Weekly Oil Stats 5 August 2009

(c) Financial Times Limited – 2010

• Brent pulls further ahead of West Texas crude February 3, 2012
  Commodities enjoy strong start with the price of Brent crude supported by geopolitical concerns and the demise of Petroplus […]
• Bakrie vehicle moves to oust Rothschild from Bumi February 3, 2012
  Dramatic move is a setback for the UK financier, who had pledged to clean up corporate governance at the coal miner […]
• BP safety committee chief to leave board February 3, 2012
  The impending departure of Sir William Castell is the latest shake-up at the top of the oil group since the Gulf of Mexico disaster […]
• Dinner that put Glencore-Xstrata on the menu February 3, 2012
  A series of issues had held up a merger, key among them the governance structure of a combined group […]
• ENRC picks veteran banker Dalman for chairman February 3, 2012
  Veteran investment banker replaces Johannes Sittard at the Kazakh miner after last year’s public row over corporate governance […]
• Gazprom cuts gas supplies amid cold snap February 3, 2012
  Russian company in dispute with European Union as it says countries demand more than it is contractually obliged to deliver […]
• Winter freeze fuels fear of wheat price jump February 3, 2012
  The freeze in eastern Europe leads to cuts in forecasts but prices soften after Russia says there is no need for export restrictions in April […]
• Investors beware gold’s deceptive beauty February 3, 2012
  Demand for gold has jumped this year, but its stint as a hybrid between a haven and a risk asset could be coming to an end, says Gregory Meyer […]
• Glencore and Xstrata turn to City dealmaker February 3, 2012
  Michael Klein, the former Citigroup head of investment banking, helped mediate talks over the proposed merger […]
• Xstrata deal reveals perfect price on Glencore IPO February 3, 2012
  The proposed $88bn merger endorses Glencore’s much-criticised $10bn, 530p a share flotation, showing that the IPO price was right […]