US crude stocks fell 12.032 million barrels last week, while US distillate stocks jumped 6.71 million barrels, according to American Petroleum Institute data Thursday. The data painted a bullish picture for NYMEX crude futures, and a ...
Tags: US crude stocks, distillate stocks, Gulf Coast Draw, AP
Weekly oil data from the US Energy Information Administration and the American Petroleum Institute should show a 1 million-barrel draw in US commercial crude inventories for the week ending December 28, analysts polled by Platts said ...
Tags: oil data, US Energy Information Administratio, crude inventories
In a first-ever meeting, peak oil proponents met with the US Energy Information Administration earlier this month to urge the nation's top statistical agency to temper its rosy outlook on future US energy production. Representatives ...
Tags: peak oil proponents, US, statistical agency, energy production
Mr Adam Sieminski chief of the US Energy Information Administration noted that the boost in oil extract in the last 150 years. Oil extraction will increase 760,000 barrels daily the highest increase since 1959. Oil extraction is expected ...
Tags: oil extraction, oil, energy resources, oil industry
Monthly coal exports from the three coal terminals in Virginia's Hampton Roads port complex declined 3% in November to 3,251,476 st from 3,352,315 st in November 2011, according to data released Wednesday by the Virginia Maritime ...
Tags: coal exports, metallurgical coal, coal
NYMEX January crude futures settled 98 cents higher at $86.77/barrel Wednesday, as the entire oil complex received a boost from the US Federal Reserve's move to continue its quantitative easing program to stimulate the economy. January ...
Tags: oil, heating oil, refinery, Nymex Oil
The US Gulf Coast non-LST purity ethane assessment has fallen to its lowest level since August 2002, according to Platts data, a move attributed to increasing supplies form shale gas plays across the US. Ethane has fallen 68% on the ...
Tags: ethane, purity ethane, shale gas
The NYMEX January natural gas futures contract settled 15.3 cents lower at $3.648/MMBtu Thursday, after weekly figures from the US Energy Information Administration showed an unexpected storage injection. "Two things have pushed the price ...
Ethanol producers in the US, the world's largest maker of the biofuel, saw margins sink further into negative territory in October as selling prices fell around 4% from September, according to a study by Iowa State University. ...
Tags: Ethanol producers, biofuel, selling prices
David Seeger,President of JMC Steel Group,highlights why he thinks the future is bright for the US energy pipe market. David Seeger began his career in 1979 with UNR-Leavitt in the Sales&Marketing group,then moved to Welded Tube Company ...
Tags: JMC Steel, energy pipe, US