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Business & Financial News

North Sea Pipeline Closure 'Could Have Significant Impact on Consumers'
12/13/2017 - Weeks-long closure after discovery of hairline crack has lead to concerns over how higher prices could affect consumers during cold snap. The closure of a major North Sea Forties pipeline after a crac...

Asian Product Market - November 2017
12/12/2017 - Asian product crack spreads in October are on a gradual downward trend, despite solid regional demand and some support from naphtha and ongoing refinery maintenance work offset by supply side pressure...

OPEC Reference Basket - November 2017
12/10/2017 - Amid continuing bullish oil market fundamentals, the ORB monthly value firmed above $55.50/b in October to its highest in almost two-and-a-half years. Throughout the month, prices have been bolstered ...

US Economy - November 2017
11/30/2017 - Underlying economic growth in the US is showing continued strength, with 3Q17 GDP reaching growth of 3.0% q-o-q at a seasonally adjusted annualised rate (SAAR) in the first of three estimates. This gr...

OPEC & Russia Agree Oil Cut Extension to End of 2018
11/30/2017 - OPEC and non-OPEC oil giant Russia agreed to extend production cuts until the end of 2018. The move was heavily telegraphed ahead of the decision, but the oil producers had earlier indicated they coul...

Kuwait and UAE Oil Demand - November 2017
11/29/2017 - Oil requirements also increased in Kuwait and the UAE by 3% and 2%, respectively, y-o-y as growth in the transportation fuels appeared to be the main source of support in both countries. ...

Non-OPEC Oil Supply Highlights in 2018 - November 2017
11/21/2017 - Non-OPEC supply in 2018 was revised down by 94 tb/d compared to last month’s analysis to average 58.54 mb/d, and now is expected to grow at a slower pace, which was also revised down by 71 tb/d to 0.8...

India Oil Trade - November 2017
11/20/2017 - In September, India’s crude imports dropped from a month earlier by a slight 22 tb/d, to average 4.3 mb/d. Y-o-y, crude imports reflect a drop of 57 tb/d, or 2%. India’s refining throughput remained f...

EU Plus Norway Stock Movements - November 2017
11/16/2017 - Preliminary data for September showed that total European stocks fell by 11.8 mb reversing the build of last two months. At 1,133 mb, European stocks were 16.2 mb, or 1.4%, lower than the same time a ...

Refinery Margins - November 2017
11/15/2017 - US product markets received very strong support in the previous months on the back of significantly higher US gasoline demand. However, with the end of the driving season in the US, the typical season...

 
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 Oil Market
Oil Market Highlights - November 2017
Recent Developments in Global Oil Inventories - November 2017
Crude Oil Price Movements - November 2017
Commodity Markets - November 2017
World Economy - November 2017
World Oil Demand - November 2017
World Oil Supply - November 2017
Product Markets and Refinery Operations - November 2017
Tanker Market - November 2017
Oil Trade - November 2017
Stock Movements - November 2017
Balance of Supply and Demand - November 2017

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