Gulf Oil and Gas accountACCOUNT

Accounting, Statistics News in Austria

OPEC Reference Basket - January 2017
OPEC Reference Basket  - January 2017 2/6/2017 - Month-on-month (m-o-m), the ORB ended 2016 nearly 20% higher, or up by $8.45, in December to average above $50/b for the first time in a year-and-a-half. The increase in December was the highest perce...
Oil Market Highlights – January 2017
1/18/2017 - Crude Oil Price Movements
The OPEC Reference Basket jumped nearly 20% in December to $51.67/b, ending above $50/b for the first time in 18 months. In contrast, the Basket’s yearly avera...
Crude Oil Price Movements - January 2017
1/18/2017 - The OPEC Reference Basket (ORB) jumped nearly 20% in December to end above $50/b for the first time in a year-and-a-half at $51.67/b as the oil complex surged after the historic joint OPEC and non-OPE...
The Futures Market Structure - December 2016
The Futures Market Structure - December 2016 1/11/2017 - Amid increasing oversupply, the market structure of Dubai flipped back to contango, while the contango in both Brent and WTI steepened. The light backwardation seen in the Dubai market structure in Oc...
OPEC Reference Basket - December 2016
OPEC Reference Basket  - December 2016 1/3/2017 - In a very volatile month for crude oil, the ORB wiped out almost all its previous month’s gains to end November close to 10% lower. Oil prices trended down sharply a few days after having reached a 15...
The Oil Futures Market – December 2016
The Oil Futures Market – December 2016 12/15/2016 - Crude oil futures were volatile over much of November, driven mainly by questions regarding the implementation of the OPEC adjustment agreement. The sharp increase in oil supplies by OPEC and non-OPEC...
The Futures Market Structure - November 2016
The Futures Market Structure - November 2016 12/14/2016 - Healthy physical Asian demand flattened the Dubai market’s contango structure, while light-sweet eastern Atlantic basin oversupply widened the Bent contango almost twofold. Consecutive weeks of draws ...
Oil Market Highlights – December 2016
12/14/2016 - Crude Oil Price Movements
Crude oil prices were volatile in November, with the OPEC Reference Basket dropping by 10% to $43.22/b. ICE Brent was down by 8.4% at $47.08/b and NYMEX WTI fell...
Crude Oil Price Movements - December 2016
12/14/2016 - November was a volatile month for crude, with the OPEC Reference Basket (ORB) wiping out gains from the previous month to plunge nearly 10% to $43.22/b. Oil prices trended down sharply amid uncertaint...
The Oil Futures Market - November 2016
The Oil Futures Market - November 2016 11/29/2016 - Crude oil futures surged, trading at a 12-month-high, as the market reacted to the Algiers Accord. Crude futures returned above $50/b for the first time since late June, before dipping late in the mon...
OPEC Reference Basket - November 2016
OPEC Reference Basket - November 2016 11/21/2016 - The ORB value improved by almost 12% in October, to its highest monthly average since July 2015. It rallied alongside the oil complex starting at the end of the previous month after an OPEC accord was...
Oil Market Highlights – November 2016
11/11/2016 - Crude Oil Price Movements
The OPEC Reference Basket rose by $4.98 in October, to average $47.87/b. ICE Brent and NYMEX WTI also surged, up by $4.15 and $4.71, to average $51.39/b and $49....
Crude Oil Price Movements - November 2016
11/11/2016 - The OPEC Reference Basket (ORB) improved substantially in October, rising by almost 12% to $47.87/b, its highest monthly average in 15 months. Alongside the oil complex, the ORB rose compared to the p...
The Oil Futures Market – October 2016
The Oil Futures Market – October 2016 10/31/2016 - Both oil futures across the Atlantic edged up in September, being greatly pushed up by a late-month rally in the oil complex. Oil futures had been caught in one of their most volatile couple of weeks ...
Oil Market Highlights – October 2016
10/12/2016 - Crude Oil Price Movements
The OPEC Reference Basket slipped slightly in September to $42.89/b, down 21˘. ICE Brent ended up 8˘ at $47.24/b and NYMEX WTI increased 43˘ to $45.23/b. Crude oi...
Crude Oil Price Movements - October 2016
10/12/2016 - Despite the small improvement in global crude oil benchmarks and price differentials for most light sweet components, the OPEC Reference Basket (ORB) slipped slightly in September to $42.89/b, but was...
OPEC Reference Basket - October 2016
OPEC Reference Basket - October 2016 10/12/2016 - Despite the small improvement in all crude oil benchmarks and price differentials for most light sweet crudes, the ORB ended September slightly lower on average. The reduction in the Official Sellin...
The Oil Futures Market - September 2016
The Oil Futures Market - September 2016 10/5/2016 - M-o-m, the two key oil futures performances were mixed in August as ICE Brent increased slightly, while NYMEX WTI was unchanged. On both sides of the Atlantic, oil futures were mainly supported over t...
Oil Market Highlights – September 2016
9/12/2016 - Crude Oil Price Movements
The OPEC Reference Basket rose 42˘ to $43.10/b in August. ICE Brent ended up 62˘ at $47.16/b, while NYMEX WTI was unchanged at $44.80/b. The Brent/WTI spread wid...
Crude Oil Price Movements - September 2016
9/12/2016 - The OPEC Reference Basket recovered slightly in August at $43.10/b, up 42˘ for the month, and declined around 30% year-on-year.

Month-on-month, crude futures prices were mixed in August as...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
Advertise your Purchasing Requests

For Suppliers
Promote your Products
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.