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Enterprise Opens Up Pipeline Freeway to Cushing Storage Hub for Crude Producers

2020-04-15 15:15:11| OGI

Despite production cutbacks, US storage is expected to be full by mid-year.

Tags: storage enterprise opens producers

 

As Shale Struggles, Crude Tankers Ply Oceans of Cash

2020-04-06 18:00:00| OGI

Even with very high day rates, the oil market contango means that floating storage makes economic sense.

Tags: cash crude struggles oceans

 
 

Is Crude Oil Storage on Vessels the Answer?

2020-04-01 18:00:00| OGI

As demand for crude oil falls and storage tanks around the world fill up, there is a temptation to turn to tankers for storage.

Tags: the answer storage oil

 

On the Money: Crude and Credit Get Ugly

2020-04-01 14:00:00| OGI

Hart Energy hosted its Energy Capital Conference on March 2 amid much sober sentiment after the steepest one-day stock market drop since 2008 and a 16% plunge in WTI crude the prior week.

Tags: money credit ugly crude

 

Booking Frenzy Sends Oil Tanker Rates Soaring As OPEC Opens Crude Taps

2020-03-12 15:37:53| OGI

Freight charges from the Middle East to China doubled overnight.

Tags: rates oil opens booking

 

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