Energy Intelligence Briefing articles from July 2007

Energy Intelligence Briefing archives from July 2007

Modest growth pushes oil demand well above supply.
July 3, 2007... NEW YORK -- A modest but steady rise in global oil demand pushed demand well ahead of oil supply in June, as demand edged up to 86 million barrels per day, while supply lagged at 84.6 million b/d, preliminary data show. Nonetheless, the oil...

Bulls buy paper crude as June stocks hit new highs.
July 17, 2007... NEW YORK -- OECD commercial stocks were higher in June than in any other June this decade, but that didn't stop market bulls from pushing the crude price to new records, in the process lifting the front of the forward price curve enough to...

August maintenance, broken gas line bolster North Sea.
July 17, 2007... LONDON -- The crude oil futures market made a stab at challenging the $78.65 record high set last August with the August ICE Brent contract touching $78.40 on its Jul. 16 expiry day. The front-month contract over the past month has traded a...

Iraq lifts crude oil exports in July to record for year.
July 27, 2007... NEW YORK -- Iraq's oil exports are on track to jump a hefty 300,000 barrels per day to a total 1.78 million b/d in July compared with June, a record for the year, with two thirds of the increase coming from the Basrah Oil Terminal in the south...

Refining margins high at home, Moscow cuts exports.
July 27, 2007... MOSCOW -- Russian seaborne crude oil exports are set to drop off sharply in August, as Moscow plans to broadly slash exports from outlets spread around the Black Sea, while holding shipments from the Baltic Sea nearly level. Russian pipeline...