crude oil

Business, Fuel

Oil Falls From Four-Month High on Concerns of Economic Slowdown

Oil Rig Al Seib/Los Angeles Times

Oil fell from its highest closing level in four months in New York as signs of a slowing global economy stirred concerns about fuel demand.

Grant Smith | Bloomberg News
March 22, 2019
Government, Business, Fuel

Oil Rises After OPEC Reaffirms Commitment to Production Cuts

Bloomberg News

Oil in New York rose to the highest level this year after OPEC and its partners agreed to go beyond their pledged supply curbs in the coming months.

Tsuyoshi Inajima and Alex Longley | Bloomberg News
March 19, 2019
Government, Business, Fuel

US Cuts Oil Production Forecast for First Time in Six Months

oil Brittany Sowacke/Bloomberg News

The U.S. government cut its oil production forecast for the first time in six months as drillers scale back in smaller shale plays and the U.S. Gulf of Mexico.

Stephen Cunningham | Bloomberg News
March 13, 2019
Government, Business, Fuel

Asia Remained Top US Oil Buyer in 2018 Despite China Trade Row

oil Simon Dawson/Bloomberg News

Asia more than doubled its intake of American crude oil last year even as Beijing and Washington were embroiled in a bitter trade war.

Sheela Tobben | Bloomberg News
March 7, 2019
Business, Fuel

Canadian Oil Industry Takes Fresh Hit With Key Pipeline Delay

Oil David Wilson/Flickr

Canada’s already beaten-down oil industry is facing a fresh setback as regulatory issues bog down another key pipeline project.

Kevin Orland | Bloomberg News
March 4, 2019
Government, Business, Fuel

Oil Imports at 23-Year-Low, Output Hits Another Record

Oil Rig Getty Images

The United States imported the least amount of crude oil on a weekly basis in 23 years, as OPEC-members Saudi Arabia and Venezuela cut their shipments to unusually low levels.

Jessica Summers | Bloomberg News
February 27, 2019
Government, Safety, Fuel, TCA

Bill to Reshape Colorado Oil, Gas Regulations Coming Soon, Democrats Say

fracking Fracking taking place in Colorado. (Matthew Staver/Bloomberg News)

Tighter rules on Colorado oil and gas development struck out at the ballot box in November and at the state Supreme Court in January. Now, Democrats, who control the Legislature, plan to introduce a sweeping bill to redefine the Colorado Oil & Gas Conservation Commission’s mission to emphasize public health and safety.

Conrad Swanson | The Gazette (Colorado Springs, Colo.)
February 25, 2019
Government, Business, Fuel

Crude Dragged Lower as US Production Hits Record

Crude Christophe Viseux/Bloomberg News

Oil declined for the first time in more than a week after U.S. government data showed an increase in crude stockpiles and production, and as the commodity tracked moves in the equity market.

Jessica Summers | Bloomberg News
February 21, 2019
Business, Technology, Fuel, Logistics

Alberta Expects $1.7 Billion Profit From Crude-by-Rail Operation

crude rail James MacDonald/Bloomberg News

Alberta is preparing a giant crude-by-rail operation to help its oil-sands producers cope with a pipeline crunch, and it expects a big profit from the venture.

Kevin Orland and Robert Tuttle | Bloomberg News
February 20, 2019
Business, Logistics

Venture Formed to Provide Bulk Liquids Storage, Logistics

Hartree Partners, a New York-based commodities trading firm, is forming a business to provide storage, terminaling and logistics services for producers of crude oil, refined petroleum products and other bulk liquids.

February 8, 2019

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