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OPEC Oil Revenues Top $1 Trillion Mark
...EC/OIL PRICES OPEC Oil Revenues Top $1 Trillion Mark In 2011, for the first time ever, revenues from OPEC petroleum exports exceeded $1 trillion, OPEC’s latest Annual Statistical Bulletin (ASB) shows. A 2011 average OPEC Basket price of $107.46/B pushed revenues ahead of the previous re...
Volume: 55Issue: 30Published at Mon, 23 Jul 2012 -
China’s Crude Imports Fall To 21.7Mn Tons In June
...ring May reportedly boosted the country’s inventories because refinery demand slipped. China has imported 140.06mn tons during 2012, an average of 5.62mn b/d so far this year. China Crude Oil Imports 2011-12 2012 2011...
Volume: 55Issue: 30Published at Mon, 23 Jul 2012 -
Crude Oil Formulas/Posted Prices ($/B)
...L PRICES/OPEC Crude Oil Formulas/Posted Prices ($/B) Iran font> (+ / - Adjustment Factor; $/B) 2012 2011 Aug Jul Ju...
Volume: 55Issue: 30Published at Mon, 23 Jul 2012 -
WTI Crude Price Nears $100/B
...milar period last year. The average world crude oil price on 15 July was $113.51/B, $3.95/B more than last week’s price and $40.02/B above a year ago. Settlement Prices For Benchmark Crudes ($/B) Date 2011 Nymex WTI ICE Br...
Volume: 54Issue: 30Published at Mon, 25 Jul 2011 -
CGES Says Eroding Stock Cover Key Factor In Keeping Crude Oil Prices High
...ock cover has been a key factor in keeping oil prices high despite mounting concerns over the sustainability of global economic recovery,” the CGES said. OECD oil demand is believed to have declined during the second quarter of 2011 by 2%, the CGES reported, noting that this brings to an en...
Volume: 54Issue: 30Published at Mon, 25 Jul 2011 -
China’s Crude Oil Imports Slip During June
...a daily basis averaged 4.73mn b/d for June. Year-on-year, China’s imports fell by 12.7% from the June 2010 volume of 22.27mn tons (5.42mn b/d). During the first six months of 2011, China imported at total of 125.85mn tons, an average of around 5.06mn b/d. During all of 2010, the country imported 23...
Volume: 54Issue: 30Published at Mon, 25 Jul 2011 -
CGES Says OPEC Policy Lending Oil Price Support
...t to be tested.” CGES Global Supply/Demand Balance (Mn B/D) 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 2009 2010 2011 World Oil Demand 86.1 86.0 85.8 86.7 87.5 87.5 84.7 86.2 87.7 Non-OP...
Volume: 53Issue: 30Published at Mon, 26 Jul 2010 -
Fesharaki: Refiners Plan 4Mn B/D Capacity Rise In Asia-Pacific, 3Mn B/D In Middle East
...st products exports will grow by 1.3mn b/d between now and 2011-12.”...
Volume: 49Issue: 30Published at Mon, 24 Jul 2006