Energy Intelligence Briefing articles from August 2008

Energy Intelligence Briefing archives from August 2008

Saudi oil prices reflect changing refining conditions.
August 6, 2008... NEW YORK -- Refiners disputed the odd price for Saudi Arabian September loading grades but overall judged that the new price formulas for next month were in line with changing refining conditions. Traders said on Tuesday that the tightening of...

Iran comes to the rescue for constricted Azerbaijan.
August 19, 2008... LONDON -- Deprived of its regular export routes due first to an explosion along the Turkish stretch of the Baku-Tbilisi-Ceyhan (BTC) pipeline in Turkey and then, just days later, as a result of Russia's invasion of Georgia, 1 million barrel per...

Market mind-set swims south in North Sea, elsewhere.
August 20, 2008... LONDON -- There appears to have been a change in the underlying perception of prevailing market forces. The widespread concern about a potential future shortage of supply that was the dominant factor behind rising prices may now be taking...

High taxes continue to pin Russian loadings.
August 29, 2008... MOSCOW -- After a particularly low export program in August, Moscow is preparing for a modest boost of 65,000 barrels per day to seaborne loadings in September, according to the finalized port loading programs set out this week by Russian state...

Gustav storm threat stirs memories of Katrina-Rita.
August 29, 2008... NEW YORK -- As Hurricane Gustav moves into striking distance of the US Gulf of Mexico's oil and gas production facilities and onshore refining, pipeline and electricity infrastructure, market participants are trying to decide how seriously to...

Angolan Q3 loadings leave big upside for growth.
August 29, 2008... LONDON -- Purveyors of October loading Angolan crudes report brisk business, fueled by strong appetites for fuel-oil-rich grades, and lower prices and freight costs. Sellers have cleared most of their cargoes early for this time of month and at...