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Africa Economy - September 2017
Africa Economy - September 2017 Egypt >> 9/20/2017 - Two large African economies posted encouraging GDP growth in 2Q17. In Nigeria, the GDP saw 0.6% y-o-y growth in 2Q17, following five quarters of recession, according to the National Bureau of Statisti...
Gazprom Neft Undertakes the Company’s Largest Ever Maritime Oil Shipment
Russia >> 9/19/2017 - Gazprom Neft Badra, operator of the Badra field, Iraq, has undertaken the largest ever maritime shipment of oil for export in the company’s history, with 1.78 million barrels of hydrocarbons being des...
Caspian Oil Supply - September 2017
Caspian Oil Supply - September 2017 Azerbaijan >> 9/19/2017 - In Azerbaijan, according to data provided by the Ministry of Energy, oil production averaged 0.82 mb/d in July, almost the same as in June, but lower by 42 tb/d y-o-y. Of this, 0.74 mb/d was crude and...
India Oil Trade - September 2017
India Oil Trade - September 2017 India >> 9/14/2017 - In July, India’s crude imports averaged 4.1 mb/d, which is 222 tb/d, or 5%, lower than the level in previous month. India’s refinery throughput went down slightly from one month before. On an annual b...
The Aftermath of Hurricane Harvey - September 2017
Austria >> 9/12/2017 - The impact of Hurricane Harvey has been particularly damaging to the energy centres of Texas and Louisiana, bringing to mind the destructive impacts of past storms, in particularly Hurricane Katrina ...
World Oil Demand - September 2017
Austria >> 9/12/2017 - In 2017, world oil demand growth was revised higher by around 50 tb/d, primarily as a result of better–thanexpected performance from OECD America and Europe in 2Q17. Hence, world oil demand growth is ...
World Oil Supply - September 2017
Austria >> 9/12/2017 - Preliminary data indicates that world oil supply was down by 0.41 mb/d m-o-m in August to average 96.75 mb/d, higher by 1.66 mb/d, y-o-y. ...
Oil Trade - September 2017
Austria >> 9/12/2017 - In August, preliminary data shows that US crude oil imports increased slightly by 22 tb/d from the previous month to average 8 mb/d. Although preliminary, the data shows that US crude imports in the ...
Saudi to Supply Full Crude Allocations to Most Asian Refiners
Saudi Arabia >> 9/11/2017 - Saudi Arabia will supply full contracted volumes of crude oil to at least five north Asian term buyers in October, while a sixth regional refiner was notified of cuts to its October Arab Extra Light s...
Saudi's Falih Discuss Oil Supply Cuts Extension with Venezuela, Kazakhstan
Saudi Arabia >> 9/10/2017 - Saudi Arabian Energy Minister Khalid al-Falih discussed with his Venezuelan and Kazakh counterparts the possible extension of the global oil supply cut pact beyond March 2018, the Saudi energy ministr...
PDVSA & Chevron Continue Their Trade Relationship
Venezuela >> 9/6/2017 - Constitutional President of Venezuela Nicolas Maduro held a work meeting with Chevron’s President for the Americas and Africa lay Neff, as well as with Chevron’s CEO assistant Ali Moshiri, with the ai...
Crude Oil Export for August 2017
Russia >> 9/5/2017 - In August 2017, SOCAR has exported 254 363 tons from Novorossiysk port and 1 733 484 tons from Ceyhan port. Generally, 988 028 tons of crude oil was exported from Novorossiysk port, 1 579 673 tons fr...
Oil Products Export for August 2017
Azerbaijan >> 9/5/2017 - In August 2017, SOCAR Marketing and Economic Operations Department exported 15 332 tons of diesel fuel, 118 tons of stove oil, 2 073 tons of high-pressure polyethylene, 1 811 tons of absolute isopropy...
Saudi Arabia Oil Demand - August 2017
Saudi Arabia Oil Demand - August 2017 Saudi Arabia >> 9/5/2017 - In Saudi Arabia, the first six months of 2017 indicate a 3.0% y-o-y decline in oil requirements. The main factors behind this are the sluggish volumes for crude direct use, as well as diesel oil, main...
Gazprom Neft is the First of Russia’s Oil Exporters to Become a Market Maker on the Urals Market
Russia >> 9/5/2017 - Gazprom Neft has become Russia’s first vertically integrated oil company (VIOC) to operate directly as a market maker on the St Petersburg International Commodity Exchange (SPMMEX) futures market. As ...
Russia, Saudi Arabia Discussed Extending OPEC-led Deal, No Decision
Saudi Arabia >> 9/5/2017 - Russia and Saudi Arabia have discussed extending an oil output cut deal between OPEC and non-OPEC producers but no specific decisions have been made, the TASS news agency quoted Russian Energy Ministe...
Rosneft & CEFC China Sign Strategic Agreement in Siberia
Russia >> 9/3/2017 - Rosneft and CEFC China Energy Company Limited signed a Strategic Cooperation Agreement and a contract for the supply of Russian crude oil at the 9th BRICS summit. The documents were signed by Igor Sec...
10-Millionth Tonne of Oil Shipped under Gazprom Neft’s Arctic Logistics Scheme
Russia >> 8/30/2017 - The total volume of oil shipped under Gazprom Neft’s logistics scheme in the Russian Arctic has now reached 10 million tonnes, with the latest 100,000-tonne consignment of Novy Port oil being shipped ...
Brazil Oil Supply - August 2017
Brazil Oil Supply - August 2017 Brazil >> 8/29/2017 - Brazilian liquids supply in 2Q17 was revised up by 11 tb/d following an increase of output in June by 20 tb/d m-o-m to average 3.35 mb/d. Preliminary liquids output in July indicates the same level of...
Russia Remains China's Top Oil Supplier for Fifth Month in A Row in July
Russia >> 8/23/2017 - Russia held its spot as China's top crude oil supplier for a fifth month in a row in July, with shipments up 54 percent over a year earlier, data showed on Wednesday. ...

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