Storage
Exploration & Production , Crude Oil , Storage
US Oil Production Decline in 2020 to Be Steeper Than Previously Expected
"Initial data show the global oil market rebalancing faster than EIA previously forecast," EIA Administrator Linda Capuano said in a statement.
Imports , Tankers , Storage
COLUMN: US Crude Stocks Swell as Saudi Tankers Unload
If the increase is a one-off, it won’t affect a market that is quickly rebalancing.
Crude Oil , International , Storage
Oil Minister: India Looks to Store Cheap Oil in US
India’s plan is similar to Australia’s.
Crude Oil , Storage
OPINION: US Oil Stocks Stabilize as Industry Adapts to Shock
Excess crude inventories are easing, with refined fuel stocks taking longer as consumption lags.
Crude Oil , Trade , Storage
US to Buy Up to 1 Million Barrels of Oil for Emergency Reserves
In late April, the Energy Department said nine companies including Chevron and Exxon Mobil had agreed to rent space to store 23 million barrels of crude.
Petrochemicals , Crude Oil , Storage
US Crude Oil Stockpiles Unexpectedly Drop for First Time Since January
Stocks in Cushing fell by 3 million barrels in the last week, the EIA said. The hub, coming into this week's data, is more than 80% full, as producers find themselves with fewer places to store oil.
Petrochemicals , Crude Oil , Shale Plays , Storage
Falling Diesel Use Makes US Oil Industry ‘Like the Snake Biting Its Own Tail’
William Thomas, CEO at EOG Resources Inc., said May 8 on an investor call that the "historic and prolific oil production growth by U.S. shale may have been forever altered."
Storage
Shell Midstream Offers Mars Sour Crude Storage
Offshore producers keep pumping as heavier crude outperforms light in the market.
Logistics , Water Management , Storage
Mobile Storage Option Provides Temporary Relief for Oil Producers
Select Energy Services helps ease pressure on market storage limitations for oil producers with modified above-ground storage tanks historically used for water storage.
Crude Oil , Storage , Pipelines
Enbridge Makes Deal to Store Canadian Crude in Mainline as Oil Glut Grows
Mainline pipeline moves about 3 MMbbl/d of western Canadian oil.