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Brent crude oil increases to $62 a barrel

2015-02-17 01:00:00| Offshore Technology

The price of Brent crude oil increased to $62 a barrel today amid potential supply risk threats to Middle East.

Tags: oil increases crude brent

 

Crude Oil Bears Betting on Supply Glut Miss Market Rally: Energy

2015-02-16 10:47:24| Oil & Gas - Topix.net

Hedge funds and other money managers decreased net-long positions in West Texas Intermediate crude by 9.1 percent since Jan. 13, U.S. Commodity Futures Trading Commission data show. Futures climbed for a third week as companies including Apache Corp. and Total SA announced spending cuts.

Tags: market supply energy miss

 
 

How Correlated Are Crude Oil Prices To Finished Petroleum Products?

2015-02-16 02:22:48| Oil & Gas - Topix.net

Refineries turn crude oil into finished petroleum products like motor gasoline, diesel fuel, and jet fuel. Today, we are going to look at how closely four petroleum products track crude oil prices.

Tags: products prices oil finished

 

Train Carrying Crude Oil Derails in Ontario

2015-02-15 18:43:33| Railroads - Topix.net

A train carrying crude oil and operated by Canadian National Railway Co. derailed near the town of Timmins in northern Ontario just before midnight on Saturday, causing a fire but resulting in no reported injuries.

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Brent crude oil remains around $60 a barrel

2015-02-13 01:00:00| Offshore Technology

The price of Brent crude oil remained around $60 a barrel in Asia on Friday on reports of investment cuts by oil firms and a weak US dollar.

Tags: remains oil crude brent

 

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