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US Crude Oil Production Dropped in April

2020-06-30 20:00:00| OGI

The data suggests that oil production dropped off in April after crude prices had plummeted amid a supply glut and lack of demand due to the coronavirus pandemic.

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Empire Pipeline Buys Louisiana Crude Oil Terminal from Shell

2020-06-26 21:45:00| OGI

Though specific terms of the transaction were not disclosed, Empire Pipeline said in a statement on June 25 it acquired the Gibson termianl from affiliates of Royal Dutch Shell.

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US Crude Oil Stockpiles Hit Record High For Third Week

2020-06-24 21:00:00| OGI

Crude oil inventories also hit another record high on the U.S. Gulf Coast, where the bulk of the nation's refining capacity is located.

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US Crude Oil Stockpiles Surge to Record High on Big Saudi Imports

2020-06-10 19:35:00| OGI

Crude oil inventories rose 5.7 million barrels in the week to June 5 to 538.1 million barrels, most in history, not including the U.S. strategic reserves, EIA data showed.

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First US Crude Oil Shipment Heads to Belarus, Pompeo Says

2020-05-15 23:30:00| OGI

The first shipment of U.S. crude oil is heading to Belarus this week, fulfilling a commitment made in February, U.S. Secretary of State Mike Pompeo said.

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