Prices - Crude Oil

Reopened Libyan Oil Ports Hope Foreign Staff Will Return To Boost Output

While Es Sider, Ras Lanuf and the port of Zueitina had been blockaded, Brega remained open with reduced capacity, Reuters reported. 


IEA: OPEC Output Cuts Under Scrutiny As Market Tightens

The IEA said the oil market would continue to tighten, stabilizing prices and depleting stocks, if OPEC and fellow oil producers were able to produce close to their promised limits.


US Army To Begin Environmental Study Of Dakota Pipeline

Reuters reported that on Jan. 16 and 17, 16 people were arrested for a number of offenses, including engaging in a riot and assault on a peace officer, bringing the total number of arrests to 603 since Aug. 10.


Russia Opens New Domestic Gas, Oil Pipelines

The Bovanenkovo-Ukhta 2 gas pipeline, which has the capacity to pump 263 million cubic meters per day, will feed supplies into export routes to northern Europe, Reuters said.


Activists Succeed In Consigning Projects To ‘Purgatory’

A BTU Analytics expert describes how environmental opposition in the Northeast creates pipelines to nowhere.


Report: North Dakota Oil Output To Drop Below 1 MMbbl/d

North Dakota's oil production will likely fall below 1 million barrels per day (MMbbl/d) by the end of January due to harsh winter weather and low oil prices, state regulators said on Jan. 13.


How Tillerson Would Influence U.S. Policy And Energy Markets

Former ExxonMobil CEO provided hints to the direction U.S. foreign policy will take during his Senate confirmation hearing.


PHMSA Passes Rule Boosting Safety On Oil, Refined Product Lines

The U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) said on Jan. 13 it has passed a rule to boost safety requirements on the country's oil and refined products pipelines.


China's December Crude Imports, Fuel Exports Hit Record

China's crude oil imports jumped to a record high in December as refiners stepped up purchases ahead of a possible OPEC deal to cut supply and bolster prices, and as more independent refiners won import permits, Reuters reported.


Russia Will Export 4 Million Tonnes Of Oil To Belarus In First-Quarter 2017

Russian oil exports to neighboring Belarus are expected to be 4 million tonnes in the first quarter of 2017, officials at Russia's pipeline monopoly Transneft said on Jan. 13, Reuters reported.


Oil Set For Weekly Fall On Doubts Over OPEC Cuts

Brent crude futures, the international benchmark for oil prices, were trading 60 cents down at $55.41/bbl by 6:20 a.m. CT (12:20 GMT) on Jan. 13. West Texas Intermediate crude fell by 58 cents to $52.43.


Sidley Austin: Exports, LNG Will Crank Up Natural Gas Prices

Law firm partners see Trump’s protectionist sound bites as potential threat.