Remove Crude Oil Remove Government Remove Shutdown
article thumbnail

What is the Iraq-Turkey oil pipeline dispute and who's on the hook?

Energy Central

According to the federal government of Iraq, only SOMO, a state-owned marketing company, is authorized to oversee crude exports through Ceyhan.

Oil 64
article thumbnail

Weak refinery, export demand weakens prices for Midland crude along Texas coast

Oil & Gas 360º

Meanwhile, Permian-quality crude at the Magellan East Houston (MEH) terminal, the main price assessment point along the Gulf Coast, traded at a $1.31 crude futures. Net input of crude oil to refiners on average over 4 weeks to the last week was 15.5 premium to U.S. That compared to a $1.47 premium last year. million, 4.2%

Refinery 130
article thumbnail

Chevron’s Venezuela oil contractors continue work despite impending Trump deadline

Oil & Gas 360º

(World Oil) – Venezuelan oil contractors are continuing their work with Chevron Corp. and have not been warned of an impending shutdown despite a U.S. government deadline to stop producing oil there by early April. government.

Oil 130