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South Central U.S. Crude Oil News is an EIN News Service for energy industry professionals. Constantly updated news and information about South Central U.S. Energy.
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Latest South Central U.S. Crude Oil News

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  • Crude oil prices rise on declining inventories 19 Nov 2009 00:57 GMT
    ... U.S. Department of Energy, Sonja Elmquist/ MEDILL Week-to-week crude oil inventories are volatile but on average have ... Energy.  Oil futures inched upward. West Texas Intermediate crude for December delivery closed at ...

  • Crude Oil Rises a Third Day After Report Shows Lower Supplies 18 Nov 2009 16:18 GMT
    ... Nov. 18 (Bloomberg) -- Crude oil futures rose after a U.S. government report ... raised its fourth-quarter price forecast for West Texas Intermediate oil, the U.S. benchmark, to $77 ...

  • Oil Stock Valuations Increasing-and Not Just From Higher Crude Oil Prices 25 Nov 2009 21:29 GMT
    ... I have noticed valuations in the junior oil sector creeping ... wells in the Haynesville-Lower Boissier shale in Louisiana. It shows the average IP rate of a well there ...

  • MarketSpotlight - El Paso, Texas 18 Nov 2009 04:32 GMT
    ... El Paso has had a long history of population booms, ... It is the fifth largest city in Texas and the metro area holds more than ... of only two cities west of the Mississippi River to have the Empowerment Zone program. ...

  • MarketSpotlight - Dallas, Texas 18 Nov 2009 04:32 GMT
    ... Dallas and the petroleum industry have been linked since ... financial center of the oil industry for Texas and Oklahoma. Many businesses and corporation began moving to ...

  • US Cash Crude - Grades up in pre-holiday rush 20 Nov 2009 22:35 GMT
    ... HOUSTON, Nov 20 (Reuters) - U.S. cash crudes ... to finish monthly slates before Thanksgiving. Light Louisiana Sweet rose 35 cents to $2.00 a barrel over West Texas Intermediate. Mars sour gained 45 cents to ...

  • OIL FUTURES: Crude Rises Near $80; Market Awaits EIA Data 18 Nov 2009 06:37 GMT
    ... SINGAPORE (MarketWatch) -- Crude oil futures rose Wednesday, moving closer to the ... $79 a barrel, while its long-term West Texas Intermediate crude oil forecast increased to $80 ...

  • MARKET WATCH: Crude price climbs; gas declines 18 Nov 2009 19:34 GMT
    ... -- Crude prices continued climbing Nov. 17 despite a ... the storm disrupted oil imports through the Louisiana Offshore Oil Port (LOOP) during 5 days ... $79.72/bbl. On the US spot market, West Texas Intermediate at Cushing, Okla., was up 24¢ ...

  • End financial engineering of natural gas 18 Nov 2009 19:55 GMT
    ... Published on Wednesday, Nov. 18, 2009 1:24PM EST ... one or two benchmarks such as West Texas Intermediate at the NYMEX or Brent Crude ... States, including the benchmark Henry Hub in Louisiana. Turning back the clock on financial engineering ...

  • UNL: A Better Natural Gas ETF than UNG? 19 Nov 2009 19:50 GMT
    ... U.S. Commodity Funds, the issuer behind ultra-popular commodity ETPs ... of natural gas delivered at Henry Hub, Louisiana, as measured by the changes in average ... closely tracked the spot prices of West Texas Intermediate (WTI) crude oil (although it still ...

  • Oil Fluctuates Amid Speculation US Supplies Will Rebound 18 Nov 2009 20:16 GMT
    ... Nov. 18 (Bloomberg) -- Oil rose above $80 a barrel ... diesel, also declined. “There were draws in crude oil, gasoline and distillates, so the initial numbers ... raised its fourth-quarter price forecast for West Texas Intermediate oil, the U.S. benchmark, to $77 ...

  • A new benchmark for oil? 19 Nov 2009 20:36 GMT
    ... Saudi Arabia's new method of pricing oil bound for ... end 15 years of pricing against West Texas Intermediate, the reigning light, sweet benchmark. The ... part on chronic oil gluts at Cushing, Oklahoma, the landlocked delivery site for WTI, which ...

  • MARKET WATCH: Crude price falls, gas price rises 20 Nov 2009 19:01 GMT
    ... MARKET WATCH: Crude price falls, gas price rises -- ... with such a pattern, and unless West Texas Intermediate is brought today above $80/bbl, we ... to fully replace all of the Iranian crude oil exports, we would not want to price ...

  • MARKET WATCH: Crude rallies, gas price falls 19 Nov 2009 20:36 GMT
    ... -- Crude prices increased for the third consecutive session ... re-creation of a wider contango on West Texas Intermediate.” He noted, “US refinery runs remain ... side. Economic data continues to be mixed; crude oil futures prices continue to be strong at ...

  • WTI lower in afternoon trade; most metals see gains 18 Nov 2009 20:34 GMT
    ... WTI lower in afternoon trade; most metals see gains Crude oil prices were lower in early afternoon trade ... in New York, December contracts for West Texas Intermediate crude were down 38 cents to ...


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