Emails show that Phase 2 includes a “vegetable-oil terminal” that will be relocated from the Port of Houston to the Alabo Wharf and “will include storage tanks and a deodorizer ... oil markets note ...

Mundkur Shyamprasad Kamath, managing director of MRPL, said that the agreement would enable the company to enhance its crude oil storage capacity, thereby mitigating risks associated with the ...

Stocks of oil at Cushing fell by 2.5 million barrels last week to about 20 million barrels, the lowest since October 2014.

Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions ...

The government had allocated Rs 5,000 crore in the budget estimates 2023-24 for filling up crude oil reserves. (Image/Reuters) India’s crude reserves in the three strategic caverns are currently ...

Storage tanks play a critical role in ensuring a stable supply chain for crude oil, refined products, and natural gas, serving the upstream, midstream, and downstream sectors of the oil and gas ...

Mr. Kamath said the agreement enables MRPL to enhance its crude oil storage capacity, thereby mitigating risks associated with the volatility of global crude oil markets. MRPL in a statement said ...

Kamath said the agreement would enable MRPL to enhance its crude oil storage capacity, thereby mitigating risks associated with the volatility of global crude oil markets. The collaboration ...

Additional pressure is also required to move the oil. At lower levels, it becomes more expensive for companies to get the remaining crude out of the tanks. Roofs of storage tanks also float on the ...

Crude oil stocks, not including the SPR, stood at 421.0 million barrels on December 13, according to the EIA. Image by Mst Khotaja Begum via iStock U.S. commercial crude oil inventories ...