[ad_1] The price of US crude has turned negative, reversing the trend as US President Donald Trump said he hopes there will be no reduction in oil production, after Saudi Arabia declared …
Read More »Cenovus plans to increase rail crude shipments
[ad_1] Canadian oil producer Cenovus Energy Inc. plans to further expand its crude oil rail transportation agreements on Canada's two major railways, its chief executive said Wednesday. Last month, Cenovus signed a …
Read More »UPDATE 1-S. South Korea Crude oil imports drop to the lowest since January 2015
[ad_1] (Adds detail, background) * Imports of 686,849 tons of Iranian crude oil in June compared to 1.15 million tons ago * Imports of H1 oil from Iran fell by 33.9 % …
Read More »This oil sands company became Canada's best stock on the uptrend crude oil
[ad_1] For any investor looking to take advantage of rising oil prices, there may have been no better way to play than MEG Energy Corp. Up to this year, the Canadian oil …
Read More »Canadian crude exports by rail peak in April, according to the NEB
[ad_1] The National Energy Board states that rail crude oil exports from Canada reached a record 193,500 barrels per day in April, up 13% from the previous month . Total oil shipments …
Read More »