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  • Yemen seeks 60,000 tonnes of gasoil for July on high demand

    Yemen seeks 60,000 tonnes of gasoil for July on high demand

    Yemen is seeking 60,000 tonnes of gasoil for July, after having bought about 600,000 tonnes for July and August in earlier tenders, as fuel shortages persist in the country, traders said on Tuesday.

    July 17, 2012 5:11
  • U.S. Navy supply ship Rappahannock at sea in this handout photo taken in the South China Sea

    US fire kills one, injures others on boat off UAE

    At least one person was killed and others were believed injured on Monday when a security team aboard a U.S. Navy ship fired at an approaching motor boat off the United Arab Emirates, a U.S. official told Reuters, speaking on condition of anonymity.

    July 17, 2012 11:16
  • South Korea April Iran crude imports

    Oil higher on stimulus hopes, Iran tensions

    Hope for stimulus measures bolsters oil prices; U.S. Navy fires on fishing boat off UAE; Weak U.S. retail sales data limits U.S. crude rise

    July 17, 2012 11:14
  • No offers on oil block 11 in Iraq energy bids-government

    Iraq initials oil block deal with Kuwaiti-led group

    Iraq initialled an oil block exploration and development contract with a consortium led by Kuwait Energy on Monday as part of its drive to attract more foreign investment following years of war and sanctions.

    July 16, 2012 4:52