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Oil trades near $55 on record US crude stockpiles

2015-02-12 01:00:00| Offshore Technology

The price of Brent crude oil traded slightly above $55 a barrel today after record US crude stockpiles.

Tags: us record oil trades

 

Oil drops below $56 on increase in US crude stocks

2015-02-11 01:00:00| Offshore Technology

The price of Brent crude oil dropped below $56 a barrel on Wednesday after an increase in US crude stocks.

Tags: us increase oil stocks

 
 

Plains All American plans to build two new crude oil pipelines

2015-02-06 01:00:00| Hydrocarbons Technology

Plains All American (PAA) has unveiled plans to build two new crude oil pipelines and related gathering systems in West Texas and New Mexico.

Tags: american plans build oil

 

Crude rout drives Suncor earnings lower

2015-02-05 08:56:36| Oil & Gas - Topix.net

The steep drop in crude prices was evident in the fourth-quarter earnings of Suncor Energy Inc., Canada's biggest oil and gas company. The Calgary-based oilsands giant says its net earnings shrank to $84 million, down 81 per cent from the $443 million it posted a year earlier.

Tags: lower drives earnings crude

 

Oil prices decline further as US crude stocks increase

2015-02-05 01:00:00| Offshore Technology

The prices of oil declined further today as US crude stocks increased more than expected last week.

Tags: increase prices oil stocks

 

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