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Supply of Crude Oil Rise on Cushing Pipeline, Oil Fluctuates on Equities

Crude oil stockpiles rose in US for a fifth week as TransCanada Corp. completed an extension of a pipeline to Cushing, Oklahoma, adding to a glut at the country’s biggest oil-trading hub. Inventories climbed 2 million barrels, or 0.6 percent, in the seven days ended Feb. 11 from 345.1 million a week earlier, according to [...]

Tuesday, February 15th, 2011

Burma Control Import Sale Gasoline and Diesel Fuel

Burma business tycoon Tay Za control the importation and sale of gasoline and diesel fuel. An official at the regime-owned Federation of Chambers of Commerce and Industry and Rangoon-based business sources said the Fuel Oil Importers and Distributors Association (FOIDA) was formed on Jan. 23, with Tay Za as chairman and Aung Thet Mann as [...]

Tuesday, February 9th, 2010