Energy Intelligence Briefing articles from July 2006

Energy Intelligence Briefing archives from July 2006

Nigerian mystery middlemen muddle cloudy loadings.
July 3, 2006... LONDON -- After a grim few weeks, appetite for West Africa's light, sweet grades has perked up. Refiners in the US--their key market--are making the most of strong refining margins and paper crack spreads on gasoline as they gear up for the...

Non-OECD growth keeps June global oil demand flat.
July 5, 2006... NEW YORK -- The revival of global oil demand growth in May could not be sustained in June, when year-on-year consumption was flat, preliminary data show (EIB Jun. 6). The US provided a key upward push in May demand but provisional June data...

Kirkuk sales push up Iraq's oil exports to fresh highs.
July 6, 2006... NEW YORK -- A series of recent spot sales for Kirkuk crude have boosted Iraq's overall oil exports to the highest level this year at 1.63 million barrels per day for June and July export volume could be even higher, some officials say. Although...

Oil-gas price disconnect driven by exceptional factors.
July 10, 2006... HOUSTON -- The recent disconnect between futures prices of oil and natural gas is nothing short of extraordinary. Grounded in the fact that a barrel of oil has the same energy content as six million Btu of gas, an informal six-to-one price...

Market weighs long term and short term, and buys.
July 17, 2006... NEW YORK -- Oil markets are looking forward to longer-term tight supply-demand conditions and disrupting geopolitical events in the near future and still haven't put last year's devastating hurricanes out of mind. Paper investors looking at the...

North Sea August crude loadings tip big forties work.
July 18, 2006... LONDON -- Oil price volatility is being redefined. Only a few years ago, a $1 per barrel move would create headlines about crashes and implosions or rockets and ballistics. Now, over the past month, Brent crude oil futures have gyrated in a...

Moscow boosts northern crude shipments for August.
July 27, 2006... MOSCOW -- Following two months of modest cutbacks, Russia is cranking the pumps up for August with a planned 47,000 barrel per day monthly rise in seaborne crude exports. State pipeline monopoly Transneft has penciled in seaborne exports of...