Recently added articles from APS Review Oil Market Trends:
OPEC Is Set For A $70-80/B Price Range, A Year After The Saudis Backed Green Fuels.
Dec 28, 2009 ... *** Alarmed By Iraqi Announcements That Baghdad May Become The World's Largest Crude Oil Exporter, Iran's IRGC On Dec. 17 Sent A Force Into Meissan Province And Hoisted Its Country's Flag On One Of The Border Fields Contested By Tehran; But The Reaction From Iraq's Shi'ite Arabs Shocked ...
The US Market - Without New Policies, Oil Use Will Remain Flat To 2035.
Dec 28, 2009 ... The US Energy Department's Energy Information Administration (EIA) on Dec. 14 said that, if the federal government did not enact policies to mandate lower greenhouse gas emissions or higher energy efficiencies, American oil demand would remain flat through to 2035. The forecast came days ...
Saudi Aramco Switches To Sour Crude Peg.
Dec 28, 2009 ... Saudi Aramco, trend-setter for Middle East oil exporters, will from Jan. 1, 2010, peg its US-bound crude oil sales to the Louisiana sour crude oil futures price, based on a new Argus Sour Crude Index. This will influence a change in the pattern of Middle Eastern, African and Latin American ...
Saudi Aramco & ADNOC Store Crudes In The Far East Ahead Of Russian Competition.
Dec 28, 2009 ... Minister Na'imi on Dec. 22 said Saudi Aramco had signed an agreement to put "millions of barrels" of crude oil in commercial storage in Japan, with South Korea to receive a volume of Saudi crudes for storage as well. Saudi Aramco was offered the storage in the two countries for no charge ....
Iraq - Shell/Petronas JV Signs Majnoon Development Deal.
Dec 28, 2009 ... A consortium of Shell and Petronas of Malaysia on Dec. 20 signed an initial agreement to develop southern Iraq's super-giant Majnoon field, whose proven and potential oil reserves exceed 30bn barrels based on the technology and calculations of the early 1970s. Shell/Petronas won the rights ...