The tanker Carabobo carrying Algerian light crude to Venezuela has finished unloading at Jose terminal and has set sail to the Caribbean island of Saint Eustatius, where it will deliver the rest of its content, according to Reuters ve
Saudi Arabia's offer of additional crude in August drew scant interest from refiners across northeast Asia who declined supplies beyond contracted volumes.
One buyer each in India and Southeast Asia accepted extra barrels of light oil, tra
Saudi Arabia raised its official selling prices for February for light crude oil to customers in the United States and Asia, state oil firm Aramco said on Sunday.
Buyers of Saudi oil had expected the price to rise as the kingdom cuts suppl
Oil extended losses below $96 a barrel on Tuesday, after slumping almost 10 percent in the previous session, as fear gripped financial markets.
US light crude for November delivery fell 82 cents to $95.55 a barrel by 0341 GMT, up from a lo