Platts Analysis of U.S. EIA Data: U.S. crude oil stocks fell 2.07 million barrels last week

U.S. commercial crude oil stocks fell 2.07 million barrels to 360.48 million barrels during the reporting week ended August 22, U.S. Energy Information Administration (EIA) data showed.The draw found support from still-soaring

Read more...

Platts Report: China Oil Demand Fell 2.1% in July Versus a Year Ago

China's apparent oil demand* in July decreased by 2.1% over the same month a year ago, according to a just-released Platts analysis of Chinese government data.The apparent oil demand in July was

Read more...

Norway's 10 billion barrels of undeveloped resources represent US$106 billion

Yesterday at ONS 2014 Wood Mackenzie released its latest upstream estimates revealing that Norway has 10 billion barrels of oil equivalent (boe) of discovered natural resources yet to be developed. Despite being

Read more...

U.S. liquid fuels production growth more than offsets unplanned supply disruptions

Record-setting liquid fuels production growth in the United States has more than offset the rise in unplanned global supply disruptions over the past few years, although differences in quality and location suggest

Read more...

COSCO Pacific: 2014 Interim Results; Pireaus Port Operations post impressive numbers

Results Highlights ● The Group's revenue rose by 11.4% to US$440,158,000 (corresponding period of 2013: US$395,195,000). Revenue from the terminals business rose by 18.9% to US$258,082,000 (corresponding period of 2013: US$217,066,000). Revenue

Read more...