Results 1 - 20 of 93 for "u:reuters.com" in Cushing, OK
Oil rose for a third straight session on Friday, supported by a raft of strong economic data from top oil consumer the United States that also boosted U.S. equities, even as the dollar hit a multi-year high. Comment?
Brent crude oil prices rose by more than $1 on Wednesday, reversing early losses to settle above $103 a barrel and increasing its premium over U.S. crude to the largest in 13 sessions. Comment?
Brent futures held steady above $102 a barrel on Wednesday as the U.S. dollar eased, but gains were capped by forecasts of rising supplies from the United States amid a bleak outlook for global demand growth. Comment?
TransCanada Corp said its 590,000 barrel per day Keystone oil pipeline was shut down on Tuesday after a power outage in Alberta cut the electricity supply to pump stations in the province. Comment?
Brent futures held steady near $103 a barrel on Tuesday, caught between hopes of a revival in demand growth after an unexpected jump in U.S. retail sales and concerns about rising stockpiles in the world's largest oil consumer. Comment?
Brent futures held near $104 a barrel on Thursday, as upbeat data worldwide renewed hopes of a revival in demand growth, while concerns of ample supplies weighed on prices. Comment?
Billionaire commodities trader Andy Hall is resolute that oil prices will rise longer-term, even after April's tumble triggered the worst slump in his flagship hedge fund for nearly a year. Comment?
He said shipper commitments were "significantly in excess" of the pipeline's current 225,000 barrel per day capacity, and the company may increase that by 50,000 bpd at an estimated cost of $80 million. Comment?
Marathon Petroleum Corp expects the narrowed spread between U.S. crude benchmark West Texas Intermediate and London's Brent crude to widen again, though not necessarily to the $20-level seen earlier this year, company executives said on Tuesday. Comment?
TransCanada Corp's 400,000 barrel per day Keystone Marketlink pipeline between Cushing, Oklahoma, and Port Arthur, Texas is on target to begin commercial operations in December of this year, the company said on Friday. Comment?
Brent crude eased to $103 a barrel on Friday after rising $3 in the past two sessions, with investors cautious over the tepid outlook for growth in the world's two largest oil consumers, the United States and China. Comment?
The BSE index rose 0.98 percent and the broader 50-share NSE index advanced 1.15 percent, led by gains in rate-sensitives like lenders and realty stocks. Comment?
The BSE index rose 0.71 percent, while the broader 50-share NSE index advanced 0.83 percent, led by gains in rate-sensitives like lenders and realty stocks. Comment?
Brent crude futures slipped below $97 a barrel on Thursday for the first time since July, as worries about global oil demand persisted amid rising U.S. fuel supplies and a recent slew of weaker-than-expected economic data. Comment?
Grady Semmens, a spokesman the company, said in an email that the line, which takes Canadian crude to Patoka, Illinois, and Cushing, Oklahoma, was shut for "some time" overnight because of normal operating issues. Comment?
Brent crude rebounded above $100 per barrel on Wednesday as a steep drop over the past five sessions attracted bargain hunters, while hopes the U.S. Federal Reserve will maintain its monetary stimulus after recent weak data also supported prices. Comment?
Brent crude futures rose above $105 per barrel on Tuesday after data showed China's inflation in March was slower than expected, giving its central bank room to keep monetary policy easy and supportive of oil demand in the world's second-biggest consumer. Comment?
Gold suffered an investor exodus for a third consecutive month, bringing first-quarter ETP outflows to $9.2 billion, but white metals - silver, platinum and palladium - escaped the sell-off, BlackRock, the world's largest asset manager, said. Comment?
Brent crude edged up above $107 on Thursday after its biggest fall in five months in the previous session, but prices stayed close to this year's low, as weak data and swelling inventories in top consumer the United States muddied the demand outlook. Comment?
Oil prices fell 3 percent on Wednesday in the steepest daily drop in five months, as U.S. crude inventories rose to their highest since 1990 and as weak economic data weighed on the outlook for demand. Comment?