LONDON (Dow Jones)–The number of ships storing crude off the U.S. Gulf Coast has risen to six, shipbroker ICAP said Friday in a note. Three very large crude carriers and [...]
WASHINGTON -(Dow Jones)- The U.S. government on Thursday said it would release 30 million barrels of oil from its strategic petroleum reserves as part of an effort to offset disruptions [...]
HOUSTON (Dow Jones)–Oil and natural-gas companies are spending more than half a trillion dollars in the oil patch during 2011–a record level that signals the return of the global drilling [...]
Click on the image for Interactive Version. Technorati Tags: oil, offshore, transportation
MAREX brings us Choke Points effecting the world’s oil supply. They write: In 2007, total world oil production amounted to approximately 85 million barrels per day (bbl/d), and around one-half, [...]
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