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Brent crude ends up 4th day as August contract expires

Brent crude futures rose a fourth straight session on Monday, lifted by hopes for economic stimulus measures, especially in China, and by tensions with Iran and news a U.S. Navy vessel off the United Arab Emirates fired on an approaching fishing boat that failed to heed warnings.

July 17, 2012 11:30

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

Qatar keeps august crude supply to Asia steady

Qatar, one of OPEC's smallest producers, has notified at least one Asian buyer that it will supply Marine and Land crude at full contracted volumes for August, unchanged from July levels, a trade source said on Monday.

July 2, 2012 10:12

U.S. crude rebounds on fed, Greece optimism

U.S. crude futures rebounded on Tuesday as investors bet that Federal Reserve policymakers, who are holding a two-day meeting, will agree to provide further stimulus to the sluggish economy and that inventory data will show a crude stock draw.

June 20, 2012 3:00