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Devika Krishna Kumar

Oil traders eye Cushing builds as Sunrise startup shifts flows

9:59pm GMT

NEW YORK The sooner-than-expected startup of the extended Sunrise oil pipeline system in west Texas has shifted flows of crude and boosted inventories in Cushing, Oklahoma, close to a one-year high, with traders now bracing for builds into next year.

Oil traders eye Cushing builds as Sunrise startup shifts flows

9:53pm GMT

NEW YORK, Dec 11 The sooner-than-expected startup of the extended Sunrise oil pipeline system in west Texas has shifted flows of crude and boosted inventories in Cushing, Oklahoma, close to a one-year high, with traders now bracing for builds into next year.

Oil dives nearly 3 percent after OPEC delays output decision

06 Dec 2018

NEW YORK Oil fell nearly 3 percent in choppy trading on Thursday after OPEC and its allies ended a meeting without announcing a decision to cut crude output, and prepared to debate the matter the next day.

Canada-to-U.S. oil pipelines restart after weather disruptions

05 Dec 2018

NEW YORK Two major pipelines carrying oil from Canada to the United States resumed operations on Wednesday after brief disruptions due to power outages from severe weather in Saskatchewan, Canada, a day earlier.

UPDATE 3-Canada-to-U.S. oil pipelines restart after weather disruptions

05 Dec 2018

NEW YORK, Dec 5 Two major pipelines carrying oil from Canada to the United States resumed operations on Wednesday after brief disruptions due to power outages from severe weather in Saskatchewan, Canada, a day earlier.

Two key Canada-to-U.S. oil pipelines hit by disruptions

05 Dec 2018

NEW YORK/VANCOUVER Two major pipelines carrying oil from Canada to the United States were hit by weather-related disruptions on Tuesday, the latest hit to Canada's oil industry just days after the Alberta government announced forced cuts in crude production.

Some Canadian producers push back as Alberta orders oil cuts

03 Dec 2018

NEW YORK/VANCOUVER Several oil companies in Canada pushed back on Monday against Alberta's mandated cuts in crude production, warning about excessive government intervention even as the discount on Canadian crudes narrowed sharply on the curtailment plan.

UPDATE 4-Some Canadian producers push back as Alberta orders oil cuts

03 Dec 2018

* Oil deliveries constrained by full pipelines (Adds comments from Cenovus CEO, industry background)

Oil drops; losses limited by hopes of OPEC, Russia output cut

30 Nov 2018

NEW YORK Oil prices edged lower on Friday due to concerns of oversupply and a strong dollar but losses were limited by expectations that the Organization of the Petroleum Exporting Countries (OPEC) and Russia would agree some form of production cut next week. | Video

Equities fund Brenham Capital to shut as energy stocks plunge

30 Nov 2018

NEW YORK Brenham Capital Management LP, an energy equities fund manager with about $800 million in assets under management, will shut after two years of losses, its founder said in a letter to investors on Friday.

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