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Month: October 2016

Category:
  • USA

U.S. gasoline glut disappears as refiners tweak production: Kemp

U.S. gasoline stocks remain at record levels for the time of year but once they have been adjusted for record fuel consumption by U.S. motorists do not appear excessive. The Continue Reading

Posted On : 13 Oct 2016 Published By : Tom Whipple
Category:
  • Mexico

Mexico Seeks to Export Flagship Maya Crude to U.S. West Coast

Cargoes would be first in eight years amid Asian competition California refineries mainly buy from Saudi Arabia, Canada Mexico is targeting U.S. West Coast refineries to boost sales of its Continue Reading

Posted On : 13 Oct 2016 Published By : Tom Whipple
Category:
  • Brazil

Big Oil Prepares For Exploration Rush In Brazilian Pre-Salt

Around the world, governments continue to loosen their hold on oil and gas reserves. Just look at a slew of developments this week. Such as Russia finalizing a privatization plan Continue Reading

Posted On : 13 Oct 2016 Published By : Tom Whipple
Category:
  • India

Emerging Climate Accord Could Push A/C Out of Sweltering India’s Reach

A thrill goes down Lane 12, C Block, Kamalpur every time another working-class family brings home its first air-conditioner. Switched on for a few hours, usually to cool a room Continue Reading

Posted On : 13 Oct 2016 Published By : Tom Whipple
Category:
  • China

China goes on unexpected commodities binge even as concerns linger

China went on an unexpectedly big buying spree for crude oil, coal and iron ore last month, customs data showed on Thursday, even as Beijing cools its overheated property market Continue Reading

Posted On : 13 Oct 2016 Published By : Tom Whipple
Category:
  • China

Global Stocks Down After Weak China Export Data, Lower Oil

Stocks turned lower Thursday amid weak Chinese economic data and a downturn in the price of oil. The Stoxx Europe 600 fell 1% in the early minutes of trading, led Continue Reading

Posted On : 13 Oct 2016 Published By : Tom Whipple
Category:
  • China

China Crude Imports Rise to Record High as Storage Expanded

September shipments increase to 8.08 million barrels a day Zhoushan emergency reserve got two cargoes last month: ICIS China’s crude imports rose to a record as a new strategic reserve Continue Reading

Posted On : 13 Oct 2016 Published By : Tom Whipple
Category:
  • Canada

Canada says oil pipeline capacity lacking

Oil transportation from the Canadian market remains dependent in part on rail transport because of insufficient pipeline capacity, a federal report said. Canada last year was the fourth largest producer Continue Reading

Posted On : 13 Oct 2016 Published By : Tom Whipple
Category:
  • Shale Oil

Geology over technology: Bernstein warns of limits to shale production bonanza

Many of America’s oil and gas producers are expecting greater production returns from longer lateral lengths when they drill in unconventional plays. They could be in for a rude awakening, Continue Reading

Posted On : 13 Oct 2016 Published By : Tom Whipple
Category:
  • Canada
  • Pipelines

Canada-U.S. oil pipelines resume operations after activists halt flow

Five oil pipelines disrupted by environmental protesters were back up and running on Wednesday, although at least one of the lines that carry millions of barrels of crude from Canada Continue Reading

Posted On : 13 Oct 2016 Published By : Tom Whipple

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