Oil demand is 'absolutely soaring' and the price will rise, analyst warns – CNBC


CNBC
Oil demand is ‘absolutely soaring’ and the price will rise, analyst warns
CNBC
As the market wrestles with the fallout from Hurricane Harvey, the storm that that struck the coast of Texas on Friday causing widespread damage and flooding, at least one analyst says the wider picture for oil is for prices to grind higher. The cost
The Upcoming Oil Price ReboundOilPrice.com
History Says The Rest Of 2017 Will See Higher Oil PricesSeeking Alpha
Crude Oil Prices Break Range Support, Gold May Fall on US DataDailyFX
UPI.com –Economic Calendar –MarketWatch
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Gasoline jumps, oil slips as Harvey slams Texas refinery center – Chicago Tribune


Chicago Tribune
Gasoline jumps, oil slips as Harvey slams Texas refinery center
Chicago Tribune
An estimated 300,000 to 500,000 barrels a day of Eagle Ford oil output has been shut, according to the Texas Railroad Commission. At the same time, about 22 percent, or 378,600 barrels a day, of Gulf of Mexico oil production is offline. Other
Harvey swamps Texas oil industryPolitico
Harvey effect: Gas surges, oil dropsThe Mercury News
US: Hurricane Harvey’s Toll on Texas EnergySTRATFOR
Chron.com –Financial Times
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South Texas oil and gas drillers' shares drop as Harvey forces field closures – CNBC


CNBC
South Texas oil and gas drillers’ shares drop as Harvey forces field closures
CNBC
Shares of oil and gas drillers focused on the Eagle Ford basin in South Texas fell on Monday. Some of the drillers pulled crews out of fields and ceased operations as Tropical Storm Harvey brought high winds, torrential rain and devastating floods to
South Texas oil and gas drillers slammed as Harvey forces field closuresSeeking Alpha

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Harvey swamps Texas oil industry – Politico


Politico
Harvey swamps Texas oil industry
Politico
The hole that Hurricane Harvey ripped across the energy industry along the Gulf Coast will take time to repair, and the Trump administration doesn’t look ready to tap into the government’s crude oil reserves to head off a jump in gasoline prices. As
10 oil refineries in Texas have been shut down because of Hurricane HarveyBusiness Insider
Gasoline Jumps, Oil Slips as Harvey Slams Texas Refinery CenterBloomberg
Harvey could have deep impact on Texas oil, US economyThe Spokesman-Review
whnt.com –Barron’s
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GOLDMAN: Harvey's damage to America's oil industry could last several months – Business Insider


Business Insider
GOLDMAN: Harvey’s damage to America’s oil industry could last several months
Business Insider
Hurricane Harvey on Friday slammed the epicenter of Texas‘ refining industry, which processes about a third of America’s oil. Companies including Exxon Mobil and Valero Energy have shut down their facilities in the area and evacuated workers. Goldman …

and more »

New Russian Oil Fracking Technology Could Be 20 Times More Productive than Conventional Fracking – Ship & Bunker

New Russian Oil Fracking Technology Could Be 20 Times More Productive than Conventional Fracking
Ship & Bunker
Russia’s news agency RIA Novosti stated that a technology for thermo-chemical gas fracturing has been developed that could increase oil production by between 1.7 and 6 times; unlike hydraulic fracturing, thermo-chemical creates chemical reactions in

Oil Prices Fall Despite Shutdowns Of Major Libyan Oil Fields – OilPrice.com


Bloomberg
Oil Prices Fall Despite Shutdowns Of Major Libyan Oil Fields
OilPrice.com
A blockade of pipelines at the hands of armed militants has shut down production at three Libyan oil fields, including the biggest one, Sharara. Sharara stopped pumping oil a week ago, after a militant group seized control of the pipeline that feeds
Two more Libyan oil fields disrupted | TradeWindsTradeWinds (subscription)
Libya’s Oil Disruptions Widen as Two More Fields Halt OutputBloomberg
Libya’s Zawiya oil refinery operating at half capacity due to Sharara outage: sourceReuters
Libyan Express –Financial Tribune
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Gasoline futures hit two-year high, oil prices sink as market assesses Harvey's impact – CNBC


