Crude oil
Ineos sees Forties oil flows back to normal around new year
LONDON (Reuters) — Britain's biggest and most important oil and gas pipeline Forties should resume normal flows around the new year, slightly earlier than previously flagged, its operator Ineos said on Thursday.
Asia's monthly Iran oil imports skid to lowest in Nov since Apr 2016
TOKYO (Reuters) — Imports of Iranian crude oil by major buyers in Asia tumbled 29% in November from the same month a year ago to the lowest volumes since April 2016, government and ship-tracking data showed.
Libya needs a week to repair blown-up oil pipeline
TRIPOLI/BENGHAZI, Libya (Reuters) — A Libyan crude oil pipeline blown up on Tuesday will take about a week to repair, the head of state oil firm NOC told Reuters on Wednesday.
Oil falls from 2015 highs as rally runs out of steam
CALGARY, Alberta (Reuters) — Oil prices dipped on Wednesday after hitting a near two-and-a-half year high in the previous session as a rally fueled by supply outages in Libya and the North Sea ran out of momentum.
Oil slips towards $65 as Forties pipeline moves closer to restart
LONDON (Reuters) — Oil edged lower towards $65/bbl on Tuesday, but remained within sight of its highest level since mid-2015, as the looming restart of a North Sea oil pipeline offset support from OPEC-led supply cuts.
Russia holds steady as China's largest crude supplier for 9th month
BEIJING (Reuters) — Russia held on as China's largest crude oil supplier for the ninth month in a row in November, also topping Saudi Arabia for the year so far, Chinese customs data showed on Tuesday.
Iraq invites bids to build new Kirkuk export pipeline
BAGHDAD (Reuters) — Iraq has given foreign energy companies a month to signal their interest in building a new export pipeline from the Kirkuk oilfields in the north of the country.
China halts oil product exports to N.Korea in November as sanctions bite
BEIJING (Reuters) — China exported no oil products to North Korea in November, Chinese customs data showed, apparently going above and beyond sanctions imposed earlier this year by the United Nations in a bid to limit petroleum shipments to the isolated country.
Ineos starts testing UK's Forties North Sea oil pipeline after repairs
LONDON (Reuters) — Britain's Forties oil and gas pipeline, one of the biggest in the North Sea, is being tested following repairs and full flows should resume in early January, its operator Ineos said on Monday.
Oil dips from highs but OPEC cuts still support market
SINGAPORE/LONDON (Reuters) — Oil prices dipped on Friday but stayed near their highest levels since 2015 on pledges from OPEC leader Saudi Arabia and non-OPEC Russia that any exit from crude output cuts would be gradual.
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