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Oil Storage

Mar 28, 2015 at 14:43 | Source: CNBC
The Goldman Sachs note, published late last week, adds that while it believes "the new equilibrium price for oil is USD 65 a barrel for WTI [West Texas Intermediate] and USD 70 a barrel for Brent, the risks are skewed to the downside."
Mar 14, 2015 at 15:12 | Source: CNBC-TV18
Watch the interview of Amrita Sen, Chief Oil Analyst at Energy Aspects with Nayantara Rai on CNBC-TV18, in which she shared her readings and outlook on crude.
Feb 26, 2015 at 08:27 | Source: CNBC
The supply build isn't helped by an oil market that's in contango, or when the "spot" price is lower than the price of the future contract. That makes it more profitable for traders to stick their oil in storage to sell at a higher price later.
Feb 04, 2015 at 09:37 | Source: Moneycontrol.com
U.S. inventory numbers are growing at a pace of a million barrels a day, and there's no sign of its slowing down, said Morse, global head of commodities research for Citi. That, in turn, is causing storage space to run low, and oil prices will go down to accommodate finding more expensive storage, he said
Jul 21, 2014 at 16:09 | Source: PTI
According to a recent government order, the committee which was set up to look on the issue of allocating stake in the gas project to Shell, has recommended the proposal. APGDC earlier tied up with the GDF Suez LNG UK Ltd by offering 26 per cent stake in the project.
Jul 12, 2014 at 10:27 | Source: Moneycontrol.com
IL&FS Engineering and Construction Company has bagged an EPC contract from Indian Strategic Petroleum Reserve, Ministry of Petroleum and Natural Gas, Government of India, for laying of pipeline from land fall point, Mangalore Port to Magalore/ Padur Cavern via Intermediate Valve Station for storage of crude oil project.
Apr 21, 2014 at 17:52 | Source: PTI
The company operates the 5 million ton-a-year Kochi terminal at a sub-optimal 5 per cent of capacity because of a delay in laying of pipelines connecting the port to consumption centres in Karnataka and Tamil Nadu.
Feb 18, 2013 at 20:42 | Source: PTI
Six years after the USD 1 billion project was put in cold storage, state-owned Oil & Natural Gas Corp (ONGC) will by this month-end revive plans to set up a liquid gas (LNG) import terminal near its Mangalore refinery in Karnataka.
Jan 06, 2013 at 16:38 | Source: Reuters
Two people were killed by a fire at a fuel storage terminal of state-run Indian Oil Corp in Hazira in Gujarat on Saturday.
Jan 05, 2013 at 16:02 | Source: PTI
A major fire broken out today at storage tanks of Indian Oil Corporation's terminal at Hajira port here, fire brigade officials said.
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Commodities  

ICE Brent crude oil futures for January delivery settled almost three-quarters of a dollar lower at USD111.88 a barrel on Wednesday on expectations that demand will ease for the benchmark as a new pipeline extension bring more supplies to refiners in Texas from domestic-produced oil storage

5.58 PM Dec 5th 2013

MCX SHARE KHAN

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Wednesday on expectations that demand will ease for the benchmark as a new pipeline extension bring more supplies to refiners in Texas from domestic-produced oil storage facilities .

4.33 PM Dec 5th 2013

MCX SHARE KHAN

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Commodities  

ICE Brent crude oil futures for January delivery settled almost three-quarters of a dollar lower at USD111.88 a barrel on Wednesday on expectations that demand will ease for the benchmark as a new pipeline extension bring more supplies to refiners in Texas from domestic-produced oil storage

4.32 PM Dec 5th 2013

BHOLAA

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CRUDEOIL  

Supplies at Cushing, Oklahoma, the biggest U.S. oil-storage hub and the delivery point for WTI futures, climbed by 358,000 barrels for a second weekly gain, according to the EIA. Supplies are at the highest level in six weeks.

11.24 AM Oct 25th 2013

abhamcx

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CRUDEOIL  

U.S. crude oil inventories rose by a more than expected 4 million barrels in the week ending Oct. 11 and increased at the Cushing oil storage hub for the first time since the end of June, data from the U.S. Energy Information Administration showed on Monday.

4.46 PM Oct 22nd 2013

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Source:NDTV Profit - New Delhi: India will build its first strategic oil storage by January in an effort to insulate itself from supply disruptions, Oil Minister M Veerappa Moily has said. India, which is 79 per cent dependent on imports to meet its crude oil needs, is

11.35 AM Sep 29th 2013

Firstpost

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HPCL  

Source:FirstPost - New Delhi: India will build its first strategic oil storage by January in an effort to insulate itself from supply disruptions, Oil Minister M Veerappa Moily said today.India, which is 79 percent dependent on imports to meet its crude oil needs, is building underground storages

6.00 PM Sep 27th 2013

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Andhra Pradesh  

Source:FirstPost - New Delhi: India will build its first strategic oil storage by January in an effort to insulate itself from supply disruptions, Oil Minister M Veerappa Moily said today.India, which is 79 percent dependent on imports to meet its crude oil needs, is building underground storages

6.00 PM Sep 27th 2013

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NATURALGAS  

the location. No release of chemicals or fracturing fluid at two sites that previously reported releases. Anadarko Petroleum 675 of 5,800 operated wells and 20 out of 3,200 miles of pipeline shut as of Tuesday. Some wells expected to return to service on Wednesday, subject to access, infrastructure. Oil

11.26 PM Sep 20th 2013

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today`s major global event 3.30 pm(eur) revised gdp(q/q), 6.45 pm (u.s.)nonfarm employment change 8.30 pm (u.s.) factory orders 9.00 pm(u.s.) crude oil storage data

12.47 PM Mar 6th 2013

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Mar 14, 2015 at 02:33 | Source: FirstPost
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