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Flurry of US Gulf Coast Crude Export Fixtures Offers Glimmer of Hope

2020-05-29 11:10:00| OGI

Commodities merchant Trafigura and Occidental Petroleum are among companies looking to book vessels to ship crude from the U.S. Gulf Coast to Asia, one shipbroker said.

Tags: offers hope export coast

 

Phillips 66 to Raise Rates for Gray Oak Crude Pipeline in Texas

2020-05-20 11:20:00| OGI

The Gray Oak pipeline is one of the biggest new pipelines connecting the Permian Basin, the nation's largest oil field, to the U.S. Gulf Coast.

Tags: in rates texas raise

 
 

WTI Crude Strengthens as Certain Stimulus Measures to Continue

2020-05-19 23:00:00| OGI

Another drawdown in U.S. crude stockpiles in official weekly data to be released on May 20 could support oil prices more, said John Kilduff, a partner at Again Capital Management in New York.

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First US Crude Oil Shipment Heads to Belarus, Pompeo Says

2020-05-15 23:30:00| OGI

The first shipment of U.S. crude oil is heading to Belarus this week, fulfilling a commitment made in February, U.S. Secretary of State Mike Pompeo said.

Tags: says oil heads belarus

 

US Crude Oil Stockpiles Unexpectedly Drop for First Time Since January

2020-05-13 20:00:00| OGI

Stocks in Cushing fell by 3 million barrels in the last week, the EIA said. The hub, coming into this week's data, is more than 80% full, as producers find themselves with fewer places to store oil.

Tags: time since january oil

 

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