Energy Update

You are here

Home » Global Read

High freight rates limit strengthening of West African crude prices

Platts editors shed some light on what impact recent changes in Suezmax and VLCC freight rates have had on the WAF crude oil market.

East Africa to focus on oil infrastructure; eyes commodity exchange

East Africa's nascent oil sector could be about to take some significant strides forward as several countries in the region make developing regional oil infrastructure a strategic priority.

GLOBAL MARKETS-Dollar off recent peaks; stocks rise

* World shares see first rise in 5 days as Wall Street rallies

TSB leads rise in UK stocks as Sabadell makes takeover bid

LONDON, March 12 (Reuters) - UK shares rose on Thursday, led by domestic bank TSB after it received a takeover offer, and by drugs group AstraZeneca on optimism about key trial results.

UPDATE 2-Bank of Canada economist signals Fed hike may not be matched

OTTAWA, March 12 (Reuters) - Do not count on the Bank of Canada to match possible interest rate hikes by the U.S. Federal Reserve, one of the Canadian central bank's economists suggested on Thursday.

UPDATE 2-CN Rail says some oil product spills in Manitoba derailment

March 12 (Reuters) - Thirteen cars on a Canadian National Railway Co train went off the tracks in rural Manitoba on Wednesday night and spilled some petroleum product on the ground in the company's third derailment in a week.

UPDATE 2-Snam looks to boost European role with $5.4 bln gas grid upgrade

MILAN, March 12 (Reuters) - Italian gas company Snam will spend more than 5 billion euros over the next four years to upgrade its grid as it looks to play a leading role in Europe's plans to make gas supplies more secure.

TSB leads rise in UK stocks as Sabadell makes takeover bid

LONDON, March 12 (Reuters) - UK shares rose on Thursday, led by domestic bank TSB after it received a takeover offer, and by drugs group AstraZeneca on optimism about key trial results.

CORRECTED-UPDATE 1-Blueknight raises storage rates at Cushing hub amid cheap crude - CEO

HOUSTON, March 11 (Reuters) - Blueknight Energy Partners LP has increased storage rates and lengthened contracts at the key U.S. oil hub in Cushing, Oklahoma, which is expected to reach full capacity in the next two months due to cheap crude supplies.

GLOBAL MARKETS-Dollar off recent peaks; stocks, Brent up

* U.S. stocks gain, powered by bank shares (Updates to U.S.

Pages

GET IN TOUCH

  • 1875 I Street NW, International Square, 
       Washington, District Of Columbia, 20006
  • Phone: +1 (888) 317-3839
  • Email: info@mglllc.com

About

Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.

Photos