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crude oil

Japan's Iran crude imports dive in April

Japan’s May Iran crude imports slide ahead of sanctions

Imports fall 46.5 pct y/y before EU restrictions on Sunday; Overall oil purchases increase; Nominations for June, July at about 12,000 bpd

June 28, 2012 1:35
 
UAE's Hormuz bypass

First oil flows through UAE’s Hormuz bypass

The new pipeline has a nameplate capacity of around 1.5 million barrels per day (bpd), compared to total UAE exports of around 2.4 million bpd, but sources say it can carry over 2 million bpd.

June 21, 2012 1:17
 
brent crude slip

Brent hits 18-month low on modest Federal action, China data

Fed offers modest stimulus to weak U.S. economy; Unexpected jump in U.S. crude stockpiles; China factory sector contracts for 8-month running; China’s export order seen at the weakest since early 2009

June 21, 2012 10:55
 
Iran-oil-sanctions

Iran oil exports fall more in June, sanctions bite

Crude exports from Iran this month have dropped to between 1.2 million barrels per day (bpd) and 1.3 million bpd, according to a firm that tracks oil shipments and sources at oil companies.

June 20, 2012 5:48
 
brent-crdue-output-up

Kuwait raises July crude OSP to Asia by 45 cents a barrel

Kuwait raised the official selling price (OSP) for its crude sales to Asian buyers for July by 45 cents a barrel from the previous month to 15 cents a barrel below the average of Oman/Dubai quotes, a trade source said on Monday.

June 11, 2012 10:24
 
Brent-crude-price-rise-kipp

Crude oil rises $2 on Spain rescue, Iran

UN nuclear watchdog, Iran fail to reach deal on probe; Eurozone agrees to lend Spain up to 100 billion euros

June 11, 2012 10:22
 
Brent-crude-price-rise-kipp

Brent crude rises above $99 on US data, eyes ECB

US crude stocks fall 1.765 mln bbls last week-API; US services sector data also supports; Two US Fed officials cool to more monetary easing

June 6, 2012 12:03
 
Brent-crude-ends-lower-on-Spanish-credit-woes

Brent crude drops to 16-month low on economic data

US jobs, China manufacturing data drive prices lower; Brent crude trading at lowest since Jan 2011; Eyes on monetary policy meetings later this week

June 4, 2012 11:03
 
OPEC-output-hits-new-high

OPEC basket price down to $102.75 on Wednesday

The reference basket comprises 12 crudes: Algeria's Saharan Blend, Angola's Girassol, Iran Heavy, Iraq's Basra Light, Kuwait Export, Es Sider from Libya, Nigeria's Bonny Light, Qatar Marine, Saudi Arabia's Arab Light, Murban from the UAE, Venezuela's Merey and Oriente from Ecuador.

May 31, 2012 5:40
 
Asia-Crude-Chinaoil

Oil falls on Spain, China worries

Brent on track for biggest monthly loss in 2 yrs; Losses trimmed after European Commission recommendations; Risk aversion grips markets as fears on Spanish banks mount; Hopes fade for China stimulus package; Coming up: API weekly inventory data; 2030 GMT

May 30, 2012 5:37