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Top News In Tank Tiger Today - Breaking & Trending Today

Southeast braces for fuel price rises after pipeline shutdown

By Devika Krishna Kumar and Laila Kearney
NEW YORK (Reuters) - The southeastern United States will be the first to see price rises at the pumps due to the supply disruption caused by the shutdown of the country s top fuel pipeline network - and demand has already picked up as drivers fill their tanks, industry experts said on Sunday.
The attack forced Colonial Pipeline to shut down its entire system on Friday. Some smaller lines were restarted Sunday, but Colonial has given no timeline for the restart of its main pipelines.
The network ships more than 2.5 million barrels per day (bpd) of gasoline, diesel and jet fuel from the Gulf Coast to populous southeast and northeast states. ....

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Oil optimism unwinding market's mad dash for storage

5 Min Read
LONDON/NEW YORK/SINGAPORE (Reuters) - When the world economy slammed on the brakes last year, there was a rush to store a wave of unwanted crude and products, but rising prices and optimism about demand is spurring a swift unwinding of storage contracts.
FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo
At the end of February, the volume of refined products held on stationary tankers for over 10 days stood at 19.2 million barrels, down 77% from a peak of 84 million last May, IHS Markit estimates show. ....

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Oil optimism unwinding market's mad dash for storage - Netscape Money & Business

Oil optimism unwinding market's mad dash for storage - Netscape Money & Business
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

Mexico City , Distrito Federal , New York , United States , New York Mercantile Exchange , City Of , United Kingdom , Roslan Khasawneh , Kevin Wright , Bozorgmehr Sharafedin , Koustav Samanta , Jonathan Saul , Stephanie Kelly , Krien Van Beek , Jason Neely , Marianna Parraga , Ernie Barsamian , Energy Information Administration , York Mercantile Exchange , Organization Of The Petroleum Exporting Countries , Tank Storage Solutions In Rotterdam , Petroleum Exporting Countries , Northwestern Europe , Middle East , North America , Storage Solutions ,

Oil optimism unwinding market's mad dash for storage

Oil optimism unwinding market's mad dash for storage
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Oil optimism unwinding market's mad dash for storage | Hellenic Shipping News Worldwide

When the world economy slammed on the brakes last year, there was a rush to store a wave of unwanted crude and products, but rising prices and optimism about demand is spurring a swift unwinding of storage contracts. At the end of February, the volume of refined products held on stationary tankers for over 10 . ....

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