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Brent Oil Inches Up On Iran Tensions, OPEC, While US Crude Calls

2019-07-05 16:41:11| OGI

Brent oil ticked higher on Friday, supported by tensions over Iran and the decision by OPEC and its allies to extend a supply cut deal until next year, while U.S. benchmark crude prices fell on weak economic indicators.

Tags: oil calls iran inches

 

US Crude Reportedly To Trickle Onto New Gulf Coast lines As Connections, Storage Opens

2019-07-03 16:19:35| OGI

The pipeline operator is in talks with NuStar Energy, which has a terminal at Corpus Christi, a NuStar spokesman confirmed. A deal could help address EPIC's storage shortfall as it works to construct its own terminal, traders said.

Tags: lines storage coast connections

 
 

Kinder Morgan,Tallgrass Launch Open Season To Increase Bakken Crude Capacity

2019-07-01 17:08:43| OGI

The Hiland Crude system is currently capable of moving about 88,000 barrels per day from Bakken origin points to Guernsey, Wyo.

Tags: open increase season capacity

 

US Regulator Pauses Review Of Enbridge, Oiltanking Crude Export Project

2019-07-01 16:19:48| OGI

The U.S. Maritime Administration and the U.S. Coast Guard on June 26 issued a stop clock letter that pauses their evaluation of the pairs Texas Crude Offshore Loading Terminal.

Tags: review project export crude

 

Report: Planned Red Oak Pipeline Will Contribute To Crude Overbuild

2019-06-21 12:00:00| OGI

Bernstein Midstream speculates that the additional pipeline projects will bring the 2021 WTI-Brent differentials to less than $4 a barrel, which is way below the current curve of $6.50.

Tags: report red contribute planned

 

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