Crude oil

All posts for Crude oil

West Africa’s Gas Sector Becoming a Hive of Activity in 2018

Africa is a relatively small producer of hydrocarbons for the world market, accounting for an estimated 9% of world oil output and less than 6% of gas production in 2016. African oil production fell marginally in 2016, from an estimated 9mn barrels per day (b/d) in 2015 to around 8.6mn b/d, owing t ...

OilVoice Press - OilVoice

Posted 4 days agoOpinion > AfricaWest AfricaCrude oil +3

Russia Exports Most of its Crude Oil Production, Mainly to Europe

Source: U.S. Energy Information Administration, based on Russian export statistics and country import statistics from Global Trade Tracker Note: OECD is the Organization for Economic Cooperation and Development. Russia exported more than 5.2 million barrels per day (b/d) of crude oil and con ...

OilVoice Press - OilVoice

Posted 6 days agoOpinion > Crude oilRussiaeurope +4

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Oil Stocks Fell 2.7 Million Barrels

Consistent builds in crude oil inventories at Cushing, Oklahoma (delivery point for New York Mercantile Exchange or NYMEX oil futures), since early August have weighed on NYMEX crude futures, leading to a larger discount to Intercontinental Exchange (ICE) Brent, providing an incentive for U.S. crud ...

OilVoice Press - OilVoice

Posted 13 days agoOpinion > S&P Global PlattsS&PUnited States +6

U.S. Crude Exports Benefit from Perfect Storm of Factors

Recent crude exports from the U.S. have represented a doubling of flows out of the country in just a couple of months. While a sizeable increase was expected, it is not clear that exports can be sustained at 2.0 million b/d, says ESAI Energy in its recent 2-year Global Crude Oil Outlook. Crude expor ...

OilVoice Press - OilVoice

Posted 18 days agoOpinion > United StatesESAI EnergyCrude oil +3

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Oil Stocks Fell 425,000 Barrels

A likely draw last week of U.S. stocks of crude oil, gasoline and distillates would represent the first across-the-board decline since the week ending July 28, likely sending a bullish message to traders that could nudge oil futures higher, according to an S&P Global Platts preview of this week's ...

OilVoice Press - OilVoice

Posted 28 days agoPress > S&P Global PlattsEIAEnergy Information Administration EIA +4

ExxonMobil Acquires Crude Oil Terminal to Serve Growing Permian Basin Production

Establishes ExxonMobil as key midstream provider in the rapidly growing Permian Basin Permitted for 100,000 barrels per day of throughput with the ability to expand Provides transportation and storage options for Permian Basin producers Exxon Mobil Corporation (NYSE:XOM) announced today that ...

OilVoice Press - OilVoice

Posted 1 month agoPress > Crude Oil TerminalPermian BasinExxonMobil +2

Crude Oil and Petroleum Product Exports Reach Record Levels in the First Half of 2017

Source: U.S. Energy Information Administration, Petroleum Supply Monthly Crude oil exports in the first half of 2017 increased by more than 300,000 barrels per day (b/d) from the first half of 2016 to 784,000 b/d, a 57% increase. Petroleum product exports also grew over the same period. ...

OilVoice Press - OilVoice

Posted 1 month agoOpinion > Crude oilPetroleum Product ExportsPropane +5

DNO Reports First Payment Under Kurdistan Receivables Settlement

DNO ASA, the Norwegian oil and gas operator, today reported the first payment from the Kurdistan Regional Government under the recently concluded agreement covering outstanding receivables for past crude oil deliveries. Under the agreement effective 1 August 2017, the Company was assigned the Gove ...

OilVoice Press - OilVoice

Posted 1 month agoPress > DNONorwayKurdistan +1

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Oil Stocks Fell 400,000 Barrels

Declines in U.S. crude oil stocks each of the last two weeks because of record-high exports has failed to lift oil futures, with prompt-month NYMEX crude retreating to the $40-per-barrel area, unwinding part of September's rally, according to an S&P Global Platts preview of this week's pending U.S. ...

OilVoice Press - OilVoice

Posted 1 month agoOpinion > Crude oilStocksNYMEX +4

Oil Trading Orientation

This three-day workshop is ideal for non-traders wishing to know more about the world of oil trading, or for delegates who are at the very beginning of an oil trading career. Delegates will learn the terminology and key building blocks of knowledge for crude oil and petroleum product trading. They w ...

Andrew Infante

Bangkok     TH 23 Aug 2017

Posted 4 months agoTraining > bangkokThailandtrading +6

Fate of world oil and natural gas by Dr. Daniel Fine

Mexico imports 80 percent of American natural gas exports. This, and Union Pacific rail crossing into Mexico with non-fuel trade, is the future of New Mexico economic development American crude oil production will break new records this summer, exceeding 9.5 million barrels per day and then moving ...

Will Fine

Posted 5 months agoPress > MexicoOPECnatural gas +14

Overview of Physical Crude Oil Training and Operations

This two-day course, located in Houston, TX (US) provides an introduction to the trading of physical crude oil. Delegates will gain an understanding of the knowledge possessed by a physical crude oil trader and the steps involved in negotiating a physical crude oil transaction. In addition, delegate ...

Andrew Infante

Houston   TX   US 17 Jul 2017

Posted 5 months agoTraining > OilCrude oilHouston

Local issues spell national problems in latest oil dispute

Foreigners to Lagos often complain that it's the street food that will make you most unwell. But anyone reading the news at the moment will know that Nigerians have a strong stomach for more than just bushmeat! Just as the oil and gas sector looks to recover some of its former glory, progress again ...

Derby Omokoh - Upstream Consulting Company Lagos

Posted 7 months agoOpinion > NigeriaOil and Gaspetroleum +1