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Oil and Gas Oil and Gas Refining

  • Harvey's refinery disruptions remain fluid: Nasdaq's Tamar Essner

    Tamar Essner, Energy Director with Nasdaq Advisory Services, talks about the impact of Hurricane Harvey on oil production in the U.S.

  • *Rebels attack oil pipeline in Colombia. *Operations in Libya still affected by pipeline blockade. LONDON, Aug 29- Crude prices dipped on Tuesday as the market grappled with the shutdown of some 13 percent of refining capacity in the United States after a hurricane ripped through the heart of the country's oil industry.

  • *Rebels attack oil pipeline in Colombia. *Operations in Libya still affected by pipeline blockade. LONDON, Aug 29- Crude traded in a narrow but volatile range on Tuesday as the market grappled with the shutdown of some 13 percent of refining capacity in the United States, the world's largest oil consumer, after a hurricane ripped through the heart of its oil...

  • *Rebels attack oil pipeline in Colombia. *Operations in Libya still impacted by pipeline blockade. SINGAPORE, Aug 29- Flooding from tropical storm Harvey caused ongoing large-scale U.S. refinery outages on Tuesday, while crude prices rose on the back of supply disruptions in Colombia and Libya.

  • *Rebels attack oil pipeline in Colombia. *Operations in Libya still impacted by pipeline blockade. SINGAPORE, Aug 29- Flooding from tropical storm Harvey caused ongoing large-scale U.S. refinery outages on Tuesday, while crude prices rose on the back of supply disruptions in Colombia and Libya.

  • *Harvey brings heavy rainfall, flooding to U.S. Gulf coast. SINGAPORE, Aug 29- Flooding from tropical storm Harvey caused ongoing large-scale U.S. refinery outages on Tuesday, while crude prices rose on the back of supply disruptions in Colombia and Libya. Massive floods caused by Harvey forced several refineries to close along the U.S. Gulf Coast, while heavy...

  • *Rebels attack oil pipeline in Colombia. *Operations in Libya still impacted by pipeline blockade. SINGAPORE, Aug 29- Heavy rains from tropical storm Harvey caused large-scale U.S. refinery outages, pushing up gasoline prices, while crude prices rose in early Asian trade on Tuesday on the back of supply disruptions in Colombia and Libya.

  • *Rebels attack oil pipeline in Colombia. *Operations in Libya still impacted by pipeline blockade. SINGAPORE, Aug 29- Heavy rains from tropical storm Harvey caused large-scale U.S. refinery outages, pushing up gasoline prices, while crude prices rose in early Asian trade on Tuesday on the back of supply disruptions in Colombia and Libya.

  • U.S. Gulf Coast refiners will bounce back quickly, but the extent of flooding will determine the pace, says Matt Smith, director of commodity research, Clipper Data.

  • A gas pump is covered with an out of service message as fuel ran out ahead of Hurricane Harvey's arrival near the Texas coastal area, in Houston, Texas, August 25, 2017.

    Hurricane Harvey is causing oil refineries in Texas to shut down and this could cause gas prices to rise.

  • This is how long one energy expert thinks Texas refiners will be shut down following Harvey

    Robert Raymond, RCH Energy founder, discusses the chain reaction affecting oil refineries during Hurricane Harvey.

  • Hurricane Harvey disrupts energy

    The “Fast Money” traders discuss the selloff in the market during Hurricane Harvey affecting big energy refineries in Texas.

  • *Storm to dump more rain on Texas. Sources said the Motiva Port Arthur refinery in Texas, the country's largest refinery, was considering shutting down as water poured into the plant. "This flooding issue could be a persistent issue with the staff unable to repopulate the facilities," said John Kilduff, partner with energy hedge fund Again Capital in New York.

  • HOUSTON, Aug 28- U.S. fuel prices surged on Monday as two more Gulf Coast refiners cut output and a third considered reductions, leaving more than 13 percent of the country's refining capacity offline after Tropical Storm Harvey flooded plants and shut seaports. The storm swung back over the Gulf of Mexico on Monday and was expected to bring another 10 to 15 inches...

  • NEW YORK/ HOUSTON, Aug 27- Tropical Storm Harvey's effect is expected to ripple through Latin America after it shut in over 1 million barrels per day of U.S. gasoline and diesel exports typically destined for countries such as Mexico and Brazil. "Any hiccup in U.S. refined product exports is highly disruptive to the supply chain given the dependency of nations like...

  • *Kite Pharma soars after $11.9 bln deal with Gilead. NEW YORK, Aug 28- The S&P 500 and Dow ended little changed on Monday, with energy and bank shares lower as Tropical Storm Harvey crippled the U.S. energy hub in Texas, while tech and healthcare gave a light boost to the Nasdaq. Harvey, the most powerful hurricane to strike the southern U.S. state in more than 50 years when...

  • We are in the path of the storm: Patternson-UTI Energy CEO

    Andy Hendricks, Patterson-UTI Energy CEO, discusses the challenges his company's oil refineries face during Hurricane Harvey.

  • NEW YORK, Aug 28- Shares of U.S. home improvement retailers and oil refiners climbed on Monday as flooding from Tropical Storm Harvey in Houston, Texas, was likely to worsen in the fourth-largest U.S. city. Harvey, which made landfall late on Friday as the most powerful hurricane to hit Texas in more than 50 years, has killed at least two people. It has since hovered...

  • *Kite Pharma soars after $11.9 bln deal with Gilead. NEW YORK, Aug 28- Energy and bank shares weighed on the Dow and the S&P 500 on Monday as Tropical Storm Harvey crippled the U.S. energy hub in Texas. Harvey, the most powerful hurricane to strike the southern U.S. state in more than 50 years when it came ashore on Friday, dumped more rain on Houston on Monday, and the...

  • Tanker trucks enter the Marathon Petroleum Corp. refinery ahead of Hurricane Harvey in Texas City, Texas, on Friday, Aug. 25, 2017.

    Energy markets are closely watching for signs of damage at Gulf Coast refineries, many of which shut down over the weekend.