The Houston to Nederland, Texas, segment of Shell Pipeline's Houston to Houma, Louisiana, crude pipeline reversal project is open for shippers, a company spokeswoman said Wednesday. "The reversal is progressing on schedule, and the ...
Tags: Shell Pipeline, crude pipeline reversal project, crude
The Monday evening closure of a key North Sea Brent crude platform, the Cormorant Alpha (See story, 1307 GMT), has not had any marked impact on the key Dated Brent price benchmark assessment. The outright price of the Dated Brent ...
Tags: Dated Brent benchmark, crude oil, oil price
Tehran Times cited Mr Rostam Qasemi Oil minister of Iranian as saying that OPEC will hold an extraordinary meeting if oil prices come down below USD 100. Mr Qasemi said that''According to projections,oil prices will remain higher than ...
Tags: Opec, Mineral, cut production ceiling
Indian Times reported that Essar Oil, one of the key Indian clients of Iran, imported about 30% more oil from the nation in October compared with September and made rare purchases of Oriente grade from Ecuador. Essar has renewed its term ...
Tags: oil heating prices, crude oil futures, oil delivery, petroleum oil
The Chinese government's latest move to combat tax evasion by imposing a consumption tax on MTBE and aromatics is likely to raise gasoline blending costs and make imports of finished gasoline relatively more cost-effective, industry sources ...
Tags: Tax on MTBE, Gasoline, aromatics
The differentials spread between Angolan crude grades Cabinda and Dalia has reached its widest point in more than a year, as the market shuns the heavier Dalia in favor of the lighter, more popular Cabinda, market sources said Friday. On ...
In many of the world's crude reservoirs running out of sweet light crude, refineries increasingly are required to refine heavier sour crude oil that contains a larger amount of impurities, including significantly higher quantities of ...
Tags: News Update, Market View, filter