U.S. stock-index futures erased gains following a report that smoke plumes had been seen near an oil terminal in Libya.
Ukraine may offer a 50 percent fee discount to Azerbaijan at the oil terminal of its Yuzhnyi port, Kommersant-Ukraine newspaper reported, citing a draft bill submitted by the government.
Hess Corp., the energy company that recently settled a proxy fight with Paul Singer, began the sale of its oil-terminal network and is seeking $1 billion for the asset, said people familiar with the matter.
Vietnam National Petroleum Corp., the state-owned company known as Petrolimex, plans to begin commercial operations at its 505,000 cubic-meter Van Phong bonded oil terminal next year.
Klaipedos Nafta AB, Lithuania’s oil terminal on the Baltic Sea, said sales increased 4 percent in September from the same period last year.
AB Klaipedos Nafta , which operates Lithuania’s oil terminal on the Baltic Sea, said sales rose 16 percent in May, compared with the same period a year earlier.
The French strike halting shipments in and out of the Fos-Lavera oil terminal on the Mediterranean may cause shortages of fuel, the International Energy Agency said in its monthly report.