance
...at current prices are not sustainable and called for OPEC to be prepared to increase output in June when a rise in demand is anticipated. He said that if crude continues at a price of more than $100/B for the remainder of 2011, it is very likely that demand destruction would ensue, similar to th...
Volume: 54Issue: 17Published at Mon, 25 Apr 2011 -
CGES Says High Crude Prices Risk Destroying Demand
...lance (Mn B/D) 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 2009 2010 2011 World Oil Demand 88.7 89.5 88.7 88.4 89.7 89.9 84.9 87.9 89...
Volume: 54Issue: 17Published at Mon, 25 Apr 2011 -
China’s Crude Oil Imports Rose 8.6% In March
...Middle East Economic Survey VOL. LIV No 17 25-Apr-2011 China’s Crude Oil Imports Rose 8.6% In March China’s crude oil imports totaled 21.67mn tons during March 2011, according to data released by China’s General Administration for Customs. The March volume is a rise of 8.6% over Fe...
Volume: 54Issue: 17Published at Mon, 25 Apr 2011