HOUSTON Oil prices fell more than 1% on Monday, erasing much of last week's gains and tumbling alongside U.S. stocks on uncertainty over a trade deal between the United States and China.
HOUSTON Oil prices rose on Monday, buoyed by an improved outlook for crude demand as better-than-expected U.S. jobs growth added to market hopes a preliminary U.S.-China trade deal would be reached this month.
WINNIPEG/HOUSTON Cleanup crews in Walsh County, North Dakota, are working to plug the Keystone pipeline after a 9,000-barrel oil leak this week, a state official said Friday, while crude shippers are searching for alternative means of getting needed supply.
HOUSTON Oil prices were mixed on Tuesday, paring earlier steep losses as investors focused on signs that U.S.-China trade tensions could ease next month and expectations that U.S. refined product stockpiles declined last week.
HOUSTON Carlyle Group LP's decision to abandon a Texas crude export project this month marked the start of a shake out among the nine deep water terminal proposals vying to export U.S. shale, said investors and analysts.
HOUSTON, Oct 29 Carlyle Group LP's
decision to abandon a Texas crude export project this month
marked the start of a shake out among the nine deep water
terminal proposals vying to export U.S. shale, said investors
LONDON/HOUSTON At least three tankers are on their way to Asia with U.S. oil cargoes after Washington gave temporary approval to wind down transactions with a Chinese shipping company that it sanctioned last month, according to data and shipping sources.
HOUSTON Oil rose about 2.5% on Wednesday after government data showed a surprise draw in U.S. crude stocks and as the prospect of deeper output cuts by OPEC and its allies offered support.
HOUSTON Carlyle Group said on Friday it had dropped out as a stakeholder in Lone Star Ports LLC, which proposed a $1 billion crude oil export terminal near Corpus Christi, Texas.