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BASRA HEAVY CRUDE
Oil tankers transiting Strait of Hormuz since start of Iran warOil tankers from various nations are successfully passing through the Strait of Hormuz. These vessels are carrying vital oil and gas suppli...- Oil tankers transiting Strait of Hormuz since start of Iran warOil tankers are successfully transiting the Strait of Hormuz. Vessels from various nations are carrying crude oil and refined products to d...
- Saudi Aramco, Iraq company SOMO halt oil sales to Nayara EnergySaudi Aramco and Iraq's SOMO have suspended crude sales to India's Nayara Energy following EU sanctions on the Russian-backed refiner. This...
- IOC buys 4 million barrels of Mideast, West African crude for February loading - sourcesThe refiner purchased 2 million barrels of Upper Zakum crude, 1 million barrels each of Basra Heavy and Nemba crude, they said.
- View: Iraq may be the next flash point for crude oil marketSouthern Iraq is home to most of Iraq’s oil industry and the protests have reached Basra.
- India's MRPL buys first Iraqi Basra Heavy crude from Shell - sourcesMangalore Refinery and Petrochemicals Ltd has bought its first cargo of Iraqi Basra Heavy crude from Royal Dutch Shell via a tender
- Market valuing Reliance Jio's equity value as zero, RIL's P/BV near 2005-07 low: Jal IraniMargins on petrol were nearly $9 a barrel higher than diesel's; RIL had switched its production of petrol from 20% to 24%, says Irani.
- MRPL surges on Colombian crude buy planWhile the overall market sentiment was dampened by the weakening global outlook, the stock surged 4.52% to hit its day’s high of Rs 54.30.
- Hampered by quality issues, Iraq backs crude split to drive exportsOPEC's No. 2 producer has little choice, since its drive to boost production - which hit a record 3.15 million barrels per day last year.
- OPEC basket price rose more to $72.86OPEC's reference crude oil basket price rose further to $72.86 a barrel on Thursday from $71.15 the previous day.
- OPEC basket price rose to $44.48 on MondayOPEC's reference crude oil basket price rebounded to $44.48 a barrel on Monday from $42.56 the previous day.
- OPEC basket price fell more to $55.90 on TuesdayOPEC's reference crude oil basket price dropped further to $55.90 a barrel on Tuesday from $56.80 the day before, OPEC said on Wednesday.
- Oil drops as dollar gains trigger commodities sell-offOil fell toward $100 on Tuesday, extending losses from the previous session as a strengthening US dollar triggered a wide sell-off across c...
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