Crude Oil Storage

Source: Reuters

U.S. crude oil inventories decrease by 2.0 million barrels

Weekly Crude Oil Storage as of September 25, 2020

 

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 2.0 million barrels from the previous week. At 492.4 million barrels, U.S. crude oil …

Source: Reuters

U.S. crude oil inventories decrease by 1.6 million barrels

Weekly Crude Oil Storage as of September 18, 2020

 

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 1.6 million barrels from the previous week. At 494.4 million barrels, U.S. crude oil …

India tops up strategic reserves with cheaper crude, saves over $685M

India tops up strategic reserves with cheaper crude, saves over $685M

Energyworld


It bought crude oil at an average price of $19 per barrel to fill its reserves in April and May when prices reached an all-time low while the US oil touched negative price levels in futures market.

New Delhi: …

September 23, 2020 - 8:00 am Crude Oil News, Crude Oil Storage, International
Cushing® Asset Management and Swank Capital Announce Constituent Changes to The Cushing® MLP High Income Index

Cushing® Asset Management and Swank Capital Announce Constituent Changes to The Cushing® MLP High Income Index

360 Feed Wire


Cushing® Asset Management, LP, and Swank Capital, LLC, announce two upcoming interim changes to constituents of The Cushing® MLP High Income Index (the “Index”), as follows:

On July 26, 2020, Index constituent CNX Midstream …

September 20, 2020 - 6:19 am Crude Oil News, Crude Oil Storage, Press Releases
Source: Reuters

U.S. crude oil inventories decrease by 4.4 million barrels

Weekly Crude Oil Storage as of September 11, 2020

 

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 4.4 million barrels from the previous week. At 496.0 million barrels, U.S. crude oil …

Iran launches phase 1 of Qeshm oil export terminal with 3.24 mn bl

Iran launches phase 1 of Qeshm oil export terminal with 3.24 mn bl

Argus


Dubai, 13 September (Argus) — Iranian president Hassan Rohani has inaugurated the first phase of a new oil export terminal on Iran’s Qeshm island, at the mouth of the Gulf of Oman.

The Direstan terminal is being built on …

September 13, 2020 - 1:51 pm Crude Oil News, Crude Oil Storage, International
Source: Reuters

U.S. crude oil inventories increase by 2.0 million barrels

Weekly Crude Oil Storage as of September 4, 2020

 

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 2.0 million barrels from the previous week. At 500.4 million barrels, U.S. crude oil …

Source: Reuters

Second wave of floating storage triggered by ailing oil market

Reuters


LONDON  – A stalled global economic recovery from the coronavirus pandemic is leading to a fresh build-up of global oil supplies, pushing traders including Trafigura to book tankers to store millions of barrels of crude oil and refined fuels …

Eni seeks US clearance to transfer Venezuelan oil – from a repurposed tanker that has been tethered for 10 years

Eni seeks US clearance to transfer Venezuelan oil – from a repurposed tanker that has been tethered for 10 years

Argus


Oil & Gas 360 Publishers Note: As this is a decommissioned tanker that has been repurposed for storage, and it is an example of a larger problem that is lurking on the horizon. It is not clear how many

Source: Reuters

U.S. crude oil inventories decrease by 9.4 million barrels

Weekly Crude Oil Storage as of August 28, 2020

 

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 9.4 million barrels from the previous week. At 498.4 million barrels, U.S. crude oil …

Source: Reuters

U.S. crude oil inventories decrease by 4.7 million barrels

Weekly Crude Oil Storage as of August 21, 2020

 

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 4.7 million barrels from the previous week. At 507.8 million barrels, U.S. crude oil …

360 Digital Closing Bell 8-24-2020

360 Digital Closing Bell 8-24-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. The best 8 min summary of the energy markets. We had a guest apperance by Aaron Vanderford, President, EnerCom.

