Business Standard But the question is whether these gains are sustainable for India, especially in the light of the rise in oil prices. In the last financial year, India recorded a 6.7 per cent increase in crude oil import volumes, leading to its import value rising 8.4 ... and more »
Wall Street Journal (blog) This time the reason is a sharp, continued increase in U.S. production – predictions of severe changes in global oil flows are coming to pass. Indeed it is possible to see a point where imports of light sweet crude into the U.S. halt completely. At ... and more »
Motley Fool Those profits, however, could be at risk in light of the tragic railway disaster in Canada which involved crude oil being shipped by train. A Canadian Pacific train taking oil (Source: Flickr/roy.luck). The Lac Megantic disaster, which has caused the ... and more »
680 News The film — a portrayal of former environmental opponents of nuclear power who have seen the glowing green light , as it were — comes to Canada in the midst of a white-hot debate over fossil fuels, pipelines and oil -by-rail. Complete with harrowing ... and more »
Voice of America Almost the first oil that's being knocked out of the import kind of mix is by the booming shale is the kind of oil that Nigeria produces – this lig...
The Australian For now, they can absorb extra barrels of crude from inland fields: There still are about 250,000 to 300,000 barrels a day of light , sweet crude imports...
Press Herald Since 2011, oil shipments across Maine to New Brunswick have skyrocketed. The Montreal, Maine & Atlantic Railway and Pan Am Railways carry crude oil tha...
CNNMoney With U.S. oil production booming and pipelines operating at full capacity, the amount of oil shipped by rail car surged in the first six months of the yea...
Toronto Star Newly released NASA photos offer a stunning glimpse at the scale of the oil tanker explosion that devastated the small Quebec community of Lac-Mégantic ea...
FT Alphaville Second, they believe there is a very strong possibility that a lot of the oil that's stored at the WTI delivery point at Cushing is not necessarily made up of high-quality, low-sulfur, light crude oil — which is what is being demanded by the market ...