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Iran to Maintain Daily Oil Sales at 1 Million Barrels Into July

15/04/2014
Iran anticipates maintaining crude exports at about 1 million barrels a day until at least July when a deal

Canada's oil output seen growing to 3.9 million b/d next year: CAPP official

15/04/2014
Canada's total crude oil output is expected to reach 3.9 million b/d in 2015, some 500,000 b/d more than

Oil falls below $104 a barrel ahead of meeting in Switzerland over Ukraine crisis

15/04/2014
The price of oil fell Tuesday ahead of talks in Switzerland that might help defuse tension between the

Iran says oil barter deal with Russia very hard to seal

15/04/2014
Iran and Russia will find it hard to agree any oil or gas trade deal because they are rivals in both markets,

Mexico's proven oil and gas reserves fall 3 pct in 2013

15/04/2014
Mexico's proven oil and gas reserves fell 3.1 percent in 2013, according to energy ministry data, as

Oil Output at Indonesia’s Pertamina Rises 4% in First 3 Months

15/04/2014
Pertamina, the state energy company, announced on Monday that average oil production increased

Oman's gas usage to jump by over 10% annually: H E Aufi

15/04/2014
With the rapid expansion of power generation capacity, industries and refinery projects in the sultanate,

NWE diesel swaps backwardation hits 11-month high on supply shortage

15/04/2014
The near-term supply shortage of ultra low sulfur diesel in Northwest Europe has forced up the forward curve

Singapore 92 RON gasoline inter-month spread hits 8-month high on firm demand

15/04/2014
The prompt inter-month timespread for the FOB Singapore 92 RON swaps rose to an eight-month high last

Shale Oil Cuts Crude Export Revenue By N181bn — NNPC

15/04/2014
Nigeria’s total crude export declined by 13.45 per cent, between December 2012 and December 2013, leading

Kazakhstan looks to offset Kashagan output setback this year

15/04/2014
Kazakhstan wants to make up for a possible lack of output this year from the Kashagan oil project by

Oil Climbs to Five-Week High on Ukraine-Russia Tension

15/04/2014
Brent and West Texas Intermediate crudes rose to five-week highs as tension escalated between Ukraine and

ONGC may save up to $800 mn if it uses RIL’s KG set-up

15/04/2014
State-owned ONGC could save up to $800 million on capital cost if it decides to use infrastructure facilities

Kuwait signs $US12bn oil contracts

15/04/2014
The Kuwait National Petroleum Company has signed contracts worth $US12 billion ($A12.79 billion) with three

Middle East Crude-Qatar sells condensate; new splitters eyed

15/04/2014
Condensate stayed under pressure in the Middle East crude market on Monday as unsold May supply weighed

Talks to be held to boost oil production at other oilfields over failed plans to produce 2.5 million tons at Kashagan

15/04/2014
Given the risks of further postponement of commercial production at the giant Kashagan oilfield, talks will be

Asia-Pacific Crude-Weaker; Rosneft sells Sokol

15/04/2014
The Asia-Pacific crude market weakened on Monday after the premium for Russian Sokol crude fell because of

Speculators Boost Bullish Oil Wagers on OPEC Output Drop

15/04/2014
A drop in OPEC production came just as refineries began looking for supply, helping boost bullish speculative

US oil to rise into $104.88-$105.22 range

14/04/2014
US oil is expected to rise into a range of $104.88-$105.22 per barrel, as it has broken above a resistance of $103.73. The resistance is at the 100 percent Fibonacci

Angola: Total launches the development of Kaombo, an ultra-deep offshore project

14/04/2014
Total and its joint venture partners have made the final investment decision to develop the ultra-deep
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