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Oil prices drop 3% on India's Covid-19 crisis; US pipeline restart

By Devika Krishna Kumar NEW YORK (Reuters) -Oil prices fell about 3% on Thursday as Indias coronavirus crisis deepened and a key U.S. fuel pipeline resumed operations, halting a rally that had lifted crude to an eight-week high after forecasts for a rebound in global demand later in the year. Brent crude ended the session down $2.27, or 3.3%, at $67.05 a barrel, after rising 1% on Wednesday. West Texas Intermediate (WTI) settled $2.26, or 3.4%, lower at $63.82 a barrel, having risen 1.2% in...
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Pipeline outage causes US gasoline supply crunch, panic buying

By Laura Sanicola and Devika Krishna Kumar (Reuters) -Gas stations from Florida to Virginia began running dry and prices at the pump rose on Tuesday, as the shutdown of the biggest U.S. fuel pipeline by hackers extended into a fifth day and sparked panic buying by motorists. The administration of U.S. President Joe Biden projected that the Colonial Pipeline, source of nearly half the fuel supply on the U.S. East Coast, would restart in a few days and urged drivers not to top up their tanks. ...
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Tough job to fill? Colonial pipeline cyber manager job goes vacant

Tough job to fill? Colonial pipeline cyber manager job goes vacant Reuters 5/12/2021 By Devika Krishna Kumar May 12 (Reuters) - The U.S. pipeline shut down by ransomware hackers late last week is looking for a cyber manager at its Atlanta headquarters in a job ad posted more than a month ago. The position as the Manager, Cyber Security at Colonial Pipelines headquarters in Alpharetta, Georgia remains open, according to the companys website and a job listing on LinkedIn. https://www.linkedin.c...
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Source: msn.com

Pipeline outage causes U.S. gasoline supply crunch, panic buying - Netscape Money & Business

Pipeline outage causes U.S. gasoline supply crunch, panic buying By Laura Sanicola and Devika Krishna Kumar Reuters (Reuters) -Gas stations from Florida to Virginia began running dry and prices at the pump rose on Tuesday, as the shutdown of the biggest U.S. fuel pipeline by hackers extended into a fifth day and sparked panic buying by motorists. The administration of U.S. President Joe Biden projected that the Colonial Pipeline, source of nearly half the fuel supply on the U.S. East Coast, wou...
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