Asia oil buyers turn to US in hunt for cheap supplyReutersSINGAPORE/NEW YORK (Reuters) - Asia is set to ramp up crude oil imports from the United States in late 2017 and early next year, with buyers searching out cheap supplies after hurricanes hit U.S. de …
Premium TimesOil price jumps to $57.8Premium TimesOil markets jumped on Monday on concerns over potential renewed U.S. sanctions against Iran as well as conflict in Iraq. An explosion at a U.S. oil rig and reduced exploration activity also supported prices …
Record US oil exports set to surge further: MercuriaReutersLONDON (Reuters) - Already record U.S. oil exports are set to surge further in the coming month as stored oil in one of the world's last areas of excess stockpiles pours into global markets, th …
BloombergOil Ticks Up as Hurricane Approaches TexasFox BusinessGenerally, he explained, "a threat to any refining and producing region is bullish for both crude oil and products." Among refined products, Nymex reformulated gasoline blendstock--th …
Iraq faces resistance from Asian buyers on 'ambitious' oil price changeReutersSINGAPORE/DUBAI (Reuters) - Iraq's proposal to change the way it prices crude oil in Asia faces resistance from refiners who fear that longer lead times between prici …
ReutersOil steady as high US output balances crude stock drawReutersLONDON (Reuters) - Oil prices steadied on Thursday after U.S. data showed a big fall in crude stockpiles but also an increase in production, taking U.S. crude output to its highest in more …
ReutersOil edges up on decline in US crude stocks, but high output caps gainsReutersSINGAPORE (Reuters) - Oil prices edged up on Thursday, clawing back some ground after losses in the previous session. Traders said the market was range-bound as falling cru …