Yukos Stops Some China Oil Shipments, But Asia Unruffled
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SINGAPORE (Dow Jones)--The suspension by troubled Russian oil giant Yukos (YUKO.RS) of some crude exports to China has largely failed to move Asia&#39;s oil market as doubts surface over the company&#39;s grounds for its decision, industry sources said Monday.
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Oil prices hover just below Monday's record peaks in Asian trade, amid continued concerns over global supply shortages.
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Oil prices eased on Tuesday as fears of  supply disruptions receded following a convincing referendum  victory in Venezuela for President Hugo Chavez and after  Russia's YUKOS said it had received a government assurance on  September exports.
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BEIJING: Chinese Premier Wen Jiabao left here for Kyrgyzstan and Russia a day after embattled Russian oil giant Yukos said it was slashing supplies to China in a move analysts said was designed to cause maximum embarrassment in Moscow.
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LONDON : Oil prices climbed to the highest level for almost one month after Russia&#39;s embattled oil giant Yukos slashed deliveries to China and as traders fretted over the impact of hurricanes on supplies.
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Crude oil in New York traded near Friday s record close amid concern growing Chinese demand may strain supplies at a time when spare global production capacity is limited.
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Oil prices hit $46 on Monday after  Russia's YUKOS suspended some oil exports to China and concern  lingered over storm-related supply disruptions into the United  States.
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Russian oil major Yukos&#39; crippling tax debts finally forced a much-feared production cut on Wednesday, but its exports to Europe looked safe after it cut a barter deal with the pipeline monopoly.
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Oil prices were slightly lower in Asian trading on easing concerns over supply disruptions but were still hovering near record highs, dealers said.
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MOSCOW  - Embattled oil giant Yukos' shipments to China have been suspended until at least Oct. 20, company and government officials confirmed Thursday.
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Russia's Yukos oil company is suspending oil exports to the Chinese National Petroleum Corp. because it cannot afford to pay transport expenses, a news agency reported Sunday.
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Russia&#39;s top oil exporter YUKOS cut its crude output forecast for 2004 on Monday due to a tax dispute with the state, in a move analysts said was a sign that Russia&#39;s prolific oil growth was set to slow down.
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Russia promised to sort out Yukos oil deliveries to China ahead of a visit by Chinese Premier Wen Jiabao dominated by the struggling oil major's decision to cut supplies to the energy-hungry Asian giant.
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China emerged on Thursday as a dark  horse contender for the assets of stricken Russian oil major  YUKOS as the company's state-driven break-up took yet another  abrupt twist.
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Russia's top oil exporter, YUKOS, slid  closer to collapse after it lost its main production unit to a  mystery buyer in a forced auction and its crude shipments  started to slow.
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Yukos Oil Company , Russiaâs biggest oil exporter, which currently struggles to pay off staggering tax bills, has announced on Monday, September 20 that it will lower crude oil deliveries to China this month, and supply no oil in October, Bloomberg
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China lent Russia &#36;6 billion to help the Kremlin renationalize the key unit of oil major YUKOS, officials said on Tuesday, underpinning oil-hungry Beijing's efforts to tap into Russia's huge energy business.