1. Crude Prices Rebound, But Barrels ‘Missing’ From Inventories, Says CGES

    ...ES Global Supply/Demand Balance (Mn B/D)     2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 2011 2012 20...

    Volume: 55
    Issue: 31
    Published at Mon, 30 Jul 2012
  2. 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: 55
    Issue: 30
    Published at Mon, 23 Jul 2012
  3. 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: 55
    Issue: 30
    Published at Mon, 23 Jul 2012
  4. 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: 55
    Issue: 30
    Published at Mon, 23 Jul 2012
  5. IEA Trims 2012 Demand Forecast To 89.9Mn B/D, Projects 2013 Demand At 90.9Mn B/D

    ...mand will exceed that of the OECD for the first time ever in 2Q13, “a trend that is unlikely to be reversed.” Non-OECD demand is forecast at 45.7mn b/d in 2013, 600,000 b/d more than OECD demand of 45.1mn b/d.   “After two years of relatively flat growth – up by 700,000 b/d in 2011 and an an...

    Volume: 55
    Issue: 29
    Published at Mon, 16 Jul 2012
  6. EIA Lowers Demand Growth Outlook On ‘Less Optimistic’ Economic Assumptions

    ...ll rise by 800,000 in 2012 and 1.3mn b/d in 2013, with the largest growth coming from US shale oil and Canadian oil sands. OPEC condensate, NGLs and GTL output is expected to increase by 300,000 b/d in 2012 and less than 100,000 b/d in 2013.   OECD commercial oil inventories ended 2011 at 2....

    Volume: 55
    Issue: 29
    Published at Mon, 16 Jul 2012
  7. Crude Oil Formulas/Posted Prices ($/B)

    ...L PRICES/OPEC   Crude Oil Formulas/Posted Prices ($/B)   Abu Dhabi ($/B)     2012 2011   Jun May Apr Ma...

    Volume: 55
    Issue: 29
    Published at Mon, 16 Jul 2012
  8. OPEC Output Remains Firm Amidst Price Turbulence

    ...allenge April’s highs, according to the latest data from tanker tracker Oil Movements. The UAE’s Upper Zakum field, where output fell by around 100,000 b/d in May, should come back fully in July, sources say. And Saudi Arabia continues to pump strongly.   OPEC Crude Oil Production June 2011 – Ju...

    Volume: 55
    Issue: 28
    Published at Mon, 09 Jul 2012
  9. Japan’s Crude Imports Fall 9.13% In May To 3.572Mn B/D

    ...erage of 3.930mn b/d, but year-on-year it is 16.04% above the May 2011 import figure of 3.078mn b/d. Imports from the Middle East averaged 2.929mn b/d in May, down by 10.36% from the April average of 3.268mn b/d, but 10% above the May 2011 average of 2.662mn b/d. Saudi Arabia continues to be Japan’s ma...

    Volume: 55
    Issue: 28
    Published at Mon, 09 Jul 2012
  10. Saudi Crude Price Adjustments Mixed For August

    ..., 40 days after B/L for NW Europe, and B/L date to the Far East – are as follows ($/B):   US (Price Reference ASCI)   2012 2011   Aug Ju...

    Volume: 55
    Issue: 28
    Published at Mon, 09 Jul 2012
  11. Saudi LPG Prices Reduced For July Contracts

    ...opane Butane 2010 1 Jan 740.00 735.00 2011 1 Jan 935.00 920.00 2012 1 Ja...

    Volume: 55
    Issue: 28
    Published at Mon, 09 Jul 2012
  12. Crude Oil Formulas/Posted Prices ($/B)

    ...L PRICES/OPEC   Crude Oil Formulas/Posted Prices ($/B)   Oman ($/B)     2012 2011   Aug Jul Jun Ma...

    Volume: 55
    Issue: 28
    Published at Mon, 09 Jul 2012
  13. China’s Crude Imports Reach Record 25.5Mn Tons In May

    ...ports 2011-12   Imports 2012 2011 Imports May Apr Mar Feb Jan Total De...

    Volume: 55
    Issue: 27
    Published at Mon, 02 Jul 2012
  14. 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: 54
    Issue: 30
    Published at Mon, 25 Jul 2011
  15. 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: 54
    Issue: 30
    Published at Mon, 25 Jul 2011
  16. 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: 54
    Issue: 30
    Published at Mon, 25 Jul 2011
  17. OPEC Sees Demand Growth Slowing In 2012

    ...port, the first to show projections for 2012, noted that estimates remained constrained by uncertainty. The MOMR shaved OPEC’s estimate for 2011 world demand growth down to 1.36mn b/d, some 400,000 b/d higher than that for next year. “With the winding down of government-led stimulus, risks to the fo...

    Volume: 54
    Issue: 29
    Published at Mon, 18 Jul 2011
  18. IEA Trims Demand Growth Forecast On Persistent High Prices

    ...Middle East Economic Survey VOL. LIV No 29 18-Jul-2011 IEA Trims Demand Growth Forecast On Persistent High Prices The International Energy Agency (IEA) has reduced its oil demand growth forecast for 2011 as a result of “persistent high prices and somewhat weaker IMF economic pr...

    Volume: 54
    Issue: 29
    Published at Mon, 18 Jul 2011
  19. EIA Reduces Oil Demand Growth Forecast For 2011, Holds 2012 Outlook Steady

    ...Middle East Economic Survey VOL. LIV No 29 18-Jul-2011 EIA Reduces Oil Demand Growth Forecast For 2011, Holds 2012 Outlook Steady The Energy Information Administration (EIA) of the US Department of Energy has reduced its forecast for 2011 oil demand growth, but expects the ma...

    Volume: 54
    Issue: 29
    Published at Mon, 18 Jul 2011
  20. ESAI Warns Of Oil Market ‘Bull Trap’

    ...d will end the year negative. It is once again the countries of Asia and the Middle East which are driving the perception of rising and tight markets. Even so, this is 2011 not 2004, and global oil demand growth this year will be half what it was in 2004. ESAI estimates that OPEC production in Ju...

    Volume: 54
    Issue: 29
    Published at Mon, 18 Jul 2011