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Futures Movers: Oil higher after cyberattack forces shutdown of key U.S. fuel pipeline

Oil futures rise Monday after a ransomware attack forces the shutdown of pipelines supplying around 45% of fuel to the East Coast......»»

Category: topSource: marketwatchMay 10th, 2021

Futures Movers: Oil rises after cyberattack forces shutdown of key U.S. fuel pipeline

Oil futures rise Monday after a ransomware attack forces the shutdown of pipelines supplying around 45% of fuel to the East Coast......»»

Category: topSource: marketwatchMay 10th, 2021

U.S. oil futures finish slightly higher as traders weigh pipeline shutdown impact

U.S. oil futures settled just a pennies higher on Monday as traders weighed the impact of the shutdown of the largest U.S. fuel pipeline due to a ransomware attack. Colonial Pipeline .....»»

Category: topSource: marketwatchMay 10th, 2021

Oil prices finish the week higher as pipeline shutdown "short lived"

Oil futures climbed on Friday, erasing previous losses to finish higher for the week. "The Colonial Pipeline debacle got most of the attention from energy traders this week," but the shutdown "did not have a material impact on the broader.....»»

Category: topSource: marketwatchMay 14th, 2021

Fuel shortages reported in Southeast, gas prices climb amid pipeline shutdown

While Colonial Pipeline works to restore service after last week's cyberattack, some gas stations in Virginia, Georgia, Florida and other parts of the country say pumps are dry......»»

Category: topSource: washpostMay 11th, 2021

Crude oil prices rise after Colonial Pipeline cyberattack

The Colonial Pipeline's shutdown is pushing oil and gasoline prices higher......»»

Category: topSource: foxnewsMay 10th, 2021

AAA on pipeline attack: gas price hikes, fuel shortages possible for these states

The national average for gas prices jumped 6 cents on the week to $2.96 and is poised to rise even higher in some areas due to Friday's cyberattack against Colonial Pipeline Co., according to the American Automobile Association......»»

Category: topSource: foxnewsMay 10th, 2021

Cyberattack Forces Shutdown Of Largest Gasoline Pipeline In United States

Cyberattack Forces Shutdown Of Largest Gasoline Pipeline In United States.....»»

Category: blogSource: zerohedgeMay 8th, 2021

Futures Movers: Oil prices buoyed by falling fuel inventories

Oil futures trade higher Thursday, with support tied in part to follow through on the previous session's gains that saw a sharp rise in crude inventories offset by a further draw in gasoline supplies as a result of last month's Texas freeze......»»

Category: topSource: marketwatchMar 11th, 2021

Futures Movers: Oil prices rebound from 21-year low; gasoline futures rally on smaller U.S. stock climb

Oil ends sharply higher on Wednesday as a rise in U.S.-Iran tensions and declines in U.S. crude output prompt a rebound from a 21-year low, and as a smaller-than-expected weekly climb in U.S. gasoline stockpiles lifts futures prices for the fuel......»»

Category: topSource: marketwatchApr 22nd, 2020

Futures Movers: Oil prices rebound from 21-year low; U.S. gasoline stocks fall less than expected

Oil trades sharply higher on Wednesday, rebounding from a drop to a 21-year low, as a smaller-than-expected weekly climb in U.S. gasoline stockpiles lifts futures prices for the fuel......»»

Category: topSource: marketwatchApr 22nd, 2020

Futures Movers: Oil up a 3rd straight session as traders eye coronavirus and OPEC output update

Oil futures end higher Thursday, extending their streak of gains to a third straight session, as the potential for OPEC+ output cuts fuel optimism, despite a rise in the number of COVID-19 cases in China and lower forecasts for oil demand growth......»»

Category: topSource: marketwatchFeb 13th, 2020

Futures Movers: Oil heads higher for a third straight session as traders eye coronavirus news and await OPEC’s next move

Oil futures inch higher Thursday, poised to extend their streak of gains to a third straight session, as the potential for OPEC+ output cuts fuel optimism, despite a rise in the number of COVID-19 cases in China and lower forecasts for oil demand growth......»»

Category: topSource: marketwatchFeb 13th, 2020

Futures Movers: Oil rallies as hurricane threatens fuel supply flow and EIA cuts crude output forecast

Crude-oil futures rally Tuesday, finding support as a major hurricane approaching the U.S. East Coast threatens the flow of fuel through a key gasoline pipeline and the U.S. government cuts its forecasts for domestic production......»»

Category: topSource: marketwatchSep 11th, 2018

Futures Movers: Oil higher, taking cue from stock market as dollar weakens

Oil futures trade higher Monday, with crude taking a cue from a positive tone for equities and a softer U.S. dollar, though traders continue to keep an eye on talks aimed at reviving a nuclear deal that could see Iran resume crude exports......»»

Category: topSource: marketwatchMay 24th, 2021

A Peek Into The Markets: US Stock Futures Up Ahead Of Walmart, Home Depot Earnings

Pre-open movers U.S. stock futures traded higher in early pre-market trade ahead of earnings from some major companies. The Dow Jones fell 50 points in the previous session after the Wall street recorded its worst week since February 26. Investor.....»»

Category: earningsSource: benzingaMay 18th, 2021

High fuel prices and shortages hit trucking industry, as nation critically needs gasoline and goods transported

The recent cyberattack on Colonial Pipeline combined with a pandemic-recovering economy have hit the trucking industry, which plays a crucial role in consumer spending......»»

Category: topSource: washpostMay 15th, 2021

Colonial Pipeline says it has restored service to "normal operations" following cyberattack that forced a shutdown

The nearly week-long shutdown caused governors in several states to declare states of emergency as residents panic bought gasoline and gas stations hiked up prices. A gas station runs out of gasoline after motorists rush to fill .....»»

Category: personnelSource: nytMay 15th, 2021

Hacking group behind the cyberattack on a key US fuel pipeline is said to be disbanding

DarkSide made headlines for hacking Colonial Pipeline, forcing the major East Coast fuel supplier to suspend operations for several days. , Out of service fuel nozzles are covered in plastic on a gas p.....»»

Category: personnelSource: nytMay 15th, 2021

Gas shortage: 72% of NC gas stations are without fuel

North Carolina residents are in for what some predict could be the toughest day yet to find gas following the Colonial Pipeline cyberattack......»»

Category: topSource: foxnewsMay 14th, 2021

Major U.S. Gasoline Pipeline Halts Operations After Cyberattack

(WASHINGTON) — A U.S. energy company says a cyberattack forced it to temporarily halt all operations on a major pipeline that delivers roughly 45% of all fuel consumed on the East Coast. Colonial Pipe.....»»

Category: topSource: timeMay 13th, 2021