Cushing Newswire

Comprehensive Real-Time News Feed for Cushing, OK.

Results 1 - 20 of 103 for "u:reuters.com" in Cushing, OK

  1. UPDATE 1-Brent inches up towards $103, but supply glut caps gainsRead the original story

    Yesterday | Reuters

    Brent crude edged up towards $103 a barrel on Tuesday, rising for a second session, although persistent supply pressure and weak economic data in major consumer countries curbed gains.

    Comment?

  2. Pipeline reversal may be first step in stemming U.S. inland crude slumpRead the original story

    Friday Aug 22 | Reuters

    The reversal of flow in a little-known pipeline this week may be a first step toward ending bottlenecks at Midland, Texas, that have kept crude prices there sharply discounted to those at Cushing, Oklahoma.

    Comment?

  3. UPDATE 2-Brent below $103, heads for 2nd weekly loss as oil glut persistsRead the original story

    Thursday Aug 21 | Reuters

    Brent was slightly higher but still trading below $103 a barrel on Friday, heading for a second weekly loss as easing geopolitical risks and ample global oil supply pressured prices.

    Comment?

  4. UPDATE 1-Plains to build Cushing-to-Memphis pipeline for ValeroRead the original story

    Thursday Aug 21 | Reuters

    Plains All American Pipeline LP will build a crude oil pipeline from its terminal at the U.S. futures hub in Cushing, Oklahoma, to Valero Energy Corp's Tennessee refinery, helping the largest U.S. refiner cut transportation costs to tap cheap inland oil.

    Comment?

  5. Plains to build Cushing-to-Memphis pipeline for ValeroRead the original story

    Thursday Aug 21 | Reuters

    Plains All American will build a crude oil pipeline from its terminal at the U.S. futures hub in Cushing, Oklahoma, to Valero Energy Corp's Tennessee refinery, helping the largest U.S. refiner cut transportation costs to tap cheap inland U.S. oil.

    Comment?

  6. UPDATE 1-U.S. crude stocks fall; refiners increase outputRead the original story

    Wednesday Aug 20 | Reuters

    U.S. crude stocks fell more than expected last week as refineries boosted output and imports dropped, while gasoline stocks increased and distillate inventories fell, data from the Energy Information Administration showed on Wednesday.

    Comment?

  7. Permian light crude stranded as U.S. oil exports begin to flowRead the original story

    Sunday Aug 17 | Reuters

    Washington's decision to allow exports of an ultra light crude offers a potential boon to U.S. producers that will bypass drillers in the Permian basin, because the country's fastest growing shale play lacks pipelines or affordable trucking.

    Comment?

  8. UPDATE 2-Brent slips below $105, Iraq oil output steady amid conflictRead the original story

    Sunday Aug 10 | Reuters

    Brent crude slipped under $105 a barrel on Monday, dropping from a one-week high hit on Friday, as U.S. intervention in Iraq eased concerns over the risk of disruption to supply from OPEC's second-largest producer.

    Comment?

  9. From Russia to Iraq, rising oil risks push 2015 prices to a premiumRead the original story

    Thursday Aug 7 | Reuters

    European oil prices in a year's time have risen to a premium over immediate prices for the first time since 2012, as turmoil in Iraq and Libya and tensions between Russia and the West elevate supply risks in the months ahead.

    Comment?

  10. Brent climbs toward $105 supported by U.S. inventory data, Ukraine conflictRead the original story

    Wednesday Aug 6 | Reuters

    Brent crude rose from near four-month lows toward $105 a barrel on Thursday, supported by a decline in U.S. oil inventories and an escalation of East-West tension over the conflict in Ukraine.

    Comment?

  11. UPDATE 1-Tallgrass sees Pony Express pipeline start up in SeptemberRead the original story

    Wednesday Aug 6 | Reuters

    Tallgrass Energy Partners LP expects the Pony Express crude pipeline to start up next month and linefill and final testing is under way, Chief Executive David Dehaemers told analysts on Wednesday.

    Comment?

  12. UPDATE 1-Brent rebounds towards $105; U.S. oil stocks eyedRead the original story

    Tuesday Aug 5 | Reuters

    Brent crude rose towards $105 a barrel on Wednesday, bouncing off a nine-month low hit in the previous session after industry data showed a large drop in U.S. crude stocks last week.

    Comment?

  13. COLUMN-CFTC shows US commodity manipulation laws have teeth: KempRead the original story

    Tuesday Aug 5 | Reuters

    By extracting a $13 million penalty and imposing tough restrictions on future oil trading by Arcadia and others, the U.S. Commodity Futures Trading Commission this week sent a powerful signal that laws against market manipulation still have teeth.

    Comment?

  14. UPDATE 2-Arcadia, traders settle U.S. CFTC oil-rigging suit for $13 mlnRead the original story

    Monday Aug 4 | Reuters

    Global oil trading house Arcadia and two well-known traders will pay $13 million and face an unusual three-year limit on trading physical U.S. benchmark crude to settle a landmark lawsuit over manipulating oil prices in 2008.

    Comment?

  15. Update 1-Arcadia, traders settle Us CFTC oil-rigging suit for $13 mlnRead the original story

    Monday Aug 4 | Reuters

    Global oil trading house Arcadia and two well-known traders will pay $13 million and face three-year limits on trading benchmark U.S. crude to settle a landmark lawsuit over manipulating oil prices in 2008.

    Comment?

  16. Arcadia, Parnon in $13 mln CFTC pact over oil price manipulationRead the original story

    Monday Aug 4 | Reuters

    Three oil trading firms and two traders agreed to pay $13 million to settle a U.S. regulator's lawsuit accusing them of manipulating oil markets in 2008 as prices were soaring, leading to more than $50 million of illegal profit.

    Comment?

  17. UPDATE 9-U.S. oil dives below $100 on Kansas refinery outage, equity dropRead the original story

    Thursday Jul 31 | Reuters

    U.S. crude oil tumbled more than $2 on Thursday, going below $98 a barrel, hitting the lowest level since March on news of a potentially lengthy shutdown at a Kansas oil refinery, while Brent also slipped amid signs of robust OPEC oil production.

    Comment?

  18. UPDATE 8-U.S. oil dives below $100 as Kansas refinery outage weighsRead the original story

    Thursday Jul 31 | Reuters

    U.S. crude oil tumbled more than $2 on Thursday, going below $98 a barrel, hitting the lowest level since March on news of a potentially lengthy shutdown at a Kansas oil refinery, while Brent also slipped amid signs of robust OPEC oil production.

    Comment?

  19. Brent, U.S. crude futures plunge on extended Coffeyville refinery outageRead the original story

    Thursday Jul 31 | Reuters

    U.S. crude oil futures plunged by nearly $2 and Brent crude oil futures fell by more than $1 per barrel on news that the 115,000-barrel-per-day Coffeyville, Kansas, refinery could be down for four weeks following a July 29 fire.

    Comment?

  20. Pony Express oil pipe line-fill starts; shipments seen in Oct.Read the original story

    Tuesday Jul 29 | Reuters

    Line fill on the Pony Express Pipeline carrying crude from Wyoming to Oklahoma began last week although commercial shipments are expected to be delayed until the fourth quarter, market sources said on Tuesday.

    Comment?

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