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Results 1 - 20 of 219 for "u:reuters.com" in Cushing, OK

  1. ICE's new Houston crude futures contract begins tradingRead the original story w/Photo

    22 min ago | Reuters

    Intercontinental Exchange Inc said its new Permian West Texas Intermediate crude oil futures contract deliverable in Houston, Texas, will begin trading on Monday. A screen displays the logo and ticker symbol for Intercontinental Exchange, Inc. on the floor of the New York Stock Exchange in New York City, U.S., November 3, 2016.

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  2. UPDATE 9-Oil up but posts weekly loss on stock build, trade tensionsRead the original story w/Photo

    Friday Oct 19 | Reuters

    Oil prices rose on Friday on signs of surging demand in China, the world's No. 2 oil consumer, although prices were headed for a second weekly decline on swelling U.S. inventories and concern that trade wars were curbing economic activity.

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  3. Rising U.S. shale exports turn WTI into 24-hour benchmark -CMERead the original story w/Photo

    Thursday Oct 18 | Reuters

    Rising U.S. crude oil exports to Europe and Asia have had a knock-on effect in the futures market, turning the U.S. West Texas Intermediate contract into a near-24 hour benchmark, exchange operator CME Group said. Owain Johnson, managing director for energy research and development at CME, said the shift has also led CME to introduce the first change to the quality of WTI crude since 1983, coming into force from January next year.

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  4. UPDATE 1-U.S. crude stockpiles rise for fourth straight week - EIARead the original story w/Photo

    Wednesday Oct 17 | Reuters

    U.S. crude oil stockpiles rose last week for the fourth straight week, led by a notable increase in inventories at the Cushing, Oklahoma, hub, while gasoline and distillate stocks fell, the Energy Information Administration said on Wednesday. Crude inventories rose 6.5 million barrels in the week to Oct. 12, nearly three times analysts' expectations for an increase of 2.2 million barrels.

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  5. UPDATE 10-Oil up; Iran, Saudi supply worries offset U.S. supply growthRead the original story w/Photo

    Tuesday Oct 16 | Reuters

    Oil prices edged up in cautious trade on Tuesday as expectations of higher U.S. shale output and inventories vied with worries that crude supply from the Middle East could be disrupted by looming U.S. sanctions on Iran and growing tensions with top exporter Saudi Arabia. U.S. Senator Lindsey Graham accused Saudi Crown Prince Mohammed bin Salman of ordering the murder of Saudi journalist Jamal Khashoggi and said the prince was jeopardizing relations with the United States.

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  6. UPDATE 1-U.S. crude oil stocks jump 8 million barrels last weekRead the original story w/Photo

    Wednesday Oct 3 | Reuters

    U.S. crude oil stockpiles rose by their most in a week since March 2017, driven in part by a build at the Cushing, Oklahoma, hub and a drop in exports, the Energy Information Administration said on Wednesday. FILE PHOTO: Crude oil storage tanks are seen at the oil hub in Cushing, Oklahoma, March 24, 2016.

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  7. UPDATE 1-U.S. crude oil shipments to China "totally stopped" amid trade war - shipping execRead the original story w/Photo

    Wednesday Oct 3 | Reuters

    U.S. crude oil shipments to China have "totally stopped", the President of China Merchants Energy Shipping Co said on Wednesday, as the trade war between the world's two biggest economies takes its toll on what was a fast growing businesses. FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016.

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  8. UPDATE 2-U.S. crude output reaches record 10.96 mln bpd in July -EIARead the original story w/Photo

    Friday Sep 28 | Reuters

    U.S. crude oil production rose 269,000 barrels per day to a record 10.964 million bpd in July, led by record output from Texas and North Dakota, the U.S. Energy Information Administration said in a monthly report on Friday. FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016.

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  9. Oil eases, but Iran sanctions keep Brent above $80 a barrelRead the original story w/Photo

    Wednesday Sep 26 | Reuters

    Oil prices eased on Wednesday after U.S. data showed a surprise build in domestic crude inventories, but an impending drop in Iranian exports kept Brent futures above $80 a barrel and on track for a fifth straight quarterly gain. A pumpjack brings oil to the surface in the Monterey Shale, California, U.S., April 29, 2013.

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  10. UPDATE 1-CME to launch oil futures for delivery in Houston as exports climbRead the original story w/Photo

    Monday Sep 24 | Reuters

    CME Group Inc on Monday joined the race to provide oil traders with a futures contract deliverable in the U.S. Gulf Coast, as crude exports have surged since the lifting of a decades-old ban. The company said it will offer a new WTI Houston crude futures contract with three physical delivery locations on the Enterprise Products Partners LP's Houston system, beginning in the fourth quarter.

