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  • Top U.S. diplomat

    Top U.S. Middle East diplomat to retire next week

    Jeffrey Feltman, the top U.S. diplomat for the Middle East, will retire next week, the State Department confirmed on Tuesday but did not address reports he is expected to take up a senior U.N. position.

    May 23, 2012 11:58
  • Europe-U.S.oil

    Europe awash with quality oil as U.S. imports fall

    Values weaken in Europe for sweet, low-sulphur crudes; U.S. imports drop on domestic output, pipeline reversal; Only Asian buying prevents steeper price fall

    May 23, 2012 11:48
  • Iran Oil export

    Iran’s oil exports halt decline in May

    Exports steady in May after falls in March, April; Crude held in floating storage rises to 36 million barrels; more buyers set to curb purchases from July

    May 23, 2012 11:44