news pos

News: Cushing Oklahoma 1/9 Get this full text Feed RSS news rss subscribe to your facebook timeline, notizie rss iscriviti alla tua facebook timeline

Cushing Oklahoma - Albany Nears Oil-Hub Status as 100-Car Trains Jam Port

bloomberg.com

Albany Nears Oil-Hub Status as 100-Car Trains Jam Port

bloomberg.com2014-07-24 07:09:17Cache

Albany, New York’s capital city, may join the ranks of U.S. energy hubs such as Houston and Cushing, Oklahoma, as oil-terminal operator Global Partners LP (GLP) pushes an expansion plan after already quadrupling its capacity. For the last two years, more oil from the Bakken shale formation has rolled 1,800 miles (2,900 kilometers) by rail across North Dakota and around the Great Lakes to Albany.

Albany Nears Oil-Hub Status as 100-Car Trains Jam Port

bloomberg.com

Albany Nears Oil-Hub Status as 100-Car Trains Jam Port

bloomberg.com2014-07-24 07:09:17Cache

Albany, New York’s capital city, may join the ranks of U.S. energy hubs such as Houston and Cushing, Oklahoma, as oil-terminal operator Global Partners LP (GLP) pushes an expansion plan after already quadrupling its capacity. For the last two years, more oil from the Bakken shale formation has rolled 1,800 miles (2,900 kilometers) by rail across North Dakota and around the Great Lakes to Albany.

U.S. Oil Futures Rise on Falling Cushing Inventories

bloomberg.com2014-07-23 19:51:50Cache

West Texas Intermediate crude rose after a government report showed stockpiles dropped at Cushing, Oklahoma, the contract’s delivery point. Gasoline futures fell to the lowest level in almost five months after supplies gained. Cushing supplies fell by 1.45 million barrels to 18.8 million last week, according to the Energy Information Administration. The decline left stockpiles at the lowest level since November 2008. Gasoline inventories increased 3.38 million barrels to 217.

WTI, Brent Set for Third Weekly Drop as Supply Risks Ease

bloomberg.com2014-07-11 14:15:16Cache

West Texas Intermediate and Brent crudes headed for their third weekly declines as supply risks eased in Iraq and Libya while stockpiles rose at Cushing, Oklahoma, the U.S. benchmark’s delivery point. WTI is poised for the longest run of weekly retreats since November. Kurdish forces took over the Bai Hassan and Kirkuk oilfields today, Iraq’s Oil Ministry said in a statement. Libya’s supply rose as the Sharara field resumed output and two oil-export terminals reopened.

WTI Slips for Ninth Day After Supplies Advance at Cushing

bloomberg.com2014-07-09 18:56:37Cache

West Texas Intermediate oil fell for a ninth day, the longest stretch of declines since 2009, after supplies rose at Cushing, Oklahoma, the contract’s delivery point. Gasoline slipped to a one-month low. Cushing stockpiles rose by 447,000 barrels to 20.9 million last week, Energy Information Administration data showed. Gasoline inventories increased 579,000 barrels to 214.3 million as demand slipped. Brent fell to a one-month low amid signs Libyan oil exports will gain.

Construction of Seaway Crude Oil Pipeline Loop (Twin) Completed

marketwired.com2014-07-03 13:33:17Cache

HOUSTON, TEXAS and CALGARY, ALBERTA--(Marketwired - July 3, 2014) - Enterprise Products Partners L.P. (NYSE:EPD) and Enbridge Inc. (TSX:ENB)(NYSE:ENB) announced today that the 512-mile Seaway Pipeline system loop (twin) pipeline from Cushing, Oklahoma, to the Jones Creek storage and terminal facility near Freeport, Texas, is mechanically complete. The new 30-inch Seaway Loop (Twin) Pipeline is expected to more than double the capacity of the Seaway system to 850,000 BPD.

Construction of Seaway Crude Oil Pipeline Loop Completed

businesswire.com2014-07-03 13:33:14Cache

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE:EPD) and Enbridge Inc. (NYSE/TSX:ENB) announced today that the 512-mile loop of the Seaway Pipeline system from Cushing, Oklahoma, to the Jones Creek storage and terminal facility near Freeport, Texas, is mechanically complete. The new 30-inch Seaway Loop Pipeline is expected to more than double the capacity of ...

Enterprise Products plans Bakken-to-Cushing pipeline

reuters.com2014-06-24 16:56:40Cache

BISMARCK, North Dakota, June 24 Tue Jun 24, 2014 5:32pm BST BISMARCK, North Dakota, June 24 (Reuters) - Enterprise Products Partners LP said on Tuesday it would build a 1,200-mile pipeline from North Dakota's Bakken oil fields to Cushing, Oklahoma. The pipeline, Enterprise's first in North Dakota, would help transport more of the state's crude oil to Cushing, a key gathering and distribution hub for oil produced around the United States.

WTI Crude Gains With Cushing Stockpiles at Five-Year Low

bloomberg.com2014-06-11 16:44:59Cache

West Texas Intermediate crude advanced as U.S. inventories decreased more than expected last week and supplies declined at Cushing, Oklahoma. WTI rose for the third time in four days as total stockpiles fell 2.6 million in the week ended June 6, exceeding the median forecast of 2 million in a Bloomberg survey of analysts. Supplies at Cushing, the delivery point for WTI futures, dropped for the 18th time in 19 weeks.

WTI Crude Declines a Second Day After Discount to Brent Narrows

bloomberg.com2014-06-05 00:17:13Cache

West Texas Intermediate oil dropped for a second day. WTI’s discount to Brent in London narrowed to the smallest gap in seven weeks. Futures fell as much as 0.4 percent in New York. U.S. crude supplies shrank by 3.43 million barrels last week as stockpiles at Cushing, Oklahoma, the delivery point for WTI, slid the 17th time in 18 weeks, the Energy Information Administration said yesterday.