EIA Short-Term Energy Outlook
Winter Fuels Outlook EIA forecasts that average U.S. household expenditures for most major home heating fuels will be higher this winter compared with last winter. Average increases vary by fuel; Continue Reading
U.S. Oil Companies Face $240 Billion Debt Mountain
U.S. oil producers are facing debt of US$240 billion maturing until 2023, of which some 15 percent will be rated with the lowest rating of Caa, Moody’s said in a Continue Reading
US Gulf operators shut in 42% of oil, 32% of gas production due to Hurricane Michael: BSEE
Roughly 42% of US Gulf of Mexico oil production and nearly 32% of natural gas output has been shut-in ahead of the arrival of Hurricane Michael, the US Bureau of Continue Reading
Satellites Aid the Chase for Better Information on Oil Supplies
In a wing of a massive former bank building here in the French capital, dozens of youthful women and men gather around computer screens. This collection of around 100 mathematicians, Continue Reading
U.S. Gulf of Mexico producers cut oil output by 40 percent ahead of Hurricane Michael
Producers in the U.S. Gulf of Mexico on Tuesday cut oil production by about 40 percent and natural gas output by 28 percent as Hurricane Michael approached the Florida coast, Continue Reading
A New Era Of Geopolitical Risk In Global Oil Markets
Amid never ending talk and speculation over how many more barrels of Iranian oil will be removed from global markets once sanctions slated to hit Iran’s oil production on November Continue Reading
Oil market is balanced, says Qatar energy minister
The oil market is balanced in terms of supply and demand, Qatar’s Energy Minister Mohammed al-Sada said on Sunday. “Geopolitical changes” are the reason for the recent rise in crude Continue Reading
Mexican Pipeline Delays To Impact U.S. Gas Flows
On October 3, 2018, we received confirmation that the in-service date for two new Mexican pipelines is delayed. These delays change our forecast for Mexican supply, leading to higher-than-expected LNG Continue Reading
EPIC Midstream to convert NGL pipeline to crude to aid Permian bottleneck
EPIC Midstream said it will temporarily convert the multibillion-dollar natural gas liquids pipeline it is building in Texas to crude oil service in order to help alleviate the pipeline shortage Continue Reading
Goldman Warns Of Oil Market Surplus Next Year
The oil market could swing into a surplus in early 2019 as spare capacity is deployed, Goldman Sachs said in a note to clients cited by Reuters. The investment bank’s Continue Reading