Azeri Socar Trading opens oil terminal in UAE
Socar Trading, a unit of Azerbaijan's state run oil firm Socar, said its oil terminal in Fujairah, the United Arab Emirates, has started operating.
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Socar Trading, a unit of Azerbaijan's state run oil firm Socar, said its oil terminal in Fujairah, the United Arab Emirates, has started operating.
March 13, 2012 2:12Sudan has lowered its oil transit fees demand to $32.20 a barrel in a bid to resolve a row that has shut in South Sudan's output, Sudan's oil minister said on Tuesday, but the two sides remained far apart as talks continue in Ethiopia.
March 13, 2012 1:54China's record crude imports in February are most likely as high as they will go, at least for the coming months, as rising prices, refinery maintenance and slower economic growth curb demand.
March 12, 2012 4:23Oil prices fell on Monday, snapping four days of gains as worries over supplies from the Middle East eased and investors focused on the health of the global economy and fuel demand.
March 12, 2012 2:04