Yahoo! Maktoob NewsOil falls below $50 on US stocks buildYahoo! Maktoob NewsLONDON/NEW YORK (Reuters) - Oil prices fell back below $50 a barrel on Wednesday after a U.S. government report showed a higher than expected build in oil stocks as well as on OPEC …

Wall Street JournalEnbridge to Invest $5 Billion in Gulf Coast Oil TerminalsWall Street Journal“Our robust Enbridge system would be enhanced by creating terminals in the Gulf of Mexico,” Mike Moeller, general manager of midcontinent assets for Enbridge Ene …

Crude-Oil Exports to Canada Kept US Gulf Coast Storage Hubs Below CapacityWall Street JournalThough federal law prohibits exports of most U.S. crude oil, there is an exception for shipments to Canada. As production in the U.S. and in Canada has increased i …