Edition:
United Kingdom

Devika Krishna Kumar

UPDATE 1-Enbridge delays open season for bids on Mainline oil pipeline system -sources

17 Jul 2019

NEW YORK/CALGARY, Alberta, July 17 Enbridge Inc has delayed the start of an open season to solicit bids for contracted space on its Mainline oil pipeline system, North America's largest oil-shipping network, three market sources told Reuters on Wednesday.

Enbridge delays start of open season for bids on Mainline oil pipeline system -sources

17 Jul 2019

NEW YORK/CALGARY, Alberta, July 17 Enbridge Inc has delayed the start of an open season to solicit bids for contracted space on its Mainline oil pipeline system, North America's largest oil-shipping network, three market sources told Reuters.

Canada's struggling energy industry takes stock at annual Stampede party

12 Jul 2019

CALGARY, Alberta Frustration is palpable among Canadian energy executives who have flocked to the annual Calgary Stampede celebrations in Canada's oil capital this week, even though a recent pipeline approval gives them something to celebrate amid the rodeo competitions, corporate parties and pancake breakfasts.

EXCLUSIVE-Mexico's formula to execute annual oil hedge is ready -official

12 Jul 2019

By Anthony Esposito, Stefanie Eschenbacher and Devika Krishna Kumar

Exclusive: Mexico's formula to execute annual oil hedge is ready - official

12 Jul 2019

By Anthony Esposito, Stefanie Eschenbacher and Devika Krishna Kumar

Oil prices climb as U.S. equities rally, rig count drops

03 Jul 2019

NEW YORK Oil prices edged higher on Wednesday ahead of a U.S. holiday, after falling steeply a day earlier as worries about a slowing global economy outweighed a decision by OPEC and allies to extend crude output cuts.

U.S. crude to trickle onto new Gulf Coast lines as connections, storage opens: sources

02 Jul 2019

NEW YORK/HOUSTON A year-old bottleneck of crude in West Texas is shifting east as new pipelines prepare to begin operations without enough connections or storage for the smooth movement of shale oil to a U.S. Gulf Coast export hub, according to traders and analysts.

Mexico nearly ready with formula for billion-dollar oil hedge: official

28 Jun 2019

MEXICO CITY/NEW YORK Mexico has nearly finished reworking the formula it uses to hedge its oil production, a finance ministry official said on Friday, including changes to how it factors fuel oil prices into its export mix.

UPDATE 2-Mexico nearly ready with formula for billion-dollar oil hedge -official

28 Jun 2019

MEXICO CITY/NEW YORK, June 28 Mexico has nearly finished reworking the formula it uses to hedge its oil production, a finance ministry official said on Friday, including changes to how it factors fuel oil prices into its export mix.

Oil prices fall, but post weekly gain ahead of G20 talks, OPEC

28 Jun 2019

NEW YORK Oil prices fell on Friday but posted their second straight week of gains ahead of trade talks between the U.S. and Chinese presidents this weekend, and on widely expected production cuts from OPEC on Monday.

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