Aliyu said he had no other immediate details about the assault. Pirates seize oil tanker, kidnap crew off Nigeria LAGOS, Nigeria (AP) - Nigeria's navy says pirates have attacked and seized an oil tanker off the coast of its largest city.Ĭommodore Kabir Aliyu said Wednesday that the attack happened off the coast of Lagos.
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People living in rebel held territory, among whom the Free Syrian Army (FSA) mingle, and upon whom the Syrian regime's wrath is visited. Yet this has become daily life for residents of Aleppo. When you hear it, at least you know you are safe. The roar of a jet overhead, the hum of helicopter blades hovering around your block, the sudden thud of a blast. Libyan Oil Field Fire 'Under Control' DUBAI – Libya's National Oil Corp., or NOC, said Wednesday that it has controlled a fire that broke out Tuesday at the 35,000 barrel per day Amal field in the eastern Sirte basin, but crude output was still halted.īaby survives as family dies in Syrian onslaught Aleppo, Syria (CNN) - It is impossible to get used to. "There are barriers in transferring money, there are barriers in selling oil," said Ahmadinejad.
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(NITC) to carry home oil and get around a European Union insurance ban that began in July.Īhmadinejad admits sanctions hindering banking, oil exports Speaking on a live TV talk show, Ahmadinejad said, "It is an all-out, hidden, heavy war."Īhmadinejad admitted that the West's sanctions have created problems in oil exports and banking.
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Tokyo time.ĭespite delays, China seeks full Iran oil volume for third month: sources BEIJING (Reuters) - For the third month in a row, China has nominated full contract volumes of Iranian crude for September, but refineries have begun to complain about delays in oil deliveries posing a problem, trading sources said.Ĭhina, Iran's largest oil customer and top trading partner, is expected to load about 15.5 million barrels of Iranian oil this month, the third that it will be using the tankers of National Iranian Tanker Co. It was at $2.86 per million Btu at 10:27 a.m. Gas for October delivery rose as much as 1.5 cents, or 0.5 percent, to $2.869 per million British thermal units in electronic trading on the New York Mercantile exchange. Gas Rises on Forecasts of Below-Normal Gain in Inventories Natural gas climbed for a fifth day in New York, the longest run of gains since July 24, on speculation a government report this week will show a smaller- than-normal increase in stockpiles.
Crude stockpiles dropped 5.5 million barrels last week as Hurricane Isaac shut offshore platforms, according to a Bloomberg survey before a government report tomorrow. Concern that supply will increase also weighed on oil as companies resumed output in the Gulf of Mexico.
manufacturing slid for a third month in August, according to the Institute for Supply Management’s factory index yesterday, adding to contractions in Europe and China. Manufacturing Contracts Oil traded near the lowest price in almost a week in New York after a report showed manufacturing declined in the U.S., the world’s biggest crude consumer.įutures were little changed after slipping 1.2 percent yesterday, the most since Aug.