September 2nd, 2010 at 10:38pm
Under Crude oil
Oil prices rise on economic reports
Oil prices ended higher on Thursday after an initial retreat as investors put a positive spin on reports about jobs, manufacturing and home sales.
Read more on Brisbane Times
Russian Oil Premium Vanishing on Refinery Cuts: Energy Markets
Russian crude’s unprecedented premium to North Sea Brent is vanishing as European refiners switch to higher-value blends and scale back purchases to protect their profits.
Read more on BusinessWeek
By Oilism.com
September 2nd, 2010 at 06:37am
Under Crude oil
Oil falls further below as Europe stocks slip
Oil prices slipped further below a barrel Thursday, struggling to hold on big gains the day before when an Asian and U.S. stock market rally buoyed investor confidence.
Read more on INO News
Oil hovers below as Asian stocks gain
Oil prices hovered below a barrel Thursday in Asia, consolidating a big gain the day before as an Asian and U.S. stock market rally buoyed investor confidence.
Read more on Seattle Times
Oil prices head higher on improved manufacturing
Oil prices sailed higher Wednesday as improvement in the manufacturing industry eased some fears about the strength of the global recovery.
Read more on AP via Yahoo! Finance
By Oilism.com
September 1st, 2010 at 06:38pm
Under Crude oil
Declining crude oil prices make their way to the pump
Declining crude oil prices in recent weeks continue to drive gas prices down as motorists get ready for the Labor Day weekend.
Read more on The Newark Post
Oil creeps above after big fall on weak demand
Oil prices rose above a barrel Wednesday after a steep drop the previous day amid evidence that U.S. crude supplies remain high and demand weak. By midday in Europe, benchmark crude for October delivery was up 66 cents to .58 a barrel in electronic trading on the New York Mercantile Exchange.
Read more on INO News
Oil creeps above after big fall on weak demand
Oil prices rose above a barrel Wednesday after a steep drop the previous day amid evidence that U.S. crude supplies remain high and demand weak. By midday in Europe, benchmark crude for October delivery was up 66 cents to .58 a barrel in electronic trading on the New York Mercantile Exchange.
Read more on The Indiana Gazette
By Oilism.com
September 1st, 2010 at 02:39pm
Under Crude oil
Oil prices drop as economy still looks shaky
Some of the economic news was a little better on Tuesday, but it was not enough to keep oil prices from dropping again. Benchmark crude for October delivery lost .78 to settle at .92 a barrel on the New York Mercantile Exchange. At the pump the national… New York Mercantile Exchange – Benchmark – Barrel – Business – Price of petroleum
Read more on San Francisco Chronicle
Commodities: Oil retreats ahead of economic data
LONDON (SHARECAST) – Crude oil futures fell on Monday as traders gear up for this week’s long line of economic data. Crude oil for October delivery settled 47 cents lower at .70 a barrel on the New York Mercantile Exchange.
Read more on ShareCast
Oil May Fall to If ‘Pivot High’ Holds: Technical Analysis
Crude oil may decline as low as a barrel in New York if prices remain capped by a “pivot high” at .47, according to technical analysis by Barclays Capital.
Read more on BusinessWeek
By Oilism.com
August 31st, 2010 at 02:38pm
Under Crude oil
Crude Oil Transportation Services Company
In light of the recent environmental problems plaguing the world, environmental tragedies like oil spills provide people with the shocking truth that man’s actions really have a great impact on the environment. Oil spills along bodies of water are capable of killing marine life as well as disrupting the marine ecosystems as well as the biological systems that are closely interrelated with the ocean. Tragedies like oil spills would have never occurred if people have given attention to oil field transportation. The question in people’s minds would be “where did it go wrong?”
To begin with, it is not a question of why people are transporting oil, but rather how they are transporting it. There is a need to transport oil since it is a very important commodity all over the world, and the safest way to transport it is through the sea (just imagine if it were carried by plane and the plane crashed). Crude oil, in order to be used must be transported from production sites to refineries. This is made possible by using different kinds of transportation modes. People are most familiar with sea transport of the oil. Crude oil is transported across great bodies of water using large tankers and barges.
Crude oil tankers usually stem from Crude oil transportation companies stationed in the countries of the Middle East, Africa, and Latin America. The tankers, which are required to have double hulls, then transport the crude oil to different refineries all over the world. Another type of tanker called the Product tanker then transports the refined products to terminals for shipment to refined oil retailers and companies.
Crude oil transportation companies take pride in having a set of durable and ocean-worthy ship tankers. Most tankers may vary in size. There may be small ones and big ones, but the bigger ones are the ships that usually carry and transport crude oil. Larger ships are used solely for this purpose since they minimize the cost to ship crude oil barrels. Smaller ships are for other general purposes and are usually the ones tasked to transport the refined product to its designated terminal destinations.
For international travel, the largest of the big ships are used. The tanker size in this case, may be dependent on the type of business transaction involved. The tanker’s length, not to mention its loaded depth, plays a key role. The company also needs to consider how big the loading and unloading ports are.
Another type of oil field transportation is the pipeline. Pipelines are used when the oil needs to travel over land (or under land for that matter). Other land transportation alternatives include the use of trains and trucks.
Indeed, oil field transportation is one of those tricky business endeavors since Crude oil transportation companies have the heavy task of transporting the oil and at the same time making sure that none of that oil leaks out. Transporting oil is a very meticulous and sensitive job that it makes contaminated soil transportation a walk in the park. But that’s another story.
Sarjeant, is a SEO content writer for Stranco, Inc providing Cost-effective quality services,Crude oil transportation companies, Waste water transportation disposal, Hazardous Chemical Transportation Services, Hazardous waste transportation services,oil field transportation, civil construction for private and public sector clients
By Oilism.com