Friday 11 July 2014
 
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light crude

Refiners in Asia 'decline more Saudi crude'

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

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Saudi Arabia hikes Feb light prices

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

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Oil falls below $96 on financial turmoil

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

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