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CGES Applauds Saudi Openness On Oil Supply
...11 1Q12 2Q12 3Q12 4Q12 2010 2011 2012 World Oil Demand 89.2 89.4 89...
Volume: 55Issue: 18Published at Mon, 30 Apr 2012 -
Crude Oil Formulas/Posted Prices ($/B)
...OPEC/OIL PRICES Crude Oil Formulas/Posted Prices ($/B) Iraq (+/- Adjustment Factor; $/B) 2012 2011 May Apr Ma...
Volume: 55Issue: 18Published at Mon, 30 Apr 2012 -
OPEC Stays Bearish On Economy
...parently both failing to provide production data for March. OPEC’s Summarized Oil Supply/Demand Balance For 2011 (Mn B/D) 2010 1Q11 2Q11 3Q11 4Q...
Volume: 55Issue: 17Published at Mon, 23 Apr 2012 -
IEA Holds 2012 Demand Outlook Steady, Raises Price Assumption
...SUPPLY DEMAND IEA Holds 2012 Demand Outlook Steady, Raises Price Assumption The International Energy Agency (IEA) forecast global oil demand at 89.9mn b/d for 2012, up by 800,000 b/d (0.9%) over 2011 and little changed from the previous outlook. In its latest monthly Oil Market Re...
Volume: 55Issue: 17Published at Mon, 23 Apr 2012 -
Crude Prices Stay Rangebound Despite Stockbuild
...obal economy falters. In its latest Oil Market Report, released on 12 April, the Paris-based International Energy Agency (EIA) said that global oil demand is expected to rise to 89.9mn b/d in 2012, a gain of 800,000 b/d on 2011. It forecast that consumption would in the second quarter of this ye...
Volume: 55Issue: 16Published at Mon, 16 Apr 2012 -
EIA Puts 2012 Liquids Consumption At 88.8Mn B/D
...tlook, released on 10 April, the EIA said world liquids consumption grew by 790,000 b/d in 2011 to 87.9mn b/d. Non-OECD countries will account for almost all of the world’s consumption growth over the next two years, the EIA said, stating that most of this will come from China, the Middle East and Ce...
Volume: 55Issue: 16Published at Mon, 16 Apr 2012 -
Crude Oil Formulas/Posted Prices
...OPEC/OIL PRICES Crude Oil Formulas/Posted Prices ($/B) Iran (+ / - Adjustment Factor; $/B) 2012 2011 May Apr Ma...
Volume: 55Issue: 16Published at Mon, 16 Apr 2012 -
OPEC Production Hits Fresh Three-Year High
...y deliveries (see page 12). Shipping data and several credible anecdotal accounts have prompted an upward revision of 50,000-100,000 b/d to MEES Kuwait production estimates going back to November. OPEC Crude Oil Production Mar 2011 – Mar 2012 (MEES Estimates – ‘00...
Volume: 55Issue: 15Published at Mon, 09 Apr 2012 -
Japan’s Crude Imports Slip In February To 3.853Mn B/D
...port figure of 3.938mn b/d and an increase of 2.75% from 3.750mn b/d in February 2011. Imports from the Middle East averaged 3.205mn b/d in February, down by 1.51% from 3.254mn b/d in January and by 4.47% from 3.355mn b/d in February 2011. Saudi Arabia remains Japan’s biggest crude supplier with de...
Volume: 55Issue: 15Published at Mon, 09 Apr 2012 -
DME Trade Volume Passes 3Mn Contracts
...ring the first quarter of 2011....
Volume: 55Issue: 15Published at Mon, 09 Apr 2012 -
Saudi Crude Prices Mainly Lowered For May Deliveries
...CI) 2012 2011 May Apr Mar Feb Jan Dec Nov Oct Se...
Volume: 55Issue: 15Published at Mon, 09 Apr 2012 -
Saudi LPG Prices Fall Back, Suggesting Ample Supplies For April, Says Purvin & Gertz
...n 740.00 735.00 2011 1 Jan 935.00 920.00 2012 1 Jan 850.00 91...
Volume: 55Issue: 15Published at Mon, 09 Apr 2012 -
Crude Oil Formulas/Posted Prices
...OPEC/OIL PRICES Crude Oil Formulas/Posted Prices ($/B) Abu Dhabi ($/B) 2012 2011 Mar Feb Jan De...
Volume: 55Issue: 15Published at Mon, 09 Apr 2012 -
Crude Oil Formulas/Posted Prices
...OPEC/OIL PRICES Crude Oil Formulas/Posted Prices ($/B) Algeria (Dated Brent + / - Adjustment Factor; $/B) 2012 2011 Apr Ma...
Volume: 55Issue: 14Published at Mon, 02 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 -
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