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Two new refineries set to boost Saudi refining capacity by 800,000 bpd in 2015 #Saudi #OPEC

OPEC basket price has fallen to $78.67/bbl, its lowest level since October 2010 - a $32/bbl fall from the year’s high #opec

API reported a crude draw of 640,000 bbls including an 800,000 bbl draw at Cushing. Distillate built 155,000 bbls and gasoline 240,000 bbls.

Euro-area retail sales plunge 1.3% in September; steepest decline since April 2012 bit.ly/10uAAir

Brazilian crude production touches record high of 2.36 mbpd in September

Oil officials hint that Libya’s El Sharara and El Feel oilfields to reopen by Wednesday #crudeoil #OPEC

Kuwait’s oil minister has indicated that it is unlikely that OPEC will cut its production ceiling at its next meeting bit.ly/1zGpfe2

OPEC leaves 2014, 2015 global oil demand growth forecasts unchanged #OPEC

Libya’s El Sharara oilfield resumes production #crude #OPEC

Libya’s El Sharara oilfield remains offline due to a pipeline shutdown #OPEC #Libya #crudeoil

Speculators increase net length in ICE Brent by 9,783 lots in week to November 11 #crudeoil #Brent

ZEW survey of German economic confidence records first rise in 2014 #eurozone

Saudi crude exports inched higher in September to 6.722 mbpd #OPEC #crude

Exports of Russian Urals set to fall by a third in December #CRUDE bit.ly/1FnxXMP

OPEC to seek “consensual” decision to halt falling oil prices according to Algeria #OPEC

OPEC keeps oil production ceiling unchanged at 30 mbpd #OPEC #crude

Iraq and Kurdistan agree landmark oil export deal bit.ly/1HUBc2q

OPEC crude basket price slips to lowest level since July 2009 #OPEC bit.ly/1ufVb2h

OPEC cuts 2015 global oil demand growth by 70,000 bpd to 1.12 mbpd #OPEC bit.ly/1yPnkm2