Energy Intelligence Briefing articles from October 2004

Energy Intelligence Briefing archives from October 2004

Shaking off $50 oil, demand growth slows a trickle.
October 6, 2004... NEW YORK -- Global oil demand is still racing ahead at 2.5% in September, with North America, China and India setting the pace, but the increase in demand is slowing in Europe after a summer spurt, preliminary data from EIB's sister publication...

Gulf of Mexico at center stage for oil & gas markets.
October 11, 2004... NEW YORK -- At least 90% of the 470,000 barrels per day of shut-in oil production in the US Gulf of Mexico following Hurricane Ivan is highly sought-after Heavy Louisiana Sweet (HLS)--an outage that is one of the forces driving US and global...

Iraqi exports fall in October, Asia now largest buyer.
October 13, 2004... NEW YORK -- Iraqi oil officials said this week that they expected to maintain the high September export volume, but that may not happen unless about four more vessels are booked to load before the end of October, according to a preliminary...

North Sea loading schedules understate real output.
October 15, 2004... LONDON -- North Sea loadings are watched with great anticipation as an indicator of the health of world oil markets. Although the price signals from the interplay of sellers and buyers can be helpful, changes in volumes for the eight major...

Something's happening here, but what it is isn't clear.
October 21, 2004... NEW YORK -- Eighteen months of rising prices make it difficult to keep blaming speculators, psychological premiums--first due to the threat of war before the Iraq invasion and subsequently the fear of terrorism-based or other disruptions--and...

Refineries rethink intake of expensive W. African oil.
October 26, 2004... LONDON -- After a robust few months, West African crudes are heading for wavier waters. Prospects look grim for heavy sweet grades, which face lower Chinese demand for November and December loading cargoes and competition from Asian regional...

North adds to steady south: Iraqi October exports soar.
October 28, 2004... NEW YORK -- Iraq has stepped up oil output over the past two weeks despite ongoing violence and is set to export far more oil in October than earlier anticipated, thanks to sustained exports in the south and higher exports from the Kirkuk...