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CGES Says Short Supply And Stockcover Keeping Crude Prices High
...ventories fell at an average rate of over 1.2mn b/d during the second half of 2010 and continued to fall in the first quarter of 2011,” it reported, adding that commercial inventories outside China, the FSU and Eastern Europe could before winter stand at less than 45 days worth of forward demand – “back at...
Volume: 54Issue: 39Published at Mon, 26 Sep 2011 -
Crude Oil Formulas/Posted Prices
...Middle East Economic Survey VOL. LIV No 39 26-Sep-2011 Crude Oil Formulas/Posted Prices ($/B) Nigeria (Dated Brent + / - Adjustment Factor; $/B) 2011 2010 Oct Sep Aug Jul Jun Ma...
Volume: 54Issue: 39Published at Mon, 26 Sep 2011 -
OPEC In Good Shape At 50th Anniversary, Says CGES
...s not happy subsidizing other sources of energy, but by following its recent pricing strategy that is exactly what it is doing.” CGES Global Supply/Demand Balance (Mn B/D) 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 2009 2010 2011 World Oil De...
Volume: 53Issue: 39Published at Mon, 27 Sep 2010 -
Economy Remains Wildcard For Market Fundamentals, Says Société Générale (
...arterly report and that it expects stocks to remain steady at current high levels through the first half of 2011 with no drawdowns likely until the second half. Despite a year of recovering oil demand, OECD inventories remain high at over 61 days of forward cover – above five-year highs. Mr Wittner said th...
Volume: 53Issue: 39Published at Mon, 27 Sep 2010