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A Philippine oil tanker sank in Manila Bay early Thursday after encountering huge waves, leaving a crewman dead and 16 others rescued in a late-night operation by the coast guard. The force was ...
The direction of the April WTI crude oil market on Thursday will be determined by trader reaction to yesterday’s high at $58.77. Crude Oil Price Update – Starts Session Inside ‘Window of ...
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The crude oil markets have pulled back a bit during the trading session on Wednesday, testing the top of a bullish flag.
On July 26, the PCG assessed that the oil slick had reached two kilometers in length. [16] The mayor of Limay said that 400 to 500 liters of oil from the ship's fuel tank had leaked out. [17] By July 30, the PSA estimated that the oil spill covered an area of around 93.74 square kilometers in Manila Bay. [18]
The Alegria oil field is situated in the barangay of Montpeller in Alegria, Cebu. [2] It is an onshore oil field. [ 3 ] [ 4 ] The field covers 197,000 hectares (490,000 acres) while the production area is 42,749 hectares (105,640 acres).
Based on the early price action and the current price at $24.49, the direction of the May WTI crude oil futures contract the rest of the session on Thursday is likely to be determined by trader ...