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Today's Brent crude surges, as positive global data raises demand expectations
2013-05-09 01:00:00| Offshore Technology
Brent crude jumped today after global positive data revived expectations of a rise in demand growth, while fears that an excess supply can put pressure on prices were also reduced.
Tags: data
global
positive
demand
Today's Brent crude steady; China crude imports cap further fall
2013-05-08 01:00:00| Offshore Technology
Brent crude remained steady today after data showed that crude imports by China increased in April; however, apprehension over the weak global demand kept a lid on any gains.
UPDATE 1-Plains' Cactus pipeline to ship Texas sweet and sour crude
2013-05-08 00:45:10| Oil & Gas - Topix.net
ROB Insight is The Globe and Mail's exclusive feature led by a team of award-winning editors and writers who provide you with in-depth analysis on breaking business news and the issues that matter most.
Crude Supplies Climb From 82-Year High in Survey: Energy Markets
2013-05-07 11:17:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: U.S. crude inventories probably rose from a 82-year high as domestic output remained near the most in two decades and demand fell, a Bloomberg survey showed. Stockpiles grew by 2 million barrels, or 0.5 percent, to 397.3 million, the most since 1931, according to the median of 11 analyst estimates before an Energy Information Administration report tomorrow. Ten respondents forecast an increase and one no change in the inventories. U.S. oil production, which climbed to the highest level since...
Tags: high
supplies
energy
survey
Blueknight Energy, Silverado Pipeline to jointly develop crude oil pipeline in Texas, US
2013-05-07 01:00:00| Hydrocarbons Technology
US-based Blueknight Energy Partners (BKEP) has announced that it will establish a joint venture (JV) with Silverado Pipeline to co-develop and reactivate a 200-mile crude oil pipeline between Longview and Houston in Texas, US.
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