Keystone Force Majeure Cuts Oil Flows To US

Keystone Force Majeure Cuts Oil Flows To US

TC Energy, the operator of the Keystone Pipeline, declared force majeure on Monday following a power outage in South Dakota, which reduced the flows on the link carrying crude from Canada to the US TC Energy said in a statement late on Monday that it was made aware of a non-operational incident resulting from third-party … Read more

Oil Tanker Stocks To Watch As Shipping Rates Soar

Oil Tanker Stocks To Watch As Shipping Rates Soar

Market experts consider rising inflation and the Ukraine crisis as the two biggest market risks this year. Runaway inflation has been corroding asset values, limiting buying power and eating away at corporate margins, while Russia’s invasion of Ukraine has disrupted key energy and commodity supply chains causing massive price spikes. consequently, the Dow Jones Transportation … Read more