26 JANUARY 2012
Low oil demand expected in 2012
The fact that oil demand fell by 300,000 bpd y-o-y in 4Q11 could be a sign of things to come. Full article
24 JANUARY 2012
Four events that may lead to lower oil prices in 2012
As ever, we must take into account the likelihood that oil prices will drop below the levels predicted for 2012. Full oil forecast
23 JANUARY 2012
Saudi Arabia vow to stabilise oil price at $100/bbl
The Kingdom’s new target is considerably higher than its previously avowed ‘fair’ price of $75/bbl. Full Saudi report
16 JANUARY 2012
OPEC exceed agreed production level
OPEC production has climbed to 30.94 mbpd, nearly 1 mbpd above the level agreed upon when its ministers met. Full OPEC report
12 JANUARY 2012
Three oil price scenarios for 2012
Three potential scenarios for where oil is headed in 2012 – a reference case, a low price scenario and a high price scenario. Full oil forecast
11 JANUARY 2012
High prices deter US drivers
Average US retail gasoline prices this year are just over $3.50/USG — the highest on record. Full gasoline report
25 JANUARY 2012
Saudi Arabia Unable to Fulfill Oil Pledge
Manouchehr Takin of the CGES said a removal of Iranian exports would hurt Europe more than Tehran. Full article
24 JANUARY 2012
Oil, Euro Decline on Greek Debt Concerns
Saudi Arabia has the capacity to make up for a shortfall in Iranian exports, according to the CGES. Full article
23 JANUARY 2012
EU prepares to ban imports of Iranian oil
The CGES told the BBC these developments had pushed up the price of oil on the energy markets. Full article
23 JANUARY 2012
Oil Climbs as European Union Agrees on Sanctions Against Iran
The Centre for Global Energy Studies estimate Saudi reserves may be as high as 2.5 million. Full article
26 JANUARY 2012
North America May Be Self-Sufficient in Crude Oil by 2030
North America may be self-sufficient in oil by 2030 according to Julian Lee, a senior energy analyst at the CGES.
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The Potential Impact of Further Sanctions on Iran
A new 30-page study analysing how the situation in Iran will affect global oil supply and prices in 2012. Download now
Annual Oil Market Forecast and Review 2012
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Are we finding enough oil?
An essential study for anyone interested in the state of global oil supply, both in the near and longer term. Download now
