Oil
The oil service, led by Amrita Sen, covers global crude and product markets. Energy Aspects publishes a comprehensive range of publications spanning data analysis, market fundamentals and geopolitical comment. Our team of experienced analysts provide the information and insight you need to stay ahead of the oil and oil products markets
-
Is diesel in the driving seat, again?
Published 1 Oct 2012
by
Amidst rising tensions between Iran and Israel that came to the fore during last week's UN General Assembly, another spate of fairly poor macroeconomic data hit the headlines. Naturally, oil demand growth has been muted against the backdrop of weak economies, but product markets have tightened si.. -
Japan oil data – August 2012
Published 28 Sep 2012
by
Japanese oil demand remained strong in August, totalling 4.19 mb/d, higher y/y by 154 thousand b/d. While continuing to represent an important cushioning effect for the otherwise weak OECD demand, the large upswing seen post the Fukushima earthquake has now mostly worked its way out of the base... -
US oil production
Published 27 Sep 2012
by
US oil production continued on its strong upward trajectory, with total liquids production coming in at 9.474 mb/d, higher y/y by 0.874 mb/d (see Figure 1). Crude output rose to a record high of 6.267 mb/d, higher y/y by 0.832 mb/d. NGL volumes continued to climb as well, higher y/y by 0.117 mb/d.. -
US demand revisions – July 2012
Published 27 Sep 2012
by
US oil demand for July was revised lower by 275 thousand b/d, with the bulk of the revision concentrated in the ‘other oils', which were revised lower by 428 thousand b/d. This takes total US oil demand to 18.601 mb/d, lower y/y by 177 thousand b/d (0.9%). The main four products, however, were re.. -
UK oil data – July 2012
Published 27 Sep 2012
by
UK liquids production continued a decade and a half long fall, with output in August dropping below 1 mb/d once again. At 0.99 mb/d, total production was lower y/y by 32 thousand b/d, with crude output virtually flat y/y. While on the face of it, the data seems to suggest that the steep declines.. -
US Department of Energy
Published 26 Sep 2012
by
Crude oil inventories have reversed their two week long increase, and in line with our view, have started to stabilise following the two large builds created by the bunching up off imports in the Gulf Coast during Hurricane Isaac. Following this week's counter-seasonal draw of 2.4 mb, crude oil i.. -
Iran: checkmate or stalemate
Published 26 Sep 2012
by
The tense confrontation continues between Iran and Western Powers over the Iranian refusal to comply with UN Security Council resolutions and cease uranium enrichment. In response, US and EU economic sanctions implemented from 1 July have targeted Iranian oil exports. Statements and actions on al.. -
India oil data – August 2012
Published 25 Sep 2012
by
Indian oil demand continued on its strong growth path in August, rising y/y by 219 thousand b/d (7.8%) to 3.029 mb/d. In the year-to-date, Indian oil demand is running higher y/y by a solid 167 thousand b/d (5.6%) and is the second strongest source of growth in the world, lagging only Japan. The.. -
Mexico oil data - August 2012
Published 25 Sep 2012
by
Mexican oil production climbed to its highest level since September 2011, totaling 2.932 mb/d in August. This was exactly at the same levels as last year, reducing the year-to-August decline to just 35 thousand b/d. Ageing oilfields and a lack of investment in exploration have crippled Mexico's.. -
South Korea oil data - August 2012
Published 24 Sep 2012
by
Following the near 3% y/y increase in July, South Korean oil demand increased by just 7 thousand b/d (0.3%) y/y in August to 2.2 mb/d. In Q3-to-date, South Korean oil demand is running higher y/y by 37 thousand b/d (1.7%), a marked slowdown compared to Q2, when y/y demand increased by a solid 191.. -
What's capping the oil upside?
Published 23 Sep 2012
by
A volatile week for oil was marked by the market giving back the gains made on the back of QE the week before, as potential rumours about an SPR release, weak macro and demand data and yet another indication by key oil producers of their intent at controlling the upside to oil prices emerged. Sau.. -
Canada oil data – July 2012
Published 21 Sep 2012
by
Total Canadian production levels (based on preliminary data) recovered to 3.899 mb/d in July, higher y/y by 282 thousand barrels. Oil sands production continued its upward trend, reaching 1.83 mb/d which equates to 47% of total Canadian output. Despite reviving m/m as upgraders returned from main.. -
China
Published 20 Sep 2012
by
With economists across Wall Street having downgraded their China outlook to stabilisation rather than a recovery, the weakness in the August data is no real surprise. Both the NBS and HSBC August PMIs declined counter-seasonally, while the increase in industrial production of 8.9% y/y (consensus:.. -
Middle East oil demand – July 2012
Published 19 Sep 2012
by
Oil demand in the Middle East continued to grow strongly in July, although data for the month is patchy (with only Saudi Arabia and Qatar confirming their submissions in the latest JODI data). Saudi Arabian oil demand reached a record high of 2.504 mb/d in July. However, given the already high ba.. -
Europe oil data – July 2012
Published 19 Sep 2012
by
European oil demand continued to decline in July, with the latest preliminary data from JODI pegging total consumption at 13.977 mb/d, down y/y by 533 thousand b/d (3.7%), the 11th consecutive y/y decline. In the year-to-date, European oil demand is running lower y/y by 493 thousand b/d, followin..
Close
If you are not an Energy Aspects client, and would like to discuss options about access to our publications and data, please get in touch.
Request a trial