Link

This Week in Petroleum


  • September was the first month the United States recorded exporting more petroleum than it importedIn September 2019, the United States exported 89,000 barrels per day (b/d) more petroleum (crude oil and petroleum products) than it imported, the first month this happened since monthly records began in 1973 (Figure 1).
  • In the November STEO, EIA forecasts that U.S. net petroleum exports will continue to increase, averaging 751,000 b/d in 2020, the first time that the United States is expected to be a net petroleum exporter on an annual basis.
  • The U.S. average regular gasoline retail price fell less than 1 cent from the previous week to remain at $2.58 per gallon on December 2, 12 cents higher than the same time last year.



New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Visit original link

https://nrgedge.net/article/1575516053-this-week-i...

CanadaCrude oilDieselexportsImportsGasolineHGLhydrocarbon gas liquidjet fuelOilpetroleumproductsProductionsupply

More items from huishan


A Brief Insight: Guyana, Suriname And French Guiana

As Saudi Arabia and Russia dig in their heels and prepare for extended trench warfare over oil prices, the important questions now are: how long will this last, and what (or who) can bring these friends-turned-foes back to the negotiation table? Saudi Arabia's ultimate goal is to have steady oil ...

Hui Shan


Posted 3 days agoLink > GOMGulf Of MexicoOil Blocks +7

Your Weekly Update: 30 March - 3 April 2020

As Saudi Arabia and Russia dig in their heels and prepare for extended trench warfare over oil prices, the important questions now are: how long will this last, and what (or who) can bring these friends-turned-foes back to the negotiation table? Saudi Arabia's ultimate goal is to have steady oil ...

Hui Shan


Posted 3 days agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 23 - 27 March 2020

With falling demand and increasing supply, the front-month price of the U.S. benchmark crude oil West Texas Intermediate (WTI) fell from a year-to-date high closing price of $63.27 per barrel (b) on January 6 to a year-to-date low of $20.37/b on March 18 (Figure 1), the lowest nominal crude oil pr ...

Hui Shan


Posted 13 days agoLink > Oiloil and gas newsOil and Gas Industry +7

This Week in Petroleum: Oil market volatility is at an all-time high

With falling demand and increasing supply, the front-month price of the U.S. benchmark crude oil West Texas Intermediate (WTI) fell from a year-to-date high closing price of $63.27 per barrel (b) on January 6 to a year-to-date low of $20.37/b on March 18 (Figure 1), the lowest nominal crude oil pr ...

Hui Shan


Posted 13 days agoLink

Potential Outcome Scenarios for Covid-19 And Oil Markets

There are two items dominating the headlines in the energy sector at the moment: the global Covid-19 pandemic and the alarming decision of Saudi Arabia and Russia to go head-to-head in a price war. Scenario 2: Fast Covid-19 containment but slow resolution to the price war or Prolonged Covid-19 pa ...

Hui Shan


Posted 20 days agoLink > Covid19ChinaItaly +8
All posts from huishan