US crude stocks down by 6.4 million barrels US crude stocks took a significant tumble last week thanks to record high levels of refining and exports, according to the US Energy Information Administration. The agency also reported gasoline inventories also fell sharply ahead of the Memorial Day long weekend. Crude stocks fell by 6.4 million barrels […]
US crude stocks fall sharply, refining surges to record high: EIA Read More »
US crude stocks down 3.6 million barrels US crude stocks fell and inventories of gasoline and distillates rose last week after refineries boosted production rates to the highest since November, 2015, according to the Energy Information Administration. The EIA reports crude inventories fell by 3.6 million barrels in the week ending April 21. Analysts had predicted
US crude stocks fall but gasoline and distillate inventories increase Read More »
US shale production in May to rise to 5.19 million b/d US shale production is expected to show its biggest monthly increase in over two years this May, according to data released by the US Energy Information Administration on Monday. After oil prices recovered to over $50/barrel, producers have upped their drilling activity. The EIA report
May US shale production set for biggest monthly increase in two years: EIA Read More »
US motor travel increased for fifth consecutive year NEW YORK, Feb 21 (Reuters) – Motorists drove a record 3.22 trillion miles (5.2 trillion km) on US roads last year, a 2.8 per cent rise from 2015 and the fifth consecutive year of year-over-year increases, according to the US Department of Transportation on Tuesday. Motorists logged 263.6
US motor travel up 2.8 per cent to record in 2016: US DOT Read More »
US crude stocks up 614,000 barrels Dec 29 (Reuters) – US crude stocks unexpectedly rose last week, while gasoline and distillate product inventories dropped, the U.S. Energy Information Administration said on Thursday. Crude inventories were up 614,000 barrels in the week to Dec. 23, compared with expectations for a decrease of 2.1 million barrels. Oil
US crude stocks rise, while products draw down – EIA Read More »
US crude stocks fell by 2.4 million barrels By David Gaffen Dec 7 (Reuters) – U.S. crude stockpiles fell last week despite a hefty build at the Cushing, Oklahoma hub while gasoline and distillate inventories rose as refining rates picked up, the U.S. Energy Information Administration said on Wednesday. Crude inventories fell 2.4 million barrels
US crude stocks dip, but gasoline, distillate levels rise – EIA Read More »
US crude inventories down 884,000 barrels By David Gaffen Nov 30 (Reuters) – US crude inventories fell unexpectedly last week, while distillate inventories rose sharply, the Energy Information Administration’s data showed on Wednesday. Crude inventories fell 884,000 barrels in the week to Nov. 25, compared with analysts’ expectations for an increase of 636,000 barrels. That came despite
US crude inventories fall unexpectedly, big distillate build Read More »
US natgas production expected to rise in 2017 (Adds 2017 outlook) July 12 (Reuters) – The U.S. Energy Information Administration on Tuesday cut its forecasts for U.S. natural gas production and consumption in 2016 from its expectations last month, but both levels would still be record highs. Dry natural gas production in 2016 will reach 74.52
EIA cuts US natgas output, demand forecasts but still record highs Read More »
US weekly imports of Canadian crude oil averaged 2.876 million b/d in May, compared with 3.1 million b/d average The seasonal summer drawdown in US crude oil stocks is underway and an uptick in refinery utilization is expected to push inventories lower last week for the second straight reporting period, according to a preview of the Energy Information Administration data
Crude oil inventories, refinery utilizations, production outages – PLATTS analysis Read More »
Renewable boosters – trying to persuade American public wind and solar power cheaper than fossil fuels- criticize EIA’s too conservative forecasts A war is raging in the wonkish world of energy data statistics between clean energy advocates and the US Energy Information Administration. Yesterday, the EIA launched a major counter-offensive. The federal government source for
EIA defense of renewable energy forecasts sheds light on fossil fuels PR battle Read More »
