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BASRA LIGHT CRUDE
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...- Asia's refiners face profit crunch as Kuwait cuts crude exportsLower Kuwaiti exports follow cuts from OPEC kingpin Saudi Arabia that have pushed Brent prices close to $90 a barrel and left little wriggl...
- US sells off Iranian crude oil seized off coast of UAEThe oil came from the MT Achilleas, a ship seized in February by the U.S. off the coast of the Emirati port city of Fujairah. U.S court doc...
- ISIS preparing dirty bomb: ReportIslamic State terrorists in Iraq may have stolen a case of extremely radioactive material, which they could fashion into a so-called dirty ...
- 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.
- IOC to import Iraqi oil for India's maiden strategic reserveIndia, which is 79 per cent dependent on imports to meet its crude oil needs, is building emergency stockpiles with millions of barrels of ...
- 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.
- Iraq crisis: Conflict not to affect oil supply, says Petroleum Minister Dharmendra PradhanPradhan reviewed availability of petroleum products in the country in light of the week-long conflict that has threatened to push Iraq into...
- 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...
- Oil prices below $102 in Asian tradeWorld oil prices traded below $102 in Asian trade on Tuesday after falling more than four dollars in New York on concerns about slowing ene...
- Oil prices drop, remain above $107Oil prices fell on Friday on renewed concern that a slowdown in the US economy would dampen energy demand and on news that damage to an Ira...
- Oil drops below $107 a barrel after previous session's jump on Iraq pipeline attackOil prices fell after jumping more than $1 a barrel in the previous session as the bombing of a key Iraqi oil pipeline heightened supply co...
- Oil prices lower in Asian trade as Iraqi oil supplies concerns easeWorld oil prices fell in Asian trade Friday on news that the damage to an Iraqi export pipeline attacked by saboteurs was not as serious as...
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