Energy Intelligence Briefing articles from February 2007

Energy Intelligence Briefing archives from February 2007

January oil demand grows timidly as supply is steady.
February 6, 2007... NEW YORK -- Global oil demand showed a relatively timid year-on-year growth of 0.7% in January, with all growth again coming from developing non-OECD economies as consumption in mature OECD economies continues to fall, preliminary data gathered...

Iraq hopes for oil export recovery after January low.
February 7, 2007... NEW YORK -- Iraq resumed export of its northern Kirkuk crude last week through a tender, which mitigated the sharp fall of sales of its southern Basrah Light grade. Loading delays at the Basrah Oil Terminal--due to bad weather, maintenance and...

January supply-demand stocks data fail to illuminate.
February 16, 2007... NEW YORK -- Markets are searching for direction, as evidenced by the wide swing in oil prices over the first month of the year. Benchmark prices lost nearly $10 per barrel over the first two-three weeks of the month, but quickly made most of...

North sea sales help wobbly bull calves grow horns.
February 20, 2007... LONDON -- The resolutely bearish sentiment that has dominated the crude oil market for much of the new year is slowly changing to a more balanced mood. From having focused almost exclusively on price-negative issues and willfully ignoring...

Cold weather brings US gas market back to normal.
February 23, 2007... HOUSTON -- Only two months ago, the natural gas market was near the bottom of an 18-month price trough with few prospects of improvement in the foreseeable future. Weather forecasts called for warmer-than-normal temperatures across much of...

Russia steadies March oil sales as Primorsk fixes pipe.
February 27, 2007... MOSCOW -- Russian March sea crude exports are scheduled to fall by an insignificant 35,000 barrels per day to 2.969 million b/d (12.553 million metric tons), compared with February, according to loading programs released on Tuesday. While...

Market compass.
February 27, 2007... Urals export blend presents a mixed picture. Differentials have shown some sporadic volatility over the past month, but Tuesday afternoon Urals c.i.f. NWE was assessed at dated Brent minus $3.90-$3.95 on solid deal evidence, virtually unchanged...

Novorossiysk March 2007 crude loading program.
February 27, 2007... Berth 1 Position holder (producer) Vol.* 28-1 Rosneft 142 1-2 TNK-BP Holding 135 3-4 Lukoil ...

Primorsk March 2007 crude loading program.
February 27, 2007... Date Position holder (producer) Vol.* 28-1 Lukoil 100 1-2 Surgutneftegas 100 1-2 Gazprom Neft...

Odessa March 2007 crude loading program.
February 27, 2007... Date Position holder (producer) Vol.* 3-4 Kaztransoil 80 5-6 Surgutneftegas 80 8-9 Kaztransoil 80 11-12 Kaztransoil 80 13-14 Kaztransoil ...

Gdansk March 2007 crude loading program.
February 27, 2007... Date Position holder (producer) Vol.* 7-8 TNK-BP Holding 100 18-19 Bashneft 100 21-22 Kaztransoil[dagger] 126 24-25 TNK-BP Holding 107 27-28 Kaztransoil[dagger] ...

Tuapse March 2007 crude loading program.
February 27, 2007... Date Position holder (producer) Vol.* 1-3 Lukoil 63 5-6 Gazprom Neft 36 8-9 Lukoil 40 12-15 Russneft 73 18-19 Gazprom Neft ...

Yuzhny March 2007 crude loading program.
February 27, 2007... Date Position holder (producer) Vol.* 5-6 TNK-BP Holding (55) 80 To be allocated (25) 8-9 Tatneft 80 11-12 Tatneft 80 14-15 Surgutneftegas (38) 85 ...