Energy Information Administration EIA


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More Chinese crude oil imports coming from non-OPEC countries

Source: U.S. Energy Information Administration, based on data from China General Administration of Customs and Bloomberg L.P. Note: OPEC is the Organization of the Petroleum Exporting Countries. China's General Administration of Customs publishes crude oil imports by weight. These values were ...

OilVoice Press


Posted 10 days agoOpinion > Energy Information Administration EIAOPECChina

U.S. crude oil imports from Saudi Arabia and Iraq recently increased, but may decline soon

Source: U.S. Energy Information Administration, Weekly Preliminary Crude Imports U.S. crude oil imports from Saudi Arabia and Iraq, two of the United States' main sources for imported crude oil, have risen since reaching relatively low points in 2014 and 2015 . On a combined basis, crude ...

OilVoice Press


Posted 2 months agoPress > Saudi ArabiaIraqCrude +1

U.S. crude oil production increases following higher drilling activity

Source: U.S. Energy Information Administration, Short-Term Energy Outlook U.S. crude oil production increased for the second consecutive month in November 2016, the first time this has occurred since early 2015. Increased drilling activity in the Permian region, which spans Texas and New Mex ...

OilVoice Press


Posted 2 months agoPress > Energy Information Administration EIACrude

Major U.S. tight oil-producing states expected to drive production gains through 2018

Source: U.S. Energy Information Administration, Short-Term Energy Outlook , January 2017 In EIA's January Short-Term Energy Outlook , U.S. crude oil production is forecast to increase from an average of 8.9 million barrels per day (b/d) in 2016 to an average of 9.3 million b/d in 2018, p ...

OilVoice Press


Posted 2 months agoPress > Energy Information Administration EIATight Oil

Strategic Petroleum Reserve sales expected to start this month

Source: U.S. Energy Information Administration, based on Strategic Petroleum Reserve Note: Volumes sold under the Bipartisan Budget Act of 2015 Section 404 are estimates based on an assumption of $50 per barrel. Yesterday the U.S. Department of Energy's (DOE) Office of Fossil Energy awarded c ...

OilVoice Press


Posted 3 months agoPress > Energy Information Administration EIA

With low oil prices in 2016, federal revenues from energy on federal lands again declined

Source: U.S. Energy Information Administration, based on Office of Natural Resources Revenue In fiscal year (FY) 2016, the U.S. government collected almost $6 billion in revenues from royalties, rental costs, and other fees from activities related to energy production on federal and American I ...

OilVoice Press


Posted 3 months agoPress > Energy Information Administration EIAoil price

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Oil Stocks Build of 1.75 Million Barrels

Early signs of winter refinery maintenance and increased imports likely pushed U.S. crude oil inventories higher last week, according to an S&P Global Platts preview of this week's pending U.S. Energy Information Administration (EIA) oil stocks data.  Survey of Analysts Results : Crude oil ...

OilVoice Press


Posted 3 months agoPress > PlattsEnergy Information Administration EIACrude

Crude oil prices increased in 2016, still below 2015 averages

Source: U.S. Energy Information Administration, based on Thompson Reuters Crude oil prices ended the year above $50 per barrel (b). Although the annual average West Texas Intermediate (WTI) crude oil price in 2016 was $43/b—down $5/b from 2015—the WTI price ended 2016 at $53/b, $16/b higher th ...

OilVoice Press


Posted 3 months agoPress > Energy Information Administration EIAoil price