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Saudi Arabia crude oil exports rise in October 2015

Official data showed that Saudi Arabia’s crude oil exports in October rose by 253,000 barrels per day from September to 7.364 million bpd. The oil exporting heavyweight maintained high output and pumped 10.276 million bpd in October, slightly higher than ...

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US is not opening the tap on crude oil exports

A planned deal to swap Mexican crude for lighter and more expensive US oil is just a drop in the bucket toward ending a 40 year ban. The US ban on crude oil exports isn’t going anywhere at least not ...

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Crude-Oil Exports to Canada Kept U.S. Gulf Coast Storage Hubs Below Capacity

Crude-oil exports to Canada provided a crucial relief valve for U.S. producers this year, according to a new report from data provider Genscape Inc. Almost 19 million barrels were shipped from the U.S. Gulf Coast to Canada’s eastern coast from ...

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U.S. must lift ban on crude oil exports

With America’s oil production increasing steadily, it is time to lift a ban on exports of crude oil. Only then will we be able to deal with the growing demand for oil and the economic and security challenges of the ...

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