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Analysis: US Crude Exports Hit Record in September
Nov 8, 2016US crude exports rose 35,000 b/d to a record 692,000 b/d in September after Brent's premium to WTI widened, an analysis of Census Bureau data released Friday showed. Brent's premium over WTI widened from 34 cents/b in May to average ...
Tags: crude exports, crude
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US Exported 662,000 B/D of Crude in May, Highest on Record: EIA
Jul 29, 2016US crude exports jumped to their highest level on record in May, coming in at 662,000 b/d, monthly data from the US Energy Information Administration showed Friday. Exports are up from 591,000 b/d in April and have been up steadily from ...
Tags: crude exports, US crude
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Oil Prices to Remain Low Well Into 2016
Dec 29, 2015Crude prices have gone down nearly 30 percent this year, and analysts expect oil prices to remain low for even longer. Boon for consumers Lower oil prices are generally good for US consumers and the economy, said Jason Bordoff, ...
Tags: Oil Prices, Crude Oil
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Crude Futures Fall After Iea Warns Glut Will Persist Into 2016
Dec 15, 2015Crude futures fell Friday after the International Energy Agency said global oil markets will remain oversupplied at least through 2016. NYMEX January crude settled $1.14 lower at $35.62/b. ICE January Brent settled down $1.80 at $37.93/b. ...
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Analysis: US Distillate Stocks Expected to Have Fallen Last Week
Nov 24, 2015With colder temperatures finally hitting much of the northern US last week, many in the oil market will have their eyes on US distillate stocks when the US Energy Information Administration releases its weekly inventory data Wednesday. ...
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USW Obiected to Lifting The Long-Standing Crude Oil Export Ban
Aug 3, 2015Leo W. Gerard, international president of the United Steelworkers (USW), has testified before the US Senate Banking, Housing and Urban Affairs Committee, reiterating his opposition to lifting the long-standing crude oil export ban, ...
Tags: crude oil, export ban
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Retail Fuel Prices Will Be Lowered Slightly
Jul 8, 2015Global woes drag crude prices, as demand continues to decline in China Retail fuel prices will be lowered slightly from Wednesday to better reflect the global fall in crude prices and the glut in the market, the nation's top economic ...
Tags: Gasoline Price, Crude Prices
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US Commercial Crude Stocks Rose 1.45 Million Barrels to 383.91 Million Barrels
Jun 13, 2014US commercial crude stocks rose 1.45 million barrels to 383.91 million barrels in the reporting week that ended June 6, American Petroleum Institute data showed Tuesday. Analysts surveyed Monday had been expecting a 1.2 million-barrel ...
Tags: Crude Stocks, crude futures
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US Commercial Crude Stocks Fell 10.3m Barrels to 390.69m Barrels
May 22, 2014US commercial crude stocks fell 10.3 million barrels to 390.69 million barrels for the reporting week ended May 16, American Petroleum Institute data showed Tuesday. The draw is far larger than analysts had expected. A Platts survey of ...
Tags: Crude Stocks, NYMEX crude
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The Data Shows US Crude Stocks Climbed 3 Million Barrels to 391.7 Million Barrels
May 4, 2014US crude stocks climbed 3 million barrels to 391.7 million barrels in the week that ended April 25, as inventories at the Cushing, Oklahoma, delivery hub rose, data Tuesday from the American Petroleum Institute showed. Analysts polled by ...
Tags: Crude Stocks, USGC imports
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US Crude Stocks Jumped 10 Million Barrels Last Week,Puts Stocks at a 7.4% Surplus
Apr 18, 2014US crude stocks jumped 10 million barrels last week -- the largest build in 13 years -- on a surge in imports and lower refinery run rates in the US Gulf Coast, data from the US Energy Information Administration showed Wednesday. The ...
Tags: Crude Stocks, lower refinery
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Canada's Total Crude Oil Output Is Expected to Reach 3.9 Million B/D in 2015
Apr 16, 2014Canada's total crude oil output is expected to reach 3.9 million b/d in 2015, some 500,000 b/d more than the current output, driven primarily by small in-situ oil sands developments, each typically 35,000-40,000 b/d, an industry official ...
Tags: Oil Output, oil sands
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EIA Was Asked to Analyze The Impact of Lifting Restrictions on US Crude Oil Exports
Apr 15, 2014The Senate Energy and Natural Resources Committee chairman and ranking member have asked the Energy Information Administration to analyze the impact of lifting restrictions on US crude oil exports. "This is a complex puzzle that is best ...
Tags: Crude Export, EIA Study
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NYMEX May Crude Settled $1.84 Lower at $99.74/Barrel Tuesday
Apr 3, 2014NYMEX May crude settled $1.84 lower at $99.74/barrel Tuesday on expectations of another build in US crude stockpiles and bearish data from China and Europe. ICE May Brent settled $2.14 lower at $105.62/b. The Brent-WTI spread settled at a ...
Tags: Oil Futures, crude, NYMEX
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US Crude Production Rose 68,000 B/D to 7.939 Million B/D in January
Apr 1, 2014US crude production rose 68,000 b/d to 7.939 million b/d in January, its highest monthly tally since December 1988, when production was 7.942 million b/d, according to monthly US Energy Information Administration oil data released Friday. ...
Tags: crude production, crude, Mexico production
