world oil

By Meeyoung Cho and Jane Chung DAEGU, South Korea, Oct 16 (Reuters) – Iraq said China is seeking to increase purchases of its crude by more than

GENEVA, May 24 (Reuters) – Angolan and Nigerian differentials were under pressure on Friday as some Asian refiners snubbed west African grades in favour

LONDON – Russian Urals crude strengthened in the Baltic after loading dates for early March showed a possibility of lower-than-usual volumes. Urals

(Bloomberg) — Oil rose after a blast on a bus in Tel Aviv injured at least 10 people, boosting speculation that the conflict between Israel and the

LONDON (Dow Jones)–The number of ships storing crude off the U.S. Gulf Coast has risen to six, shipbroker ICAP said Friday in a note. Three very large

WASHINGTON -(Dow Jones)- The U.S. government on Thursday said it would release 30 million barrels of oil from its strategic petroleum reserves as part of an

HOUSTON (Dow Jones)–Oil and natural-gas companies are spending more than half a trillion dollars in the oil patch during 2011–a record level that

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MAREX brings us Choke Points effecting the world’s oil supply. They write: In 2007, total world oil production amounted to approximately 85 million