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Today's Brent crude steady amid China's optimistic manufacturing data

2013-01-24 01:00:00| Offshore Technology

Brent crude was steady today while US crude experienced significant gain in the wake of China's positive manufacturing data release, which indicated potential growth in the country's oil demand.

Tags: data manufacturing steady crude

Today's Brent crude rises over economic optimism in Japan, US, China

2013-01-22 01:00:00| Offshore Technology

Brent crude jumped by 36 cents to $112.07 a barrel today, after Japan promised to introduce more monetary stimulus to improve its economy, while the US and China have shown positive economic signs in recent weeks.

Tags: us china japan economic

JP Energy Development to build interstate crude oil pipeline in Kansas, US

2013-01-17 01:00:00| Hydrocarbons Technology

US-based crude oil midstream company JP Energy Development, a subsidiary of JP Energy Partners, has signed a 15-year agreement with Tug Hill Operating to develop the new interstate crude oil pipeline, known as the Kansas Express, to transport crude o

Tags: us development build energy

West Texas Intermediate Crude Oil On The Rise With The Expansion Of Seaway Pipeline

2013-01-16 03:16:21| oilandgasonline Home Page

U.S. oil stocks will look to benefit from plans to re-open the Seaway Pipeline. By the end of this week, Operators Enterprise Products Partners LP and Enbridge Inc. have announced 400,000 barrels of oil will flow through their pipeline.

Tags: west texas oil rise