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  • CALGARY, Alberta, July 22- Canada's largest pipeline company Enbridge Inc may build a 140,000 barrel per day unit train unloading terminal in Pontiac, Illinois, to relieve congestion on its crude oil export network.

  • UPDATE 8-Oil slips as supplies flow despite conflicts Tuesday, 22 Jul 2014 | 4:09 PM ET

    NEW YORK, July 22- Brent and U.S. crude settled lower after a choppy trading session on Tuesday as oil supplies remained unaffected by continuing violence in Iraq, Ukraine and Gaza. The European Union threatened Russia on Tuesday with harsher sanctions over Ukraine that could inflict wider damage on its economy following the downing of a Malaysian airliner.

  • NEW YORK, July 22- Brent and U.S. crude edged lower in choppy trading on Tuesday as oil supplies remained unaffected by continuing violence in Iraq, Ukraine and Gaza.

  • NEW YORK, July 22 (Reuters)- Brent crude oil futures edged higher in choppy trading on Tuesday, as traders searched for direction amidst political tensions in Ukraine and Gaza, and U.S. prices were supported by expectations of a drop in national stockpiles.

  • *Fighting in Ukraine, Gaza adds to oil risk premium. LONDON, July 22- Brent crude steadied around $108 a barrel on Tuesday, supported by expectations of large draws in U.S. oil stockpiles and escalating geopolitical tension over Ukraine causing European foreign ministers to consider further sanctions on Russia.

  • *Fighting in Ukraine, Gaza adds to oil risk premium. SINGAPORE, July 22- Brent crude edged up towards $108 a barrel on Tuesday, pushed higher by escalating geopolitical tension over Ukraine and expectations of large draws in U.S. oil stockpiles.

  • *Fighting in Ukraine, Gaza adds to oil risk premium. "There is a lot of tough talk going on at the moment and the potential is there for further sanctions on Russia, which would have an impact across energy markets," said Ben Le Brun, a market analyst at Sydney- based trader OptionsXpress.

  • *U.S. accuses Russia of complicity in shooting down flight MH17. NEW YORK, July 21- Oil prices rose on Monday as the threat of escalating tension between Russia and the West over the crisis in Ukraine mounted, while August U.S. crude zoomed higher prior to its expiry.

  • U.S. accuses Russia of complicity in shooting down flight MH17. *New European sanctions on Russia may heighten oil risk premium. NEW YORK, July 21- Oil prices rose on Monday as the threat of escalating tension between Russia and the West mounted, while August U.S. crude zoomed higher prior to its expiry.

  • *U.S. accuses Russia of complicity in shooting down flight MH17. *New European sanctions on Russia may heighten oil risk premium. NEW YORK, July 21- Oil prices rose on Monday as the threat grew of escalating tension between Russia and the West, while August U.S. crude zoomed higher prior to its expiry.

  • NEW YORK, July 21- U.S. crude pared gains Monday as President Barack Obama spoke about addressing violence in Ukraine which has heightened the geopolitical risk premium. Investors remained on edge Monday, keeping an eye on the crisis between Moscow and the West after the downing of a civilian airliner in Ukraine pushed up oil prices last week.

  • *Washington slaps toughest sanctions yet on Russia. LONDON, July 17- Brent oil rose above $108 a barrel on Thursday with a sharp drop in U.S. crude stockpiles boosting the demand outlook in the world's top oil consumer while tougher U.S. sanctions on Russia raised geopolitical concerns.

  • *Washington slaps toughest sanctions yet on Russia. LONDON, July 17- Brent oil held above $107 a barrel on Thursday with a sharp drop in U.S. crude stockpiles boosting the demand outlook in the world's top oil consumer while tougher U.S. sanctions on Russia raised geopolitical concerns.

  • SINGAPORE July 17- Brent futures held above $107 a barrel on Thursday as a sharp drop in U.S. crude stockpiles and promising economic growth data from China indicated an improving outlook for demand in the world's top two oil consumers. Continued worries about the geopolitical situation in North Africa, the Middle East and Ukraine also underpinned oil prices.

  • Brent holds above $107 on US crude draw, China data Thursday, 17 Jul 2014 | 12:06 AM ET

    SINGAPORE July 17- Brent futures held above $107 a barrel on Thursday as a sharp drop in U.S. crude stockpiles and promising economic growth data from China indicated an improving outlook for demand in the world's top two oil consumers. Continued worries about the geopolitical situation in North Africa, the Middle East and Ukraine also underpinned oil prices.

  • NEW YORK, July 16- U.S. crude oil rose more than $1 on Wednesday, rebounding from recent steep drops after government data showed the country's crude stockpiles fell sharply last week.

  • NEW YORK, July 16- U.S. crude oil rose more than $1 on Wednesday, rebounding from recent steep losses after government data showed crude stockpiles in the world's largest oil consumer fell sharply last week.

  • LONDON, July 16- U.S. oil prices extended gains to over a dollar, hitting more than $101 a barrel on Wednesday after government data showed crude stocks in the world's largest oil consumer fell sharply last week.

  • SEOUL, July 16- U.S. crude oil futures recovered slightly to above $100 a barrel on Wednesday in early Asian trade, triggered by a larger than expected draw in U.S. crude inventory. It ended 96 cents down at $106.02 a barrel in the previous session, recovering from a low of $104.39, the weakest point since April 2.

  • NEW YORK, July 14- A $6 billion takeover to create the biggest oil producer in the Bakken shale may also open up new opportunities for some big traders who ship oil from North Dakota and Montana to market.