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gulf oil

Guided-missile destroyer USS Porter(DDG 78) is seen in this handout picture after a collision with the Japanese owned bulk oil tanker M/V Otowasan in the Strait of Hormuz

Strait of Hormuz open after tanker, US navy ship collide

An oil tanker collided with a U.S. Navy ship near the Strait of Hormuz on Sunday but no one was hurt and shipping traffic in the waterway, through which 40 percent of the world's seaborne oil exports pass, was not affected, officials said.

August 13, 2012 11:30

Saudi central bank gov: not looking into buying euro debt

Saudi governor not concerned about US debt; Gulf Arab monetary council economies in "excellent" shape

September 15, 2011 10:48

Gulf Products-Gas oil, jet fuel strong, gasoline tenders eyed

Middle distillates strong, refinery outages support; Saudi Aramco, Kuwait seeking gasoline; Asia naphtha demand seen weak after Japan earthquake

March 23, 2011 3:19