Americas
US crude extends rally to $58, first time since 2015
LONDON (Reuters) — Oil extended gains on Wednesday, with US crude hitting $58/bbl for the first time since July 2015 as a major pipeline cut Canadian crude flows to the United States, where inventories are expected to have fallen further.
S.Dakota regulators say they could revoke Keystone permit after spill
WASHINGTON (Reuters) — South Dakota regulators said on Tuesday they could revoke TransCanada Corp's permit to operate the Keystone crude oil pipeline in the state if an initial probe into last week's spill finds the company violated its license.
Indian Oil Corp studies renewed Venezuelan crude purchases
NEW DELHI (Reuters) — Indian Oil Corp is considering buying Venezuelan crude for the first time in at least 6 yr, in a move that could help the crisis-struck South American nation settle unpaid bills with another state-owned Indian energy firm.
Venezuela arrests head of US refiner Citgo in graft sweep
CARACAS (Reuters) — Venezuelan authorities arrested the acting president of its US-based refiner Citgo and five of the subsidiary's top executives on Tuesday as part of a spiraling corruption purge in the OPEC country's oil industry.
First phase of CITGO Aruba Refinery camp almost complete
SAN NICOLAS, Aruba — The first phase of an envisioned 1,500-bed man camp that will house workers needed to support the CITGO Aruba Refinery refurbishment project on the island is almost complete.
Shell Canada, Syncrude cut synthetic crude volumes
CALGARY, Alberta (Reuters) — Shell Canada, a unit of Royal Dutch Shell, has warned customers synthetic crude volumes from its 255,000-bpd Scotford, Alberta, upgrader may be reduced in November and potentially December, trading sources said on Monday.
TransCanada starts excavation work after South Dakota pipeline leak
(Reuters) — Canada Corp has started initial excavation work at the site of an oil spill on its Keystone pipeline in South Dakota but has not yet pinpointed where the leak came from, a state official said on Monday.
As Venezuela pumps below OPEC target, oil rivals begin filling gap
HOUSTON/DUBAI (Reuters) — As Venezuela's dilapidated energy sector struggles to pump enough crude oil to meet the country's OPEC output target, rival producers have started to plug the gap, according to OPEC and industry sources and US government data.
Brazil police make arrests in investigation of Petrobras subsidiary
RIO DE JANEIRO/SAO PAULO (Reuters) — Brazilian police detained six people as part of an investigation into suspected bribery at a unit of state oil company Petroleo Brasileiro SA, prosecutors said on Tuesday, in the latest development in a corruption scandal.
Oil eases as traders and investors grow edgy ahead of OPEC
LONDON (Reuters) — Oil eased on Monday, as traders were wary of betting too heavily on which way prices might move ahead of an OPEC meeting next week, when the exporter group is expected to decide whether to continue output cuts aimed at propping up prices.
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