Saudi Arabia Brent Crude News

Saudi Arabia Brent Crude News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about Saudi Arabia Oil & Gas.

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Chevron tax refund ruling may set a pattern 7 Nov 2009 01:53 GMT
... of the 2007-2009 tax years, company spokesman Brent Tippen said. "Regrettably, the use of an ... of equipment used to break down heavy crude oil into gasoline and other products that ... crude from politically unstable places such as Saudi Arabia, haul it in tankers that can ...
Kuwait cuts naphtha term offer in surprise move 6 Nov 2009 14:57 GMT
... from KPC, Asia�s second-largest naphtha supplier after Saudi Arabia. �This is the first time KPC ... dynamics. Crack spreads � premiums/losses from refining Brent crude into naphtha � was at $95.95 a ...
Research and Markets: Kuwait Oil and Gas Report Q4 2009 - Between 2008 and 2018, an Increase is Forecasted in Kuwaiti Oil Production of 29.3% 6 Nov 2009 16:31 GMT
... quarters. Our OPEC basket assumption delivers likely Brent, WTI, Urals and Dubai prices of US$56.30, ... of near-term international oil company (IOC) investment, crude production is forecast to increase from 2.78mn ... It is just one place ahead of Saudi Arabia, but should be safe from any ...
Global oil yardsticks shaken by Saudis 3 Nov 2009 03:31 GMT
... the two leading global benchmarks - Europe's Brent and US-based West Texas Intermediate. As much ... crudes traded globally. Petroleum Intelligence Weekly's International Crude Oil Market Handbook , a traders' bible, ... of Colombia. While WTI and Brent dominate, Saudi Arabia's decision last week to drop WTI ...
Why did the Saudis abandon the NYMEX oil futures contracts? 1 Nov 2009 20:14 GMT
... West Texas Intermediate (WTI) contract. Now, suddenly, Saudi Arabia has decided to drop the WTI ... substituting a contract called the Argus Sour Crude Index, which will track the price in ... a premium of $1.00 to $2.00 to Brent Crude. Last January, there was so much ...
Saudi Arabia and the Price of Crude Oil 2 Nov 2009 18:35 GMT
... from over the weekend out of Saudi Arabia via The Telegraph. It appears that ... is unhappy with using West Texas Intermediate crude oil as traded on the New York ... when huge spreads between WTI crude and brent crude developed and then, like clockwork every ...
NYMEX-Crude ends down on economic, oil demand woes 5 Nov 2009 21:13 GMT
... NEW YORK, Nov 5 (Reuters) - U.S. crude oil futures ended lower on Thursday, snapping ... the previous session's range. IN LONDON, DECEMBER BRENT CRUDE ENDED DOWN 90 cents, or 1.14 ... to Argus's U.S. Sour Crude Index following Saudi Arabia's adoption of the index, an Argus ...
Do Saudis have the clout to destroy NYMEX? 1 Nov 2009 18:20 GMT
... Saudi Arabia exports around 1.5m barrels per day ... largest supplier after Canada, but its physical crude output is not actually traded on the ... usually about $1 more expensive than London Brent, but at one point in January, it ...
Saudis Drop WTI Oil Contract - But Why? 1 Nov 2009 12:15 GMT
... Saudi Arabia on Wednesday decided to drop the ... a premium of $1-$2 a barrel to Brent, fell sharply, leaving it at a discount ... London-based oil pricing company. The Argus Sour Crude Index will track the price in the ...
Oil climbs above $78, China data supports 2 Nov 2009 11:56 GMT
... major central banks meet this week. U.S. crude for December delivery rose $1.07 to $78.07 ... reversing some of Friday's loss of $2.87. Brent crude rose $1.26 to $76.46. Monday's rally ... lower output from Nigeria and leading exporter Saudi Arabia. At the same time, production from ...
Oil rises towards $78, China data supports 2 Nov 2009 13:54 GMT
... major central banks meet this week. U.S. crude for December delivery rose 62 cents to ... down from a session high of $78.25. Brent crude rose 84 cents to $76.04. Monday's ... lower output from Nigeria and leading exporter Saudi Arabia. At the same time, production from ...
Oil rises above $77, China data supports 2 Nov 2009 14:56 GMT
... major central banks meet this week. U.S. crude for December delivery rose 19 cents to ... down from a session high of $78.25. Brent crude rose 32 cents to $75.52. Monday's ... lower output from Nigeria and leading exporter Saudi Arabia. At the same time, production from ...
Oil rises above $77, China data supports 2 Nov 2009 16:37 GMT
... major central banks meet this week. U.S. crude for December delivery rose 19 cents to ... down from a session high of $78.25. Brent crude rose 32 cents to $75.52. Monday's ... lower output from Nigeria and leading exporter Saudi Arabia. At the same time, production from ...
Aramco switches from WTI benchmark 2 Nov 2009 21:34 GMT
... Starting with its January sales program, Saudi Aramco, national oil company of Saudi Arabia, ... will use Argus Media Ltd.’s Argus Sour Crude Index (ASCI) in pricing its Extra Light, ... dislocate WTI prices away from North Sea Brent and US gulf crude prices. Aramco’s switch ...
WTI is losing its glitter as a global oil price measure 4 Nov 2009 02:50 GMT
... than the change in the benchmark for Saudi oil sales into the US, whereby Saudi ... customers have been happy with using WTI crude as their yardstick, even though it is ... benchmarks - including WTI in the Americas, Brent in Europe and Africa, and Dubai and ...

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Economic recovery to support oil prices -UAE [07 Nov 2009 - 12:13]
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Former Bank of Montreal gas trader settles CFTC charges [06 Nov 2009 - 23:20]
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Raising output not on OPEC agenda now-UAE oil min [07 Nov 2009 - 12:30]
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Peru discovers natural gas field in Amazon basin [07 Nov 2009 - 10:32]
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China starts gas pipeline project in western Myanmar [07 Nov 2009 - 09:33]
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