Our Network

Register for our free newsletter

 
 
Latest News
Iran-oil-sanctions

Iran parks oil off Malaysia to dodge Western sanctions

Iran is using a little-known port off the East Malaysia coast to hide millions of barrels of oil from Western sanctions, according to shipping data, industry sources and officials.

September 13, 2012 11:11
 
opec saudi viena

Gulf OPEC big three raise August oil output by 400,000 barrels per day

Oil output by the big three Gulf producers saw a net increase of around 400,000 barrels per day (bpd) in August from July as a sharp rise in Kuwaiti output outweighed cuts by Saudi Arabia and the United Arab Emirates (UAE), industry sources said.

September 9, 2012 5:22
 
oil

Saudi Arabia pumped 9.7 million barrels per day of crude in August

Saudi Arabia produced 9.7 million barrels a day (bpd) of crude oil in August, down around 100,000 bpd from July, an industry source said on Sunday.

September 9, 2012 5:12
 
BRENT CRUDE OIL

Brent steady at $114 on caution ahead of ECB meeting, growth woes

Investors scale down expectations from ECB meeting; Weak US manufacturing data adds to jitters

September 5, 2012 10:08
 
oil

A CRUDE SHOCK: Oil Prices Re-Enter The “Danger Zone”

Get ready for a prolonged slowdown in the major industrial economies warns John Kemp, if Brent crude oil prices stay substantially above $100 per barrel, the economies of the United States and Western Europe will almost certainly struggle in the next few months.

September 4, 2012 5:16
 
Qatar-keeps-July-crude-supply-to-Asia-steady

Asian oil buyers help Iran stave off the worst, for now

Asian imports of Iran oil may edge up, but will level by year-end; Japan, China, India and South Korea buy most of Iran's oil exports; Iran exports at risk due to possible fresh sanctions

August 13, 2012 10:18
 
Iran Oil export

China nominates full contract amount of Iran oil in August

China expected to load about 16 mln barrels of Iranian oil in Aug; Monthly volumes seen largely steady for rest of year; China in freight talks with Iran tanker firm as vessel costs vary

August 7, 2012 3:37
 
OMV AG

OMV says restarted Yemen production on Monday

Yemen's Maarib oil pipeline resumed operations over the weekend, the pipeline operator said on Tuesday, ending a nine-month halt due to sabotage which left the poorest Arab country dependent on fuel donations.

July 18, 2012 12:15
 
Yemen reopens oil route

Yemen’s Maarib oil pipeline resumes flows

Yemen's Maarib oil pipeline resumed operations earlier this week, nine months after it was shut due to sabotage, after repairs were completed, the pipeline operator at SAFER said on Tuesday.

July 17, 2012 5:13
 
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
 
Brent-crude-price-rise-kipp

Brent stays above $102 on China stimulus hopes

Asia shares extend rally as China growth within expectations; Bernanke's semi-annual monetary policy report key this week; Brent to retrace to $101.26 –technicals; Coming Up: U.S. retail sales mm June

July 16, 2012 10:26
 
Iran-oil-sanctions

Iran issues new oil blockade warning

Iran could prevent even "a single drop of oil" passing through the Strait of Hormuz if its security is threatened, a naval chief said on Saturday, as tensions simmer over Tehran's nuclear programme.

July 14, 2012 8:51
 
Iran Oil export

Iranian oil stuck in Egypt as Turkey cuts imports

Turkey cannot bring Iranian oil on own tankers; Up to 7 million barrels stuck in Egyptian tanks; Reselling crude might prove tough

July 13, 2012 8:40
 
U.S.-crude-ends-lower-as-Spain-rating-cut-pressures

Oil down on IEA global growth view, awaits China data

U.S. new jobless claims fall to 4-year low; China Q2 GDP due Friday, lower growth forecast; U.S. Fed to act on stimulus if economy worsens

July 13, 2012 8:38
 
Iran-tanker-insurance-ban

Iran oil trade skirts ship insurance ban

Iranian oil on its way to China from July programme; Comes amid dispute over freight terms; Japan takes steps to resume imports in August

July 12, 2012 12:16
 
12345...10...