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Results 1 - 20 of 104 for "u:reuters.com" in Cushing, OK

  1. UPDATE 4-Brent hits 16-month low below $99 on strong supply growthRead the original story

    Wednesday Sep 10 | Reuters

    Brent crude dropped to a new 16-month low below $99 a barrel on Wednesday as rising supplies and weak demand helped extend losses into a fifth session, even as top oil exporter Saudi Arabia said it had cut oil production last month. Brent has fallen by more than 14 percent since hitting a year high above $115 a barrel in June, with fast-rising U.S. output and the return of exports from Libya creating a market that looks increasingly over supplied.

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  2. UPDATE 2-Oil steadies near $102, heads for weekly drop on dollarRead the original story

    Thursday Sep 4 | Reuters

    Brent crude oil steadied near $102 a barrel on Friday, heading for a third weekly drop in four as a strong dollar depressed demand, though data showing lower crude stocks in the United States kept a floor under prices. Oil prices on both sides of the Atlantic fell nearly $1 on Thursday as a surprise cut in interest rates by the European Central Bank led to a spike in the U.S. dollar, making it more expensive for holders of other currencies to buy the dollar-denominated commodity.

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  3. UPDATE 1-Enterprise holds open season for Bakken to Cushing pipelineRead the original story

    Thursday Sep 4 | Reuters

    Enterprise Products Partners LP said on Thursday that it was holding an open season for a proposed pipeline that would be the first in directly moving shale oil from the Bakken formation to Cushing, Oklahoma. The pipeline, which would have an initial capacity of some 340,000 barrels per day of crude oil and expandable to more than 700,000 bpd, should be fully operational by the third quarter of 2017, the company said.

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  4. Canada Crude-Heavy grades strengthen as demand boost eyedRead the original story

    Tuesday Sep 2 | Reuters

    Canadian heavy crude differentials narrowed on Tuesday on tightened supply and the possibility of strong demand for the oil to fill a new pipeline project.

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  5. UPDATE 1-Brent hovers below $103 as ample supply weighsRead the original story

    Wednesday Aug 27 | Reuters

    Brent futures dipped on Thursday, but still held between $102 and $103 a barrel, as ample supply and a refinery fire in the United States that could reduce crude demand weighed on prices.

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

    Monday Aug 25 | 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.

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  7. 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.

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  8. 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.

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  9. 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.

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  10. 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.

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  11. 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.

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  12. 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.

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

    Aug 10, 2014 | 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.

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

    Aug 7, 2014 | 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.

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

    Aug 6, 2014 | 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.

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

    Aug 6, 2014 | 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.

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

    Aug 5, 2014 | 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.

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

    Aug 5, 2014 | 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.

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

    Aug 4, 2014 | 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.

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

    Aug 4, 2014 | 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.

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