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  11. U.S. oil producers lock-in 2019, 2020 revenue as prices rallyRead the original story w/Photo

    Sep 13, 2018 | Reuters

    U.S. shale producers are locking in prices for their production as much as three years into the future in a sign that strong domestic crude pricing is nearing a peak, according to market sources familiar with money flows. FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016.

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  12. UPDATE 1-U.S. crude stockpiles fall more than expected to below 400 mln bbls - EIARead the original story w/Photo

    Sep 12, 2018 | Reuters

    U.S. crude oil inventories fell more than expected last week to below 400 million barrels, while gasoline and distillate inventories rose as refiners ramped up production, the Energy Information Administration said on Wednesday. FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016.

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  13. UPDATE 7-Brent reaches $80 a barrel after U.S. crude stock drawRead the original story w/Photo

    Sep 12, 2018 | Reuters

    Oil futures rose on Wednesday, with Brent reaching $80 a barrel, after a larger-than-expected drop in U.S. crude inventories and as U.S. sanctions on Iran added to concerns over global oil supply. FILE PHOTO: Crude oil storage tanks are seen from above at the oil hub in Cushing, Oklahoma, March 24, 2016.

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  14. Oil nears $80 a barrel as concern grows over global supplyRead the original story w/Photo

    Sep 12, 2018 | Reuters

    Oil cut earlier losses and rose towards its highest level this year on Wednesday, after a drop in U.S. crude inventories and as the prospect of the loss of Iranian supply added to concerns over the delicate balance between consumption and production. FILE PHOTO: Crude oil storage tanks are seen from above at the oil hub in Cushing, Oklahoma, March 24, 2016.

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  15. Oil prices rise on lower U.S. crude inventories, looming Iran sanctionsRead the original story w/Photo

    Sep 11, 2018 | Reuters

    Oil prices rose on Wednesday after a report of a decline in U.S. crude inventories and looming sanctions against Iran raised expectations of tightening supply, while top producer Russia warned of a fragile global market. FILE PHOTO: Crude oil storage tanks are seen from above at the oil hub in Cushing, Oklahoma, March 24, 2016.

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  16. UPDATE 1-EIA cuts forecast for 2019 U.S. crude production growthRead the original story w/Photo

    Sep 11, 2018 | Reuters

    U.S. crude oil production in 2019 is expected to grow at a slower rate than previously forecast, according to a monthly U.S. government forecast on Tuesday. FILE PHOTO: Crude oil storage tanks are seen from above at the oil hub in Cushing, Oklahoma, March 24, 2016.

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  17. UPDATE 10-Crude pulls back on rising U.S. fuel stockpilesRead the original story w/Photo

    Sep 6, 2018 | Reuters

    Crude futures reversed course, falling more 1 percent on Thursday after U.S. data showed gasoline inventories rose unexpectedly last week, overshadowing a bullish drawdown in crude. FILE PHOTO: A worker walks by an oil well at the Toma South oil field to Heglig, in Ruweng State, South Sudan August 25, 2018.

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  18. Australia shares set to fall, NZ slipsRead the original story w/Photo

    Sep 4, 2018 | Reuters

    Australia shares will likely open lower on Wednesday, as energy stocks may feel the pinch of lower oil prices and investors brace for an escalation in the U.S.-China trade conflict. U.S. President Donald Trump has told aides he is ready to impose tariffs on $200 billion more in Chinese imports, while a stronger dollar and report of rising stockpiles at the Cushing, Oklahoma hub weighed on oil prices.

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  19. UPDATE 10-Oil steady ahead of Storm Gordon; weighed by dollar, Cushing buildRead the original story w/Photo

    Sep 4, 2018 | Reuters

    Oil prices were little changed on Tuesday, as energy infrastructure on the U.S. Gulf Coast braced for a hurricane, but gains were capped as a stronger dollar and report of rising stockpiles at the Cushing, Oklahoma hub weighed. FILE PHOTO: An oil tanker is seen at sunset anchored off the Fos-Lavera oil hub near Marseille, France, October 5, 2017.

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  20. Global Markets-Dollar climbs, emerging markets under pressureRead the original story w/Photo

    Sep 4, 2018 | Reuters

    Stocks fell in major markets around the world on Tuesday, and emerging markets currencies lost ground while the dollar rose as investors braced for an escalation in the U.S.-China trade conflict. Emerging markets stocks and currencies were under added pressure on concerns about inflation in Turkey and after data showed South Africa had slumped into recession in the second quarter.

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