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Oil drops on expected US crude inventory build

2015-04-28 01:00:00| Offshore Technology

The price of Brent crude oil fell on Tuesday in advance of weekly US crude inventory data, that is estimated to reach another high.

Tags: build expected oil inventory

 

Odyssey Pipeline transports first crude oil from Delta House platform

2015-04-27 01:00:00| Hydrocarbons Technology

The Odyssey Pipeline System, a joint venture between Shell and Genesis Energy, has transported the first crude oil production from the Delta House platform in the Mississippi Canyon protraction area of the Gulf of Mexico.

Tags: house oil platform delta

 
 

Oil prices stabilise as US crude inventories rise

2015-04-23 01:00:00| Offshore Technology

The price of Brent crude oil stabilised today as increasing US crude inventories neutralised the worries over renewed violence in Yemen.

Tags: prices oil rise crude

 

Raise in US crude inventories forces oil to drop below $62

2015-04-22 01:00:00| Offshore Technology

Increase in the US oil inventories has cut the crude oil price to under $62, for the 15th straight week.

Tags: oil drop forces raise

 

Crude behavior: SABIC profits plummet, stocks surge

2015-04-20 19:10:17| Chemicals - Topix.net

Saudi Basic Industries Corp. , the world's biggest petrochemicals manufacturer by sales, surged the most in almost five years after first-quarter profit beat estimates. The shares soared 9.8 percent, the most since May 2010, to SR95.75 at 12:22 p.m. in Riyadh.

Tags: behavior stocks profits surge

 

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