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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: 55Issue: 27Published at Mon, 02 Jul 2012 -
CGES Says Saudi Arabia Has ‘Free Hand’ Over Output After OPEC Meeting
...e 18 June Monthly Oil Report, CGES says oil prices have fallen by almost 25% from their recent mid-March peak of nearly $128/B and slipped below $100/B at the beginning of June for the first time since February 2011. “What happens to oil prices over the next six months,” says the report, “is largely in...
Volume: 55Issue: 26Published at Mon, 25 Jun 2012 -
Crude Oil Formulas/Posted Prices ($/B)
...L PRICES/OPEC Crude Oil Formulas/Posted Prices ($/B) Nigeria (Dated Brent + / - Adjustment Factor; $/B) 2012 2011 Jul Ju...
Volume: 55Issue: 26Published at Mon, 25 Jun 2012 -
BP Sees OPEC Oil Smoothing Market In ‘Year Of Disruptions’
...PPLY DEMAND BP Sees OPEC Oil Smoothing Market In ‘Year Of Disruptions’ BP’s Statistical Review Of World Energy 2012 describes 2011 as “a year of disruptions,” in which political upheaval and natural disasters translated into huge and unpredictable disruptions in the global energy system. Ye...
Volume: 55Issue: 25Published at Mon, 18 Jun 2012 -
OPEC Keeps Steady Hand Despite Worsening Indicators
...rmer some 9.1mn barrels higher than at the same time last year. Demand for OPEC crude is still projected to be around 100,000 b/d down on last year at 29.94mn b/d. OPEC’s Summarized Oil Supply/Demand Balance For 2011 (Mn B/D) 20...
Volume: 55Issue: 25Published at Mon, 18 Jun 2012 -
IEA Reduces 2012 Demand Estimate To 89.9Mn B/D Amid Economic Concerns
...December 2011 and 2.8mn b/d above May 2011 levels, the report said. The first quarter of 2012 “saw an implied global stock build of over 1mn b/d and supply is on track to exceed underlying global products demand by over 2mn b/d” during the second quarter of this year, it stated. With crude prices no...
Volume: 55Issue: 25Published at Mon, 18 Jun 2012 -
Global Market Loosens With Crude Production Boost, Says EIA
...rm Energy Outlook, released on 12 June. Output is forecast to exceed consumption during the second quarter by 1.2mn b/d. Higher production and declining demand has allowed for a counter-seasonal stock build during the first quarter of 2012, compared to significant stock draws during 2011. “Industry an...
Volume: 55Issue: 25Published at Mon, 18 Jun 2012 -
Crude Oil Formulas/Posted Prices ($/B)
...L PRICES/OPEC Crude Oil Formulas/Posted Prices ($/B) Kuwait (+ / - Adjustment Factor; $/B) 2012 2011 Jul Jun Ma...
Volume: 55Issue: 25Published at Mon, 18 Jun 2012 -
IEA Sees Middle East Gas Expansion Serving Only Regional Needs In Medium Term
...untries actually face shortages. Growth in Middle Eastern gas production will slow considerably over the coming five years, with the build-up from an estimated 516bn cu ms in 2011 to 588 bcm in 2017 much slower in the absence of the expansion of LNG export capacity in Qatar and difficulties in developing th...
Volume: 55Issue: 24Published at Mon, 11 Jun 2012 -
Saudi Crude Price Adjustments For July Mixed
...d B/L date to the Far East – are as follows ($/B): US (Price Reference ASCI) 2012 2011 Jul Jun May Ap...
Volume: 55Issue: 24Published at Mon, 11 Jun 2012 -
Crude Oil Formulas/Posted Prices ($/B)
...L PRICES/OPEC Crude Oil Formulas/Posted Prices ($/B) Abu Dhabi ($/B) 2012 2011 May Apr Mar Fe...
Volume: 55Issue: 24Published at Mon, 11 Jun 2012 -
Japan’s Crude Imports Decline 6.6% In April To 3.931Mn B/D
...209mn b/d and a 10.2% year-on-year increase from 3.567mn b/d in April 2011. April imports from the Middle East averaged 3.268mn b/d, down by 5.3% from 3.452mn b/d in March, but up by 8.4% from 3.013mn b/d in April 2011. Saudi Arabia remains Japan’s main crude oil supplier, delivering 1.072mn b/d in April co...
Volume: 55Issue: 23Published at Mon, 04 Jun 2012 -
Saudi LPG Prices Cut By $130/Ton For June
...opane Butane 2010 1 Jan 740.00 735.00 2011 1 Jan 935.00 920.00 2012 1 Ja...
Volume: 55Issue: 23Published at Mon, 04 Jun 2012 -
Crude Oil Formulas/Posted Prices ($/B)
...L PRICES/OPEC Crude Oil Formulas/Posted Prices ($/B) Oman ($/B) 2012 2011 Jul Jun May Ap...
Volume: 55Issue: 23Published at Mon, 04 Jun 2012 -
CGES Says Saudi Output Hike Aimed At Avoiding Oil Price Spike Over Iran Embargo
...12 4Q12 2010 2011 2012 World Oil Demand 89.2 89.5 89.1 88.3 90.0 90...
Volume: 55Issue: 22Published at Mon, 28 May 2012 -
China’s Crude Oil Imports Reduced In April
...55mn b/d) in March. Saudi Arabia was the largest crude oil supplier to China during April at 4.38mn tons (1.066mn b/d), followed by Angola, Russia and Iran. Imports from the latter averaged 388,000 b/d. China Crude Oil Imports 2011-12 20...
Volume: 55Issue: 22Published at Mon, 28 May 2012 -
Crude Oil Formulas/Posted Prices ($/B)
...OPEC/OIL PRICES Crude Oil Formulas/Posted Prices ($/B) Algeria (Dated Brent + / - Adjustment Factor; $/B) 2012 2011 Jun Ma...
Volume: 55Issue: 22Published at Mon, 28 May 2012 -
IEA Sees Global Demand Rising To 90Mn B/D During 2012
...r 2011 oil consumption. The Paris-based agency said non-OECD countries would account for all of the growth, with demand rising from 43.5mn b/d to 44.8mn b/d, and that demand in OECD countries would fall from 45.6mn b/d to 45.2mn b/d. The IEA said data for the month “paints a marginally ti...
Volume: 55Issue: 21Published at Mon, 21 May 2012 -
Global Markets To Remain Tight Through 2012, Says EIA
...y. World liquid fuels consumption increased by some 800,000 b/d in 2011, the EIA said, adding that consumption is seen as growing by 1.0mn b/d in 2012 and by 1.2mn b/d in 2013. China, the Middle East, South America and other countries outside the OECD will account for essentially all consumption gr...
Volume: 55Issue: 20Published at Mon, 14 May 2012 -
Saudi Crude Prices Raised To West, Reduced For Far East
...ter B/L for NW Europe, and B/L date to the Far East – are as follows ($/B): US (Price Reference ASCI) 2012 2011 Jun May Ap...
Volume: 55Issue: 20Published at Mon, 14 May 2012