SINGAPORE, Dec 12- Brent futures held steady above $109 a barrel on Thursday as a looming U.S. budget deal backed expectations the Federal Reserve may act soon to unwind a stimulus programme that has supported oil prices, keeping investors at bay.» Read More
*Iraq improves terms for Nasiriya oil, refinery project. *Iraq blames Shell for Majnoon delay; Shell cites safety focus. BAGHDAD/ LONDON, Aug 27- Iraq has offered investors more lucrative terms to tap a large oilfield and build a refinery, while blaming Royal Dutch Shell for underproducing billions of dollars' worth of crude.
*West readies attacks after Syria gas "obscenity". LONDON, Aug 27- Brent crude climbed to a six-month high of $113 a barrel on Tuesday as Western powers readied a military strike against Syria to punish it for a poison gas attack.
*U.S. discusses suspected Syria chemical attack with allies. LONDON, Aug 27- Brent crude rose to $112 a barrel on Tuesday, nearly a six month high, as rising tension over a suspected chemical weapons attack on civilians in Syria raised the prospect of Western military action in the Middle East.
*White House says evidence of poison gas "undeniable". NEW YORK, Aug 26- Brent crude oil prices hit a five-month high above $111 a barrel on Monday as the United States signalled it was edging toward a possible military response to last week's suspected chemical attack in Syria, but prices settled slighty lower in choppy trade as weak U.S. economic data weighed.
NEW YORK, Aug 26- Brent crude oil prices eased off a five-month high of more than $111 a barrel on Monday, but remained strong as tensions in the Middle East were stoked by the increasing possibility of a Western-led military response to an alleged chemical weapons attack in Syria.
*Tensions rise over suspected poison gas attack in Syria. NEW YORK, Aug 26- Brent crude oil prices hit a near five-month high of more than $111 a barrel on Monday as tensions in the Middle East were stoked by the increasing possibility of a Western-led military response to an alleged chemical weapons attack in Syria.
SINGAPORE, Aug 26- U.S. crude rose toward $107 a barrel on Monday, extending Friday's gain of more than $1 after gasoline prices surged on refinery outages in the United States and on simmering geopolitical tensions in the Middle East.
HOUSTON/ NEW YORK, Aug 25- With Texas one of the few bright spots in the U.S. economy, the skyline of swaggering Houston is where the action is as builders and global oil companies, from Phillips 66 to Exxon Mobil Corp, look past previous busts and spend billions on gleaming new buildings.
HONG KONG, Aug 25- Asia's largest refiner Sinopec Corp posted a 22 percent rise in second-quarter net profit, helped by better refining margins after China introduced measures to let domestic fuel prices follow the international market more closely. For years, state oil companies like Sinopec Corp and PetroChina.
HONG KONG, Aug 25- Asia's largest refiner Sinopec Corp posted a 22 percent rise in second-quarter net profit, helped by better refining margins after China introduced measures to let domestic fuel prices follow the international market more closely.
NEW YORK, Aug 23- A rise in gasoline futures helped pull oil prices higher on Friday following news of a unit shutdown at a Canadian East Coast refinery. Brent's premium to WTI narrowed to $4.16 a barrel during the session, after a $3 per barrel spike earlier this week that sent the spread to $6 for the first time since late June.
*Gasoline prices supported by St. John refinery work. NEW YORK, Aug 23- Oil prices rose on Friday led by gasoline futures following news of a unit shutdown at an East Coast Canadian refinery. Brent's premium to WTI narrowed to $4.30 a barrel after a $3 per barrel spike earlier this week that sent the spread to $6 for the first time since late June.
*Gasoline prices get support from St. John refinery work. NEW YORK, Aug 23- Oil prices rose nearly $1 on Friday while gasoline futures jumped more than 1 percent following news of a major unit shutdown at an East Coast Canadian refinery.
CALGARY, Alberta, Aug 23- As Wall Street giant JPMorgan Chase& Co begins the search for buyers of its physical commodities business, a collection of long-term leases on more than a quarter of the oil storage tanks in Canada's primary trading hub may emerge as one of its most valuable but lesser-known assets.
LONDON, Aug 23- The United States has emerged as a big net exporter of propane and other liquefied petroleum gases, thanks to the shale revolution, becoming a prime supplier of heating, cooking and motor fuel for countries across Latin America.
*Iran drops to 15th among India's oil suppliers in July. *India replaces Iran crude with oil from Latin America, Oman, Iraq. The cut in Essar Oil's Iran volumes were likely due to New Delhi's delay in extending approvals for Iranian insurers covering shipments into India, a trade source said.
LAUNCESTON, Australia, Aug 22- The surge in China's diesel exports this year has grabbed headlines in the Asian oil products market, overshadowing strong gains in shipments of jet kerosene.
PERTH, Aug 21- U.S. crude futures inched up on Wednesday, supported by supply disruptions in Libya, whose export capacity has been slashed in half due to civil unrest. *NYMEX crude for October delivery rose 12 cents to $105.23 by 0045 GMT.
NEW YORK, Aug 20- U.S. crude oil futures fell sharply on Tuesday as traders sold to close out positions ahead of the front-month contract's expiration and in reaction to news the Seaway pipeline had shut down halting shipments from Oklahoma to the Gulf Coast.
NEW YORK, Aug 20- Brent crude oil futures rose on Tuesday as violent clashes at a major Libyan port heightened concerns about potential supply disruptions in the Middle East, reversing losses caused by concerns about the U.S.