Crude


All posts for Crude

China is a Key Destination for Increasing U.S. Energy Exports

Source: U.S. Energy Information Administration, Petroleum Supply Monthly , Natural Gas Monthly Republished July 10, 2018, 10:00 a.m. to correct the units for China's imports of crude oil and propane. In recent years, as its domestic energy consumption has grown, China has become a mo ...

OilVoice Press - OilVoice


Posted 6 days agoOpinion > ChinaUSUnited States +10

S&P Global FACTBOX: Physical Oil Markets in Flux Ahead of Key OPEC/Non-OPEC Meeting

  Changing output policy will increase supply of sour crudes Huge imbalance between sweet, sour crudes Growing glut of sweet crudes in Atlantic Basin The oil market currently bears a very different look compared to January 2017 when the 1.8 million b/d OPEC/non-OPEC output cuts were fir ...

OilVoice Press - OilVoice


Posted 26 days agoOpinion > S&P Global PlattsOilOPEC +3

FACTBOX: Venezuela's Near Collapse Takes Toll On Oil Industry

Venezuela's near economic collapse has taken a toll on the country's oil production, causing shifts in oil flows as buyers look to secure alternative supplies. As workers have fled the country, state-owned oil company PDVSA has had a difficult time maintaining crude output, let alone boosting prod ...

OilVoice Press - OilVoice


Posted 27 days agoOpinion > S&P Global PlattsVenezeulaOil +5

FACTBOX: China Threatens 25% Tariff on US Energy, Agricultural Products

The trade war between the US and China escalated on Saturday with China threatening an additional 25% tariff on $50 billion worth of US goods, including energy and agricultural products, in response to President Donald Trump's decision to place similar tariffs on the same annual value of Chinese p ...

OilVoice Press - OilVoice


Posted 28 days agoOpinion > ChinaUnited StatesUS +10

Development of Alaska’s ANWR Would Increase U.S. Crude Oil Production After 2030

Source: U.S. Energy Information Administration, Annual Energy Outlook 2018 , Analysis of Projected Crude Oil Production in the Arctic National Wildlife Refuge In December 2017, the passage of Public Law 115-97 required the U.S. Secretary of the Interior to establish and administer a com ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > AlaskaUnited StatesUS +6

Can Saudi Arabia Prevent The Next Oil Shock?

By Cyril Widdershoven for Oilprice.com The ongoing speculation online about the future of cooperation between Russia and OPEC seems to be a little one-sided. The main point of discussion up until now has been the fact that, due to international pressure (such as Trump's Twitter diplomacy, perceiv ...

Oilprice Staff


Posted 1 month agoOpinion > oilpriceSaudi ArabiaOil +5

IMO 2020: Market Implications of Changing Bunker Specs

Six-part comprehensive analysis of market implications of changng bunker specs including: Part I: Compliance and Bunker Market Size-  ESAI Energy will break down the size of the bunker market by geographic region, discuss compliance in reach region, explain enforcement mechanisms, and ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > ESAI EnergyBunkerFuel +2

EIA Reports Track U.S. Crude Oil Production Statistics and Trends

Source: U.S. Energy Information Administration, Petroleum Supply Monthly with data for March 2018; Weekly Petroleum Status Report , with data for the week ending May 25, 2018; Short-Term Energy Outlook , May 2018; Drilling Productivity Report , May 2018 With increasing crude oil p ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > EIAEnergy Information Administration EIAUnited States +4

U.S. Imports of Canadian Crude Oil by Rail Increase

Source: U.S. Energy Information Administration, Petroleum Supply Monthly Growth in Canadian crude oil production has outpaced expansions in pipeline takeaway capacity and, along with past pipeline outages , has driven Canadian crude oil prices lower and increased Canadian crude oil export ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > United StatesUSCanada +5

Chinese Crude Oil Inventories Decline Slightly Amid Record Refinery Runs in March

China Crude Oil Inventory - Seasonality Chart MMb Source: Kayrros Kayrros sees Chinese stocks in the first half of April up by 5.25 MMb, at 470.91 MMb, partly reversing March draws. China April stocks remain at an 18.86 MMb deficit ...

OilVoice Press - OilVoice


Posted 2 months agoPress > ChinaCrudeCrude oil

Russia Leads Planned and Announced Projects Count to 2025, Says GlobalData

A total of 43 crude and natural gas projects are expected to start operations in four countries in the Former Soviet Union (FSU) between 2018 and 2025, according to GlobalData, a leading data and analytics company. The company's report: ‘ Semi-Annual Production and Capital Expenditure Outlook for ...

OilVoice Press - OilVoice


Posted 3 months agoOpinion > Crudenatural gasRussia +3

U.S. Crude Oil Production Growth Projected to be Led by Light, Sweet Crude Oil

Source: U.S. Energy Information Administration, Annual Energy Outlook 2018 Reference case Recent growth in U.S. crude oil production has been primarily light, sweet crude oil, defined as having an API gravity of 35 or higher and sulfur content of 0.3% or less. These light, sweet crudes, wh ...

OilVoice Press - OilVoice


Posted 3 months agoOpinion > EIAEnergy Information Administration EIAUnited States +9

FACTBOX: Yemen Conflict Risks Spilling Over into Global Oil Sector - by S&P Global Platts

Dubai (Platts)--04 Apr 2018 / 626 am EST/1026 GMT      (Adds latest details)      Tensions are starting to simmer across Middle East oil and shipping sectors, including a key global shipping lane, after Yemeni Shi'ite Houthi militants launched a failed attack on a Saudi VLCC.      Three year ...

OilVoice Press - OilVoice


Posted 3 months agoOpinion > S&P Global PlattsYemenOil +4

U.S. Production of Crude Oil Grew 5% in 2017, Likely Leading to Record 2018 Production

Source: U.S. Energy Information Administration, Petroleum Supply Monthly Annual average U.S. crude oil production reached 9.3 million barrels per day (b/d) in 2017, an increase of 464,000 b/d from 2016 levels after declining by 551,000 b/d in 2016. In November 2017, monthly U.S. crude oil ...

OilVoice Press - OilVoice


Posted 3 months agoOpinion > United StatesUSCrude oil +5

Revenergy Introduces Revolutionary Hydrogen Sulphide Mitigation System

Treats to 4 ppmw with no volume loss, no chemical contamination and no emissions   (ABERDEEN, South Dakota) – RevEnergy today announced the introduction of the RevH 2 S TM , a hydrogen sulfide (H 2 S) mitigation system that safely reduces H 2 S gasses in sour crude to ...

Kristen Quinn


Posted 3 months agoPress > HydrogenMitigatingMitigation +1