Crude Oil News

SOCAR Crude Oil & Oil Products Export for July 2014
Azerbaijan >> 8/1/2014 - SOCAR exported 84 thousand 803 tons of crude oil from the Novorossiysk Port, 334 thousand 805 tons of crude oil from the Supsa Port, and 1 million 653 thousand 449 tons of crude oil from the Ceyhan Po...
IOPTC Constructed Infrastructure for Oil Swap
Iran >> 7/17/2014 - Iranian Oil Pipelines and Telecommunication Company (IOPTC) has constructed the necessary infrastructure for crude oil swap operations, IOPTC chief said. ...
Libya Set to Restart Major Port Exports
Libya >> 7/7/2014 - U.S. crude oil futures were holding steady early on Monday as OPEC member Libya confirmed it will resume petroleum exports from two major ports that had been blocked for nearly a year. ...
SOCAR Crude Oil & Oil Products Export for June 2014
Azerbaijan >> 7/1/2014 - SOCAR Marketing and Economic Operations Department exported 173 tons of petrol, 80 thousand 202 tons of diesel fuel, 32 thousand 531 tons of aircraft gasoline, and 39 thousand 260 tons of vacuum gas o...
SOCAR Crude Oil & Oil Products Export for May 2014
Azerbaijan >> 6/3/2014 - SOCAR exported 84 thousand 832 tons of crude oil from the Novorossiysk Port, 161 thousand 315 tons of crude oil from the Supsa Port, and 1 million 661 thousand 255 tons of crude oil from the Ceyhan Po...
Kuwait Renews USD 3.7bln Crude Oil Contracts with Indian Companies
Kuwait >> 5/6/2014 - The state-owned Kuwait Petroleum Corporation (KPC) has renewed two crude oil supply contracts with India's Bharat Petroleum Corporation Ltd (BPCL) and Bharat Oman Refineries Ltd (BORL) with a total va...
The Crude Oil Futures Marke in April 2014
Austria >> 5/4/2014 - ICE Brent declined by 1% m-o-m amid very weak market fundamentals. This occurred despite the continued impact of Libyan supply outages as well as the crisis in Ukraine. Brent crude fell as a seasonal ...
SOCAR Crude Oil & Oil Products Export for April 2014
Azerbaijan >> 5/2/2014 - SOCAR Marketing and Economic Operations Department exported 84 thousand 482 tons of crude oil from the Novorossiysk Port, 242 thousand 35 tons of crude oil from the Supsa Port, and 2 million 86 thousa...
First Tanker to Dock at Libya's Zueitina Port
Libya >> 5/1/2014 - Libya's eastern Zueitina oil port will receive late its first tanker of crude since reopening after nearly ten months due to protests, state-run National Oil Corp (NOC) said. ...
Socar Crude Oil & Oil Products Export for March 2014
Azerbaijan >> 4/1/2014 - SOCAR Marketing and Economic Operations Department exported 84 thousand 681 tons of crude oil from the Novorossiysk Port, 242 thousand 53 tons of crude oil from the Supsa Port, and 1 million 702 thous...
SOCAR Crude Oil & Oil Products Export for February 2014
Azerbaijan >> 3/3/2014 - SOCAR Marketing and Economic Operations Department exported 84 thousand 910 tons of crude oil from the Novorossiysk Port, 242 thousand 132 tons of crude oil from the Supsa Port, and 1 million 400 thou...
SOCAR Pumps its Own Oil via BTC
Azerbaijan >> 2/17/2014 - Since February 15, SOCAR has started transportation of its crude oil through the Baku-Tbilisi-Ceyhan oil pipeline.Besides, currently negotiations are continued with the Russian ''Transneft'' for the c...
SOCAR Crude Oil & Oil Products Export for January 2014
Azerbaijan >> 2/3/2014 - SOCAR Marketing and Economic Operations Department exported 84 thousand 739 tons of crude oil from the Novorossiysk Port, 322 thousand 996 tons of crude oil from the Supsa Port, and 1 million 592 thou...
SOCAR Crude Oil & Oil Products Export for Dec 2013
Azerbaijan >> 1/7/2014 - SOCAR Marketing and Economic Operations Department exported 169 thousand 363 tons of crude oil from the Novorossiysk Port, 242 thousand 218 tons of crude oil from the Supsa Port, and 1 million 467 tho...
Libya Warns Against Buying Crude from Seized Oil Ports
Libya >> 1/4/2014 - Libya warned customers against buying any crude offered by a pro-autonomy group which seized three oil ports in the east of the OPEC producer more than five months ago, the state oil firm said. ...
Train Carrying Oil in North Dakota After Derailing
United States >> 12/31/2013 - Residents of a small town in North Dakota were urged to evacuate after a BNSF train carrying crude oil collided with another train, setting off a series of explosions and fires, the latest in a string...
PGNiG's Oil for Grupa LOTOS
Poland >> 12/20/2013 - Polskie Gornictwo Naftowe i Gazownictwo S.A. and Grupa LOTOS S.A. executed a contract for the supply of crude oil. The oil will be supplied to the LOTOS refinery in Gdansk. ...
East Libya Autonomy Movement Aims to Sell Oil Unless Demands Met
Libya >> 12/10/2013 - An autonomy movement blocking several oil ports in eastern Libya said it is set to begin trying to sell crude oil on its own if the government does not meet its demands. ...
Iranian IOTC, RIPI Strike Research Deal
Iran >> 12/9/2013 - Iran Oil Terminals Company (IOTC) and Research Institute of Petroleum Industry (RIPI) have signed an agreement for a research project on developing a crude oil blending system. ...
The Crude Oil Futures Market Structure
The Crude Oil Futures Market Structure Austria >> 11/25/2013 - The backwardation between the ICE Brent crude futures first- and second-month contract has eased significantly over the month, moving toward contango at the end of October where the cost of immedi...

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