1. Libya Production Boost Hands OPEC Escape From Tough Output Allocation Talks

    ...9mn b/d for 2011 and 1.2mn b/d next year, published in OPEC’s most recent Monthly Oil Market Report (MEES, 14 November). “We are producing about 30mn b/d. I think we are forecasting that we should keep the same production maybe for next year, unless there is some negative economic development, then we wo...

    Volume: 54
    Issue: 48
    Published at Mon, 28 Nov 2011
  2. Market Remains Tight Due To ‘Old Fashioned Supply Squeeze,’ Says CGES

    ...2011, the sudden loss of 1.6mn b/d of light, sweet Libyan crude that could not be replaced with oil of a similar quality and, crucially, OPEC’s own failure to recognize or respond to the emerging supply shortage. Oil markets appear to be existing in a world entirely separate from concerns th...

    Volume: 54
    Issue: 48
    Published at Mon, 28 Nov 2011
  3. Crude Oil Formulas/Posted Prices

    ...Middle East Economic Survey VOL. LIV No 48 28-Nov-2011 Crude Oil Formulas/Posted Prices ($/B) Yemen (Dated Brent + / - Adjustment Factor; $/B)               2012 2011 Jan Dec Nov Oct Se...

    Volume: 54
    Issue: 48
    Published at Mon, 28 Nov 2011
  4. CGES Reports Demand Boost In Third Quarter, But Expects Decline In Future

    ...main stable around their current level in 2011,” the MOR said. The surge in oil demand, which followed an increase in the second quarter, brought to an end 10 consecutive quarters of global stockbuilds, the report said, adding that the last quarter in which global inventories fell was the first qu...

    Volume: 53
    Issue: 48
    Published at Mon, 29 Nov 2010