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Oil edges higher but set for biggest weekly loss of 2019

1 day ago DieselGasoil Comments Off on Oil edges higher but set for biggest weekly loss of 2019
NEW YORK (Reuters) – Oil prices climbed 1 percent on Friday ahead of long U.S. and UK holiday weekends, but were on track for their biggest weekly drop of the year, pressured by rising inventories and worries about the global economy. FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Read More

U.S. House fails to pass disaster aid bill; second attempt likely next month

1 day ago DieselGasoil Comments Off on U.S. House fails to pass disaster aid bill; second attempt likely next month
WASHINGTON (Reuters) – The U.S. House of Representatives on Friday failed to pass a $19.1 billion disaster aid bill supported by President Donald Trump, but is expected to try again early next month. FILE PHOTO: Tom Geisler surveys damaged to his farm, following flooding in Winslow, outside Omaha, Nebraska, U.S., March 20, 2019. REUTERS/Humeyra Pamuk/File Read More

Shell Midstream Partners, L.P. Announces Proteus and Endymion Transports First Oil from Shell-operated Appomattox in the Gulf of Mexico

1 day ago DieselGasoil Comments Off on Shell Midstream Partners, L.P. Announces Proteus and Endymion Transports First Oil from Shell-operated Appomattox in the Gulf of Mexico
Houston, May 24, 2019 (GLOBE NEWSWIRE) — Shell Midstream Partners, L.P. (NYSE: SHLX) announced today that the systems owned by Proteus Oil Pipeline Company LLC (“Proteus”) and Endymion Oil Pipeline Company LLC (“Endymion”) increased volumes of crude oil from the startup of the Shell-operated Appomattox floating production system via the newly commissioned Mattox Pipeline (“Mattox”), Read More

Mississippi River closed at St. Louis due to flooding: U.S. Coast Guard

2 days ago DieselGasoil Comments Off on Mississippi River closed at St. Louis due to flooding: U.S. Coast Guard
CHICAGO (Reuters) – The U.S. Coast Guard said it has closed the Mississippi River near St. Louis to boat and barge traffic on Thursday for the second time this month due to high water and strong currents on the major shipping waterway. The river – a key transportation artery for shipments of grain, agricultural chemicals, Read More

Heavy rains limit operations at Oklahoma refinery, oil pipeline

2 days ago DieselGasoil Comments Off on Heavy rains limit operations at Oklahoma refinery, oil pipeline
(Reuters) – Heavy rains and storms slamming the central United States forced the closure of a HollyFrontier Corp refinery in Oklahoma and a portion of Tallgrass Energy LP’s crude oil pipeline on Thursday. Severe weather in the central United States has left three people dead on Thursday, local media said, as tornadoes raked across southwest Read More

HollyFrontier halts operations at Tulsa, Oklahoma refinery as rain hits region

2 days ago DieselGasoil Comments Off on HollyFrontier halts operations at Tulsa, Oklahoma refinery as rain hits region
(Reuters) – HollyFrontier on Thursday said it is temporarily shutting operations at its 155,300-barrel-per-day Tulsa, Oklahoma, refinery as a precaution due to high water, the latest headache due to bad weather in the region. Severe storms have brought heavy rain and rising floodwaters to Oklahoma this week, prompting the city of Tulsa to issue flood Read More

Analysis: US crude inventories jump on higher production, lower refinery runs

3 days ago DieselGasoil Comments Off on Analysis: US crude inventories jump on higher production, lower refinery runs
Highlights Cushing build helps to widen WTI/Brent spread Strong USGC, Midwest margins lure Canadian crude Refiners maximizing diesel (gasoil) output New York — US crude inventories climbed 4.74 million barrels last week to 476.78 million barrels, with higher production and lower refinery runs helping to offset a decline in imports, US Energy Information Administration data Read More

ALIMENTATION COUCHE-TARD AND CROSSAMERICA ANNOUNCE THE CLOSING OF THE FIRST TRANCHE IN A SERIES OF ASSET EXCHANGES

3 days ago DieselGasoil Comments Off on ALIMENTATION COUCHE-TARD AND CROSSAMERICA ANNOUNCE THE CLOSING OF THE FIRST TRANCHE IN A SERIES OF ASSET EXCHANGES
Allentown, May 22, 2019 (GLOBE NEWSWIRE) —                         ALIMENTATION COUCHE-TARD AND CROSSAMERICA ANNOUNCE THE CLOSING OF THE FIRST TRANCHE IN A SERIES OF ASSET EXCHANGES Alimentation Couche-Tard Inc. (“Couche-Tard”). has transferred to CrossAmerica 60 U.S. company-operated convenience and fuel retail stores (the “Circle K stores”) CrossAmerica has transferred to Couche-Tard 17 company-operated convenience and fuel Read More

U.S. garlic growers profit from trade war as most farmers struggle

5 days ago DieselGasoil Comments Off on U.S. garlic growers profit from trade war as most farmers struggle
GILROY, California (Reuters) – Unlike millions of other U.S. farmers, garlic growers are profiting from the trade war with China and have cheered President Donald Trump’s latest economic attack accordingly. Ken Christopher holds a garlic plant at Christopher Ranch in Gilroy, California, U.S., March 29, 2019. Picture taken March 29, 2019. REUTERS/Lucy Nicholson Sales of Read More