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 Platts News: Latest Oil Headlines from Platts.com
  • Deepwater USGulf Keathley cluster draws multiple bids in MMS sale - New Orleans (Platts) -- 20Aug2008 -- Oil companies eager to acquire leases in the Western Gulf of Mexico have focused on a cluster of blocks in the deep waters of Keathley Canyon and Garden Banks, with five companies targeting each of three...
  • NYMEX crude rallies to $116/b led by resurgent distillate markets - New York (Platts) -- 20Aug2008 -- NYMEX's front-month crude future contract on the CME's Globex system was $1.47/barrel higher at $116.00/b Wednesday, led by resurgent middle distillate markets. With diesel demand growth outpacing...
  • Crude futures stable ahead of EIA weekly US stock data - London (Platts) -- 20Aug2008 -- Global crude futures were little changed in early European trading Wednesday, ahead of the release of the Energy Information Administration's weekly US petroleum stock data, sources said. At 09:54...
  • BP says Baku-Tbilisi-Ceyhan to start integrity testing Wednesday - Istanbul (Platts) -- 20Aug2008 -- Dynamic integrity testing on the 1 million b/d Baku-Tbilisi-Ceyhan crude pipeline, which has been closed for two weeks following an explosion, will begin later Wednesday, Murat Lecompte, a spokesman for...
  • Pickens pushes McCain, Obama to commit to energy indepence goals - Washington (Platts) -- 19Aug2008 -- Legendary energy investor T. Boone Pickens Tuesday challenged the two presumptive major party presidential nominees to reduce US dependence on foreign oil by at least 30% in the next 10 years. He...

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