Energy Intelligence Briefing articles from April 2007

Energy Intelligence Briefing archives from April 2007

Climate change and high price hurt global oil demand.
April 4, 2007... NEW YORK -- With spring arriving early in most Northern Hemisphere countries and consumers saving energy not only to combat high oil prices but also, increasingly, global warming, the world's oil demand increase was held to a moderate 0.6%...

Rising Iraqi exports are boosting Opec crude supplies.
April 11, 2007... NEW YORK -- Iraq's State Oil Marketing Organization (Somo) has scheduled exports of 1.69 million barrels per day in April, slightly below the targeted range of 1.7 million-1.8 million b/d, but 90,000 b/d higher than March exports. At 1.6...

Iraqi loading program for April 2007.
April 11, 2007... Date Vol.[double dagger] Vessel Lifter Dest. 1 1000 Adair Petrogal Portugal 2 2,000 Andromeda Voyager Chevron USG 3 750 ...

Iraqi loading program for March 2007.
April 11, 2007... Date Vol.[double dagger] Vessel Lifter Dest. 2 2,000 Universal Hope Exxon USG 3 2,000 Tiara IOC India 4 2,000 Front Crown NA ...

Hefty oil price swings ignore tenuous market balance.
April 17, 2007... NEW YORK -- In contrast to wide market psychology and weather-driven swings in oil prices, the physical market for crude oil looks remarkably balanced going into the second quarter. Opec production management, though clearly less than perfect,...

Receptive market benefits North Sea's may loadings.
April 23, 2007... LONDON--Front-month Brent crude futures traded a volatile $8.58 per barrel range over the past month, from Mar. 22's $61.01 low to a high of $69.59 on Apr. 13. Though May Brent expired near the high on Apr. 13, it was against a bearish...

Russia boosts loadings for May, pleasing oil traders.
April 30, 2007... MOSCOW -- With the yearly port maintenance work out of the way, Moscow is opening up the taps on crude oil exports, scheduling an 80,000 barrel per day boost to crude sales. State oil pipeline monopoly Transneft has penciled in 3.105 million...

Market compass.
April 30, 2007... LONDON -- Russian Urals differentials over the past month weakened from dated Brent minus $3.50 to a low of minus $4.55 c.i.f. Rotterdam and from minus $3.20 to minus $4.40 c.i.f. Italy under pressure from waning buying interest in response to...

Primorsk crude loading program for May 2007.
April 30, 2007... Date Position holder (producer) Vol.* 30-1 Lukoil, Surgutneftegas 200 1-2 Lukoil (2 cargoes) 200 2-3 TNK-BP Holding ...

Novorossiysk crude loading program for May 2007.
April 30, 2007... Berth 1 Position holder (producer) Vol.* 30-1 Rosneft 145 2-3 TNK-BP Holding 140 4-5 Surgutneftegas ...