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Tag Archives: Crude

Nearly half of Iowa crude oil spill included, BNSF says

(Reuters) – Over the weekend, workers spilled nearly half of the crude near the Rock River in northwest Iowa after a freight train derailment on Friday, the BNSF Railway Co. said tankers from a freight train Crude oil is shown after a derailment along the Rock River south of Doon, Iowa, USA on June 22, 2018. Sioux County Sheriff's Office …

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Crude oil: Raw material perspective: oil for pain, nickel for muscle building

By Pritam Kumar Patnaik Crude oil prices remained extremely volatile this week. Prices started in the first few meters, helped by 17-month cuts by the major oil-producing countries, led by Saudi Arabia and Russia. The IEA (International Energy Agency) recently said that the restrictions imposed by oil cartel Opec and its partners have rebalanced global supply and demand for oil. …

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Oil traders are preparing to reduce Iranian crude oil to Trump sanctions

European refineries and trading houses were preparing to stem Iranian crude oil purchases after Washington imposed harsher sanctions on deliveries from Tehran than many expected in the energy industry. The Trump government has given buyers 180 days to reduce imports after withdrawing from a groundbreaking nuclear deal with world powers. Many of the traders and refineries who have spoken to …

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Brent crude oil rises by a sixth day as inventories sharpen due to strong demand

SINGAPORE (Reuters) – Brent crude rose on Tuesday around the sixth day, spending $ 75 per barrel, as expectations are rising that gasoline prices will rise while the US sanctions against Iran and OPEC can impose-guided production cuts persist. Oil pumps are seen at sunset outside Vaudoy-en-Brie near Paris, France, on April 23, 2018. REUTERS / Christian Hartmann Brent crude …

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Brent crude oil rises by a sixth day as inventories sharpen due to strong demand

SINGAPORE (Reuters) – Brent crude rose on Tuesday around the sixth day, spending $ 75 per barrel, as expectations are rising that gasoline prices will rise while the US sanctions against Iran and OPEC can impose-guided production cuts persist. Oil pumps are seen at sunset outside Vaudoy-en-Brie near Paris, France, on April 23, 2018. REUTERS / Christian Hartmann Brent crude …

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