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Crude oil

Saudi Aramco to boost oil loading capacity with reopened terminal

DHAHRAN, Saudi Arabia (Reuters) -- State oil giant Saudi Aramco plans to launch its overhauled Muajjiz oil terminal on the Red Sea next year, lifting its total loading and export capacity to as much as 15 MMbpd, Saudi officials said.

Iran gets positive output cut signals from OPEC, NON-OPEC states

TEHRAN (Reuters) -- Iran's Oil Minister said on Saturday OPEC and non-OPEC countries had given positive signals for an extension of output cuts, which Tehran would also back.

OPEC output cuts whet Asia's appetite for North Sea oil

LONDON/SINGAPORE (Reuters) -- OPEC production cuts have created record Asian demand for European oil and made China the second biggest consumer of North Sea crude as flows from its usual Middle East suppliers dip.

How North Korea gets its oil from China: lifeline in question at UN meeting

BEIJING (Reuters) -- As the United Nations Security Council decides whether to tighten the sanctions screws on North Korea, the country's increasingly isolated government could lose a lifeline provided by state-owned China National Petroleum Corp (CNPC).

Next battleground: An aging Great Lakes pipeline stirs new protest

CALGARY, Alberta (Reuters) -- The growing protest movement against US oil and gas pipelines has so far focused on stopping or delaying new construction, with some high-profile successes.

Maiden Bakken oil cargo to Asia ships out, with more to come

NEW YORK (Reuters) -- The first ever reported export of North Dakota's crude oil to Asia left port last month, according to a shipping document seen by Reuters on Wednesday, in what is expected to be the first of numerous cargoes once the key Dakota Access pipeline starts moving oil in May.

Prices stable but visitors see some gas stations shut in N. Korea

SEOUL (Reuters) -- Some of North Korea's state-run petrol stations are restricting sales or appear to have closed, visitors said on Wednesday, ahead of a UN Security Council meeting to discuss tougher sanctions on the isolated state that could include curbs on oil imports.

Oil dips on doubts over OPEC's ability to reduce inventories

LONDON (Reuters) -- Oil eased on Tuesday, paring earlier gains, as doubts about OPEC's ability to reduce global crude inventories put the price on track for its six fall in seven days.

Russia elbows Saudi Arabia aside as China's top crude oil supplier in March

BEIJING (Reuters) -- Russia reclaimed its position as China's biggest crude oil supplier in March, customs data showed on Tuesday, displacing Saudi Arabia after two months in second place as Moscow fights to hang on to its slice of the Chinese market.

US East Coast refiners eye Texas oil as North Dakota alternative

NEW YORK (Reuters) -- US East Coast refiners are looking to buy increasing volumes of domestic crude oil from the Gulf Coast, two sources said, the latest twist in a trade flow upheaval in the wake of the opening of the Dakota Access pipeline.