CNBC
Gasoline futures hit two-year high, oil prices sink as market assesses Harvey’s impact
CNBC
U.S. gasoline futures prices rose to a more than two-year high at their peak on Monday, after Tropical Storm Harvey caused severe flooding in the Houston area. Refineries along the Gulf Coast shut down, and analysts feared workers would not be able to …
Why oil prices are sinking as gasoline soars after HarveyMarketWatch
Goldman: US Oil Sector Could Take Months To Heal From HarveyOilPrice.com
How Hurricane Harvey Could Actually Be Bad News For Oil PriceDailyFX
Financial Times –Chicago Tribune –FX Empire
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History Says The Rest Of 2017 Will See Higher Oil Prices – Seeking Alpha


Seeking Alpha
History Says The Rest Of 2017 Will See Higher Oil Prices
Seeking Alpha
There are notable exceptions however, particularly (as my data will show), and almost exclusively, when inventories are falling relative to the 5-year average. Inventories for the rest of 2017 should continue to draw relative to the 5-year average
Do These Benchmarks Signal An Oil Price Spike? | OilPrice.comOilPrice.com
Oil Prices Take a Hit as Hurricane Harvey Slams TexasBarron’s
Oil settles at 1-month low as storm Harvey fuels worries over excess crude suppliesMarketWatch
DailyFX –Khaleej Times –FX Empire
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Gas Prices Spike As Harvey Shuts Down Gulf Coast Refineries – OilPrice.com


CNNMoney
Gas Prices Spike As Harvey Shuts Down Gulf Coast Refineries
OilPrice.com
Among the plants being shut down was Exxon’s 560,500-bpd facility in Baytown – the second-largest oil refinery in the U.S. after Port Arthur. Shell also started shutting down its Deer Park facility, which has a capacity of 340,000 bpd, and Phillips 66
Harvey Sinks Oil Prices, Stocks, & ETFs, Sends Gas Prices HigherNasdaq
What Hurricane Harvey will mean for gas pricesCNNMoney
Here’s how much Hurricane Harvey is driving up gas pricesUSA TODAY
CNBC –Benzinga –cleveland.com
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US crude prices sink 2.7%, settling at $46.57, as Harvey hits US refiners – CNBC


CNBC
US crude prices sink 2.7%, settling at $46.57, as Harvey hits US refiners
CNBC
U.S. crude oil futures nearly 3 percent on Monday, but gasoline prices surged to two-year highs as Tropical Storm Harvey kept hammering the U.S. Gulf Coast, knocking out several refineries which backed up crude supplies and disrupted fuel production.
Hurricane Harvey Damage Pushes Gas Prices to a Two-Year HighFortune

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Gasoline Surges, Oil Steady as Harvey Shuts Texas Refineries – Bloomberg


Bloomberg
Gasoline Surges, Oil Steady as Harvey Shuts Texas Refineries
Bloomberg
An estimated 300,000 to 500,000 barrels a day of Eagle Ford oil output has been shut, according to the Texas Railroad Commission. About 22 percent, or 378,600 barrels a day of Gulf of Mexico oil production is offline, according to the Bureau of Safety
Economy goes under waterAlbany Times Union
State urges Texas residents to watch for oil spills during Hurricane HarveyChron.com
More evacuations as Hurricane Harvey bears down on TexasPittsburgh Post-Gazette

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10 refineries close as Harvey drenches Texas energy hub – CNNMoney


CNNMoney
10 refineries close as Harvey drenches Texas energy hub
CNNMoney
Tropical Storm Harvey is tearing through one of the nation’s most important energy hubs. Throughout the Gulf Coast, key refineries and production facilities have been forced to close. Rain and flooding are continuing to wreak havoc on Houston and the …
Harvey could have deep impact on Texas oil, US economyKTRE
Gasoline Surges, Oil Steady as Harvey Shuts Texas RefineriesBloomberg
Hurricane Harvey closes key oil and gas facilities in TexasCNBC

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