U.S. crude oil stocks fell by nearly 13 million barrels last week, the most in nearly three years, as exports hit a record high, the Energy Information Administration said on Continue Reading
Summary of Weekly Petroleum Data for the week ending June 21, 2019 U.S. crude oil refinery inputs averaged 17.3 million barrels per day during the week ending June 21, 2019, Continue Reading
The accelerated production of shale wells leaves them uniquely positioned to take advantage of the peaks and plateaus in oil prices. Since the early days of shale oil and gas Continue Reading
(Reuters) – Eliminating fossil fuels from the U.S. power sector, a key goal of the “Green New Deal” backed by many Democratic presidential candidates, would cost $4.7 trillion and pose Continue Reading
Philadelphia Energy Solutions (PES) will seek to permanently shut its oil refinery in the city after a massive fire caused substantial damage to the complex, the company confirmed on Wednesday, Continue Reading
Britain’s new target to reach net zero greenhouse gas emissions by 2050 became law on Thursday, making it the first among the major G7 countries to set such a goal. Continue Reading
Oil prices hit their highest level in nearly a month on Wednesday, buoyed by an outage at a major refinery on the U.S. East Coast and industry data that showed Continue Reading
The American Petroleum Institute (API) reported a large crude oil inventory draw of 7.55 million barrels for the week ending June 20, but still coming in over analyst expectations of Continue Reading
Oil prices climbed higher on Tuesday as investors shifted focus from trade war worries to the growing tension between Iran and the United States. (Click to enlarge) (Click to enlarge) Continue Reading
Oil prices were mixed on Tuesday ahead of data expected to show U.S. crude stocks declining, outweighing investors’ concerns that U.S.-China trade tensions could dampen fuel demand. barrel. U.S. crude Continue Reading
