OSLO (Reuters) – Emergency response teams raced on Tuesday to prevent a Dutch freighter adrift in the North Sea from sinking and causing an oil spill off the coast of Norway after …
Read More »Dutch cargo ship adrift off Norway after dramatic crew rescue
OSLO (Reuters) – Emergency response teams raced on Tuesday to prevent a Dutch freighter adrift in the North Sea from sinking and causing an oil spill off the coast of Norway after …
Read More »Oil prices are under pressure after large gasoline accumulation
The American Petroleum Institute (API) on Tuesday reported a modest drop in crude oil inventories of 2.618 million barrels for the week ending April 2. Analysts had forecast a minor extraction of …
Read More »Saudi-led coalition authorizes four fuel ships to dock at Yemen’s Hodeidah port
DUBAI (Reuters) – The Saudi-led coalition has authorized the docking of four fuel ships in Yemen’s Red Sea port of Hodeidah, two sources familiar with the matter said, after the internationally recognized …
Read More »Unusual jump in gas prices puts $ 3 a gallon in sight
The prospect of summer drivers filling America’s roads is driving sharp increases in the price of gasoline, a sign of economic recovery and a boon for the pandemic-ravaged energy industry. Elevated by …
Read More »International Energy Agency says gasoline use will peak soon
Photo: Getty (fake images) The automotive industry is undergoing a sea change right now and Big oil you could start feeling like a stowaway very soon. the COVID-19 The pandemic has caused …
Read More »API surprises analysts with unexpected crude extraction
The American Petroleum Institute (API) on Tuesday reported a surprise draw on crude oil inventories of 1 million barrels for the week ending March 12. Analysts had forecast an inventory build of …
Read More »America prepares for expensive gasoline this summer
The United States could be on the cusp of a surge in gasoline prices and the price in some US states will rise as much as $ 4 a gallon, according to …
Read More »Oil prices rise despite another major crude buildup
A week after reporting a massive crude oil inventory build of more than 21 million barrels, the Energy Information Administration had another nasty surprise for inventory watchers: The authority reported an inventory …
Read More »Exclusive: Three US Ethanol Ships Heading to China – Sources
By Stephanie Kelly, Hallie Gu NEW YORK (Reuters) – Three ships carrying ethanol were heading to China from the U.S. Gulf coast, three commercial sources told Reuters on Monday, in a sign …
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