Edition:
India

Olga Yagova

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

03 Jul 2018

South Korea turns to Kazakh CPC oil as U.S. sanctions on Iran loom

MOSCOW/SEOUL South Korea has imported four times more CPC Blend crude so far in 2018 than in the same period last year, as the major Asian oil consumer seeks to replace Iranian supplies, shipments data and trading sources said.

19 Jun 2018

Russia's oil export, refinery plans point to increase in output

MOSCOW Ahead of a meeting with Saudi Arabia and other producers, Russia already plans to increase oil exports, its July-September schedule shows, which coupled with increasing refinery runs suggests Moscow is gearing up to raise production.

24 Apr 2018

Trump's revenge: U.S. oil floods Europe, hurting OPEC and Russia

MOSCOW/LONDON As OPEC's efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits - and flooding Europe with a record amount of crude.

17 Mar 2018

Exclusive: Trafigura set to boost its dominance in Urals - sources

MOSCOW/LONDON Oil trader Trafigura will regain its position as the largest buyer of seaborne crude from Russia's Rosneft, trading sources told Reuters on Friday, expanding their partnership as Rosneft reduces its dealings with Vitol and Glencore.

14 Feb 2018

Analysis - Physical oil market sends warning to OPEC: Rout might not be over

LONDON As OPEC watches a near 15 percent drop in the oil price in three weeks, important indicators in the physical crude market are flashing signals that the decline might be far from over.

23 Jan 2018

Exclusive: Russia's Exxon-led Sakhalin-1 rolls back plan for oil output hike - sources

MOSCOW Russia's Sakhalin-1 oil project, led by ExxonMobil, has ditched plans to raise output by a quarter this year after it was ordered by the authorities to return to previous lower production limits, industry sources told Reuters on Tuesday.

15 Dec 2017

Transneft says its computers were used for mining cryptocurrency

MOSCOW Transneft said on Friday its computers had been used for the unauthorized manufacture, or "mining", of the cryptocurrency Monero but said the firm now had systems to prevent this happening again.

18 Oct 2017

China's CEFC eyes big league with Rosneft oil offtake deal

BEIJING/MOSCOW As part of its recent $9.1 billion investment in Russian oil giant Rosneft, little-known CEFC China Energy will have access to up to 260,000 barrels per day (bpd) of Russian oil - giving it the sort of market clout to potentially challenge dominant Western oil traders like Vitol.

21 Sep 2017

Russia set to pipe more oil to China, stepping up race with Saudis

BEIJING/MOSCOW Chinese oil refineries are gearing up to receive more Russian oil transported through an expanded Siberian pipeline network from January, likely cementing Russia's position as China's largest oil supplier in a close race with Saudi Arabia.

08 Jun 2017

Rising Kashagan output weighs on Kazakhstan's CPC oil price

MOSCOW One of the world's fastest growing crude streams, Kazakhstan's CPC, is battling to find new buyers in a market saturated with light grades and with core European customers reluctant to buy more of the pungent oil blend even as its value has plunged.

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