LONDON, March 5- Brent crude future prices rose above $61 a barrel on Thursday, as investors brushed aside bearish U.S. inventories data to focus on the lack of a deal in talks over Iran's nuclear programme. Tehran's ambassador to the International Atomic Energy Agency said on Wednesday no deal had been reached on the duration of any possible final agreement with...» Read More
HOUSTON, Sept 9- The first substantial oil-by-rail project at a California refinery won approval on Tuesday despite a last-minute push for more scrutiny by some environmental groups.
NEW YORK, Sept 9- Venezuela's state-run oil company PDVSA is seeking preliminary offers for its U.S. unit Citgo Petroleum Corp by the end of September, a deal that could fetch up to $10 billion, according to two people familiar with the matter.
LONDON/ MOSCOW, Sept 9- The Kremlin's prized oil firm Rosneft is cutting staff and production and selling stakes in Siberian fields in the strongest evidence to date that Western sanctions are hurting what was the world's fastest growing oil firm in recent years.
Oil producers in condensate-heavy shale crude plays like the Eagle Ford and the western Permian Basin in Texas also could fetch better condensate prices if exported, as U.S. refiners have limited demand for it.
*Copper shipments steady, crude oil imports rise. *China steel mills have been slashing output. China's economy has had a bumpy ride this year.
India's Reliance Industries plans to invest about $13 billion in energy projects, including a 400,000 barrels per day crude refinery.
BP said its largest U.S. refinery, at Whiting, Indiana, continued to operate on Thursday morning following a blaze the night before.
Mexico's new energy reforms will not only increase foreign investment, but will also help domestic firms across the economy.
CNBC's Jim Cramer shares his opinions on the high price of oil, and U.S. regulations on exporting.
CNBC's Jackie DeAngelis reports crude oil inventories drew down 579,000 barrels.
BP will use unmanned aircraft systems to conduct aerial surveys of Alaska's North Slope.
India is set to pay Iran $1.65 billion under an interim nuclear deal that eases sanctions and gives Tehran access to $4.2 billion in blocked funds.
U.S. oil futures slipped further below the key $100 a barrel level, and international crude moved closer to U.S. prices as some geopolitical pressures eased.
The next move for world oil prices is likely lower, as growing U.S. oil production outweighs the impact of elevated tensions surrounding Ukraine.
BP says a malfunction at its Whiting refinery in Indiana let crude oil into Lake Michigan, reports CNBC's Sue Herera.
Malcolm Graham-Wood, founding partner at Hydrocarbon Capital, says Shell's earnings were "disappointing" after the company announced that fourth quarter profit will be "significantly lower than recent levels".
Abhishek Deshpande, oil and gas analyst at Natixis, says it is unclear how much oil Iran will bring to the market when the sanctions are lifted.
Deutsche Bank's Paul Sankey explains why his firm ungraded Valero, Phillips 66 and other refiners to a buy.
Jim Cramer explains what to watch ahead of the open, including Valero Energy and WhiteWave Foods.