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Tag: crude oil
Brent crude oil increases to $62 a barrel
2015-02-17 01:00:00| Offshore Technology
The price of Brent crude oil increased to $62 a barrel today amid potential supply risk threats to Middle East.
Tags: oil
increases
crude
brent
Crude Oil Bears Betting on Supply Glut Miss Market Rally: Energy
2015-02-16 10:47:24| Oil & Gas - Topix.net
Hedge funds and other money managers decreased net-long positions in West Texas Intermediate crude by 9.1 percent since Jan. 13, U.S. Commodity Futures Trading Commission data show. Futures climbed for a third week as companies including Apache Corp. and Total SA announced spending cuts.
Tags: market
supply
energy
miss
How Correlated Are Crude Oil Prices To Finished Petroleum Products?
2015-02-16 02:22:48| Oil & Gas - Topix.net
Refineries turn crude oil into finished petroleum products like motor gasoline, diesel fuel, and jet fuel. Today, we are going to look at how closely four petroleum products track crude oil prices.
Tags: products
prices
oil
finished
Train Carrying Crude Oil Derails in Ontario
2015-02-15 18:43:33| Railroads - Topix.net
A train carrying crude oil and operated by Canadian National Railway Co. derailed near the town of Timmins in northern Ontario just before midnight on Saturday, causing a fire but resulting in no reported injuries.
Tags: oil
train
carrying
ontario
Brent crude oil remains around $60 a barrel
2015-02-13 01:00:00| Offshore Technology
The price of Brent crude oil remained around $60 a barrel in Asia on Friday on reports of investment cuts by oil firms and a weak US dollar.
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