crude oil


Saturday, September 14, 2019
Houthi Drone Attack Hits the Heart of Saudi Arabia’s Oil Industry
Interesting

Houthi Drone Attack Hits the Heart of Saudi Arabia’s Oil Industry

By Stephen Kalin, Rania El Gamal and Dmitry Zhdannikov RIYADH/DUBAI/LONDON, Sept 14 (Reuters) – Yemen’s Iran-aligned Houthi group on Saturday

September 14, 2019
Total Views: 86

Friday, April 26, 2019
Stock photo shows an oil tanker at a terminal
Shipping News

The Giant Soviet Pipeline System That’s Full of Tainted Crude

By Julian Lee (Bloomberg) — Russia’s giant Soviet-era oil pipeline is a vital piece of Europe’s energy infrastructure, carrying crude to

April 26, 2019
Total Views: 50

Thursday, April 18, 2019
U.S. Gulf Gets Least Crude in Decades as Iraqi Imports Dive
Shipping News

U.S. Gulf Gets Least Crude in Decades as Iraqi Imports Dive

By Sheela Tobben (Bloomberg) — The U.S. Gulf Coast imported the least amount of crude in nearly three decades as shipments from Iraq plummeted and

April 18, 2019
Total Views: 16

Monday, March 11, 2019
port of corpus christi
Shipping News

Occidental Emerges as Heavy Hitter in U.S. Oil Export Boom

By Devika Krishna Kumar and Florence Tan NEW YORK/HOUSTON, March 11 (Reuters) – Occidental Petroleum Corp has emerged as one of the biggest

March 11, 2019
Total Views: 75

Tuesday, July 10, 2018
ships at anchor
Shipping News

BIMCO: 2018 Has Been ‘Historically Bad’ for Crude Oil Tankers

The first half of 2018 has been a historically bad year for crude oil tankers as earnings hit their lowest level on record in heavy loss-making territory,

July 10, 2018
Total Views: 98

Wednesday, June 27, 2018
oil tanker at anchor
News

Crude Surges to 3 1/2-Year High After U.S. Stockpiles Plunge

By Jessica Summers (Bloomberg) — Oil rose to a level last seen in late 2014 after U.S. crude stockpiles tumbled by the most since September 2016. Futures

June 27, 2018
Total Views: 26

Tuesday, January 30, 2018
crude oil Pipeline
News

New Pipeline Scrambles American Crude Imports & Exports

by Devika Krishna Kumar (Reuters) – The Diamond Pipeline has scrambled crude oil flows around the U.S. Gulf Coast and Midwest since it opened in

January 30, 2018
Total Views: 29

Monday, January 22, 2018
The Philadelphia Energy Solutions oil refinery owned by The Carlyle Group is seen at sunset in Philadelphia. Photo REUTERS/David M. Parrott
Shipping News

Biggest U.S. East Coast Oil Refinery Files for Bankruptcy

By Barbara Powell and Tiffany Kary (Bloomberg) — Philadelphia Energy Solutions LLC, owner of an oil refinery that supplies more than a quarter

January 22, 2018
Total Views: 46

Sunday, October 29, 2017
Iraq Boosts Oil Export Capacity
Ports

Iraq Boosts Oil Export Capacity

by Ahmed Rasheed (Reuters) Iraq has increased oil export capacity from its southern ports by 900,000 barrels per day (bpd) to 4.6 million bpd after adding a

October 29, 2017
Total Views: 121

Wednesday, July 12, 2017
oil tanker
News

Oil Traders Turn Bespoke Crude Tailors in Offshore Megastore

By Serene Cheong (Bloomberg) — The biggest oil traders feeling the squeeze in a world awash with crude are seeking an edge by offering

July 12, 2017
Total Views: 39

Monday, March 20, 2017
offshore oil rig Statoil
News

Oil Drops as U.S. Drilling Growth Threatens to Counter OPEC Cuts

By Mark Shenk (Bloomberg) — Oil fell as a U.S. drilling revival undermines the potential for OPEC output curbs to rebalance the market. Futures

March 20, 2017
Total Views: 27

Tuesday, December 13, 2016
Oil Demand to Grow More Swiftly, Too Early to Assess Global Output Cut
Shipping News

Oil Demand to Grow More Swiftly, Too Early to Assess Global Output Cut

By Amanda Cooper LONDON, Dec 13 (Reuters) – Global oil demand will rise more strongly than expected next year, although it is too soon to assess fully

December 13, 2016
Total Views: 19

Tuesday, September 20, 2016
World News: Libya Ramps Up Crude Exports as Ports Reopen for First Time Since 2014
News

World News: Libya Ramps Up Crude Exports as Ports Reopen for First Time Since 2014

By Saleh Sarrar and Hatem Mohareb (Bloomberg) — Libya boosted crude production by more than 70 percent since August as some oil fields resumed output and

September 20, 2016
Total Views: 17

Tuesday, September 13, 2016
Suezmax Aegean Unity new panama canal locks
News

Oil Map Redrawn When Cheap Tankers Make Crazy Voyages Profitable

By Tracy Alloway and Javier Blas (Bloomberg) — From Norway to the Bahamas, from Algeria to Australia. Ultra-low crude prices combined with cheap shipping

September 13, 2016
Total Views: 40

Monday, August 29, 2016
Oil Executives See Market ‘Volatility’ Through 2017
Shipping News

Oil Executives See Market ‘Volatility’ Through 2017

By Mikael Holter and Rakteem Katakey (Bloomberg) — Crude markets will continue to be plagued by volatility in the short and medium term after suffering

August 29, 2016
Total Views: 14

Friday, August 19, 2016
Glut of Floating Crude Clears
Offshore

Glut of Floating Crude Clears

The glut of crude oil stored in ships on the North Sea is finally starting to dissipate. Demand for the commodity has increased as traders take advantage of

August 19, 2016
Total Views: 77

Sunday, August 14, 2016
The World’s Energy Engine Is Slowing
Offshore

The World’s Energy Engine Is Slowing

(Bloomberg) China’s imports of crude oil, coal and natural gas slowed in July, offering no solace for producers hoping demand from the world’s largest

August 14, 2016
Total Views: 79

Saturday, February 6, 2016
iranian crude supertanker
Shipping News

Iranian Crude – European To Import 300,000+ Barrels A Day

by Hashem Kalantari  Deena Kamel  (Bloomberg) Iran will start sending 300,000 barrels a day of crude to Europe, 54 percent of the total it

February 6, 2016
Total Views: 40

Friday, December 18, 2015
Congress Passes U.S. Spending Bill to End Crude Oil Export Ban
News

Congress Passes U.S. Spending Bill to End Crude Oil Export Ban

By Billy House and Erik Wasson (Bloomberg) — Congress passed a $1.1 trillion spending measure that averts a U.S. government shutdown and ends a 40-

December 18, 2015
Total Views: 44

Sunday, November 22, 2015
Global Oil Job Cuts Top 250,000
Offshore

Global Oil Job Cuts Top 250,000

by David Wethe and Saleha Mohsin (Bloomberg) – The number of jobs gutted from oil and gas companies around the world has now passed the 250,000

November 22, 2015
Total Views: 46