Tag: crude

Domestic Crude Oil East: When The Levee Breaks

Floods in the Midwest repeatedly led to pipeline and crude-by-rail disruptions over the last few months. While domestic barge flows on the Mississippi were largely unaffected by the high water levels throughout April, the first cracks began to show in

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LNG Daily: Market Analysis

Incidents involving tankers in the Gulf of Oman sent Brent prices up more than 4 percent early Thursday, though markets cooled somewhat by the close. Oil prices closed at $61.33/bbl for Brent and $52.16/bbl for WTI.

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U.S. Import Report: Heavy Going

US crude oil imports are looking to close out May at a four-month high. An increase is to be expected from a seasonal perspective, given that refineries are ramping up crude inputs to meet summer gasoline demand.

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