1. Saudi LPG Prices Raised To Record Levels For May

    ...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: 19
    Published at Mon, 09 May 2011
  2. Crude Oil Formulas/Posted Prices

    ...Middle East Economic Survey VOL. LIV No 19 9-May-2011 Crude Oil Formulas/Posted Prices ($/B) Oman ($/B) 2011 2010 Jun May Apr Mar Feb Jan Dec Nov Oct Se...

    Volume: 54
    Issue: 19
    Published at Mon, 09 May 2011
  3. Oil Prices Hold Steady Despite US Stock Build

    ...er political unrest in the Middle East and North Africa, and prices are also supported by the slumping value of the US dollar. Meanwhile, ExxonMobil reported a profit for the first quarter of 2011 of $10.7bn, prompting some US politicians to call for a halt to the tax breaks that oil companies re...

    Volume: 54
    Issue: 18
    Published at Mon, 02 May 2011
  4. Crude Oil Formulas/Posted Prices

    ...Middle East Economic Survey VOL. LIV No 18 2-May-2011 Crude Oil Formulas/Posted Prices ($/B) Algeria (Dated Brent + / - Adjustment Factor; $/B)               2011 2010 May Apr Mar Feb Ja...

    Volume: 54
    Issue: 18
    Published at Mon, 02 May 2011
  5. 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: 54
    Issue: 17
    Published at Mon, 25 Apr 2011
  6. 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: 54
    Issue: 17
    Published at Mon, 25 Apr 2011
  7. 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: 54
    Issue: 17
    Published at Mon, 25 Apr 2011
  8. 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: 54
    Issue: 16
    Published at Mon, 18 Apr 2011
  9. 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: 54
    Issue: 16
    Published at Mon, 18 Apr 2011
  10. 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: 54
    Issue: 16
    Published at Mon, 18 Apr 2011
  11. DME Reports Average Of 3,000 Contracts/Day Traded In 1Q 2011

    ...Middle East Economic Survey VOL. LIV No 16 18-Apr-2011 DME Reports Average Of 3,000 Contracts/Day Traded In 1Q 2011 Average daily volumes (ADV) of trading on the Dubai Mercantile Exchange (DME) for DME Oman Crude Oil Futures Contract (DME Oman) stood through the first quarter of 2011...

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

    ...Middle East Economic Survey VOL. LIV No 16 18-Apr-2011 Crude Oil Formulas/Posted Prices ($/B) Kuwait (+ / -  Adjustment Factor; $/B)         2011 2010 May Apr Mar Feb Jan De...

    Volume: 54
    Issue: 16
    Published at Mon, 18 Apr 2011
  13. Saudi Crude Prices Mainly Reduced For May Deliveries

    ...s selling at Dubai plus $0.50-0.60/B in mid-March and Lower Zakum at ADNOC plus $0.40-0.50/B. Earlier in the month, Oman sold at Dubai plus $1.00/B and Murban sold at ADNOC plus $0.15-0.20/B. The formulas for May 2011 and the previous 12 months for deliveries to the US, Europe and the Far Ea...

    Volume: 54
    Issue: 15
    Published at Mon, 11 Apr 2011
  14. Crude Oil Formulas/Posted Prices

    ...Middle East Economic Survey VOL. LIV No 15 8-Apr-2011 Crude Oil Formulas/Posted Prices ($/B) Abu Dhabi ($/B)         2011 2010 Mar Feb Jan Dec Nov Oct Sep Aug Ju...

    Volume: 54
    Issue: 15
    Published at Mon, 11 Apr 2011
  15. WTI Crude Tops $106/B With Continued Fighting In Libya 

    ...terview with the Financial Times on 30 March, Fatih Birol, chief economist at the International Energy Agency in Paris said high oil prices had begun to hurt the global economy and expressed his concern for the economies of the OECD countries, especially Europe. He noted that OPEC revenues during 2011 wo...

    Volume: 54
    Issue: 14
    Published at Mon, 04 Apr 2011
  16. Japanese Crude Oil Imports For February Decline From Previous Month

    ...nistry of Economy, Trade and Industry (METI) on 31 March. Year-on-year, Japan’s February 2011 crude imports rose by 3.38% from 3.757mn b/d in February 2010. Crude oil imports from the Middle East declined by 0.60% in February to 3.474mn b/d compared to 3.495mn b/d in January. Year-on-year, Japan’s im...

    Volume: 54
    Issue: 14
    Published at Mon, 04 Apr 2011
  17. Saudi LPG Prices Raised For April Deliveries

    ...ange Propane Butane Change Propane Butane 2009 1 Jan 380.00 380.00 2010 1 Jan 740.00 735.00 2011 1 Jan 935.00 920.00 1 Feb 50...

    Volume: 54
    Issue: 14
    Published at Mon, 04 Apr 2011
  18. Crude Oil Formulas/Posted Prices

    ...Middle East Economic Survey VOL. LIV No 14 1-Apr-2011 Crude Oil Formulas/Posted Prices ($/B) Oman ($/B) 2011 2010 May Apr Mar Feb Jan Dec Nov Oct Sep Au...

    Volume: 54
    Issue: 14
    Published at Mon, 04 Apr 2011
  19. Crude Oil Prices Move Higher As MENA Unrest Spreads

    ...7/B in mid-July 2008 right before the onset of the global economic downturn. Barclays Capital on 24 March announced that it was revising its crude oil price forecasts for 2011. “Our 2011 forecasts are now $106/B for WTI (previously $91/B) and $122/B for Brent (previously $91/B),” the bank said in...

    Volume: 54
    Issue: 13
    Published at Mon, 28 Mar 2011
  20. CGES Warns That Rising Prices Threaten Repeat Of 2008 Oil Market Collapse

    ...ded that what OPEC producers with spare capacity are doing is far from clear and stated that the market is in desperate need of transparency. CGES said its supply/demand balance suggests that the world will need 30.3mn b/d of crude oil from OPEC in the second quarter of 2011, just to keep qu...

    Volume: 54
    Issue: 13
    Published at Mon, 28 Mar 2011