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Oil prices edge down after APIs data reveals fall in crude stocks

2016-07-27 01:00:00| Offshore Technology

Oil prices have fallen after data released by the American Petroleum Institute (API) highlighted a drop in weekly stocks was less than expected, raising worries over persistent oversupply.

Tags: data prices fall edge

 

Saskatchewan Oil Spill: Husky Energy Pipeline Leaks Crude Oil Into Major River

2016-07-23 23:34:00| Climate Ark Climate Change & Global Warming Newsfeed

Canadian Press: Attempts to stop a pipeline oil spill from flowing down a major river in Saskatchewan failed Friday and new steps were being taken to try to contain the slick. A government official said booms placed on the North Saskatchewan River by Husky Energy to contain the spill were ineffective because high water levels lifted the oil over the barriers. Crews work to clean up an oil spill on the North Saskatchewan river near Maidstone, Sask. on Friday. (Photo: Jason Franson/The Canadian Press) The...

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Oil prices remain steady as US crude inventories decline

2016-07-21 01:00:00| Offshore Technology

Oil prices have remained steady after the US Energy Department reported a drawdown of crude inventories.

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Oil prices rise as investors await US crude stocks data

2016-07-20 01:00:00| Offshore Technology

Oil prices have increased with investors watching for a signal from weekly crude stocks data in US on whether the oversupply was easing.

Tags: data prices oil rise

 

Report: Four crude oil tankers, four LNG carriers and ten LPG tankers announced in H1 2016

2016-07-15 01:00:00| Hydrocarbons Technology

The first half of 2016 saw Arab Maritime Petroleum Transport Company announce two new crude oil tankers, followed by Kyoei Tanker Company Limited and Tsakos Energy Navigation Ltd announcing one each, according to a report by GlobalData.

Tags: in report oil announced

 

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