JEDDAH, Saudi Arabia, May 18- Saudi Arabia's Energy Minister Khalid al-Falih said on Saturday that he saw no oil supply shortage as global oil inventories are still rising, particularly from the United States, but OPEC will be responsive to the oil market's needs. Speaking in Jeddah ahead of a ministerial panel gathering on Sunday of top OPEC and non- OPEC...
*Lower Iran exports, North Sea and OPEC cuts support prices. NEW YORK, May 17- Oil prices edged lower on Friday due to demand fears amid a standoff in Sino-U.S. trade talks, but both benchmarks ended the week higher on rising concerns over supply disruptions in Middle East shipments due to U.S.- Iran political tensions. U.S. sanctions on Iran have already cut the OPEC...
*Lower Iran exports, North Sea and OPEC cuts support prices. NEW YORK, May 17- Oil prices edged lower on Friday, but both benchmarks were on track for a weekly gain on rising concerns over potential further supply disruptions in Middle East shipments due to U.S.- Iran political tensions. U.S. sanctions on Iran have already cut the OPEC member's crude exports further...
*US alleges threats from Iran to its troops and interests. *Iran says this is a psychological warfare. DUBAI, May 17- Iran said on Friday it could "easily" hit U.S. warships in the Gulf, the latest in days of sabre-rattling between Washington and Tehran, while its top diplomat worked to counter U.S. sanctions and salvage a nuclear deal denounced by President Donald Trump.
*Saudis and UAE say ships damaged in deliberate attack. LONDON/ OSLO, May 17- Iran's elite Revolutionary Guards are "highly likely" to have facilitated attacks last Sunday on four tankers including two Saudi ships off Fujairah in the United Arab Emirates, according to a Norwegian insurers' report seen by Reuters. The UAE, Saudi Arabia and Norway are investigating...
*Saudis and UAE say ships damaged in deliberate attack. LONDON/ OSLO, May 17- Iran's elite Revolutionary Guards are "highly likely" to have facilitated attacks last Sunday on four tankers including two Saudi ships off Fujairah in the United Arab Emirates, according to a Norwegian insurers' report seen by Reuters. The UAE, Saudi Arabia and Norway are investigating...
*UAE gives measured response to tanker attacks. DUBAI, May 17- The United Arab Emirates, though a prominent foe of Iran in the Middle East's power struggles, has tempered its reaction to attacks on oil tankers off its coast in an effort to protect its reputation as a safe and stable business hub. While its close ally Saudi Arabia unleashed a barrage of tweets accusing...
Oil prices are on track for a weekly gain, supported by supply disruptions and rising tensions in the Middle East.
TOKYO, May 17- Oil prices rose again on Friday and were on track for the first weekly gains this month, as rising tensions in the Middle East stoked fears of supply disruptions. President Donald Trump ordered the deployment of an aircraft carrier group, B-52 bombers and Patriot missiles to the Middle East. "When tensions are this high, with the U.S. deploying a sizable...
*Germany's DAX jumps, leads European markets higher. *Oil prices rise as Middle East tensions persist. A spike in U.S.- China tensions over import tariffs has convulsed markets recently as investors seek to parse statements from government leaders to gauge the direction of negotiations.
*Saudi-led coalition in Yemen strikes Sanaa, casualties reported. NEW YORK, May 16- Oil futures were up more than 1% on Thursday as tensions in the Middle East grew, with a Saudi-led coalition launching air strikes in retaliation for recent attacks on its crude infrastructure. The Saudi-led military coalition in Yemen carried out several air strikes on the...
The Saudi-led coalition in Yemen carried out several airstrikes on the capital, Sanaa, residents and Al Arabiya news channel said on Thursday.
A UAE official had told Reuters that Saudi Arabia and Norway were also involved. Iran has distanced itself from the attack off Fujairah, one of the world's largest bunkering hubs lying just outside the Strait of Hormuz. U.S. officials believe Iran encouraged Yemen's Houthi group or Iraq- based Shi'ite militias to carry out the attack, two U.S. government sources...
A UAE official had told Reuters that Saudi Arabia and Norway were also involved. Iran has distanced itself from the attack off Fujairah, one of the world's largest bunkering hubs lying just outside the Strait of Hormuz. U.S. officials believe Iran encouraged Yemen's Houthi group or Iraq- based Shi'ite militias to carry out the attack, two U.S. government sources...
*U.S. says Iran likely behind attack, Tehran denies. *U.S.- China trade talks appeared near collapse. LONDON, May 14- Oil prices rose sharply on Tuesday after top exporter Saudi Arabia said explosive-laden drones launched by a Yemeni armed movement aligned to Iran had attacked facilities belonging to state oil company Aramco.
Crude prices rose sharply Tuesday morning on reports of a drone attack at oil pumping stations in Saudi Arabia.
*U.S.- China trade talks appeared near collapse. *Positive statements from Washington, Beijing offer hope. LONDON, May 14- Oil prices rose on Tuesday after the world's top oil exporter Saudi Arabia said explosive-laden drones had attacked two pumping stations belonging to state oil company Aramco.
The Houthis have repeatedly launched drone and missile attacks on Saudi Arabia and claimed to have launched drone attacks on the UAE.
SANTANDER/ MADRID May 13- A Saudi ship that was blocked from loading a weapons cargo in France left the Spanish port of Santander on Monday carrying material destined for Saudi Arabia that could be used in military ceremonies, but not wars, a Spanish government source said. On Friday, rights groups prevented the Bahri-Yanbu from receiving arms at the French port...
MADRID, May 13- A Saudi ship left the Spanish port of Santander on Monday carrying material that could be used in military ceremonies, destined for Saudi Arabia, a Spanish government source said. The same source had earlier said the vessel, the Bahri-Yanbu, was carrying exhibition materials for the United Arab Emirates. "They comply with all the norms, they are not...
Data also provided by 
