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Results 1 - 20 of 171 for "u:reuters.com" in Cushing, OK

  1. UPDATE 8-Oil rises as Russia indicates open to cuts with OPECRead the original story w/Photo

    Thursday Nov 29 | Reuters

    Oil reversed course and rose as much as 2 percent on Thursday, after industry sources said Russia had accepted the need to cut production, together with OPEC ahead of its meeting next week. FILE PHOTO: Oil pumps are seen after sunset outside Vaudoy-en-Brie, near Paris, France November 14, 2018.

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  2. Oil rises after Russia leans towards output cutRead the original story w/Photo

    Thursday Nov 29 | Reuters

    Oil reversed course and rose as much as 3 percent on Thursday, after industry sources said Russia had accepted the need to cut production, together with OPEC ahead of its meeting next week. FILE PHOTO: Oil pumps are seen after sunset outside Vaudoy-en-Brie, near Paris, France November 14, 2018.

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  3. UPDATE 9-Oil breaks above $60/bbl, but doubts about growth curb gainsRead the original story w/Photo

    Monday Nov 26 | Reuters

    Oil prices rose about 3 percent on Monday, clawing back some of the previous session's steep losses, although gains where capped by uncertainty over global economic growth and further signs of increasing supply, including record Saudi production. FILE PHOTO: A oil pump is seen at sunset outside Scheibenhard, near Strasbourg, France, October 6, 2017 .

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  4. Oil rebounds after prior session's slide; glut worries persistRead the original story w/Photo

    Wednesday Nov 21 | Reuters

    Oil prices rose about $1 a barrel a barrel on Wednesday, bouncing from the lowest levels in months, after U.S. government data showed strong demand for refined fuel, but concerns remained over rising global crude supply. Brent crude LCOc1 futures gained 95 cents to settle at $63.48 a barrel, up 1.52 percent.

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  5. UPDATE 1-U.S. crude stockpiles rise more than forecast in ninth weekly build - EIARead the original story w/Photo

    Wednesday Nov 21 | Reuters

    U.S. crude oil stockpiles rose more than expected last week, building for the ninth consecutive week, while gasoline and distillate inventories fell, the Energy Information Administration said on Wednesday. FILE PHOTO: A pumpjack is shown outside Midland-Odessa area in the Permian basin in Texas, U.S., July 17, 2018.

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  6. UPDATE 9-Oil rebounds after previous session's slide, but glut worries persistRead the original story w/Photo

    Wednesday Nov 21 | Reuters

    Oil prices rose more than 1 percent on Wednesday, recovering from the lowest levels in months, after U.S. government data showed strong demand for gasoline and diesel, but gains were limited by concern over rising global crude supply. Brent crude LCOc1 futures rose 51 cents to $63.04 a barrel by 11:12 a.m. EST .

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  7. Risking Trump ire, OPEC builds case for oil supply cutRead the original story w/Photo

    Tuesday Nov 13 | Reuters

    OPEC built a case on Tuesday for cutting oil output when it meets next month, warning that a supply glut could emerge in 2019 as the world economy slows and rivals increase production more quickly than expected. 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. U.S. pipeline operators reap hefty profits from bottlenecks in TexasRead the original story w/Photo

    Nov 9, 2018 | Reuters

    Some of the biggest pipeline operators in the United States have supercharged earnings this year by buying deeply discounted shale in West Texas oilfields and selling it at a premium at Gulf Coast ports. These companies are taking advantage of extraordinary markdowns in West Texas where surging production and a lack of pipeline space sent the regional price for oil in late August $23 per barrel below the coastal price in Houston.

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  9. UPDATE 2-U.S. crude stocks rise for a sixth week, fuel draws down -EIARead the original story w/Photo

    Oct 31, 2018 | Reuters

    U.S. crude oil inventories climbed for a sixth straight week, but grew less than forecast last week, amid a drop in net imports and the government's sale of barrels from its reserve, while gasoline and distillate stocks drew down. Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016.

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  10. Oil prices fall as focus switches to oversupplyRead the original story w/Photo

    Oct 25, 2018 | Reuters

    Oil prices eased on Friday and were heading for a third weekly loss after Saudi Arabia's OPEC governor said the market could be heading into oversupply, as growth concerns took a hit with a slump in global equities this week. Brent crude futures were down 45 cents, or 0.6 percent, at $76.44 a barrel by 0140 GMT.

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  11. Oil settles higher as stock markets gain, Saudi signals interventionRead the original story w/Photo

    Oct 25, 2018 | Reuters

    Oil prices rose 1 percent on Thursday, following the U.S. stock market higher a day after Wall Street's biggest drop since 2011 and as Saudi Arabia's energy minister signaled major producers may have to intervene in crude markets to support prices. FILE PHOTO - An oil pump jack of Canadian group Vermilion Energy is pictured in Parentis-en-Born, France, October 13, 2017.

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  12. U.S. shale producers eye global pricing as exports surgeRead the original story w/Photo

    Oct 25, 2018 | Reuters

    Three years after a ban on crude oil exports was lifted, some U.S. shale producers are doing something they have never done before - lock in prices for their barrels that will find a home overseas. FILE PHOTO: Drill pipe is seen below a drilling rig on a lease owned by Oasis Petroleum in the Permian Basin near Wink, Texas U.S. August 22, 2018.

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

    Oct 22, 2018 | Reuters

    Intercontinental Exchange Inc said its new Permian West Texas Intermediate crude oil futures contract deliverable in Houston, Texas, will begin trading on Monday. The trade month will be December and the contract will be deliverable at Magellan Midstream Partners LP's East Houston terminal, ICE said in a statement.

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

    Oct 21, 2018 | 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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  15. UPDATE 9-Oil up but posts weekly loss on stock build, trade tensionsRead the original story w/Photo

    Oct 19, 2018 | 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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  16. Rising U.S. shale exports turn WTI into 24-hour benchmark -CMERead the original story w/Photo

    Oct 18, 2018 | 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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  17. UPDATE 1-U.S. crude stockpiles rise for fourth straight week - EIARead the original story w/Photo

    Oct 17, 2018 | 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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  18. UPDATE 10-Oil up; Iran, Saudi supply worries offset U.S. supply growthRead the original story w/Photo

    Oct 16, 2018 | 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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  19. UPDATE 1-U.S. crude oil stocks jump 8 million barrels last weekRead the original story w/Photo

    Oct 3, 2018 | 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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  20. UPDATE 1-U.S. crude oil shipments to China "totally stopped" amid trade war - shipping execRead the original story w/Photo

    Oct 3, 2018 | 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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