Flotilla of U.S. Crude Heading to Asia
By Liz Hampton and Catherine Ngai HOUSTON/NEW YORK, May 17 (Reuters) – Oil tankers carrying roughly 2.5 million barrels of U.S. crude are currently en
By Liz Hampton and Catherine Ngai HOUSTON/NEW YORK, May 17 (Reuters) – Oil tankers carrying roughly 2.5 million barrels of U.S. crude are currently en
By Sheela Tobben (Bloomberg) — Another week, another record for U.S. crude exports. Producers and traders shipped out 1.21 million barrels of crude a day
By Chen Aizhu and Catherine Ngai (Reuters) Oil traders and major producers are lining up a flotilla of carriers to ship more U.S. crude to Asia in December
HOUSTON, Sept 26 (Reuters) – A tanker carrying over 1 million barrels of U.S. light crude finished discharging on Monday after a 100-day wait related to
by Andy Hoffman (Bloomberg) Mercuria Energy Group Ltd. has engineered perhaps the most logistically complex trade yet to export U.S. oil since a four-decade
By Catherine Ngai (Reuters) A rare opening of an export window for crude moving from the U.S. Gulf to Western Europe has caused a flurry of interest among oil
By Henning Gloystein (Reuters) Long a shipping registry but best known for diving, lagoons and the island that gave the world the name for the bikini swimsuit,
By Liz Hampton HOUSTON, Aug 11 (Reuters) – British oil company BP Plc has loaded a cargo of Alaskan North Slope (ANS) crude for export, according to two
By Florence Tan SINGAPORE, July 22 (Reuters) – Unipec, the trading arm of top Asian refiner Sinopec, has bought two U.S. crude cargoes, including a rare
By Sheela Tobben (Bloomberg) — A cargo of Alaska North Slope crude is scheduled to load next week aboard a foreign-flagged tanker for the first time in
HOUSTON, April 14 (Reuters) – Exxon Mobil is shipping a cargo of crude produced from its deepwater Julia field in the Gulf of Mexico to its refinery in
By Joe Carroll and Harry R. Weber (Bloomberg) — The sea stretched toward the horizon last New Year’s Eve as the Theo T, a red-and-white tug at her
By Jacob Gronholt-Pedersen and Liz Hampton SINGAPORE/HOUSTON, Jan 8 (Reuters) – Oil traders in Asia are running the numbers on importing Alaskan crude,
By Joe Carroll and Naureen S. Malik (Bloomberg) — The worst fears of OPEC and Asian gas exporters are about to come true. U.S. shale drillers who pushed
HOUSTON, Dec 30 (Reuters) – The world’s largest oil trader Vitol SA has secured a second cargo of U.S.-produced crude for export, just weeks after
By Valerie Volcovici and Catherine Ngai Dec 23 (Reuters) – U.S. energy group Enterprise and oil trader Vitol raced to exploit the end of a 40-year ban on
By Dan Murtaugh and Sheela Tobben (Bloomberg) — It took years to lift a ban on most U.S. oil exports. It took a week for the first shipment to
By Debjit Chakraborty, Yuji Okada and Serene Cheong (Bloomberg) — In the world’s biggest oil market, buyers have better options than U.S. crude. As the
With the stroke of a pen, President Barack Obama on Friday ended 40 years of U.S. crude oil export limits by signing off on a repeal passed by Congress earlier
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-
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