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Devika Krishna Kumar

U.S. crude export demand surges after attack on Saudi facilities

16 Sep 2019

NEW YORK/HOUSTON U.S. crude export demand at the Gulf Coast surged on Monday, traders said, as the window to export crude profitably to Asia and Europe was thrown open after attacks on Saudi Arabia's oil facilities took out 5% of global oil supplies.

U.S. crude export demand surges after attack on Saudi facilities

16 Sep 2019

NEW YORK/HOUSTON U.S. crude export demand at the Gulf Coast surged on Monday, traders said, as the window to export crude profitably to Asia and Europe was thrown open after attacks on Saudi Arabia's oil facilities took out 5% of global oil supplies.

Saudi attacks threaten U.S. gasoline price hikes, particularly in California

16 Sep 2019

NEW YORK U.S. motorists most likely to feel the hit from rising gas prices following the attacks on Saudi Arabia's oil facilities are on the West Coast, which accounts for nearly half of all of U.S. crude imports from the kingdom. | Video

RPT-Saudi attacks threaten U.S. gasoline price hikes, particularly in California

16 Sep 2019

NEW YORK, Sept 15 U.S. motorists most likely to feel the hit from rising gas prices following the attacks on Saudi Arabia's oil facilities are on the West Coast, which accounts for nearly half of all of U.S. crude imports from the kingdom.

UPDATE 11-Oil prices up 12% after attack on key Saudi oil facilities

16 Sep 2019

* Brent jumps 20% in biggest percentage gain since '91 Gulf crisis

Oil prices slide 2% after report Trump weighed easing Iran sanctions

11 Sep 2019

NEW YORK Oil prices tumbled more than 2% on Wednesday after a report that U.S. President Donald Trump weighed easing sanctions on Iran, which could boost global crude supply at a time of lingering worries about global energy demand.

UPDATE 1-U.S. crude inventories drop to lowest in nearly a year

11 Sep 2019

NEW YORK, Sept 11 U.S. crude oil stockpiles fell last week to the lowest in nearly a year, with Cushing inventories falling for the tenth straight week, as refineries raised output and imports fell, the Energy Information Administration said on Wednesday.

Exclusive: Mexico's new oil sales formula includes U.S. crude delivered to Houston - sources

10 Sep 2019

NEW YORK Mexico's new formula for its oil hedging programme and to price its oil export sales now includes U.S. West Texas Intermediate crude delivered to East Houston, a popular U.S. export grade, three sources familiar with the matter said.

Exclusive: Mexico moves to launch world's largest oil hedge program - sources

05 Sep 2019

NEW YORK/MEXICO CITY Mexico has made the first moves to launch its annual $1 billion (811 million pounds) oil hedging program by asking banks for quotes, sources familiar with the deal said, while buying in financial oil options contracts for 2020 has risen in recent days, consistent with the giant trade.

EXCLUSIVE -Mexico moves to launch world's largest oil hedge program -sources

05 Sep 2019

NEW YORK/MEXICO CITY, Sept 5 Mexico has made the first moves to launch its annual $1 billion oil hedging program by asking banks for quotes, sources familiar with the deal said, while buying in financial oil options contracts for 2020 has risen in recent days, consistent with the giant trade.

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