The One Thing That Could Derail The U.S. Oil Boom
Two South Korean refiners have canceled the delivery of U.S crude oil cargoes that were due to arrive in January and February this year, Bloomberg reported earlier this week. It Continue Reading
US oil, gas rig count continues downward slip, falls 6 on week to 1,077
Permian saw 3-rig drop after a few weeks of gains E&Ps will likely stick to capex despite higher oil prices Houston — Receive daily email alerts, subscriber notes & personalize Continue Reading
Oil Falls After EIA Reports Crude Build
Crude oil prices fell slightly after the Energy Information Administration reported a moderate build in U.S. crude oil inventories for the week to March 22. These added 2.8 million barrels Continue Reading
The Effects of Changes to Marine Fuel Sulfur Limits in 2020 on Energy Markets
Introduction With a planned effective date of January 1, 2020, the International Maritime Organization’s (IMO) new regulations (IMO 2020) limit the sulfur content in marine fuels that ocean-going vessels use Continue Reading
U.S. crude stockpiles rise unexpectedly as exports slow -EIA
U.S. crude oil stocks rose unexpectedly last week after a fire disrupted movements on the Houston Ship Channel and slowed exports, while gasoline and distillate inventories fell more than forecast, Continue Reading
Weekly Petroleum Status Report
Summary of Weekly Petroleum Data for the week ending March 22, 2019 U.S. crude oil refinery inputs averaged 15.8 million barrels per day during the week ending March 22, 2019, Continue Reading
Dallas Fed: Energy Sees Modest Activity Increases in 1Q 2019
The quarterly survey of executives from E&P and oilfield services firms in the 11th District reveals a quarter-over-quarter increase in the business activity index. Activity in the energy sector increased Continue Reading
Next US Shale Wave Will Need Fewer Heads, Different Skills
U.S. shale oil and gas explorers are once again in the limelight, following the International Energy Agency’s forecast that a “second” shale revolution was on the horizon. The next wave would Continue Reading
US official says shale boom has fueled support for Israel
The US shale boom has made it possible for the Trump administration to take stronger positions in support of Israel, including recognizing its sovereignty over the Golan Heights because it Continue Reading
Texas Needs 11,000 More Miles Of Pipelines
Texas will need an additional 10,950 miles of oil and gas pipelines to accommodate rising production over the years to 2050, an IHS Markit study quoted by S&P Global Platts Continue Reading