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Oil and Gas Refining

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  • *Obama to send up to 300 military advisors to Iraq. SINGAPORE, June 20- Brent crude held near $115 a barrel on Friday, close to a nine-month high and headed for its second weekly gain on increased risks of supply disruptions from Iraq.

  • *U.S. to send military advisers to Iraq, offers air support. NEW YORK, June 19- Brent crude hit a nine-month high of more than $115 a barrel on Thursday as the United States said it could send military advisers to Iraq, raising concerns about the escalating conflict.

  • *Govt spokesman: Malaysia had supplied Iranian crude. *Its sole 50,000 bpd refinery configured for Iran light. COLOMBO, June 19- Sri Lanka has been buying Iranian crude through third parties from various countries and avoiding sanctions with the understanding of the United States, a government spokesman said on Thursday.

  • *Iraq asks United States for air support vs insurgents. NEW YORK, June 19- Brent crude hit a nine-month high near $115 a barrel Thursday, as concerns that ongoing violence in Iraq could limit oil supply from OPEC's second-biggest producer.

  • *Iraq asks United States for air support vs insurgents. LONDON, June 19- Brent crude hit a nine-month high near $115 a barrel on Thursday on concerns heavy fighting in Iraq could limit oil supply from OPEC's second-biggest producer.

  • *India plans to pay $1.65 bln Iran oil dues via UAE central bank- sources. NEW DELHI, June 18- India plans to clear some pending oil payments to Iran through the United Arab Emirates central bank, three sources with knowledge of the matter said, under an interim nuclear deal that has allowed Tehran access to $4.2 billion in blocked funds globally.

  • *Oil majors pull foreign staff from Iraq. NEW YORK, June 18- Brent crude rose to a nine-month high on Wednesday as investors worried about exports from Iraq, while U.S. crude dipped after government numbers showed domestic crude inventories fell much less than an industry group had reported.

  • *Oil majors pull foreign staff from Iraq. NEW YORK, June 18- Brent rose past $114 a barrel on Wednesday on worries about exports from Iraq, while U.S. crude dipped as government numbers showed a much smaller draw in domestic stocks than an industry report showed a day earlier.

  • *Oil majors pull foreign staff from Iraq. NEW YORK, June 18- Brent crude oil rose past $114 a barrel on Wednesday on worries about exports from Iraq, while U.S. crude dipped as government numbers showed a much smaller draw in domestic stocks than an industry report showed a day earlier.

  • Crude oil inventories down 579,000 barrels     Wednesday, 18 Jun 2014 | 10:30 AM ET

    CNBC's Jackie DeAngelis reports crude oil inventories drew down 579,000 barrels.

  • LONDON, June 18- The price of Brent crude oil rose towards $114 a barrel on Wednesday as Sunni militants pushed forward in northern Iraq, striking the country's biggest refinery and stoking worries about oil exports as some firms pulled foreign oil workers out of the country.

  • FX COLUMN-Crude comparisons leave dollar in driving seat Wednesday, 18 Jun 2014 | 6:45 AM ET

    LONDON, June 18- The dollar should be the ultimate beneficiary of the prolonged unrest in the Middle East that has already seen the price of oil tick higher on fears of supply disruptions.

  • *Sunni militants renew attack on key refinery near Baghdad. LONDON, June 18- Brent crude rose towards $114 a barrel on Wednesday as Sunni militants pushed forward in northern Iraq, striking a key refinery near Baghdad and stoking worries about oil exports from the key producer.

  • *Oil at $120 for 3-4 months to cost an extra $3.3 billion- sources. NEW DELHI, June 18- India's government expects oil prices to rise as high as $120 per barrel for several months because of fighting in Iraq, potentially driving a hole of at least 200 billion rupees in the budget, two government sources told Reuters.

  • UPDATE 2-Brent holds above $113 amid Iraq violence Wednesday, 18 Jun 2014 | 3:01 AM ET

    *Foreign oil firms pull staff from Iraq. SINGAPORE, June 18- Brent crude held above $113 per barrel on Wednesday as heavy fighting in Iraq shut the country's biggest refinery and led to the withdrawal of staff by foreign oil firms, stoking worries about exports from the key oil producer.

  • Brent holds above $113 amid Iraq violence Wednesday, 18 Jun 2014 | 12:10 AM ET

    *Foreign oil firms pull staff from Iraq. SINGAPORE, June 18- Brent crude held above $113 per barrel on Wednesday as heavy fighting in Iraq shut the country's biggest refinery and led to the withdrawal of staff by foreign oil firms, stoking worries about exports from the key oil producer.

  • SEOUL, June 18- U.S. crude oil futures rose in early Asian trade on Wednesday, as tension in Iraq cast doubt on the OPEC member's oil growth targets and U.S. crude stocks fell more than expected.

  • *Iran, world powers to meet in Vienna for nuclear talks. *Britain to reopen Iran embassy in diplomatic breakthrough. NEW YORK, June 17- Brent oil held steady above $113 per barrel and U.S. crude weakened slightly on Tuesday as fears over oil supply disruptions from Iraq offset the possibility of increased supply due to a thawing of relations between Iran and the West.

  • Iran, world powers to meet in Vienna for nuclear talks. *UK to reopen Iran embassy in diplomatic breakthrough. NEW YORK, June 17- Brent oil held steady above $113 per barrel on Tuesday and U.S. crude weakened slightly as fears over oil supply disruptions from Iraq offset thawing relations between Iran and the West.

  • Iran, world powers to meet in Vienna for nuclear talks. *Iraq's main refinery shuts down. NEW YORK, June 17- Brent oil held steady above $113 per barrel on Tuesday as fears that violence in Iraq could hit exports offset thawing relations between Iran and the West that could boost that nation's output.