Crude oil
Oil climbs, but still set for first weekly fall in six
LONDON (Reuters) — Oil prices climbed on Friday but were still heading for their first week of losses in six, weighed down by Russian hesitation for extending a global pact to cut output and curb oversupply.
Keystone oil pipeline leaks in S.Dakota, as Nebraska weighs XL
CALGARY, Alberta (Reuters) — TransCanada Corp shut part of its Keystone oil pipeline system after a 5,000-barrel leak in South Dakota, the company said on Thursday, four days before neighboring Nebraska was set to decide on the company's long-delayed Keystone XL pipeline.
Middle East, US crude oil curbs Indian appetite for African supplies
NEW DELHI (Reuters) — India's imports of African crude oil in October plunged to their lowest in over four years, with the world's No.3 oil consumer increasingly turning to cheaper supplies from the United States and heavier Middle Eastern grades, ship tracking data showed.
Saudi energy minister: Market to remain oversupplied by March 2018
BONN, Germany (Reuters) — The world will still have a surplus of oil by end-March next year, Saudi Arabia's energy minister said on Thursday, signaling a willingness to extend output cuts when OPEC meets at the end of November on whether to extend caps well into 2018.
IEA: US to account for most world oil output growth over 10 yr
BONN, Germany (Reuters) — The United States is expected to account for more than 80% of global oil production growth in the next 10 yr and it will produce 30% more gas than Russia by that time, he International Energy Agency (IEA) said on Thursday.
Turkish, Iraqi officials discuss resuming Kirkuk oil exports
BAGHDAD (Reuters) — A Turkish energy delegation has met with Iraqi top oil officials in Baghdad to discuss issues including the resumption of Kirkuk oil exports via the Turkish port of Ceyhan, Iraq's oil ministry said in a statement on Thursday.
Rosneft board approves oil deal with China's CEFC
BEIJING (Reuters) — Russia's Rosneft has approved a 2018 deal to supply CEFC China Energy about 12 MMt of crude oil as part of the Chinese firm's $9.1 B investment in the Russian oil major, a Chinese source with direct knowledge of the matter said on Thursday.
EIA: US Crude oil, gasoline stocks up unexpectedly in latest week
(Reuters) — US crude oil and gasoline inventories grew unexpectedly last week as crude production and refining output rose, the Energy Information Administration said on Wednesday.
Venezuela's PDVSA to tap oil customers to pay $449 MM to ONGC
NEW DELHI (Reuters) — Venezuela's national oil company PDVSA will use existing crude oil customers or new Indian state buyers as intermediaries to settle $449 MM owed to India's ONGC Videsh Ltd, the Indian company said in a statement on Wednesday.
Kinder Morgan Canada appeals again over Trans Mountain pipeline
CALGARY, Alberta (Reuters) — Kinder Morgan Canada Ltd has again appealed to the country's energy regulator, asking it to set up a process to resolve potential disagreements over local permits for its planned Trans Mountain oil pipeline expansion project.
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