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BP buys first Iranian oil since sanctions eased

Bloomberg Iran’s state-owned oil company sold condensate to BP Plc for the first time since sanctions were lifted in January, marking the country’s re-emergence as one of the world’s top suppliers of crude oil and natural gas liquids. National Iranian Oil Co. will supply South Pars condensate to BP for loading between September and October, said an NIOC official, asking ...

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Qatar Airways, Boeing to hold news conference tomorrow

  DOHA / Reuters Gulf carrier Qatar Airways and Boeing will hold a news conference on Friday, a spokeswoman for Qatar Airways told Reuters on Wednesday, as a big sale of Boeing widebody jetliners looked close to being clinched. Qatar Airways is in the process of firming up the order, which was delayed by the Qatari government in an effort ...

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Aramco cuts pricing for sales to Asia

  Bloomberg Saudi Arabia, the world’s largest crude exporter, cut pricing for November oil sales to Asia and Northwest Europe and for most grades to other regions amid a global supply glut. State-owned Saudi Arabian Oil Co., known as Saudi Aramco, lowered its official pricing for Arab Light crude to Asia by 25 cents a barrel to 45 cents less ...

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