The foreign policy professionals US president-elect Joe Biden has picked for top positions in his administration have outlined plans for a less muscular, less prominent US role in the Middle East. Former deputy secretary of state Tony Blinken will be Biden’s nominee to lead the State Department, while former State Department policy planning chief Jake […]
Read More US to try another Middle East reset under Biden | Argus MediaSeptember 22, 2020 U.S. crude oil exports reached a record high in February 2020 and have since fallen in each month, based on data through June, according to the U.S. Energy Information Administration’s (EIA) Petroleum Supply Monthly. However, U.S. crude oil exports in the first half of the year are still higher than they were in […]
Read More U.S. crude oil exports have fallen in each month since their record high in February – Today in Energy – U.S. Energy Information Administration (EIA)Published: Aug. 11, 2020 at 4:39 p.m. ET By Myra P. Saefong The American Petroleum Institute reported late Tuesday that U.S. crude supplies dropped by 4.4 million barrels for the week ended Aug. 7, according to sources. The API data also reportedly showed gasoline stockpiles declined by 1.3 million barrels, while distillate inventories were down […]
Read More API data show a more than 4 million-barrel weekly decline in U.S. crude supplies, sources say – MarketWatchWASHINGTON (DTN) — After trading in narrow ranges for most of the session, West Texas Intermediate crude futures on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange pushed higher late Monday afternoon, buoyed by a free fall in the U.S. dollar and prospects of a new massive stimulus bill set to […]
Read More Crude Futures Range Bound; Demand Recovery Falters | By Liubov Georges , DTN Energy Reporter(Bloomberg) — Crude prices in America’s oil capital are getting dangerously close to zero.Buyers bidding for crude in Texas, the birthplace of the shale revolution, are offering as little as $2 a barrel for some oil streams, a precipitous markdown from a month ago. The slumping value of physical barrels — Read on finance.yahoo.com/news/texas-oil-2-barrel-raises-120000398.html
Read More Texas Oil at $2 a Barrel Raises Specter of Negative Prices | BloombergAsia’s crude oil imports from the United States climbed to a record in August, but that may be as good as it gets for some time – and it’s not just the escalating trade war between Washington and Beijing to blame. — Read on http://www.reuters.com/article/column-russell-crude-usa-asia/column-asias-imports-of-u-s-crude-hit-record-but-pullback-likely-russell-idUSL3N25U1CC
Read More COLUMN-Asia’s imports of U.S. crude hit record, but pullback likely: Russell – ReutersU.S. natural gas and crude oil production increased last year at the fastest pace ever for a single country. — Read on http://www.bloomberg.com/news/articles/2019-06-11/u-s-oil-gas-output-surges-the-most-ever-for-a-single-country
Read More U.S. Oil, Gas Output Surges the Most Ever for a Single Country – BloombergEIA data show an unexpected weekly climb in U.S. crude supplies Myra P. Saefong The Energy Information Administration on Wednesday reported that U.S. crude supplies rose by 5.4 million barrels for the week ended May 10. Analysts and traders expected a fall of 1.4 million barrels, on average, according to a survey by The Wall Street […]
Read More EIA data show an unexpected weekly climb in U.S. crude supplies – MarketWatchNEW YORK (Reuters) – U.S. crude oil production is expected to rise by 1.49 million barrels per day (bpd) in 2019 to average 12.45 million bpd, the U.S. Energy Information Administration (EIA) said on Tuesday, up from its previous forecast for a rise of 1.43 million bpd. The EIA forecast output in 2020 will rise […]
Read More EIA raises forecast for 2019, 2020 U.S. crude output growth – ReutersU.S. crude oil production grew 17% in 2018, surpassing the previous record in 1970 – Today in Energy – U.S. Energy Information Administration (EIA) — Read on http://www.eia.gov/todayinenergy/detail.php
Read More U.S. crude oil production grew 17% in 2018, surpassing the previous record in 1970 – Today in Energy – U.S. Energy Information Administration (EIA)