| Middle East Oil Supply - May 2013 |
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OM >> 5/23/2013 - Middle East oil supply is believed remain steady in 2013 and drop 10 tb/d to average 1.49 mb/d, representing a downward revision of 10 tb/d from the previous month. This revision comes from Syria as u...
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| US Oil Supply – May 2013 |
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AT >> 5/22/2013 - US oil production is forecast to increase by 0.59 mb/d to average 10.63 mb/d in 2013, the highest growth among all non-OPEC countries. This strong growth represents an upward revision of 60 tb/d from ...
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| China Oil Trade - April 2013 |
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CN >> 5/21/2013 - China’s crude oil imports rose slightly in March by 10 tb/d or 0.2% to average 5.5 mb/d, while refineries registered lower crude runs. In an annual comparison, crude imports dropped by 119 tb/d or 2% ...
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| Saudis Cut March Crude Exports |
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SA >> 5/19/2013 - Saudi Arabia, Kuwait, and Venezuela reduced crude oil exports in March from the previous month while West African members of the Organization of Petroleum Exporting Countries increased shipments, acco...
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| US Oil Trade in April 2013 |
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AT >> 5/20/2013 - According to preliminary data, US crude oil imports in April were almost stable compared with last month’s level, averaging 7.7 mb/d, though they lost 870 tb/d or 10% over last year. Year-to-date, US ...
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| India Oil Trade in April 2013 |
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IN >> 5/17/2013 - India’s crude oil imports dropped In March both on a monthly and on an annual basis. The drop is equal to 75 tb/d or 2% m-o-m, while y-o-y it saw a slight decline of 9 tb/d or 0.3%, to average 3.60 mb...
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| Asia Pacific Oil Supply - May 2013 |
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AU >> 5/18/2013 - OECD Asia Pacific supply is foreseen to decline by 30 tb/d to average 0.50 mb/d in 2013, indicating a downward revision of 20 tb/d compared to the previous month. The downward revision came on the bac...
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| Protesters Halt Oil Exports from Libyan Terminal Again |
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LY >> 5/15/2013 - Oil exports from Libya's eastern port of Zueitina have been halted by protesters who stormed the terminal, forcing workers to leave their positions, three industry sources on Wednesday. ...
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| FSU Oil Trade in April 2013 |
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RU >> 5/15/2013 - In March, total crude oil exports from the FSU declined by 57 tb/d or 0.9% to average 6.4 mb/d. Crude exports through the Russian pipeline increased by 62 tb/d or 1.5% to average 4.1 mb/d, while crude...
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| South Sudan Resumes Oil Exports through Sudan |
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SS >> 5/7/2013 - South Sudan's first oil export shipment since January 2012 has reached Sudan, state news agency SUNA said, in the latest sign of a thaw between the longtime foes. The African neighbours agreed in Marc...
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| Oil Trade - May 13 |
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AT >> 5/12/2013 - USA
According to preliminary data, US crude oil imports in April were almost stable
compared with last month’s level, averaging 7.7 mb/d, though they lost 870 tb/d or 10%
over last year....
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| World Oil Demand - May 13 |
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AT >> 5/12/2013 - World oil demand
The latest estimates based on preliminary data for the first quarter of 2013 indicate
that the increase in world oil demand was lower than projected in last month’s MOMR....
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| Crude Oil Price Movements - May 13 |
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AT >> 5/12/2013 - OPEC Reference Basket
The OPEC Reference Basket (ORB) dipped by more than 5% for the second month in a
row in April. However, it continued to average above $100/b, supported by the lesser...
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| Asia Oil Supply – April 2013 |
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IN >> 5/12/2013 - Asia’s oil production is expected to remain steady in 2013, compared with last year, with a minor increase of 30 tb/d to average 3.65 mb/d, representing an upward revision of 25 tb/d from the previous...
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| Caspian and China Oil Supply – April 2013 |
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AZ >> 5/10/2013 - Kazakhstan’s oil output is expected to increase by 80 tb/d to average 1.67 mb/d in 2013, indicating an upward revision of 15 tb/d from the previous MOMR. This revision came on the back of updated prod...
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| FSU and Russia Oil Supply – April 2013 |
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RU >> 5/8/2013 - Total FSU oil supply is expected to increase by 110 tb/d to average 13.41 mb/d in 2013, indicating an upward revision of 25 tb/d from last month. This minor revision came from Russia’s and Kazakhstan’...
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| Petrochemical Companies Authorized To Start Exports |
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IR >> 5/4/2013 - Manager of production Department at National Petrochemical Company (NPC) has said that Market Regulating Committee has permitted exports of one million tons of petrochemical and polymeric products ove...
