Edition:
United Kingdom

Collin Eaton

Oil drops on surprise U.S. crude build but tariff deadline eyed

11 Dec 2019

HOUSTON Oil prices dropped almost 1% on Wednesday following a surprise build in U.S. crude inventories, and as investors waited to see if a fresh round of tariffs by Washington on Chinese goods would come into force on Sunday.

EPIC Midstream loads first oil tanker at new Texas export terminal

10 Dec 2019

HOUSTON EPIC Midstream loaded its first oil tanker at its new Texas export terminal and plans to open another dock in the third quarter of 2020, benefiting from rising demand for low-sulfur U.S. crude, EPIC President Brian Freed said in an interview.

EPIC Midstream loads first oil tanker at new Texas export terminal

10 Dec 2019

HOUSTON, Dec 10 EPIC Midstream loaded its first oil tanker at its new Texas export terminal and plans to open another dock in the third quarter of 2020, benefiting from rising demand for low-sulfur U.S. crude, EPIC President Brian Freed said in an interview.

Oil prices fall more than 1% on trade talks uncertainty

18 Nov 2019

HOUSTON Oil prices fell more than 1% on Monday, erasing much of last week's gains and tumbling alongside U.S. stocks on uncertainty over a trade deal between the United States and China.

Oil rises on U.S.-China hopes and improved outlook

04 Nov 2019

HOUSTON Oil prices rose on Monday, buoyed by an improved outlook for crude demand as better-than-expected U.S. jobs growth added to market hopes a preliminary U.S.-China trade deal would be reached this month.

Shippers seek alternatives for oil as crews work toward plugging Keystone leak

01 Nov 2019

WINNIPEG/HOUSTON Cleanup crews in Walsh County, North Dakota, are working to plug the Keystone pipeline after a 9,000-barrel oil leak this week, a state official said Friday, while crude shippers are searching for alternative means of getting needed supply.

Oil mixed on forecast of falling U.S. fuel stockpiles

29 Oct 2019

HOUSTON Oil prices were mixed on Tuesday, paring earlier steep losses as investors focused on signs that U.S.-China trade tensions could ease next month and expectations that U.S. refined product stockpiles declined last week.

Carlyle Group's oil terminal exit starts shakeout of U.S. crude exporters

29 Oct 2019

HOUSTON Carlyle Group LP's decision to abandon a Texas crude export project this month marked the start of a shake out among the nine deep water terminal proposals vying to export U.S. shale, said investors and analysts.

Carlyle Group's oil terminal exit starts shakeout of U.S. crude exporters

29 Oct 2019

HOUSTON, Oct 29 Carlyle Group LP's decision to abandon a Texas crude export project this month marked the start of a shake out among the nine deep water terminal proposals vying to export U.S. shale, said investors and analysts.

Tankers sail after U.S. allows sanctions-hit COSCO unit to wind down oil deals

25 Oct 2019

LONDON/HOUSTON At least three tankers are on their way to Asia with U.S. oil cargoes after Washington gave temporary approval to wind down transactions with a Chinese shipping company that it sanctioned last month, according to data and shipping sources.

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