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Tag: crude oil
US Crude Oil Production Dropped in April
2020-06-30 20:00:00| OGI
The data suggests that oil production dropped off in April after crude prices had plummeted amid a supply glut and lack of demand due to the coronavirus pandemic.
Tags: april
production
oil
dropped
Empire Pipeline Buys Louisiana Crude Oil Terminal from Shell
2020-06-26 21:45:00| OGI
Though specific terms of the transaction were not disclosed, Empire Pipeline said in a statement on June 25 it acquired the Gibson termianl from affiliates of Royal Dutch Shell.
Tags: oil
terminal
shell
louisiana
US Crude Oil Stockpiles Hit Record High For Third Week
2020-06-24 21:00:00| OGI
Crude oil inventories also hit another record high on the U.S. Gulf Coast, where the bulk of the nation's refining capacity is located.
US Crude Oil Stockpiles Surge to Record High on Big Saudi Imports
2020-06-10 19:35:00| OGI
Crude oil inventories rose 5.7 million barrels in the week to June 5 to 538.1 million barrels, most in history, not including the U.S. strategic reserves, EIA data showed.
First US Crude Oil Shipment Heads to Belarus, Pompeo Says
2020-05-15 23:30:00| OGI
The first shipment of U.S. crude oil is heading to Belarus this week, fulfilling a commitment made in February, U.S. Secretary of State Mike Pompeo said.
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