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Oil and Gas Refining

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  • SINGAPORE, Feb 19- U.S. crude rose above $103 a barrel on Wednesday, close to a four-month high, on forecasts of lower crude and oil products stockpiles due to new pipeline capacity and robust winter demand.

  • *Social unrest in Venezuela add to jitters. SINGAPORE, Feb 19- Brent crude held above $110 a barrel on Wednesday, underpinned by geopolitical concerns in Africa and Venezuela, while U.S. oil touched its highest in four months as stockpiles are forecast to fall on winter demand and new pipeline capacity.

  • SINGAPORE, Feb 19- U.S. crude rose above $103 a barrel on Wednesday to a fresh four-month high, on forecasts of lower crude and oil products stockpiles due to new pipeline capacity and robust winter demand.

  • LONDON, Feb 17- Brent crude oil steadied above $109 a barrel on Monday, supported by a weak dollar, supply disruptions and a severe winter across North America that has boosted heating demand. Brent crude oil rose 5 cents to $109.13 a barrel 0900 GMT, swinging between a high of $109.40 and a low of $108.93.

  • SINGAPORE, Feb 17- Brent futures slipped towards $109 a barrel on Monday as disappointing U.S. economic data revived worries about demand from the world's top oil consumer, but strong consumption of heating fuels due to a cold spell checked losses. Brent crude slipped 4 cents to $109.04 a barrel by 0523 GMT, swinging between a high of $109.40 and a low $108.93.

  • --Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, Feb 17- China's record imports of crude oil in January have largely, and correctly, been dismissed by the market as being artificially boosted by restocking ahead of the Lunar New Year holidays.

  • NYMEX-U.S. crude slips on weak economic data Thursday, 13 Feb 2014 | 7:38 PM ET

    *U.S. crude for March delivery fell 13 cents to $100.23 by 0030 GMT after closing at $100.35 on Thursday. *Libya's oil output dropped to 460,000 barrels per day on Thursday after protesters shut down pipelines from the El Wafa and El Sharara oilfields, the National Oil Corporation said on Thursday.

  • Feb 13- Cenovus Energy Inc said on Thursday it will take longer than expected to bring its Foster Creek oil sands project in Alberta to its full production rate as the company delayed optimization work until after an expansion is completed.

  • NEW YORK, Feb 13- Brent crude oil futures prices edged lower on Thursday, pressured by a forecast dip in demand during refinery maintenance season and a rise in jobless claims in the United States, the world's largest oil consumer.

  • NEW YORK, Feb 13- Crude oil prices slipped on Thursday, pressured by an expected dip in demand during the refinery maintenance season and a rise in jobless claims in the United States, the world's largest oil consumer.

  • Feb 13- Canadian oil and gas producer Cenovus Energy Inc's fourth-quarter operating profit fell short of analysts' estimates as production at its Foster Creek oil sands project in northern Alberta dropped 11 percent.

  • UPDATE 1-Robust demand tightening oil market, IEA says Thursday, 13 Feb 2014 | 5:12 AM ET

    *Joins EIA, OPEC in raising demand growth estimate. That was boosted by a rebound in demand in North America and Europe after several years of declining consumption. The Paris- based agency increased its estimate of the demand for oil from the Organization of the Petroleum Exporting Countries from last month's report by 100,000 bpd to 29.6 million bpd.

  • UPDATE 3-Oil slips towards $108; IEA helps curb losses Thursday, 13 Feb 2014 | 4:56 AM ET

    *OPEC, IEA, EIA all raise oil demand growth forecasts. LONDON, Feb 13- Brent crude oil slipped towards $108 a barrel on Thursday, easing for the first time in three sessions ahead of an expected dip in demand during the refinery maintenance season. The comments reinforced supportive reports by the U.S. Energy Information Administration and OPEC.

  • *Rosneft says expects Ryazan refinery back to normal by Feb. 19. MOSCOW, Feb 13- Russia's top oil producer Rosneft said it had halted output of oil products at its Ryazan refinery, a key fuel supplier to Moscow's airports, after a fire late on Wednesday caused by a railcar crash.

  • *OPEC, EIA raise oil demand growth forecast for this year. Losses were limited as data showed record crude imports by China in January, and major forecasters U.S. Energy Information Administration and the OPEC raised their expectations for oil demand growth this year.

  • *OPEC, EIA raise oil demand growth forecast for this year. Losses were limited as data showed record crude imports by China in January, and major forecasters U.S. Energy Information Administration and the OPEC raised their expectations for oil demand growth this year.

  • Losses were limited as data showed record crude imports by China in January, and major forecasters U.S. Energy Information Administration and the OPEC raised their expectations for oil demand growth this year.

  • ATHENS, Feb 13- Greece's biggest refiner Hellenic Petroleum said late on Wednesday it was planning to temporarily halt production at a flexicoker unit in its Elefsina refinery to repair a technical glitch. "The company has... prepared all required actions to set up a shutdown of the unit," Hellenic said in a statement.

  • NYMEX-U.S. crude dips but holds near four-month high Wednesday, 12 Feb 2014 | 8:09 PM ET

    SINGAPORE Feb 13- U.S. crude oil futures eased on Thursday, but held near a four-month high touched the previous session on expectations one-time landlocked oil will continue to flow to Gulf coast refineries from the U.S. contract's benchmark delivery point. U.S. crude for March delivery fell 13 cents to $100.24 by 0040 GMT after closing at $100.37 on Wednesday.

  • *Cushing sees 2.6 mln barrel draw- EIA. NEW YORK, Feb 12- U.S. oil settled at a four-month high on Wednesday supported by expectations that one-time landlocked oil at the U.S. contract's benchmark delivery point would continue to flow to Gulf Coast refineries after government data showed a large drain in supplies there.