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Plains All American Pipeline LP and Plains Pipeline LP will pay more than $60 million in fines, damages, and reimbursement costs as part of a settlement with federal authorities over a 2015 spill in California that released more than 100,000 gallons of crude oil. Oil Buyer's Guide March 10, 2017 2 Today's Oil News Supply Oil traded below $50 a barrel after a surge in U.S. supply erased all gains over the past three months from an OPEC deal to cut output. Futures recovered 0.8 percent in New York, paring a slump of 7.6 percent in the past four sessions that pushed prices to the Oil Traders Seen Abandoning Ship By Serene Cheong and Dan Murtaugh, Bloomberg News OPEC’s decision to pump less is poised to deter some oil traders from hoarding crude at sea. The group’s pledge to cut output and ease a global glut has weakened a market structure known as contango that benefited traders who stocked crude on ships to be Read the latest Oil Prices headlines, all in one place, on NewsNow: the one-stop shop for news Latest world news from the energy sector. Our news analysis covers Fossil fuels, alternative energy and environmental developments. Detailed analysis of crude oil price movements and crude oil news which looks at geopolitics and technical advancements affecting the oil sector.
11 Mar 2020 Oil is on track for its biggest weekly decline since 2008 as the coronavirus pandemic wreaks havoc on fuel demand and threatens global
10 Mar 2020 Oil resumed its slide alongside equities after Saudi Arabia said it would raise its production capacity and the World Health Organization 11 Mar 2020 Saudi Arabia and Russia's price war is handing over a multi-billion dollar profit opportunity to the world's largest oil traders. 3 days ago Global oil consumption is in free-fall, heading for the biggest annual contraction in history, as more countries introduce uprecedented measures 2 days ago Sinochem International Oil (Singapore) on Monday sought crude for May-to-June delivery, company documentation seen by Bloomberg shows.
Plains All American Pipeline LP and Plains Pipeline LP will pay more than $60 million in fines, damages, and reimbursement costs as part of a settlement with federal authorities over a 2015 spill in California that released more than 100,000 gallons of crude oil.
NEW YORK CITY (Bloomberg) -- OPEC has lost what control of the oil market it ever had. The actions (or tweets) of three men — Presidents Donald Trump and Vladimir Putin and Crown Prince Mohammed Source: companies and Bloomberg News Some traders also profited from the so-called IMO2020 rules that force the world’s merchant shipping fleet to use fuel with a lower sulfur content. Bloomberg delivers business and markets news, data, analysis, and video to the world, featuring stories from Businessweek and Bloomberg News. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Bloomberg delivers business and markets news, data, analysis, and video to the world, featuring stories from Businessweek and Bloomberg News on everything pertaining to markets Latest world news from the energy sector. Our news analysis covers Fossil fuels, alternative energy and environmental developments. Find the latest news and analysis, headlines, blogs and videos about energy markets, gas, oil, coal, commodities, nuclear power from CNBC.com.
Oil Traders Seen Abandoning Ship By Serene Cheong and Dan Murtaugh, Bloomberg News OPEC’s decision to pump less is poised to deter some oil traders from hoarding crude at sea. The group’s pledge to cut output and ease a global glut has weakened a market structure known as contango that benefited traders who stocked crude on ships to be
Bloomberg delivers business and markets news, data, analysis, and video to the world, featuring stories from Businessweek and Bloomberg News on everything pertaining to markets
Source: companies and Bloomberg News Some traders also profited from the so-called IMO2020 rules that force the world’s merchant shipping fleet to use fuel with a lower sulfur content.
4 days ago The oil-price war between Saudi Arabia and Russia is set to unleash the biggest flood of crude ever seen, perhaps more than the world can WTI Crude Oil (Nymex). USD/bbl. Heating Oil (Nymex). USd/gal. 98.27, -5.30 Here's How the Oil Crash Is Hitting Emerging-Market Currencies. 3/17/2020. 1 day ago Saudi Arabia plans to boost oil exports even further from April to May, reaching a record of more than 10 million barrels a day as the kingdom
10 Mar 2020 Saudi Arabia ordered state-run oil producer Aramco to boost the kingdom's output capacity by 1 million barrels a day, the latest escalation in a