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China wants its big 3 energy producers to boost gas imports and output after a cold snap forced many cities to cut off supply to businesses
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US crude oil production for 2009 is on target to have its biggest one-year jump since 1970, according to a Platts analysis of industry data.
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New claims for jobless benefits fell sharply last week, while sales of new single-family homes rose in Oct to their highest level in a year
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DOE had a smaller-than-expected rise in crude supplies & large increase in gasoline stocks amid slightly higher refinery utilization-Reuters
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Growing world oil use will likely outpace new supplies in 2010, eroding the stockpiles of crude which have mounted around the world-Reuters
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Since 1995, non-OECD oil consumption is up 13.5 million b/d (53.75%) from 25.2 to 38.7 million b/d-WTRG Economics
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Chinese state oil firms agreed to raise 2010 crude imports from Saudi Arabia by 12% from this year to top 1,000,000 bopd-demand recovering
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U.S. crude oil production for October averaged 5.36 million barrels per day, continuing at levels not seen since 2005--
API's Monthly Report
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China's appetite for crude oil remains strong. The Asian nation's petroleum demand rose 10.2% in October from a year ago-Reuters
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The US may get a flurry of
LNG cargoes at year end as key supplier Nigeria ramps up production--capping U.S. natural gas prices this winter?
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my last stock pick for subscribers is up 30% in 1week--on much greater than average volume--Issue #10 was posted today to the Members Center
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It makes me sad that there is any commerce today--day of respect
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world's largest natgas producer, Gazprom, beat analysts' forecasts on increased export volumes to Europe despite a 26% drop in gas prices
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Yemen made its first liquefied natural gas (
LNG) shipment Nov 7 from a $4.5bn plant--to South Korea on a Korean tanker
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Venezuela was China's top fuel oil imports supplier in Sept with the Chinese customs processing 357,314 mt from the country during the month
