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Yemen cuts October Masila crude OSP to $0.13 a barrel

Yemen has set the official selling price of its Masila crude for loading in October at a premium of $0.13 a barrel to dated Brent, down 39 cents from the previous month, its government said late on Monday.

August 7, 2012 11:00
 
Ample-Middle-East-crude-seen-to-curb-Urals-flow-to-Asia

Kuwait raises August crude OSP to Asia by 85 cents per barrel

Kuwait's crude price formula is loosely linked to that of Saudi Arabia's Arab Medium grade.

July 11, 2012 12:00
 
DME Oman

Dubai sets September crude price at parity to DME Oman

Dubai has set its official differential to Oman futures for September at parity, down from a premium of 10 cents a barrel from the previous month, the Dubai Department of Petroleum Affairs said on Thursday.

June 28, 2012 4:46
 
Saudi Aramco Sets May Propane at $810/T, Down $180

Saudi Aramco Sets May Propane at $810/T, Down $180

State-run Saudi Aramco has set its May contract price for propane at $810 a tonne, down $180 from the April level, an industry source said on Tuesday.

May 1, 2012 9:37
 
Yemen Cuts June Masila Crude OSP to $1.63/BBL Premium

Yemen Cuts June Masila Crude OSP to $1.63/BBL Premium

Yemen has set the official selling price of its Masila crude for loading in June at a premium of $1.63 a barrel to dated Brent, down 92 cents from the previous month, its government said late Monday.

April 10, 2012 2:48
 
Shell scrambles to pay $1B for Iran oil

Shell scrambles to pay $1B for Iran oil

Royal 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
 
Iran sanctions bring unintended, unwanted results

Iran sanctions bring unintended, unwanted results

Western sanctions have so far failed to deter Iran from pursuing its nuclear programme and their unexpected and unintended side-effects are producing a new collection of challenges.

March 24, 2012 3:58
 
Saudi words won’t ease pressure on US fuel prices

Saudi words won’t ease pressure on US fuel prices

Saudi Arabia can't easily relieve Barack Obama's fuel price misery. Una Galani talks about why options for the world’s biggest oil supplier to rein in runaway crude are all imperfect.

March 21, 2012 2:48
 
Saudi seeks to calm oil price worries

Saudi seeks to calm oil price worries

Top oil exporter Saudi Arabia sought to soothe fears about high oil prices, saying on Tuesday that world supplies were well in excess of demand and that crude at $125 a barrel was not justified given the anaemic state of the world economy.

March 21, 2012 1:51
 
Oil slips under $125 on growth concerns

Oil slips under $125 on growth concerns

Oil 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
 
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