Home / Tag Archives: Brent crude (page 18)

Tag Archives: Brent crude

Oil little changed ahead of US supply report

The Associated Press The price of oil was little changed below $103 barrel Thursday as traders awaited confirmation of a large rise in U.S. crude stockpiles. By early afternoon in Europe, benchmark crude for July delivery was down 4 cents to $102.68 a barrel in electronic trading on the New York Mercantile Exchange. On Wednesday, the Nymex contract dropped $1.39 ...

Read More »

Pipeline projects help shrink domestic oil discount

oil drums

By Adam Wilmoth, the Oklahoman  Crude oil stockpiles in Cushing are at their lowest levels in two years after new pipeline projects have begun moving oil more easily to refineries along the Gulf Coast. Despite the increased oil flow, the U.S. Energy Information Administration this week said the new pipelines — along with increasing domestic oil production — are expected to ...

Read More »