Tag: crude

Energy, Industry Focus Areas

Crude Closes Above $80 With Energy Crisis Boosting Demand

October 12, 2021

Via: Transport Topics

West Texas Intermediate crude closed above $80 a barrel for the first time since late 2014 as a growing power crisis from Europe to Asia boosts demand for oil ahead of winter. U.S. crude futures advanced 1.5% on Oct. 11 […]

Energy, Industry Focus Areas

Exxon Taps Strategic Oil Reserve After Ida Shuts Gulf Output

September 3, 2021

Via: Transport Topics

ExxonMobil Corp. is tapping the U.S. Strategic Petroleum Reserve to revive gasoline production in Louisiana after Hurricane Ida left much of the devastated state’s refining and oil production offline. Authorization to take 1.5 million barrels of crude from the government’s […]

Energy, Industry Focus Areas

Ten U.S. refineries emitted excessive cancer-causing benzene in 2019: report

February 6, 2020

Via: Reuters

The study is based on the first full year of data reported by U.S. refineries since a U.S. Environmental Protection Agency rule was implemented in 2018. The rule requires continuous monitoring of air pollutants around plants to protect nearby communities, […]