Financials and Investment News

Caspian and China Oil Supply – December 2012
Caspian and China Oil Supply – December 2012 Kazakhstan >> 1/3/2013 - Kazakhstan’s oil output is expected to average 1.58 mb/d in 2012, a decline of 20 tb/d from the previous year and unchanged from the previous month. The minor decline comes on the back of limited new ...
Middle East Oil Supply - December 2012
Middle East Oil Supply - December 2012 Syria >> 1/2/2013 - Middle East oil supply is estimated to average 1.51 mb/d in 2012, a decline of 0.18 mb/d from the previous year and indicating a downward revision of 20 tb/d compared to the previous MOMR. This revisi...
Replacement - Banking Waivers & Contracts Update
United Arab Emirates >> 1/2/2013 - Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, makes an announcement with a further update on k...
US Stock Movements
US Stock Movements Austria >> 1/1/2013 - US total commercial oil stocks fell in November for the second consecutive month, by 6.4 mb, to stand at 1,092.5 mb/d. Despite this stock-draw, they were 16.7 mb or 1.6% above the same period a year a...
Max Petroleum Close Sberbank Facility
Kazakhstan >> 12/31/2012 - Max Petroleum, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce today it has completed the initial closing of its US$90 million senior credit facility wi...
Developing Countries Oil Demand in December 2012
Developing Countries Oil Demand in December 2012 India >> 12/31/2012 - The effect of India’s total massive power shutdown was seen in the country’s diesel demand for three months in the row. However, the end of the summer season, along with the stabilization of electrici...
OECD Pacific Oil Demand in December 2012
OECD Pacific Oil Demand in December 2012 Japan >> 12/29/2012 - For Japan, the latest monthly data for October shows increasing consumption of crude and residual fuel oil direct use. However, these increases were considerably lower than in previous months. This wa...
Asia Oil Supply – December 2012
Asia Oil Supply – December 2012 Malaysia >> 12/28/2012 - Asia’s oil supply is expected to average 3.61 mb/d in 2012, the lowest annual level since 1994 and depicting a decline of 20 tb/d from the previous year, albeit unchanged from the previous month. Amon...
Asia Pacific Oil Supply - December 2012
Asia Pacific Oil Supply - December 2012 Australia >> 12/26/2012 - Total OECD Asia Pacific oil output is expected to increase by 30 tb/d in 2012 to average 0.60 mb/d, denoting an upward revision of 15 tb/d from the previous month. On a quarterly basis, its supply in ...
OPEC Reference Basket in December 2012
OPEC Reference Basket in December 2012 Austria >> 12/25/2012 - In line with global crude oil prices, the monthly average price of the OPEC Reference Basket slipped for a second month in a row in November, despite a late-month improvement in the global figure. Lin...
US Oil Supply – December 2012
US Oil Supply – December 2012 Austria >> 12/25/2012 - US oil production is estimate to increase by 0.81 mb/d in 2012, the largest growth among all the non-OPEC countries and the largest in US history, to average 9.85 mb/d, constituting an upward revision...
Middle East Oil Demand in December 2012
Middle East Oil Demand in December 2012 Saudi Arabia >> 12/24/2012 - Saudi oil demand bounced back to its usual double-digit growth in October, at 13.7% y-o-y. The ‘summer effect’ is seen in the country’s oil demand in October, when powerplants use up an abundant amoun...
Forecast for Balance of Supply and Demand for 2013– Dec 2012
Forecast for Balance of Supply and Demand for 2013– Dec 2012 Austria >> 12/24/2012 - Demand for OPEC crude for 2013 remains unchanged from the previous report to stand at 29.7 mb/d. This represents negative growth of 0.4 mb/d, compared with 2012. Within the quarters, the first, second...
Iraq Says to Withold Payments for Kurdish Oil
Iraq >> 12/22/2012 - Iraq will not pay oil companies operating in Kurdistan because the autonomous region has failed to export the volume of crude it pledged to, a spokesman for Hussain al-Shahristani, Iraq's deputy prime...
The Sweet/Sour Crude Spread in November 2012
The Sweet/Sour Crude Spread in November 2012 Austria >> 12/22/2012 - In Asia, the widened Tapis/Dubai spread witnessed earlier in November, amid increasing deterioration in fuel oil cracking margins, started to narrow late in the month. Renewed South Sudanese exports a...
Forecast for Balance of Supply and Demand for 2012
Forecast for Balance of Supply and Demand for 2012 Austria >> 12/19/2012 - Demand for OPEC crude for 2012 remains unchanged from the previous report, as demand and non-OPEC supply have seen only minor adjustments. Within the quarters, the first, second and fourth quarters ex...
Canada and Mexico Oil Supply – December 2012
Canada and Mexico Oil Supply – December 2012 Canada >> 12/17/2012 - Canada’s oil output is expected to grow by 0.19 mb/d in 2012 to average 3.75 mb/d, constituting a downward revision of 40 t/d from the previous MOMR. This revision came about in the second half, due t...
Tasweeq Sells February Al-Shaheen at Higher Premiums
Qatar >> 12/17/2012 - Qatar International Petroleum Marketing Co, or Tasweeq, sold al-Shaheen crude for February loading at higher premiums than the previous month, traders said. ...
Trends in Selected Commodity Markets – November 2012
Trends in Selected Commodity Markets – November 2012 Austria >> 12/17/2012 - For November, commodity prices reported diverse trends. Energy and non-energy prices declined by 1.6% and 2.0% m-o-m respectively. Food prices dropped by 1.9% m-o-m, base metals fell by 3.3% and gold ...
Investment Flows into Commodity Markets in November 2012
Investment Flows into Commodity Markets in November 2012 Austria >> 12/16/2012 - The total open interest volume (OIV) in major commodity markets in the USA declined slightly to 8,255,908 contracts in November from 8,262,448 contracts in the previous month. Except for livestock, al...

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