Crude oil
EIA: Monthly Midwest crude imports surpass Gulf Coast for first time
In August, monthly US imports of crude oil coming into the Midwest (Petroleum Administrative Defense District (PADD) 2) exceeded imports of crude oil into the Gulf Coast (PADD 3) for the first time since the US Energy Information Administration began keeping records in 1981.
Oil shrugs off US fuel supply increase
LONDON (Reuters) — Oil rose on Thursday in a sign that investors are wary of pushing the market lower in response to an unexpectedly large rise in US stocks of refined products that has increased concern about the demand outlook.
EIA: US crude stockpiles slump, gasoline builds more than expected
(Reuters) — US crude oil stockpiles fell more than expected last week as refineries hiked output, but gasoline and distillate inventories posted surprisingly large builds, the Energy Information Administration said on Wednesday.
US DOT drops requirement for braking system on crude rail cars
NEW YORK (Reuters) — The US Department of Transportation has reversed a decision requiring crude oil rail tank cars to be fitted with an advanced breaking system designed to prevent fiery derailments.
Poland refiner buys another crude oil shipment from Gulf Coast
WARSAW (Reuters) — Poland’s second-largest oil refiner Grupa Lotos has bought a second crude oil shipment from the United States as part of a plan to reduce its reliance on Russian oil supplies, it said on Wednesday.
Oil edges further above $62, helped by expected fall in US stocks
LONDON (Reuters) — Oil edged further above $62/bbl on Tuesday, supported by strong demand, expectations of a drop in US crude inventories and an OPEC-led deal to extend oil output cuts.
Oil eases 1% on profit-taking as US output eyed
NEW YORK (Reuters) — Oil fell more than 1% on Monday on profit-taking as the market eyed signs of rising US production, though prices remained close to recent 2-yr highs thanks to last week's decision by OPEC and other producers to extend output cuts.
US judge orders oil-spill response plan for Dakota Access Pipeline
WASHINGTON (Reuters) — A federal judge ordered Energy Transfer Partners LP to coordinate with local tribes and the Army Corps of Engineers to create an oil-spill response plan for the controversial Dakota Access Pipeline by next April, a decision he said will allow oil to keep flowing and prevent spills.
Shell Midstream Partners to acquire additional assets from Shell
HOUSTON — Shell Midstream Partners, L.P. entered into a purchase and sale agreement to acquire from wholly owned subsidiaries of Shell a 100% interest in five products terminals and partial interest in two Gulf of Mexico corridor pipelines and in two strategic onshore pipelines for $825 MM.
US regulator raises concerns about weights on energy pipelines
CALGARY, Alberta/WASHINGTON (Reuters) — A US regulator's preliminary investigation into the biggest oil pipeline spill this year has raised a red flag that could trigger an extensive and costly inspection of tens of thousands of miles of underground energy lines.
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