1. Oil Prices: Uncertainties, Confusion And Conspiracy

    ...REGIONAL/SAUDI ARABIA Oil Prices: Uncertainties, Confusion And Conspiracy OPEC’s ‘need’ to maintain $100/B-plus sowed the seeds of recent oil price falls. What happens next? By-Paul Stevens* Oil prices have been falling. From 2011 to June 2014 the OPEC basket consistently av...

    Volume: 57
    Issue: 46
    Published at Fri, 14 Nov 2014
  2. Japanese Crude Oil & Condensate Imports, Q3 2014 (‘000 B/D)

    ...2013 2013 2012 2011 Middle East 2,829.1 2,940.7 2,631.7 2,800.2 85.8 +132.4 +5....

    Volume: 57
    Issue: 46
    Published at Fri, 14 Nov 2014
  3. Benchmark Crude Prices ($/B)

    ...13 2012 2011 WTI 74.21 78.24 81.26 84.33 93.13 97.25 103.00 98...

    Volume: 57
    Issue: 46
    Published at Fri, 14 Nov 2014
  4. Iraq Says OPEC ‘Price War’ Partly To Blame For Revenue Fall, $84Bn Deficit

    ...54mn b/d the previous month. The drop coincides with falling global oil prices, which have declined by 30% since June. The result was a whopping $675mn drop in revenues from oil sales in October to $6.241mn, the lowest since February 2011. Maliki Blamed             For Reserve Fund Collapse All th...

    Volume: 57
    Issue: 45
    Published at Fri, 07 Nov 2014
  5. Qatar And China Strengthen Trade And Investment Ties

    ...heme, known as the Renminbi Qualified Foreign Institutional Investor (RQFII), was created in 2011 to allow financial investors to place some of their yuan holdings in China. The UAE joined the scheme in 2012 by signing a three-year currency swap arrangement with China, similar in size to that with Qa...

    Volume: 57
    Issue: 45
    Published at Fri, 07 Nov 2014
  6. Is $90/B The New $100/B For Saudi Arabia?

    ...finery processing gains, grew by more than 4mn b/d from January 2011 to July 2014, of which 3mn b/d was crude oil production growth, the EIA says. During the same period, unplanned supply disruptions grew by 2.8mn b/d, it adds. Supply disruptions averaged 3.2mn b/d in the first seven months of 2014 and pe...

    Volume: 57
    Issue: 45
    Published at Fri, 07 Nov 2014
  7. Egypt Secures Saudi Power Loans

    ...rning additional diesel and fuel oil in power plants to keep pace with rising peak electricity demand. The loans are the latest GCC move to stabilize in a country severely impacted by the Arab Spring of 2011. Saudi Arabia, Kuwait and the UAE provided $12bn of aid, including oil products, after the ou...

    Volume: 57
    Issue: 45
    Published at Fri, 07 Nov 2014
  8. Jordan Looks To Slash Deficit In 2015 Budget

    ...rms. Jordan is currently hosting over 600,000 Syrian refugees, who fled their country after the 2011 uprising which has now morphed into a bloody war. This has severely burdened the kingdom’s economy, leading it to turn to the international community to cope with the extra cost.  Traditionally Jo...

    Volume: 57
    Issue: 45
    Published at Fri, 07 Nov 2014
  9. Chinese Crude Imports January-September 2014 (‘000 B/D)

    ...total vs2013 vs2012 2013 2012 2011 2010 MIDDLE EAST 3,577 3,135 3,...

    Volume: 57
    Issue: 45
    Published at Fri, 07 Nov 2014
  10. US Imports: Gulf Looks To Keep Share Of Shrinking Pie

    ...g-14 Jul-14 2Q14 1Q14 Jan-Aug ‘14 vs2013 vs2012 2013 2012 2011 2010 20...

    Volume: 57
    Issue: 45
    Published at Fri, 07 Nov 2014
  11. Benchmark Crude Prices ($/B)

    ...13 2012 2011 WTI 77.91 81.26 81.76 84.33 93.13 97.25 103.00 98...

    Volume: 57
    Issue: 45
    Published at Fri, 07 Nov 2014
  12. East Med Gas Development: Pipeline Politics Drive Floating Solutions

    ...cosia. Mindful of the geopolitics, Eni (80%) and its partner Kogas (20%) have indicated that they would favor floating LNG (FLNG) for any discovery: the same partnership is already well advanced in pushing FLNG as a solution offshore Mozambique. For Cyprus’ only existing discovery – the 5 tcf 2011 Ap...

    Volume: 57
    Issue: 44
    Published at Fri, 31 Oct 2014
  13. Suez Canal September revenue Dips Following Record august

    ...rth         ‘000t % ‘000t % 2014 2013 2013 2012 2011 2010 Petroleum To...

    Volume: 57
    Issue: 44
    Published at Fri, 31 Oct 2014
  14. IOCS In Tunisia Look To Bureaucratic Debottlenecking

    ...tput since 2010. The aftermath of the 2011 revolution that toppled Ben Ali, saw substantial political instability, as a first government had to make way to a caretaker administration. As a result, exploration rights were not granted, and exploration and production permits not renewed, a serious bl...

    Volume: 57
    Issue: 44
    Published at Fri, 31 Oct 2014
  15. Russia Denies Syria $1bn

    ...plemented by Russian companies. Russia has provided Syria with economic and military aid, as well as political support, since the beginning of the uprising in Syria in early 2011. In particular, together with Syria’s other strategic ally, Iran, it has provided Syria with oil products. Russian credit to...

    Volume: 57
    Issue: 44
    Published at Fri, 31 Oct 2014
  16. GCC Countries Face Up To Falling Oil Prices

    ...porters: Fiscal Breakeven Oil Price ($/B, IMF Estimates)   2011 2012 2013 2014* 2015* Algeria 109.7 12...

    Volume: 57
    Issue: 44
    Published at Fri, 31 Oct 2014
  17. GCC Ramps Up Aid

    ...ve been hard hit by the ongoing economic malaise in the EU, traditionally both the largest source of investment and their key export market. Lebanon and Jordan have been hit by spillovers from the war since 2011 in neighboring Syria. Though overall official external aid to these countries has mo...

    Volume: 57
    Issue: 44
    Published at Fri, 31 Oct 2014
  18. Saudi Arabia: More Refining, More Burn, Less Exports (% Share Of Crude Production)

    ...cond 400,000 b/d plant, Yasref, starting up in late September. >  Increased domestic refining has cut into the crude volumes available for export: crude exports at 6.66mn b/d were the lowest since March 2011. >  Direct crude burning fell by 130,000 b/d to 770,000 b/d in August. But year-to-date vo...

    Volume: 57
    Issue: 44
    Published at Fri, 31 Oct 2014
  19. Benchmark Crude Prices ($/B)

    ...12 2011 WTI 81.12 81.76 82.96 93.13 95.95 97.25 103.00 98.03 94...

    Volume: 57
    Issue: 44
    Published at Fri, 31 Oct 2014
  20. China Seeks Bigger Role In Oil Pricing

    ...formation Agency (EIA) said in a March 2014 report that China overtook the US to become the largest net importer of crude oil and other liquids in the world in September 2013. It also pointed out the 31% rise in US indigenous oil production, mainly from tight oil plays, between 2011 and 2014, compared with ex...

    Volume: 57
    Issue: 43
    Published at Fri, 24 Oct 2014