Crude Deposits - Worldnews Network

Iran conducts all crude trade in euro, yen: Agency

TEHRAN: Iran, the world's fourth-largest oil producer, is conducting all its crude trading in euro and yen, instead of the US dollar, an Iranian official was quoted as saying on Wednesday. Iran has been reducing its exposure to the...

Crude oil near new highs above 124 dollars

Turkish Press

Workers of state oil company, Pertamina load a fuel on a truck in Jakarta, on May 6. Crude oil traded near new all-time highs above 124 dollars on Friday after the OPEC cartel insisted the market is well-supplied and being driven by speculators....

China majors restart crude flow to small refiners

The Times Of India

BEIJING: China's oil majors have resumed sales of crude oil to the country's small, independent refiners, as global prices climb towards $120 a barrel, the official report said on Monday. PetroChina and Sinopec , the two giants who...

Crude Oil Trades Near $122 on Supply Disruptions, Global Demand

Infowars

Crude oil was little changed near $122 a barrel in New York after rising to a record yesterday on supply disruptions in Nigeria, Africa's largest producer. Oil rose above $122 a barrel for the first time after Royal Dutch Shell Plc reported a...

U.S. crude futures jump more than $1, above $123

AOL

NEW YORK (Reuters) - U.S. crude oil futures rose more than $1 per barrel on Wednesday, jumping to a record high above $123 after seesawing and bouncing off an...

Crude oil climbs to fresh record

BBC News

The price of a barrel of crude oil has reached another record high in both London and New York. US light crude added 16 cents to settle at $123.69 in New York trading, but in...

U.S. crude oil sets new record above $120 a barrel -

Yahoo Daily News

31 minutes ago LONDON (Reuters) - U.S. crude oil futures rose to a new record high for a second day on Tuesday, with crude oil futures for June delivery touching a record of $120.70 a barrel....

US crude oil sets new record above $120 a barrel�

Business Day

LONDON - US crude oil futures rose to a new record high for a second day today, with crude oil futures for June delivery...

Crude storage project started

China Daily

By Wan Zhihong (China Daily) Updated: 2008-05-06 09:47 China National Petroleum Corporation (CNPC), the nation's largest oil producer, said it has started a 680 million yuan ($97.35 million) crude oil storage project in Jinzhou, Liaoning province....

Crude Closes Slightly Higher After Hitting New Record

Rig Zone

Crude-oil futures closed slightly higher Monday after hitting a new record near 120 dollars a barrel as a weekend refinery strike closed a pipeline system that delivers a third of Britain's North Sea oil to its refineries. Rebel attacks in Nigeria...

Crude oil prices stall in their march toward $120 a barrel, drop sharply

Stockhouse

NEW YORK: Crude oil prices stalled in their march toward $120 a barrel Thursday, dropping sharply as the dollar gained strength against the euro. Light, sweet crude for June delivery fell $2.54 to $115.76 a barrel on the New York Mercantile Exchange....

Strategic crude reserve project to pick up this year

Projects Monitor

India's ambition of creating strategic crude oil reserves has made a beginning with the construction work order being placed for the 1.33 million tonne Visakhapatnam facility in Andhra Pradesh (see page 10). During the next six months, significant...

Crude oil prices stall in their march toward $120 a barrel

International Herald Tribune

: Crude oil prices stalled in their march toward $120 a barrel Thursday on the back of a strengthening dollar and concerns about tight oil supplies amid growing global demand. Light, sweet crude for June delivery fell $1.21 to $117.09 a barrel on the...

Crude oil could fall this week on dollar gains

Gulf News

New York: Crude oil may fall this week after the dollar rebounded against the euro, US inventories rose and a strike by oil workers in Nigeria ended. As many as 14 of 23 analysts surveyed by...

Crude Oil Closes Slightly Higher

Stockhouse

(RTTNews) - Crude oil ended a choppy trading session modestly higher as June took over as the front-month contract. Light sweet crude oil for June finished at $118.30, up 23 cents for the session. Prices touched as low as $116 before turning higher....