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Tag: crude
US Crude Oil Production to Fall Less in 2020 Than Previously Forecast
2020-10-06 20:00:00| OGI
U.S. energy firms last week added oil and natural gas rigs for a third week in a row for the first time since October 2018 after price increases in recent months prompted some producers to start drilling again.
Tags: fall
production
previously
oil
Max Midstream to Develop New US Crude Export Hub Following Acquisition from Oaktree
2020-09-24 22:25:00| OGI
The revitalized terminal is not only expected to connect the Port of Calhoun to both the Eagle Ford and Permian basins but also create more than 1,000 jobs in the Lone Star State, Max Midstream President Todd Edwards says.
Tags: max
develop
export
acquisition
Column: Chinas US Crude Oil Imports to Hit Record in September
2020-09-22 11:10:00| OGI
Vessel-tracking and port data compiled by Refinitiv indicates China will import 867,300 bbl/d of U.S. crude oil in September, exceeding 653,870 bbl/d in August and 693,500 bbl/d in July.
Tags: september
record
hit
oil
Opinion: Crude Oil Industry Starts to Hear Echoes of Coals Demise
2020-09-21 11:00:00| OGI
The problem for the crude oil industry is that it can't really predict the demand side of the equation with any accuracy, given the uncertain nature of the recovery from the COVIE-19 pandemic.
Tags: industry
opinion
hear
oil
US Crude Oil Stocks End Streak of Inventory Drawdowns with Surprise Build
2020-09-10 21:35:00| OGI
Crude inventories rose by 2 million barrels in the week to Sept. 4 to 500.4 million barrels, according to an EIA report, compared with analysts' expectations in a Reuters poll for a 1.3 million-barrel drop.
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