Released September 12, 2019 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
PRODUCTION
House to Vote on U.S. Offshore Drilling Ban Bills - In a move that could hamper President Donald Trump's push to expand offshore oil and gas development, the House of Representatives is expected to vote on several bills on Wednesday that will block offshore drilling in almost all waters surrounding the U.S. The legislation would ban drilling off both coasts of the U.S., in the Arctic National Wildlife Refuge and in the eastern Gulf of Mexico. (CNBC)
CRUDE OIL
U.S. Crude Oil Reserves Fall to Lowest in a Year - U.S. crude oil stockpiles fell last week to the lowest in nearly a year, falling by 6.9 million barrels to 416.1 million, their lowest since October 2018. (Reuters)
Oil Tumbles After Report of Trump Easing Iran Sanctions - Oil prices tumbled more than 2% on Wednesday after a Bloomberg report that U.S. President Trump weighed easing sanctions on Iran, which could boost global crude supply. (Reuters)
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About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the trading, logistics and marketing communities. We are the number one source for information about electricity outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
PRODUCTION
House to Vote on U.S. Offshore Drilling Ban Bills - In a move that could hamper President Donald Trump's push to expand offshore oil and gas development, the House of Representatives is expected to vote on several bills on Wednesday that will block offshore drilling in almost all waters surrounding the U.S. The legislation would ban drilling off both coasts of the U.S., in the Arctic National Wildlife Refuge and in the eastern Gulf of Mexico. (CNBC)
CRUDE OIL
U.S. Crude Oil Reserves Fall to Lowest in a Year - U.S. crude oil stockpiles fell last week to the lowest in nearly a year, falling by 6.9 million barrels to 416.1 million, their lowest since October 2018. (Reuters)
Oil Tumbles After Report of Trump Easing Iran Sanctions - Oil prices tumbled more than 2% on Wednesday after a Bloomberg report that U.S. President Trump weighed easing sanctions on Iran, which could boost global crude supply. (Reuters)
About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the trading, logistics and marketing communities. We are the number one source for information about electricity outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
