Searched for
SOMO
Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil market reacts to US-Iran talks, Strait of Hormuz developments and supply outlookOil prices posted gains during Tuesday's trading, but both Brent and US WTI crude futures remained on course for their biggest quarterly de...- Saudi Aramco resumes oil loading at Ras Tanura after four-month halt, data showsSaudi Aramco has restarted oil loading at its Ras Tanura terminal after a four-month pause, with two massive crude carriers seen taking on ...
- Qatar offers crude for July-August loading via tender, sources sayQatarEnergy has launched a tender to sell crude oil for July-August loadings, offering its Al-Shaheen, Marine Qatar, and Marine Land grades...
- Iraq has asked Turkey to extend the Kirkuk-Ceyhan oil pipeline deal for at least a yearIraq has asked Turkey to extend the Kirkuk-Ceyhan oil pipeline agreement for at least one year. This extension will provide more time to ne...
- AI firms flex lobbying muscle on both side of AtlanticAI companies are spending heavily to shape new regulations in Europe and the United States. They are also engaging the public, promoting AI...
- Iran-Israel war: Iraq urges customers to send oil loading plans after Hormuz exemption, document showsIraq's state oil marketer SOMO has asked customers for crude oil lifting schedules within 24 hours. This follows reports that Iran has exem...
- Israel-Iran war: Iraq declares force majeure on foreign-operated oilfields over Hormuz disruption, sources sayIraq has declared force majeure on its oilfields. Military operations have disrupted navigation through the Strait of Hormuz. This has halt...
- One killed in attack on oil tankers off Iraq, rescue operation ongoingAn attack on two oil tankers near Iraq resulted in at least one crew member's death and 38 rescues, with the search for missing individuals...
- Saudi Arabia, Iraq allocate full term crude volumes to Indian refiners in December, sources sayIndian refiners are securing full crude oil allocations from Saudi Arabia and Iraq for December. These Middle Eastern suppliers are also of...
- Oil inches up as tension flares in Europe, Middle EastOil prices saw a slight increase due to geopolitical tensions in Europe and the Middle East. Russia's actions near Poland and airspace viol...
- 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...
- How middlemen funnel illegal Chinese vapes into the United StatesA small firm near Chicago is under scrutiny for importing millions of unauthorized Chinese vapes into the U.S., becoming a key player in th...
- Oil slides more than $7 on inflation and Iraq exportsBrent crude futures for October settlement were down $7.12, or 6.8%, at $97.97 a barrel by 12:20 p.m. EDT (1620 GMT) after touching a sessi...
- Iraq maintaining its position in Indian market despite rise in Russian oil imports - SOMO head"Several countries including India found Russian crude oil, which is now being sold with big discounts, as an alternative to competing crud...
- HPCL to raise Iraqi oil imports by 45% in 2022: SourcesIraq is the top supplier of oil to India, and higher purchases by HPCL will further strengthen the Middle East nation's share in Indian mar...
- Crude under the hammer: How sellers are hoping to boost value of their oilIraq’s state oil marketing company, known as SOMO, conducted its first-ever auction in April.
- Most-charitable celebrity of 2016: Singer Beyonce tops listMeanwhile, Taylor Swift donated $1 million to help flood victims in Louisiana.
- Jennifer Lopez, Lin-Manuel Miranda to record song for Orlando shooting victimsLopez has joined Miranda on the track called 'Love Make The World Go Round' to help the Hispanic Federation's Proyecto Somos Orlando initia...
- 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.
- HPCL to triple crude oil import from IranState-owned Hindustan Petroleum Corp Ltd (HPCL) will triple crude oil import from Iran while reducing supplies from Iraq next fiscal.
Load More
