heavy crude News

Overflowing Oil Tanks Have Traders Eyeing Rail Cars for Storage

Oil companies are turning to rail cars to stash the crude they can’t sell, as the world runs out of places to store a growing glut of cheap barrels. North American producers, refiners and traders are now looking to store …

Keystone Oil Pipeline Expected to Be Partially Restarted Early Next Week -Sources

NEW YORK — TC Energy Corp estimates the Keystone oil pipeline can be partially restarted anytime from Sunday to Tuesday, pending regulatory approval, after a more than 9,000-barrel leak in rural North Dakota, shippers on the line said on Thursday. …