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API: GAO Report Reaffirms Economic Benefits Of Crude Exports

2014-10-24 05:38:22| oilandgasonline Home Page

This morning’s report from federal auditors at the Government Accountability Office (GAO) confirms the findings of numerous studies showing that removing export barriers for U.S. crude oil could incentivize higher domestic production, create more jobs, lower the trade deficit, and put downward pressure on gasoline prices.

Tags: report benefits economic api

 

Brent crude oil drops to $86 amid news of first Ebola case in New York, US

2014-10-24 01:00:00| Offshore Technology

The price of Brent dropped towards $86 a barrel on Friday after conformation of the first Ebola case in New York, US.

Tags: us new news case

 
 

Brent crude steadies around $86 on news of a cut in Saudi-Kuwait oil production

2014-10-20 01:00:00| Offshore Technology

The price of Brent crude steadied around $86 a barrel today on news of a cut in oil production from Saudi Arabia and Kuwait.

Tags: news production cut oil

 

CSX Beats Views On Crude Shipments, Bullish On 2015

2014-10-15 08:34:28| Railroads - Topix.net

Rail company CSX topped third-quarter estimates late Tuesday and forecast double-digit gains in the next fiscal year, buoyed by energy industry shipments and a stronger overall U.S. economy. Earnings rose 11% to 51 cents a share, topping views by 3 cents.

Tags: views beats crude shipments

 

Brent crude oil price plummets below $84 to 47-month low due to oversupply

2014-10-15 01:00:00| Offshore Technology

The price of Brent crude plummeted below $84 a barrel today after the International Energy Agency (IEA) cut oil demand growth forecasts.

Tags: to price due low

 

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