Edition:
United States

Devika Krishna Kumar

Enbridge delays start of open season for bids on Mainline oil pipeline system -sources

3:30pm EDT

NEW YORK/CALGARY, Alberta, July 17 Enbridge Inc has delayed the start of an open season to solicit bids for contracted space on its Mainline oil pipeline system, North America's largest oil-shipping network, three market sources told Reuters.

Canada's struggling energy industry takes stock at annual Stampede party

Jul 12 2019

CALGARY, Alberta Frustration is palpable among Canadian energy executives who have flocked to the annual Calgary Stampede celebrations in Canada's oil capital this week, even though a recent pipeline approval gives them something to celebrate amid the rodeo competitions, corporate parties and pancake breakfasts.

EXCLUSIVE-Mexico's formula to execute annual oil hedge is ready -official

Jul 12 2019

By Anthony Esposito, Stefanie Eschenbacher and Devika Krishna Kumar

Exclusive: Mexico's formula to execute annual oil hedge is ready - official

Jul 12 2019

By Anthony Esposito, Stefanie Eschenbacher and Devika Krishna Kumar

Oil prices climb as U.S. equities rally, rig count drops

Jul 03 2019

NEW YORK Oil prices edged higher on Wednesday ahead of a U.S. holiday, after falling steeply a day earlier as worries about a slowing global economy outweighed a decision by OPEC and allies to extend crude output cuts.

U.S. crude to trickle onto new Gulf Coast lines as connections, storage opens: sources

Jul 02 2019

NEW YORK/HOUSTON A year-old bottleneck of crude in West Texas is shifting east as new pipelines prepare to begin operations without enough connections or storage for the smooth movement of shale oil to a U.S. Gulf Coast export hub, according to traders and analysts.

Mexico nearly ready with formula for billion-dollar oil hedge: official

Jun 28 2019

MEXICO CITY/NEW YORK Mexico has nearly finished reworking the formula it uses to hedge its oil production, a finance ministry official said on Friday, including changes to how it factors fuel oil prices into its export mix.

Oil prices fall, but post weekly gain ahead of G20 talks, OPEC

Jun 28 2019

NEW YORK Oil prices fell on Friday but posted their second straight week of gains ahead of trade talks between the U.S. and Chinese presidents this weekend, and on widely expected production cuts from OPEC on Monday.

Exclusive: Plains' Cactus II oil pipeline to begin line fill in a week - source

Jun 27 2019

NEW YORK Plains All American Pipeline LP's 670,000 barrel-per-day (bpd) Cactus II oil pipeline system from the Permian basin to the Corpus Christi, Texas area will commence line fill within a week, a source with direct knowledge of the matter said on Thursday.

UPDATE 8-U.S. oil prices soar 10% in the week on fears of U.S.-Iran conflict

Jun 21 2019

* U.S. gasoline futures soar after Philadelphia refinery fire

World News