Energy Intelligence Briefing articles from September 2006

Energy Intelligence Briefing archives from September 2006

Iraq makes progress on meeting higher export target.
September 1, 2006... NEW YORK -- Iraq is making impressive progress on improving its crude oil exports, with shipments for August up 18% over July, and September outflows expected to be even a bit higher. If realized, this month's loadings would meet the export...

Oil demand only grows in-a few-developing states.
September 6, 2006... NEW YORK -- Global oil demand was flat on the year in August as a steep drop in oil consumption in established economies was compensated by typical growth in industrializing nations, preliminary data show. August oil demand came in at 84.8...

Opec set to maintain policies though crude glut looms.
September 8, 2006... WASHINGTON -- The Opec meeting in Vienna on Monday is not expected to produce any fireworks. The upcoming gathering should be a much more quiet affair than the last one in Caracas in June and there seems to be already a consensus among group...

Opec meeting dithers, as oil market strength withers.
September 11, 2006... VIENNA -- Spooked by a two-month rundown in prices and rising global stocks, Opec held steady Monday, but looks poised to cut back supply later this year, if the recent price decline continues. With prices still above $65 per barrel for...

Price move a correction not a collapse says OMI.
September 15, 2006... NEW YORK -- Is this the beginning of a price collapse or is this a correction in a longer-term bull market for prices? The views among oil market observers are decidedly split, but the weight of the evidence comes down on the side of...

Weather woes, dry Lithuania trim Russian export plan.
September 18, 2006... MOSCOW -- With winter's onset looming on the horizon and the pipelines to Lithuania dry, Moscow plans to slash exports of Russian crude in the final quarter of the year by nearly 80,000 barrels per day from its schedules in the third quarter....

North Sea shows global softening, but turn possible.
September 29, 2006... LONDON -- Brent crude oil futures prices have crashed almost $20, or 24%, over the past seven weeks from the front month's record $78.64 on Aug. 7 as a result of international conditions--but the jury is still out on whether this constitutes a...

Moscow sends crude southward as Baltic exports slip.
September 29, 2006... MOSCOW -- Faced with the onset of cooler weather, Moscow is having to back away from its ambitious plans to continue boosting volumes through the Baltic port of Primorsk, in turn yielding a moderate drop in Russia's overall crude exports....