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Cushing

(Lucas Schifres/Bloomberg)

Raymond James cuts natural gas price forecast

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Raymond James lowered its long-term natural gas price estimates Monday, putting the investment banking firm in a growing group of analysts seeing a bleaker future for the fuel.
Pipelines run toward oil storage tanks stand at the Enbridge Inc. Cushing storage terminal in Cushing, Oklahoma, U.S., on Wednesday, March 25, 2015. (Daniel Acker/Bloomberg)

Oil closes lower as global fears outweigh inventory draw

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The U.S. Energy Information Administration said that the amount of oil in U.S. tanks fell by 5.5 million barrels last week.
Pipelines at the LOOP Oil storage hub.

Rising inventories knock U.S. oil below $41 per barrel

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The U.S. benchmark crude price fell as much as $1.71 to $40.91 per barrel on the New York Stock Exchange, its lowest point in intraday trading since 2009. It’s also 96 cents below this year’s lowest settlement.
(AP Photo/The Times, Kyle Telechan)

Refiners running full throttle could lead to a heavier fall maintenance season

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As plants operate at record-high capacities to soak up cheap crude and satisfy a growing demand for gasoline, a spate of refinery shutdowns have cropped up across the United States, including a recent shutdown of the BP Whiting plant, the largest refinery in the Midwest.
(Shane Bevel/Bloomberg News)

Crude oil gains on inventory news

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The gain came as the U.S. EIA said Wednesday that crude oil inventories fell by 1.7 million barrels in the week ending August 8. Commercial stores of crude oil now stand at 453.6 million barrels.
Views of oil pipelines and tanks at the Enbridge tank storage and pipeline facility in Cushing, Okla. on Friday Feb. 24, 2011. (Shane Bevel/Freelance)

Refinery demand pushes oil inventory down for fifth week

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Commercial stores of crude oil fell by 1.9 million barrels nationwide, according to data from the U.S. Energy Information Administration.
Categories: Crude oil, Markets
(Shane Bevel/Bloomberg News)

Crude oil inventories fall again, but production jumps

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U.S. commercial stores of crude oil fell by another 2.8 million barrels to a total of 479.4 million barrels for the week ending May 22, according to data collected by the U.S. Energy Information Administration.
Pipelines run toward oil storage tanks stand at the Enbridge Inc. Cushing storage terminal in Cushing, Oklahoma, U.S., on Wednesday, March 25, 2015. (Daniel Acker/Bloomberg)

U.S. oil inventories rise by almost 2 million barrels, but below expectations

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Crude oil inventories across the U.S. posted another build last week, but the pace at which crude tanks are filling remained much slower than in weeks past. The oil markets shot up.
(Dmitry Beliakov/Bloomberg News)

Anadarko buys into Colorado-to-Cushing pipeline project

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The Woodlands-based firm said Wednesday it has purchased a 20-percent stake in the pipeline company building the 550-mile Saddlehorn pipe, which is expected to start piping oil from the DJ Basin to the oil hub in Cushing in the middle of next year.
Crude Oil Caps Biggest Weekly Increase In Two Years On Libya Unrest

Crude inventories at their highest level in decades after another build

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Total crude oil inventories now stand at 444.4 million barrels, a modern-era high.