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MARKET WATCH: Crude oil benchmarks end week with price drop

Jan 14, 2019 What's New

The light, sweet crude oil price for February dropped $1/bbl on the New York market Jan 11 while Brent crude settled more than $1/bbl lower on London’s Intercontinental Exchange. Price declines by the benchmarks...

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Phillips 66, partners to develop ACE Pipeline system

Jan 14, 2019 What's New

Phillips 66 Partners, Harvest Midstream Co., and PBF Logistics LP plan to jointly develop the ACE Pipeline system to provide crude oil transportation service from the market hub in St. James, La., to downstream...

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Baker Hughes: Canada gains 108 rigs for the week

Jan 11, 2019 What's New

Canada has added 108 rigs for the week ended Jan. 11, according to Baker...

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MARKET WATCH: Crude oil benchmarks continue gaining on production cuts

Jan 11, 2019 What's New

The light, sweet crude oil price for February rose for a ninth consecutive day...

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PA panel sees ‘statewide concern’ with pipeline corrosion after ME1 leak

Jan 9, 2019 What's New

Investigators at the Public Utility Commission blamed corrosion for a leak of...

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Baker Hughes: International rig count rises 34 units in December

Jan 9, 2019 What's New

The international rig count for December reached 1,025, up 34 units from the...

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EIA: US crude inventories down 1.7 million bbl

Jan 9, 2019 What's New

US crude oil inventories for the week ended Jan. 4, excluding the Strategic...

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