Europe
OPEC Aug crude oil exports fall; Jan–Aug still above yr-ago
SINGAPORE (Reuters) — Crude oil exports by the Organization of the Petroleum Exporting Countries (OPEC) in August were 25.19 MMbpd, their lowest level since April, according to Thomson Reuters Oil Research.
UN mulls US push for N.Korea oil embargo, textile export ban
UNITED NATIONS (Reuters) — The United States wants the United Nations Security Council to impose an oil embargo on North Korea, ban the country's exports of textiles and the hiring of North Korean laborers abroad, and subject leader Kim Jong Un to an asset freeze and travel ban, according to a draft resolution seen by Reuters on Wednesday.
Essar Oil UK to spend $250 MM upgrading Stanlow refinery
NEW DELHI/MUMBAI (Reuters) — Essar Oil UK expects a $250-MM upgrade of its Stanlow refinery in northwest England to improve its basic profit margin by $1/bbl as it will be able to process a greater variety of cheaper crude oils and raise output, its chief executive said on Wednesday.
Oil up after Harvey fallout, but Hurricane Irma heads to Caribbean
LONDON (Reuters) — Oil prices rose on Wednesday as strong global refining margins and the reopening of US Gulf Coast refineries provided a more bullish outlook after sharp drops due to Storm Harvey.
Scotland aims to phase out new petrol, diesel cars by 2032
EDINBURGH (Reuters) — Scotland plans to phase out new petrol and diesel cars by 2032, eight years earlier than under proposals set out by the London government, Scotland's First Minister Nicola Sturgeon said on Tuesday.
Russia says its oil supplies to North Korea are negligible
XIAMEN, China (Reuters) — President Vladimir Putin said on Tuesday that Russian oil supplies to North Korea were negligible, responding to heightened international scrutiny of the ties between Moscow and the leadership in Pyongyang.
US crude rises, gasoline falls as refineries restart
LONDON (Reuters) — US oil prices rose on Tuesday and gasoline fell as the gradual restart of refineries in the Gulf of Mexico that were shut by Hurricane Harvey raised demand for crude and eased fears of a fuel supply crunch.
Polish refiner Lotos receives first crude oil cargo from Canada
WARSAW (Reuters) — Lotos, Poland’s second biggest oil refiner, said on Monday that it had received its first crude oil cargo from Canada.
Oil falls after Harvey floods US refineries
LONDON (Reuters) — Oil prices slipped on Friday in the wake of Hurricane Harvey, which has killed more than 40 people and brought record flooding to the oil heartland of Texas, paralyzing a quarter of the US refining industry.
Storm Harvey opens up rare jet fuel exports from Europe to US
LONDON (Reuters) — Traders are shipping jet fuel from Europe to the United States, where Tropical Storm Harvey has sparked concern over possible shortages of the aviation fuel.
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