Tag: crude oil
USA – China: Trade War is Impacting The Oil Industry
The ongoing trade war with China is impacting many industries. Market volatility is being exacerbated by President Trump's pattern of vacillating between threats and...
U.S. Oil Demand On The Rise
The U.S. economy burned through an average of 20.46 million barrels of crude oil and related liquids each day last year. That was about...
American Oil Production Disappoints
U.S. oil production may be growing more slowly than everyone thinks.
In May American drillers pumped 10.442 million barrels a day, which is about 300,000...
Could Russia and US work together to regulate oil prices?
Russian President Vladimir Putin has suggested that Moscow and Washington cooperate to soothe the oil market.
Russia has partnered with OPEC and other producer nations...
Warning to residents after heating oil theft
RESIDENTS have been warned to be vigilant after oil was stolen from a house in Nercwys.
North Wales Police confirmed that a call was received...
Oil slick from sunken tanker in China trebles in size
Sanchi, an Iranian ship, went down off China’s east coast carrying nearly one million barrels of oil on 6th January 2018.
The spill from the...
Trafigura have signed agreement with Plains to boost US crude oil exports
Trafigura has signed a long-term agreement with Plains All American pipeline operator. The agreement is to ship 300,000 barrels per day of crude from...
OilFiredUp – Week in Review
Irving Oil to Acquire Whitegate Refinery
Irving Oil announced has reached an agreement with Houston-based energy, manufacturing and logistics company, Phillips 66, to acquire its...