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brent-crdue-output-up

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
 
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
 
Qatar-keeps-July-crude-supply-to-Asia-steady

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
 
Qatar-keeps-July-crude-supply-to-Asia-steady

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
 
cheaper-oil-more-consumption

OPEC can’t afford to give residents cheap oil

Bargain price oil is a standard perk for residents of crude-exporting nations. But the practice is expensive for members of the Organization of the Petroleum Exporting Countries, which meets in Vienna this week. It's well past time for a change, says Christopher Swann

June 13, 2012 5:42
 
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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
 
Oil-Refinery-Pump-Image

US crude little changed after stock build in APIS

NYMEX crude for July delivery traded at $84.24 a barrel, up 26 cents, by 4:36 p.m. EDT (2036 GMT). Before release of the data from the American Petroleum Institute, it was trading at $84.25.

June 6, 2012 11:57
 
BRENT CRUDE OIL

Turkey steeply cuts Iran crude imports -source

Lower imports from Ankara will add pressure on Tehran which is struggling to sell oil as the West expands sanctions to persuade Iran to abandon its nuclear programme.

June 5, 2012 5:24
 
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OPEC basket price fell to $95.48 on Monday

OPEC's reference crude oil basket price fell to $95.48 a barrel on Monday from $97.44 the previous day, OPEC said on Tuesday.

June 5, 2012 5:24
 
brent-crdue-output-up

US crude up over $1, post-settle, on Wall Street, euro

U.S. crude oil futures extended gains on Monday, aided by rising prices on Wall Street, where the Dow and the S&P 500 turned higher and as the euro rallied on hopes that European authorities can contain the euro debt crisis.

June 5, 2012 11:19
 
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