April 10, 2016 archive

Keystone Pipeline Back On Following Oil Leak

Oil is flowing again through the Keystone Pipeline, a week after 16,000 gallons of Canadian crude leaked into a South Dakota field. TransCanada Corp. began a controlled re-start Sunday after receiving approval from the Pipeline and Hazardous Materials …

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Oil Futures Post 8% Weekly Gain

Oil futures ended sharply higher Friday, boosted by expectations U.S. production will continue to decline, signs of solid underlying demand and some renewed optimism about the U.S. economy.
On the New York Mercantile Exchange, West Texas Intermediate …

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Nation’s Rig Count Tumbled by 7 while Oklahoma Added 2 in Past Week

Oklahoma’s oil and gas rig count increased by two in the past week to reach 63 while the nation’s count fell by 7, settling at 443, according to figures released by Baker Hughes Company of Houston, Texas. Oklahoma and New Mexico were the only two regio…

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