“In sum, while the U.S. remains the largest market for Canadian crude oil, the TMX pipeline has facilitated China’s rise as a major buyer of Canadian crude, enabled higher prices per barrel ...
Nearly all of Canada’s crude oil exports — about four million barrels a day — go to the United States. The Trans Mountain pipeline, which was bought by the federal government in 2018 and ...
Trans Mountain Corporation is exploring options to increase the capacity of its pipeline by up to 300,000 barrels per day, ...
which pumps nearly all of its crude oil to the US via a network of pipelines. Moreover, it would take some time for Canada to diversify its exports after decades of close trade ties cemented by ...
Crude oil futures resumed their rally Wednesday ... propelled by continued cold weather. Colonial Pipeline said it expects its main U.S. gasoline artery will remain shut through Friday as the ...
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Cheap cargoes and weak refining margins boosted China’s crude oil ...
Natural Resources Minister Jonathan Wilkinson said Thursday the country should weigh building a new west-east oil pipeline after President Donald Trump's threatened tariffs exposed what he's calling a ...
NEW YORK, Jan 31 (Reuters) - Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as those coming in from Mexico and Canada.
The global peak in oil production was reached in November ... NGLs are also not well-suited as a substitute for many of the uses that crude is used for. It is important to understand these ...
HOUSTON, Jan 15 (Reuters) - U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as exports rose and imports fell, the Energy ...
The U.S. Energy Information Administration revealed its latest U.S. crude oil production forecasts in ... by improving well productivity and added pipeline takeaway capacity,” it added.
There are different types of crude oil. The most important type of crude oil used in Europe is Brent Crude ... Shetland by an underwater pipeline. From there, the crude oil is transported by ...