Storage - News

Natural Gas

US Natgas Futures Unchanged On Warmer Forecasts

Frigid conditions still expected for the end of January.

Reuters

Crude Oil

EIA: US Crude Oil Stockpiles Fall More Than Expected

On the East Coast, U.S. crude oil stockpiles fell to the lowest level since October 2014, the EIA said.

Reuters

Crude Oil

EIA: US Crude Oil Stocks Fall Less Than Expected

Crude oil stocks at the Cushing, Okla., delivery hub for U.S. crude futures rose 330,000 barrels, the Energy Information Administration said in its weekly report.

Reuters

Crude Oil

EIA: US Crude Stockpiles Flat; Products Build Sharply

Crude inventories in the U.S. rose by 7,000 barrels in the week to Dec. 28, compared with analyst expectations for a decrease of 3.1 million barrels, the EIA said in its report.

Reuters

Prices

OPEC Oil Output Posts Biggest Drop Since 2017

A Reuters survey suggests Saudi Arabia and some of its allies in OPEC acted unilaterally to bolster the market by limiting its oil output early as crude prices slid on the possibility of a new glut.

Reuters

Crude Oil

US Crude Inventories Dip Slightly: EIA

U.S. crude stocks fell modestly last week, while gasoline stocks increased more than expected, the Energy Information Administration said on Dec. 28.

Reuters

Pipelines

CorEnergy’s Richard Green Resigns As Executive Chairman

CorEnergy Infrastructure Trust Inc. said Dec. 17 that its executive chairman, Richard Green, has tendered his resignation from the board of directors of the company, effective January 1, 2019.

BusinessWire

Crude Oil

Oil Traders Eye Cushing Builds As Sunrise Startup Shifts Flows

Builds from the early startup of the Sunrise pipeline are expected to continue into 2019.

Reuters

Construction

USD Partners Contract Will Support New Pipeline Connection, More Storage Capacity At Casper Terminal

Three-year deal will support construction of an outbound connection to the Express Pipeline and a tank to facilitate blending.

Crude Oil

EIA: US Crude Oil Stockpiles Dip; Gasoline Builds

The EIA reported U.S. crude oil stockpiles fell by 1.2 million barrels in the week to Dec. 7, compared with analysts' expectations for a decrease of 3 million barrels.

Reuters

Acquisitions & Divestitures

Athabasca Oil Sells Alberta Thermal Oil Infrastructure To Enbridge

The C$265 million sale to Enbridge consists of Leismer pipelines and a Cheecham storage terminal serving the Leismer oil sands and Corner projects in Athabasca’s Alberta thermal oil business.

Crude Oil

EIA: US Turns Into Net Oil Exporter As Imports Fall

The EIA reported crude oil inventories fell 7.3 million barrels in the week to Nov. 30, which was the first drop in U.S. crude stocks since September and came as exports surged to a record.

Reuters

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