Financial and Commodity Markets

The “first” continent coin and I’m smitten

U.S. crude oil refinery inputs averaged about 15.6 million barrels per day during the week ending October 3, 2014, 135,000 barrels per day…

Oil & Gas News Asian buyers of Iranian oil have reduced their purchases of the nations crude by 15% in 2013, with shipments only expected…

Oil & Gas News Libya’s deputy oil minister has said crude exports are down by 60% due to the shutdown of major ports in the country.

Oil & Gas News Iraqi Deputy PM for Energy says Iraq will take action if Kurdish oil exported before export deal reached and says Kurdish…

Oil & Gas News Morgan Stanley sceptical ‘blow-out’ in WTI-Brent is imminent and sees narrowing of WTI-Brent instead of widening.

First build of the year on increased imports and decreased refinery use

Oil & Gas News Iran is exaggerating its crude oil export figures and won’t be allowed to sell more than 1mln bpd over the next six months…

Oil & Gas News Bank of America says WTI to test USD 100 amid a tight market.

Oil & Gas News Russian oil production at 10.7mln bpd in 2014, rising 90,000bpd (ABN AMRO) China’s oil demand may rise by 350,000 bpd in…

Oil & Gas News OPEC crude output rose 310,000 bpd to 29.82mln

WTI Mar 14 continues to rally

Oil & Gas News Morgan Stanley say Brent to average USD 103/bbl in 2014 on higher supply.

Oil & Gas News Iran expects agreement with OPEC on oil quotas according to Zarif.

huge 7.7mmB draws

possible rally toward 95.85-96.25 coming

Oil & Gas News Russia’s February oil export duty set to fall 3.7%

Oil & Gas News OPEC pumped 29.72 mln bpd of crude oil in December vs 29.70

Oil & Gas News Iran to ask OPEC to cut output if price falls sharply, oil ministry’s news website Shana cites minister, Bijan Namdar…

another 2.68mmB draw

Oil & Gas News Iran has set the official selling price (OSP) of its Iranian Light grade for Asian buyers at USD 2.66

Oil & Gas News Kuwait sets February crude OSP to Asia at OMAN/DUBAI minus USD 0.30/bbl,

Oil & Gas News The pace of US oil production growth will begin to slow in 2015, even as global demand continues to rise, allowing OPEC to…

Oil & Gas News - North Sea Brent oil loadings are set to rise in February to 107,000bpd, up from 97,000bpd planned in January, according…

Oil & Gas News Libya have resumed oil output at El Sharara after protests, with production of as much as 600,000bpd possibly being…