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* Crude futures settle lower, weak China data pressures * Brent/U.S. crude spread narrows after seesawing NEW YORK, June 10 (Reuters) - Most cash crude differentials in the United States weakened on Monday as oil futures eased and the trans-Atlantic spread between Brent and U.S. crude fu
Read more* Delays have increased need for quick returns * European Commission has said both routes could work eventually By Francesco Guarascio VIENNA, June 10 (Reuters) - Azerbaijan's energy minister confirmed he expects a decision by the end of this month on which of two rival pipeline
Read moreJune 10 (Reuters) - Destin Pipeline Co LLC on Monday said it expected to complete operational readiness testing early Tuesday and would resume services from all offshore Gulf of Mexico receipt points to the Pascagoula gas processing plant in Mississippi later Tuesday. Destin said in a websi
Read moreBy Sarah Young LONDON, June 10 (Reuters) - Britain said it was launching the first review of the North Sea for 20 years in an attempt to maximise the economic benefits of the country's shrinking oil resources. Britain's Energy Secretary Ed Davey said on Monday the government commissio
Read more(Corrects dateline and location of conference to Kuala Lumpur from Singapore) By Florence Tan and Luke Pachymuthu KUALA LUMPUR, June 10 (Reuters) - A senior executive of oil price reporting agency Platts called new rules proposed by the European Union for financial benchmarks "intrusi
Read moreBy Melissa Akin and Douglas Busvine LONDON/MOSCOW, June 10 (Reuters) - A vehicle to reinvest nearly $14 billion earned by two Russian billionaires from their stake in TNK-BP will be headed by Jonathan Muir, who as the oil venture's finance chief managed billions in dividend flows, three sou
Read moreBy Cezary Podkul NEW YORK, June 10 (Reuters) - At a handful of gas stations in eastern Kansas, the intensifying fight between major oil refiners and the ethanol industry over the future of America's fuel supply has found a new focus: the color of the gas hose. Scott Zaremba, owner of
Read more(Adds background on Midwest gasoline prices, other outages) HOUSTON, June 9 (Reuters) - Exxon Mobil Corp said its 238,600 barrel per day (bpd) Joliet, Illinois, refinery was returning to normal operations on Sunday after completing a two-month, plantwide overhaul. Exxon did not disclo
Read more* Crude futures settle higher, recovering after falling early * Brent/U.S. crude spread narrows, after widening early NEW YORK, June 7 (Reuters) - Cash crude differentials in the United States were mixed on Friday in thin volume as oil futures and the trans-Atlantic spread between Brent
Read more* July WCS last at $14.00/bbl under WTI * July synthetic last at $4.50/bbl above WTI CALGARY, Alberta, June 7 (Reuters) - Canadian crude prices strengthened on Friday, with heavy oil supported by expectations of increased refinery demand and light synthetic crude lifted by market talk
Read more* Crude futures post gains * Brent/U.S. crude spread narrows, ends below $9/bbl NEW YORK, June 6 (Reuters) - Cash crude differentials in the United States were mostly weaker on Thursday as the trans-Atlantic spread between Brent and U.S. crude futures narrowed, according to traders and b
Read more* July WCS last at $14.80/bbl under WTI * July synthetic last at $4.25/bbl above WTI CALGARY, Alberta, June 6 (Reuters) - Canadian cash crude prices strengthened on Thursday as reports that refinery maintenance neared completion spurred expectations for an increase in demand. We
Read more* Draft law, unlikely to take effect before 2014 * Proposes allowing companies to sue PRAs By Peg Mackey and Alex Lawler LONDON, June 6 (Reuters) - Tough new rules proposed by the European Union for financial benchmarks would seriously threaten oil price reporting agencies (PRAs
Read more* Draft law, unlikely to take effect before 2014 * Proposes allowing companies to sue PRAs By Peg Mackey and Alex Lawler LONDON, June 6 (Reuters) - Tough new rules proposed by the European Union for financial benchmarks would seriously threaten oil price reporting agencies (PRAs
Read more* Work on other units to continue into second half of year (Adds refinery details from IIR Energy report, Brent-WTI levels) HOUSTON, June 6 (Reuters) - BP Plc said Thursday an upgraded crude distillation unit at the center of a $4-billion revamp of its 405,000 barrel per day (bpd) Whiting
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