November 8, 2016 – Oil & Gas 360

Refined products pipe’s second disruption highlights the value pipelines bring to U.S. consumers Colonial Pipeline’s Line 1 resumed shipping gasoline on Sunday morning, after experiencing its second outage this year on October 31. The Colonial outage continues to highlight the importance of both the Colonial Pipeline system to East Coast markets and the need for flexibility and redundancy in the

Oil Surplus Makes Surprise Return Despite OPEC Cuts, IEA Says - Oil&Gas360

Managed Money Cuts Long Crude Position amid OPEC Disputes

November 8, 2016

Money managers have reduced their bullish crude oil bets due to disputes among OPEC members on how to implement the output ceiling agreed to in late September. Managers reduced their net long positions by 9% (28 million barrels) the week before November 1. According to Reuters, hedge funds ramped up their net long positions by 218 MMBO in the two

TSX Venture Healthcare Sector Weighted Down at Lunch by MCW Energy Group Limited (CDX:MCW:CA) Trading Lower by 7.94% on November 8

November 8, 2016

TSX Venture Healthcare Sector Weighted Down at Lunch by MCW Energy Group Limited (CDX:MCW:CA) Trading Lower by 7.94% on November 8

Earthstone Energy Transforms itself with “Up-C” Midland Transaction

November 8, 2016

Earthstone targets continued growth of operated asset base in the Permian basin Earthstone Energy, Inc. (ticker: ESTE) and Bold Energy III LLC, a portfolio company of EnCap Investments L.P., have entered into a definitive contribution agreement under which Earthstone will acquire all of the outstanding membership interests of Bold, inclusive of producing assets and undeveloped acreage, in an “Up-C” transaction, Earthstone

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