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Iraq struggles against odds to keep oil sales higher.
November 4, 2005... NEW YORK -- Iraqi authorities are struggling to raise oil export volumes in November after disappointing October sales. According to data from shipping agents, 33 tankers have been scheduled to lift 50.5 million barrels of Basrah Light crude,...
Global oil demand grows more than October supply.
November 7, 2005... NEW YORK -- Global oil demand in October was 1.4% higher than in the same month last year, for a growth of 1.18 million barrels per day, despite high oil prices and doom scenarios about demand destruction, preliminary data from EIB sister...
Pressure is down after oil system passes stress test.
November 21, 2005... NEW YORK -- Global balances have become much less threatening over the last month as a result of easing demand growth, continued high supply and a smattering of strategic stocks, primarily from US crude oil stockpiles, according to the latest...
Bears in control of North Sea Oil market psychology.
November 21, 2005... LONDON -- The bears grabbed control of the market early this month and clawed front month Brent futures prices down $6.75, or 11%, from a $60.65 high on Nov. 3 to a $53.90 low on Nov. 15 before a cold snap over the weekend triggered a tentative...
Russian exporters now fighting weather not Moscow.
November 29, 2005... MOSCOW--Russia is increasing seaborne crude exports by a scant 19,000 barrels per day in December's port loading schedules compared to the previous month. Increases are planned for ports on both the Baltic and Black seas, despite the onset of...