1. FGE Forecasts Rise In Gas Demand In Asia-Pacific

    ...30, largely as a result of Australia’s relatively robust production, driven by the development of multiple green-field liquefaction projects.” FGE said it sees overall Asian LNG imports rising to almost 152mn tons in 2011, from less than 132mn tons in 2010. “Looking beyond 2011, FGE projects th...

    Volume: 54
    Issue: 26
    Published at Mon, 27 Jun 2011
  2. Crude Oil Formulas/Posted Prices

    ...Middle East Economic Survey VOL. LIV No 26 27-Jun-2011 Crude Oil Formulas/Posted Prices ($/B) Nigeria (Dated Brent + / -  Adjustment Factor; $/B)            2011 2010 Jul Jun May Apr Mar Fe...

    Volume: 54
    Issue: 26
    Published at Mon, 27 Jun 2011
  3. IEA Medium Term Forecast Sees Demand Growing By 1.2Mn B/D Annually For 2010-16

    ...2mn b/d during the 2010-16 period, essentially the same margin as forecast for the 2009-15 period a year ago. The IEA said in the Medium Term Oil And Gas Markets 2011, released on 16 June, that it expects global demand to rise from 88.0mn b/d in 2010 to 95.3mn b/d in 2016, an increase of 7.2mn b/d. Th...

    Volume: 54
    Issue: 25
    Published at Mon, 20 Jun 2011
  4. IEA Raises Short Term Demand Growth Forecast Slightly

    ...Middle East Economic Survey VOL. LIV No 25 20-Jun-2011 IEA Raises Short Term Demand Growth Forecast Slightly The International Energy Agency (IEA) raised its estimate for global oil demand growth for 2010 and 2011 by 100,000 b/d in its latest monthly Oil Market Report, released on...

    Volume: 54
    Issue: 25
    Published at Mon, 20 Jun 2011
  5. China’s Crude Oil Imports Remain Steady In May

    ...ril  imports of 21.45mn tons. Crude imports on a daily basis averaged 5.07mn  b/d for May. Year-on-year, China  imports rose 20.8% over the May 2010 import figure of 17.84mn tons (4.20mn b/d). China imported a total of 106.42mn tons during the first five months of 2011 (5.1mn b/d). During 2010, it im...

    Volume: 54
    Issue: 25
    Published at Mon, 20 Jun 2011
  6. Crude Oil Formulas/Posted Prices

    ...Middle East Economic Survey VOL. LIV No 25 20-Jun-2011 Crude Oil Formulas/Posted Prices ($/B) Iran (+ / - Adjustment Factor; $/B) 2011 2010 Jul Jun May Apr Mar Feb Jan De...

    Volume: 54
    Issue: 25
    Published at Mon, 20 Jun 2011
  7. Oil Prices Rise After OPEC Fails To Agree Output Increase

    ...ekly Oil Data Review, Paul Horsnell, Head of Commodities Research at Barclays Capital, said that OPEC cannot be considered as a force for price restraint – at least for the remainder of 2011. “While OPEC remains a force for the protection of any potential prices downside, it now appears to be out of...

    Volume: 54
    Issue: 24
    Published at Mon, 13 Jun 2011
  8. BP Statistical Review Says Global Oil Consumption Rose 3.1% To 87.4Mn B/D In 2010

    ...,823 82,827 84,126 84,958 86,428 85,999 84,714 87,382 * Inland demand plus international aviation, marine bunkers, refinery fuel and loss, ethanol and biodiesel. Source: BP Statistical Review of World Energy 2011. Middle Ea...

    Volume: 54
    Issue: 24
    Published at Mon, 13 Jun 2011
  9. EIA Boosts Oil Demand Forecast For 2011, Leaves 2012 Unchanged

    ...Middle East Economic Survey VOL. LIV No 24 13-Jun-2011 EIA Boosts Oil Demand Forecast For 2011, Leaves 2012 Unchanged The Energy Information Administration (EIA) of the US Department of Energy has increased its global oil demand forecast for 2011 by 300,000 b/d to 1.7mn b/d, but le...

    Volume: 54
    Issue: 24
    Published at Mon, 13 Jun 2011
  10. Japanese Crude Oil Imports Down To 3.567Mn B/D In April

    ...Middle East Economic Survey VOL. LIV No 24 13-Jun-2011 Japanese Crude Oil Imports Down To 3.567Mn B/D In April Japanese crude oil imports averaged 3.567mn b/d in April 2011, down by 5.7% from 3.783mn b/d in March, according to monthly import data released by Japan’s Ministry of Ec...

