16 Dec '12, 10am

Tech Talk - Iran and the new EIA and OPEC Reports

With the possibility that demand for Iranian oil may fall below 1 million barrels a day (mbd) as sanctions continue to bite, Iran has announced that it wants OPEC to cut back production to the agreed quotas, rather than the overall additional 1 mbd that is actually being produced, and sold. Such a move would, of course, make it more difficult for those customers who have found a way of replacing Iranian oil, and perhaps incline them more towards disregarding the embargo. OPEC has just released their December Monthly Oil Market Report (MOMR) in which they anticipate that earlier projections for 2013 oil demand growth will still be valid, at 0.8 mbd. (Though they note that December 2012 growth y-o-y was at 1.0 mbd as the US economy continued to improve). They expect that all of this increase will be met by non-OPEC increases in supply, and that demand for OPEC oil may even d...

Full article: http://www.theoildrum.com/node/9705

Tweets

#peakoil Tech Talk – Iran and the new EIA and OPEC Reports: With the possibility that demand for Iranian oil may...

#peakoil Tech Talk – Iran and the new EIA and O...

peakoil.com 16 Dec '12, 1pm

With the possibility that demand for Iranian oil may fall below 1 million barrels a day (mbd) as sanctions continue to bit...

支那とイランのスパイがカーボンファイバー密輸に関与して、それぞれFBIに逮捕された。勿論ステル...

strategypage.com 16 Dec '12, 12pm

December 16, 2012: In the last two months the U.S. FBI (Federal Bureau of Investigation) arrested three men (an American a...

Please vote for my Webmachine talk at #LaRubyConf

larubyconf.com 15 Dec '12, 10pm

Compliant APIs with Webmachine As web applications continue to move towards rich client-side experiences, the relevance of...

Reports Confirm Google To Escape FTC Antitrust ...

searchengineland.com 17 Dec '12, 12pm

Confirming a report from the New York Post last week, the Wall Street Journa l and Politico both published articles that s...

Tech Talk - Iranian Oil and the Global Future

theoildrum.com 09 Dec '12, 10am

Yet Turkey, which gets some 20% of its natural gas from Iran, taking roughly 90% of Iran’s natural gas exports is resistin...

Oil Watch - Global liquid fuel production trends (EIA data): Executive Summary Monthly oil

Oil Watch - Global liquid fuel production trend...

theoildrum.com 10 Dec '12, 4pm

Monthly oil production data reported by the US Energy Information Agency (EIA) offers several advantages over the equivale...