Europe awash with quality oil as U.S. imports fall
Values weaken in Europe for sweet, low-sulphur crudes; U.S. imports drop on domestic output, pipeline reversal; Only Asian buying prevents steeper price fall
May 23, 2012 11:48Register for our free newsletter
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Values weaken in Europe for sweet, low-sulphur crudes; U.S. imports drop on domestic output, pipeline reversal; Only Asian buying prevents steeper price fall
May 23, 2012 11:48Iraq plans to "slightly lower" an official 12 million barrel per day (bpd) capacity target so that its oilfields can pump more for decades to come, its top energy official said on Wednesday.
April 19, 2012 9:48U.S. crude stocks up 7.8 mln barrels, far above forecast; At least 7 North Sea Forties cargoes delayed
April 4, 2012 4:09Royal Dutch Shell is struggling to pay off $1 billion that it owes Iran for crude oil because European Union and US financial sanctions now make it almost impossible to process payments, industry sources said.
March 26, 2012 4:17