タグ - crude glut

BloombergChina Keeps Oil's Cash Spigot OpenBloombergClosing off the spigot of capital to the oil industry is proving tougher than expected. QEP Resources on Monday became the latest U.S. exploration and production company to issue a sack of new shares
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USA TODAYStocks almost flat as oil prices rise above $33 a barrelUSA TODAYU.S. stocks were closed to unchanged Monday afternoon as oil prices rose and global stocks fell after a meeting of G20 finance officials ended without pledges for joint action to sti
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Wall Street JournalOil Tankers Wait to Unload Cargo in Rotterdam in Another Sign of GlutWall Street JournalLONDON—Up to 50 oil tankers are waiting to unload cargo in the port of Rotterdam, the highest number since 2009 and another sign that amid a glut cru
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OilPrice.comThe Oil Market Is Beginning To CrackOilPrice.comThe Midwest accounts for nearly a quarter of the crude processed in the U.S. and is home to shale producers that have few other outlets for their oil. But refiners there are already swimming in ga
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Washington TimesEDITORIAL: American oil for a reliable allyWashington TimesThe arrival in Israel of a cargo of sweet crude oil from the United States, dispatched from a joint Dutch-Swiss trading company, is the first American overseas shipment since the Un
Admin 29.02.2016 0 98

Beaumont EnterpriseOil Giant Cuts Budget By 80 Percent And Suspends FrackingOilPrice.comWhiting Petroleum Corp. (NYSE:WLL), the largest oil producer in North Dakota, has announced that it will suspend all fracking in the state and cut its budget for this y
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Financial TimesSaudi Arabia seeks US investment to plug gap in oil revenuesFinancial TimesSaudi Arabia has drawn up a new strategy to convince US companies to invest in the kingdom, as it struggles to deal with the impact of sharply lower oil prices. Offic
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Can US halt ISIS march toward Libya oil?USA TODAYThe Islamic State (ISIS, or ISIL) is taking on recruits faster than anyone can keep up with, and it's heading towards Libya's oil crescent, eyeing billions of barrels that a country at war with itsel
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USA TODAYCan US halt ISIL's march toward Libya oil?USA TODAYThe Islamic State (ISIS, or ISIL) is taking on recruits faster than anyone can keep up with, and it's heading towards Libya's oil crescent, eyeing billions of barrels that a country at
Admin 28.02.2016 0 58

Wall Street JournalThe New Oil-Storage Space: RailcarsWall Street JournalThe U.S. market is so oversupplied with oil that traders are experimenting with a new place for storing excess crude: empty railcars. There are plenty to choose from: Thousands of rai
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