Reuters LONDON, Feb 4 – Tanker and barge shipments in and out of Europe’s biggest oil hub have been delayed by up to a week as four storage companies scramble to resume operations after cyber attacks, sources familiar with the matter said. Since the end of last week, storage company Oiltanking and oil trading firm Mabanaft, both owned by Germany’s
Reuters Last year, China replaced the United States as the No. 1 importer of oil from Venezuela, yet another front in the heated rivalry between Washington and Beijing. The United States had imposed sanctions on Venezuela’s state-owned oil company as part of a bid to topple that country’s socialist president, Nicolas Maduro. U.S. refineries stopped buying Venezuelan crude. Caracas’ ally
Tanks in Alberta filled up to a new record high of 37.11 million barrels of oil There is more oil in storage now than when Alberta mandated producer curtailments From O.Canada CALGARY – Canadian heavy oil prices are falling faster than global crude benchmarks as there is more oil in storage in Alberta now than six months ago when the
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