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Gasoline Futures Prices Are Below Distillate Futures Prices, Rare For This Time of Year

Source: CME Group as compiled by Bloomberg L.P. Note: The chart shows front-month futures prices through May 29. During the spring and summer months, gasoline futures prices are generally higher than distillate futures prices by about 5 cents to 10 cents per gallon (gal). Not only is demand ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > GasolineUnited StatesUS +6

Has Drilling in the Permian Peaked?

The current production level in the Permian Basin, as of September 2017, is 2.6 mmb/d. That is enough to make the Permian, which straddles Texas and New Mexico, the single largest production area in the US, having exceeded offshore output from the Gulf of Mexico since early 2016. Projections indica ...

Easwaran Kanason


Posted 2 years agoOpinion > PermianWTIOil +1