 

Michael covers the week in

Source: Reuters

U.S. crude oil inventories decrease by 1.6 million barrels

Weekly Crude Oil Storage as of August 14, 2020

 

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 4.5 million barrels from the previous week. At 512.5 million barrels, U.S. crude oil …

Source: Reuters

U.S. crude oil inventories decrease by 4.5 million barrels

Weekly Crude Oil Storage as of August 7, 2020

 

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 4.5 million barrels from the previous week. At 514.1 million barrels, U.S. crude oil …

360 Digital Closing Bell 8-10-2020

360 Digital Closing Bell 8-10-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. The best 8 min summary of the energy markets. There are big names presenting at The Oil & Gas Conference., check it out for

360 Digital Closing Bell 8-6-2020

360 Digital Closing Bell 8-6-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. The best 8 min summary of the energy markets. There are big names presenting at The Oil & Gas Conference., check it out for

360 Digital Closing Bell 8-5-2020

360 Digital Closing Bell 8-5-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. The best 8 min summary of the energy markets. There are big names presenting at The Oil & Gas Conference., check it out for

Matterhorn Spirit - Built in 2005

US crude cargo to Saudi Arabia – That’s something you don’t see everyday.

Argus


Houston, 5 August (Argus) — The US has sent what appears to be its first ever crude cargo to key Opec producer Saudi Arabia, according to the US Census Bureau.

A 550,000 bl cargo left the US Gulf coast …

Source: Reuters

U.S. crude oil inventories decrease by 7.4 million barrels

Weekly Crude Oil Storage as of July 31, 2020

 

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 7.4 million barrels from the previous week. At 518.6 million barrels, U.S. crude oil …

360 Digital Closing Bell 8-4-2020

360 Digital Closing Bell 8-4-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. The best 8 min summary of the energy markets. There are big names presenting at The Oil & Gas Conference., check it out for

360 Digital Closing Bell 8-3-2020

360 Digital Closing Bell 8-3-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. The best 8 min summary of the energy markets. There are big names presenting at The Oil & Gas Conference., check it out for

360 Digital Closing Bell 7-31-2020

360 Digital Closing Bell 7-31-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. The best 8 min summary of the energy markets. There are big names presenting at The Oil & Gas Conference., check it out for

360 Digital Closing Bell 7-30-2020

360 Digital Closing Bell 7-30-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. The best 8 min summary of the energy markets. There are big names presenting at The Oil & Gas Conference., check it out for

360 Digital Closing Bell 7-29-2020

360 Digital Closing Bell 7-29-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. The best 8 min summary of the energy markets. There are big names presenting at The Oil & Gas Conference., check it out for

Source: Reuters

U.S. crude oil inventories decrease by 10.6 million barrels

Weekly Crude Oil Storage as of July 24, 2020

 

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 10.6 million barrels from the previous week. At 526.0 million barrels, U.S. crude oil …

360 Digital Closing Bell 7-28-2020

360 Digital Closing Bell 7-28-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. The best 8 min summary of the energy markets. We have a special guest: Aaron Fandeford, President, EnerCom, and we talk about the big names

360 Digital Closing Bell 7-27-2020

360 Digital Closing Bell 7-27-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. The best 8 min summary of the energy markets.

 

Michael covers the highlights for the day and talking about the deep impact on the

360 Digital Closing Bell 7-24-2020

360 Digital Closing Bell 7-24-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. The best 8 min summary of the energy markets.

 

Michael covers the highlights for the day and talking about the deep impact on the

Oil Profitability Around the World – or – What is the cost to keep their social programs running?

Oil Profitability Around the World – or – What is the cost to keep their social programs running?

RarePetro


Oil & Gas 360 Publishers Note: This is an outstanding piece from Kevin about world oil costs and what the countries need to make in order to keep up with their social programs. We have been covering this topic,

360 Digital Closing Bell 7-23-2020

360 Digital Closing Bell 7-23-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. The best 8 min summary of the energy markets.

 

Michael covers the highlights for the day and surprises us with some technical difficulties. The