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Business
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Economy
12/21/2011 3:52:11 PM
Libya to supply four major European trading houses with crude oil in 2012 in departure from Gadaffi-era energy policy
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Business
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Economy
12/21/2011 12:28:17 PM
China, the world's second-largest oil consumer, has imported an average 4.14 million tonnes of crude oil a month from Saudi Arabia so far this year
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Business
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Economy
12/16/2011 10:59:41 AM
The new sanctions on Iran will restrict financial transactions with 99 Iranian firms and six individuals, but will not affect Iran's crude oil exports to Korea
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Business
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Economy
12/14/2011 2:09:49 PM
A new agreement between OPEC producers is expected to put a cap for all 12 countries output but will keep overall level near 3-year high
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Business
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Economy
12/13/2011 12:42:53 PM
Slowing demand for oil and increasing supplies will level out the energy market in coming years, claims West's energy watchdog
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World
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Region
12/11/2011 5:18:42 PM
Top Iranian oil official warns western nations, including the US, of imposing sanctions on the country's oil exports, saying it would damage the global crude market
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Business
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Economy
12/11/2011 1:22:12 PM
A major customer for Sudanese crude, China is trying to broker an end to disagreement between the north and south over transit fees
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Business
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Economy
12/7/2011 4:16:25 PM
Kingdom's production reached over 10 million in November due to rising consumer demand, says official
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Business
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Economy
12/7/2011 1:58:54 PM
War-wrecked nation is making a surprisingly quick recovery despite the destruction of a tenth of its production facilities, says chief of oil body
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Business
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Economy
12/4/2011 11:57:07 AM
Market is already being affected by rising tensions over Iran's nuclear activities and economic troubles in the US and Europe
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Business
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Economy
12/2/2011 2:51:48 PM
Friday's restrictions on state-owned oil producers form part of a concerted new effort by Europe, the US and the Arab League to hamper Assad's control over the economy
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Business
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Economy
12/1/2011 12:05:20 PM
Production is picking up as war-torn country finds fragile peace, with the Asian city state the latest territory to arrange oil shipments
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Business
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Economy
11/30/2011 12:03:22 PM
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Business
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Economy
11/28/2011 3:41:06 PM
Freeze comes after new nation fails to reach an agreement on a transit fee for exporting its oil through its northern neighbour
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Business
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Economy
11/26/2011 2:38:56 PM
The EU will have to source its crude needs from other sources apart from Iran, but would Greece, Spain, Italy be able to afford to pay a premium?
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Business
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Economy
11/23/2011 1:05:33 PM
Brent crude fell near $108 on Wednesday as data from the United States and China showed a slowdown in economic growth, stoking fears of weaker demand from the world's two largest oil users
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Business
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Economy
11/21/2011 1:00:34 PM
The newly-founded state, South Sudan, releases oil sales figures
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Business
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Economy
11/18/2011 1:39:04 PM
British oil producer, which has output by a fifth, says it will continue operations in the troubled country unless new sanctions make it illegal to do so
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Business
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Economy
11/18/2011 11:24:06 AM
Ministry say it is the principal seller of newly-independent country's crude, ruling out a marketing role for Glencore
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Business
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Economy
11/15/2011 6:50:27 PM
Head of national oil producer calls for countries to make room for Libya's returning oil output
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