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Oil Holds Gains Near $60 on Signs U.S. Crude Surplus Shrinking

2015-06-17 15:48:37| Oil & Gas - Topix.net

Futures were little changed in New York after rising 0.8 percent Tuesday. Crude inventories shrank by 2.9 million barrels in the week ended June 12, the industry-funded American Petroleum Institute was said to have reported.

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US crude oil prices increase supported by warnings on tropical storm

2015-06-16 01:00:00| Offshore Technology

Crude oil prices in the US increased on Tuesday, supported by warnings issued by the US National Hurricane Center (NHC) about a tropical storm Carlos that may hit the coast of the oil-producing state of Texas.

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Asian Oil Refiners Display Animal Spirits as Crude Glut Persists

2015-06-12 19:48:02| Energy - Topix.net

With OPEC pumping the most in almost three years and the U.S. producing the most in three decades, the refiners are showing little concern that prices will suddenly surge. Japan's JX Nippon Oil & Energy Corp., South Korea's SK Innovation Co.

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Asian Oil Refiners Display Animal Spirits as Crude Glut Persists

2015-06-12 16:21:58| Oil & Gas - Topix.net

With OPEC pumping the most in almost three years and the U.S. producing the most in three decades, the refiners are showing little concern that prices will suddenly surge. Japan's JX Nippon Oil & Energy Corp., South Korea's SK Innovation Co.

Tags: display oil animal asian

 

Report: $197,000 worth of crude oil released into air during Encana accident

2015-06-11 22:57:13| Waste Management - Topix.net

Encana Corp. has provided Texas regulators with final figures for an oil rig accident east of Karnes City where the company believes around 138,000 gallons of crude oil worth more than $197,000 spewed into the air and onto the surrounding countryside. The Calgary, Canada-based company submitted its final report to the Texas Commission on Environmental Quality late last week.

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