    Volume: 54
    Issue: 24
    Published at Mon, 13 Jun 2011
  11. Saudi Crude Prices Raised For Europe, Differentials Narrowed For US And Asia

    ...NOC plus $0.40/B earlier in the month. The formulas for July 2011 and the previous 12 months for deliveries to the US, Europe and the Far East – on an FOB Saudi Arabia basis, 50 days after B/L for the US, 40 days after B/L for NW Europe, and B/L date to the Far East – are as fo...

    Volume: 54
    Issue: 24
    Published at Mon, 13 Jun 2011
  12. Crude Oil Formulas/Posted Prices

    ...Middle East Economic Survey VOL. LIV No 24 13-Jun-2011 Crude Oil Formulas/Posted Prices ($/B) Abu Dhabi ($/B)         2011 2010 May Apr Mar Feb Jan Dec Nov Oct Se...

    Volume: 54
    Issue: 24
    Published at Mon, 13 Jun 2011
  13. Saudi LPG Prices For June Reduced From Record Highs

    ...Date of Change Propane Butane Change Propane Butane Change Propane Butane 2009 1 Jan 380.00 380.00 2010 1 Jan 740.00 735.00 2011...

    Volume: 54
    Issue: 23
    Published at Mon, 06 Jun 2011
  14. CGES Warns Of Mounting Pressure On OPEC To Raise Output

    ...ear whether the IEA would follow through on this implied threat.” CGES Global Supply/Demand Balance (Mn B/D) 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 2009 2010 2011 World Oil Demand 88.7 89...

    Volume: 54
    Issue: 22
    Published at Mon, 30 May 2011
  15. Crude Oil Formulas/Posted Prices

    ...Middle East Economic Survey VOL. LIV No 21 23-May-2011 Crude Oil Formulas/Posted Prices ($/B) Iran (+ / - Adjustment Factor; $/B) 2011 2010 Jun May Apr Mar Feb Jan Dec No...

    Volume: 54
    Issue: 21
    Published at Mon, 23 May 2011
  16. IEA Reduces Demand Growth Forecast On Persistent High Prices

    ...Middle East Economic Survey VOL. LIV No 20 16-May-2011 IEA Reduces Demand Growth Forecast On Persistent High Prices The International Energy Agency (IEA) has reduced its global oil demand growth forecast for 2011 to 1.3mn b/d, citing persistent high prices and weaker IMF pr...

    Volume: 54
    Issue: 20
    Published at Mon, 16 May 2011
  17. EIA Trims Oil Demand Outlook, Reduces Forecast For OPEC Production

    ...Middle East Economic Survey VOL. LIV No 20 16-May-2011 EIA Trims Oil Demand Outlook, Reduces Forecast For OPEC Production The Energy Information Administration (EIA) of the US Department of Energy has reduced its forecast for 2011 global oil demand but raised its expectations fo...

    Volume: 54
    Issue: 20
    Published at Mon, 16 May 2011
  18. Crude Oil Formulas/Posted Prices

    ...Middle East Economic Survey VOL. LIV No 20 16-May-2011 Crude Oil Formulas/Posted Prices ($/B) Iran (+ / - Adjustment Factor; $/B) 2011 2010 Jun May Apr Mar Feb Jan Dec No...

    Volume: 54
    Issue: 20
    Published at Mon, 16 May 2011
  19. ESAI Says Implications Of Bin Ladin’s Death Unclear

    ...dustry (METI) on 28 April. Year-on-year March 2011 Japanese crude imports declined by 6.28% from 4.036mn b/d in March 2010. Crude oil imports from the Middle East declined by 1.07% to 3.437mn b/d in March from 3.474mn b/d in February. Year-on-year, Japan’s imports from the Middle East declined by 4....

    Volume: 54
    Issue: 19
    Published at Mon, 09 May 2011
  20. Saudi Crude Pricing Shows Mixed Changes For June Deliveries

    ...ile Lower Zakum sold at ADNOC plus $0.75/B. In mid-March, Oman sold at Dubai plus $0.50-0.60/B and Lower Zakum sold at ADNOC plus $0.40-0.50/B. The formulas for June 2011 and the previous 12 months for deliveries to the US, Europe and the Far East – on an FOB Saudi Arabia basis, 50 days af...

    Volume: 54
    Issue: 19
    Published at Mon, 09 May 2011