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Saudi Aramco Raises Propane Price, Reduces Butane
...opane 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 505.00 50...
Volume: 54Issue: 45Published at Mon, 07 Nov 2011 -
Crude Oil Formulas/Posted Prices
...Middle East Economic Survey VOL. LIV No 45 7-Nov-2011 Crude Oil Formulas/Posted Prices ($/B) Abu Dhabi ($/B) 2011 2010 Oct Sep Aug Jul Jun May Apr Mar Fe...
Volume: 54Issue: 45Published at Mon, 07 Nov 2011 -
Crude Prices Gain On Better US Data, European Move To Address Debt Crisis
...ve averaged just under 18.8mn b/d, down by 0.7% compared to the similar period last year. The average world crude oil price on 21 October was $108.84/B, $2.51/B more than last week’s price and $29.49/B above a year ago. Settlement Prices For Benchmark Crudes ($/B) Date 2011 Ny...
Volume: 54Issue: 44Published at Mon, 31 Oct 2011 -
CGES: Oil Prices Stay ‘Stubbornly High’ Despite Sluggish Demand Growth
...e unexpectedly high rates of oil demand growth in 3Q and 4Q10,” CGES said, while OPEC failed to replace the oil lost as a result of the Libyan unrest quickly enough. And in addition to this, the report highlights that non-OPEC oil producers have been faced by a range of problems in 2011 which ha...
Volume: 54Issue: 44Published at Mon, 31 Oct 2011 -
ESAI Sees Russia Changing Crude Export Strategy
...port Russia Comes of Age: Restructured Exports Strengthen Russia’s Hand in Oil Markets, published in mid-October, ESAI said: “In late 2011, Russia is adding 700,000 b/d of export capacity to the Baltic Sea, where it already exports 1.5mn b/d of oil. At the end of 2012, the capacity of the ESPO pi...
Volume: 54Issue: 43Published at Mon, 24 Oct 2011 -
China’s Crude Oil Imports Decline During September
...e August total of 21.04mn b/d and 12.2% below the September 2010 import total of 23.29mn tons. During the January-September 2011 period, China has imported a total of 186.77mn tons of crude oil. Total crude imports during 2010 amounted to 239.31mn tons (4.79mn b/d). China Crude Oil Imports 20...
Volume: 54Issue: 43Published at Mon, 24 Oct 2011 -
Crude Oil Formulas/Posted Prices
...Middle East Economic Survey VOL. LIV No 43 24-Oct-2011 Crude Oil Formulas/Posted Prices ($/B) Iraq (+/- Adjustment Factor; $/B) 2011 2010 Nov Oct Sep Aug Jul Jun May Apr Ma...
Volume: 54Issue: 43Published at Mon, 24 Oct 2011 -
OPEC Revises Down 2H11 Demand Projection
...Middle East Economic Survey VOL. LIV No 42 17-Oct-2011 OPEC Revises Down 2H11 Demand Projection OPEC has revised down projections for global demand growth in 2011 by 180,000 b/d and shaved off its projection for demand growth next year. But the headline annual figures mask a ma...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
IEA Again Reduces Demand Forecast As Global GDP Slumps
...Middle East Economic Survey VOL. LIV No 42 17-Oct-2011 IEA Again Reduces Demand Forecast As Global GDP Slumps The International Energy Agency (IEA) has again reduced its global crude oil demand projection, this month by 50,000 b/d for 2011 and 210,000 b/d for 2012, on the basis of...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
EIA Says Market Easing, But Supply Uncertainty And Economic Worries Complicate Picture
...ntinuing growing from 87.1mn b/d in 2010 to 88.4mn b/d in 2011 and 89.8mn b/d in 2012. In the latest issue of its Short-Term Energy Outlook, released on 12 October, the EIA forecast that demand in OECD countries would decline in both 2011 and 2012, while demand in China and other emerging economies wo...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
Crude Oil Formulas/Posted Prices
...Middle East Economic Survey VOL. LIV No 42 17-Oct-2011 Crude Oil Formulas/Posted Prices ($/B) Kuwait (+ / - Adjustment Factor; $/B) 2011 2010 Nov Oct Sep Aug Jul Ju...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
Oil Prices Rally As Europe Moves To Stem Economic Slide
...ntiment is notoriously fickle and, more fundamentally, we believe that too much damage has already been done to business and consumer confidence; this should feed through to the real economy.” He said Société Générale sees a price of $98/B for Brent and $73/B for WTI in the fourth quarter of 2011 and fi...
Volume: 54Issue: 41Published at Mon, 10 Oct 2011 -
OPEC Supply Steady As Challenging Fundamentals Threaten Oil Market Status Quo
...oduction September 2010 – September 2011 (MEES Estimates – ‘000 B/D) 2011 2010 Sep Aug Jul Jun May Apr Mar Feb Jan Dec Nov Oct Sep Al...
Volume: 54Issue: 41Published at Mon, 10 Oct 2011 -
Japanese Crude Oil Imports Remain At 3.5Mn B/D During August
...onomy, Trade and Industry (METI) on 30 September. Year-on-year imports declined by 2.51% from 3.594mn b/d in August 2010. Monthly crude oil imports from the Middle East fell to 2.902mn b/d, down by 8.01% from 3.155mn b/d in July 2011 and down by 4.83% from 3.049mn b/d in August 2011. Saudi Arabia re...
Volume: 54Issue: 41Published at Mon, 10 Oct 2011 -
Saudi Crude Prices Increased For Asia, Reduced For US And Europe
...13/B in early September. The formulas for November 2011 and the previous 12 months for deliveries to the US, Europe and the Far East – on an FOB Saudi Arabia basis, 50 days after B/L for the US, 40 days after B/L for NW Europe, and B/L date to the Far East – are as follows ($/B): US (Pr...
Volume: 54Issue: 41Published at Mon, 10 Oct 2011 -
Crude Oil Formulas/Posted Prices
...Middle East Economic Survey VOL. LIV No 41 10-Oct-2011 Crude Oil Formulas/Posted Prices ($/B) Oman ($/B) 2011 2010 Nov Oct Sep Aug Jul Jun May Apr Mar Fe...
Volume: 54Issue: 41Published at Mon, 10 Oct 2011 -
Saudi LPG Prices Reduced For October
...tane Change 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 Fe...
Volume: 54Issue: 40Published at Mon, 03 Oct 2011 -
CGES Says Short Supply And Stockcover Keeping Crude Prices High
...ventories fell at an average rate of over 1.2mn b/d during the second half of 2010 and continued to fall in the first quarter of 2011,” it reported, adding that commercial inventories outside China, the FSU and Eastern Europe could before winter stand at less than 45 days worth of forward demand – “back at...
Volume: 54Issue: 39Published at Mon, 26 Sep 2011 -
Crude Oil Formulas/Posted Prices
...Middle East Economic Survey VOL. LIV No 39 26-Sep-2011 Crude Oil Formulas/Posted Prices ($/B) Nigeria (Dated Brent + / - Adjustment Factor; $/B) 2011 2010 Oct Sep Aug Jul Jun Ma...
Volume: 54Issue: 39Published at Mon, 26 Sep 2011 -
Crude Prices Strengthen With Plan To Bolster Eurozone
...id member countries would exercise flexibility in re-establishing their emergency stock levels through 2011-12. The action required none of the members to go below the 90-day stockholding requirements, the IEA statement said. In its Weekly Petroleum Status Report, released on 14 September, the En...
Volume: 54Issue: 38Published at Mon, 19 Sep 2011