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| Iraq's Oil Exports Rise 7.6 Pct in April on Month |
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IQ >> 4/30/2013 - Iraq's oil exports rose in April to 2.6 million barrels per day (bpd), the country's oil minister said on Tuesday, helping to keep global markets well supplied as shipments from regional rival Iran ar...
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| China Oil Demand in April 2013 |
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CN >> 5/2/2013 - The growth in Chinese oil demand in February, at 1.9% y-o-y, was much lower than that experienced during the previous four months, after January, for example, had recorded growth of almost 7%. The oil...
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| Africa Oil Supply - April 2013 |
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SD >> 5/2/2013 - Africa’s oil supply is projected to increase by 50 tb/d in 2013 to average 2.37 mb/d, indicating an upward revision of 35 tb/d from the previous MOMR. Upward revisions were introduced for Sudan and So...
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| Libya to Help Ease Egypt Crisis with $1.2 Bln Oil Deal |
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EG >> 4/28/2013 - Libya will soon start shipping oil to neighbouring Egypt on soft credit terms, two senior Libyan officials said, as Cairo struggles to pay for energy imports and avoid fuel shortages. ...
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| Middle East Oil Supply - April 2013 |
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BH >> 4/29/2013 - The Middle East’s oil production is expected to remain steady in 2013 and average 1.50 mb/d, indicating a downward revision of 10 tb/d from the previous month. This adjustment came from Bahrain, while...
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| Iraq Kurdistan Doubles Oil Exports, Shuns Baghdad |
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IQ >> 4/23/2013 - Iraqi Kurdistan's oil exports to world markets, deemed illegal by Baghdad, have doubled since the start of the year and flows from the autonomous region are set to rise higher still. ...
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| US Oil Supply – April 2013 |
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AT >> 4/25/2013 - US oil supply is seen to increase by 0.57 mb/d to average 10.58 mb/d in 2013, indicating a downward revision of 20 tb/d from the previous MOMR for the annual figure, while growth remained steady. The ...
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| Canada and Mexico Oil Supply – April 2013 |
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CA >> 4/22/2013 - Canada’s oil production is expected to increase by 190 tb/d and average 3.97 mb/d in 2013, representing an upward revision of 10 tb/d from the previous MOMR. This revision partly reflects healthy prod...
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| India Oil Trade in March 2013 |
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IN >> 4/22/2013 - In February, India crude imports averaged 3.6 mb/d, which is 553 tb/d or 13% lower than last month, marking the lowest crude imports since August 2012. On an annual basis, the decline is equal to 21 t...
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| Asia Pacific Oil Supply - April 2013 |
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AU >> 4/21/2013 - OECD Asia-Pacific’s oil production is projected to average 0.51 mb/d in 2013, a decrease of 10 tb/d from the previous year and a downward revision of 145 tb/d from the last MOMR. The downward revision...
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| Japan Oil Trade in March 2013 |
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JP >> 4/20/2013 - Japan’s crude oil imports declined in February by 502 tb/d or 12% to average 3.6 mb/d, reaching the lowest level seen since November 2012. On an annual basis, the crude imports decreased in February b...
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| China Oil Trade - March 2013 |
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CN >> 4/18/2013 - China’s crude oil imports declined in February by 506 tb/d or 8.5% from the previous month to average 5.4 mb/d. Monthly crude exports were the lowest since September 2012.Y-o-y, crude imports saw a si...
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| FSU Oil Trade in March 2013 |
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RU >> 4/17/2013 - In February, total crude oil exports from the former Soviet Union increased by 256 tb/d or 4% to average 6.4 mb/d. Crude exports through Russian pipelines increased by 109 tb/d or 3% to average 4.1 mb...
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| US Oil Trade in March 2013 |
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AT >> 4/15/2013 - In March, preliminary data shows that US crude oil imports increased by around 100 tb/d or 1% from the previous month to average 7.7 mb/d. On an annual basis, this reflects a loss of 1.05 mb/d or 12% ...
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| Saudi Awards Jubail Fuel Oil Tender to SITME |
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SA >> 4/12/2013 - Saudi Arabia, the world's largest oil exporter has awarded up to 400,000 tonnes of cracked fuel oil from its joint venture refinery with Royal Dutch Shell in Jubail to the oil major's Middle East trad...
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| Turkey Depends on Iranian Crude Oil |
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IR >> 4/15/2013 - Turkey will not stop importing Iranian crude oil, Turkish minister of energy and natural resources said, ISNA reported. Talking about Turkey's decision not to halt purchasing Iranian crude oil, Taner ...
