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U S Rig Count Rises In Volatile Week For Oil oilprice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilprice.com Daily Mail and Mail on Sunday newspapers.
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Check out some of the most-viewed downstream-related articles on Rigzone from the past week.
A dramatic swing occurred at a major U.S. Gulf Coast port facility during the first two months of 2021. Read about it, along with other recent developments, in this review of popular downstream-related articles on Rigzone from last week.
The Louisiana Offshore Oil Port (LOOP) set a record in January in terms of loading domestic crude onto supertankers bound for ports in Asia. February was another story, however. For the first time in nearly two years, LOOP exported no crude last month, Bloomberg reported. An analyst interviewed by the news agency pointed out that crude inventories in Asia, particularly China, are high. In addition, he noted that China’s refineries are nearing their maintenance season.