Iranian oil stuck in Egypt as Turkey cuts imports
Turkey cannot bring Iranian oil on own tankers; Up to 7 million barrels stuck in Egyptian tanks; Reselling crude might prove tough
July 13, 2012 8:40-
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Oil down on IEA global growth view, awaits China data
U.S. new jobless claims fall to 4-year low; China Q2 GDP due Friday, lower growth forecast; U.S. Fed to act on stimulus if economy worsens
July 13, 2012 8:38 -
U.S. must tighten pressure on Iran
Iran believes it is safe ahead of U.S. election – minister; Hezbollah will pay 'heavy price' if it attacks Israel ;Syria's Assad faces sure defeat, process being accelerated
July 13, 2012 8:34
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U.S. crude futures end more than 2 percent higher
U.S. crude futures rose more than 2 percent on Wednesday in choppy, thin trading, in reaction to a drop in crude inventories.
July 12, 2012 12:36 -
Iran oil trade skirts ship insurance ban
Iranian oil on its way to China from July programme; Comes amid dispute over freight terms; Japan takes steps to resume imports in August
July 12, 2012 12:16 -
Iran plans 10 billion euro bond issue for oil sector
Buying euro bonds tricky for adventurous foreign investors; Oil funding may follow gas company bond sale; NIOC chief says maintenance could not cause 1 mln bpd export fall
July 12, 2012 11:56
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Shell to start pumping gas at southern Iraq project
Royal Dutch Shell plans to start pumping gas from its gas joint venture in southern Iraq in the next three weeks at 60 million cubic feet per day, Iraq said on Wednesday.
July 12, 2012 11:36 -
Brent crude steady above $100 as fed holds off stimulus
Oil rallied more than 2 pct on Wed as N.Sea supply tightens; Fed holds off stimulus until economy worsens; Coming Up: U.S. weekly jobless claims
July 12, 2012 11:01 -
Iran keeps oil flowing to china despite freight dispute
Iran loads a third of China's scheduled crude loadings; NITC, Sinopec able to agree on freight terms for two ships; Sinopec seeks lower freight rates due to slowing demand
July 11, 2012 4:39
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Brent slips below $99 on weak china data, Norway strike halt
China June crude imports down 15 pct on year; Norway govt halts strike, prevent full output shutdown; Coming Up: API weekly petroleum data
July 10, 2012 12:19 -
US lawmaker asks Tuvalu to stop reflagging Iran oil tankers
A prominent U.S. lawmaker has asked the small South Pacific island nation Tuvalu to stop reflagging Iranian oil tankers and warned its government of the risks of running afoul of U.S. sanctions.
July 10, 2012 12:08 -
Venezuela’s Chavez sees oil stabilizing at $100 per barrel
Venezuela's President Hugo Chavez said on Monday that the global price of oil should stabilize at around $100 per barrel.
July 10, 2012 12:00
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Syrians should choose leader in 2014 vote
Salehi says foreign action "aggravates" Syria crisis; Doesn't believe Iran will ever close Strait of Hormuz; Accuses world powers of obstructing nuclear talks
July 10, 2012 11:56 -
EU, Iran diplomats to meet for nuclear talks in July
EU, Iranian diplomats to meet on July 24; Negotiations downgraded amid deep divisions in atom row
July 10, 2012 11:46 -
RBS, others quit Dubai group debt talks
RBS, two other banks quit talks, threaten legal action; Concessions offered to end banks' dissension – sources; Legal action threat may be negotiating tactic - analyst
July 10, 2012 11:36