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| Bottlenecks Put Brakes on Iraq's Oil Export Growth |
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IQ >> 4/11/2013 - Pipeline bottlenecks at Iraq's southern ports are preventing OPEC's second-biggest producer from increasing oil exports, even while it offers competitive pricing that is attracting rising demand. ...
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| Oil Trade - Apr 13 |
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AT >> 4/12/2013 - US
In March, preliminary data shows that US crude oil imports increased by around
100 tb/d or 1% from the previous month to average 7.7 mb/d. On an annual basis, this
reflects a loss of ...
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| World Oil Supply - Apr 13 |
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AT >> 4/12/2013 - Non-OPEC
Estimate for 2012
Non-OPEC oil supply is estimated to have averaged 52.96 mb/d in 2012, an increase of
0.50 mb/d over the previous year. This constitutes an overall d...
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| World Oil Demand - Apr 13 |
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AT >> 4/12/2013 - World oil demand
Monthly data that is starting to emerge for the first quarter of 2013 suggests that OECD
demand may be disappointing compared with our previous assessment. However, this
...
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| FSU and Russia Oil Supply – March 2013 |
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RU >> 4/11/2013 - Total FSU oil supply is forecast to grow by 90 tb/d in 2013 to average 13.38 mb/d, pointing to a downward revision of 20 tb/d from the previous month. This revision has had an impact on Azerbaijan’s a...
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| Iran Crude Oil Export Rise |
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IR >> 4/10/2013 - According to International Energy Agency, U.S. and European Union efforts towards hampering Iranian crude oil exports have been manifested futile by Irans crude recent rise of 1.28 million barrels a d...
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| S.Aramco & Exxon Offer up to 90,000T of May Fuel Oil |
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SA >> 4/9/2013 - Saudi Aramco Mobil Refinery Company (SAMREF) is offering up to 90,000 tonnes of high viscosity fuel oil from its 400,000-barrel per day (bpd) Yanbu refinery in May, traders said. ...
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| Unipec Buys 2.1 Million Barrels of Yemen's June Crude |
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YE >> 4/7/2013 - The Supreme Committee on Crude Oil Marketing approved selling 2.1 million barrels of Masila crude oil for loading in June to Unipic Petroleum Company. ...
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| Iraqi Kurdistan Sells First Crude, Defies Baghdad |
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IQ >> 4/5/2013 - The first cargo of Iraqi Kurdistan's crude oil has been sold on the international market, industry sources said, as the autonomous northern region ramps up trade the central government views as illega...
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| Iraq Oil Exports at 2.417 Mln Bpd in March 2013 |
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IQ >> 4/3/2013 - Iraq's total oil production in March was 3.150 million barrels per day and crude exports for the month were 2.417 million bpd, from 2.538 million bpd the previous month, the oil minister said. ...
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| Iraq Seeks to Boost Crude Exports to China |
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IQ >> 4/4/2013 - Iraq is seeking a long-term accord to boost oil exports to China as OPEC’s second-biggest producer increases output from fields operated by companies such as Royal Dutch Shell Plc (RDSA), Oil Minister...
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| Crude Demand Holding Strong in Asia |
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SA >> 4/1/2013 - Saudi Arabian Oil Minister Ali al- Naimi said demand for crude will hold strong from Asian buyers as the U.S. produces more of its own fuel. ...
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| Africa Oil Supply - March 2013 |
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GQ >> 3/30/2013 - Africa’s oil supply is forecast to remain relatively steady in 2013, with a minor increase of 20 tb/d, to average 2.33 mb/d, depicting a downward revision of 45 tb/d from the previous MOMR. This revis...
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| Egypt to Import Libya Oil, Pay Down Energy Debt |
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EG >> 3/27/2013 - Egypt will import 900,000 barrels of oil a month from Libya starting in April and is paying off some of the money it owes to foreign energy firms, its oil minister said, in steps aimed at easing energ...
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| Etra Seeks to Boost Diesel Trade in Turkey |
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TR >> 3/26/2013 - Oil products trader Etra International seeks to expand its business in Turkey as the country’s diesel and bitumen consumption grows. ...
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| HMEL Buys May Basra at Steady Differential |
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IQ >> 3/20/2013 - India's Hindustan Mittal Energy Ltd (HMEL) has bought 2 million barrels of May loading Basra Light at premiums similar to a month ago, industry sources said. ...
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| India Oil Trade in February 2013 |
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IN >> 3/18/2013 - In January, India’s crude imports reached a record high, increasing by 532 tb/d or 15% from the previous month to average 4.1 mb/d; this meant an annual increase of 118 tb/d or 3%. On the product side...
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