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Trafigura: US Hub Can Help Brent Crude Reform

2021-03-05 17:22:14| OGI

Plan would allow Platts to include US crude in its benchmark.

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Shale Leaders See US Reverting to Net Importer of Crude

2021-03-04 19:00:00| OGI

The heads of U.S. shale giants ConocoPhillips and Pioneer Natural Resources addressed policy changes made by the Biden administration, including a possibly fracking ban, and their effect on the oil sectors recovery.

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Record US Crude Oil Stockbuild as Refining Plummets after Texas Freeze

2021-03-03 18:35:00| OGI

The increase in crude oil stocks in the U.S. was also driven by a big jump in crude imports, which rose by a net 1.66 million bbl/d, the EIA said.

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WTI Crude Oil Hits Highest Since 2019 as Refineries Restart

2021-02-26 00:35:00| OGI

Analysts said WTI crude increased late in the day as more Texas oil refineries started to return to service, including Valero Energys Port Arthur plant and Citgo Petroleums Corpus Christi plant.

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US Crude Oil Production Drops in Largest Weekly Fall Ever: EIA

2021-02-24 20:05:00| OGI

Overall U.S. crude oil output fell by 1.1 million bbl/d to 9.7 million bbl/d in the week to Feb. 19, the EIA said, as Texas deep freeze forced most of the states operators and refiners to shut as components and pipelines froze.

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