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Category: Oil Supply

Category:
  • Shale Oil

U.S. drillers add oil rigs for first week in three: Baker Hughes

U.S. energy companies this week added oil rigs for the first time in three weeks but the rate of growth has slowed over the past month or so with a Continue Reading

Posted On : 7 Jul 2018 Published By : Tom Whipple
Category:
  • Shale Oil

U.S. Oil Rig Count Inches Higher As WTI Pops

Baker Hughes reported an increase in the number of active oil rigs in the United States today. The overall rig count increased by 5 rigs , according to the report, Continue Reading

Posted On : 7 Jul 2018 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Weekly Petroleum Status Report

Summary of Weekly Petroleum Data for the week ending June 29, 2018 U.S. crude oil refinery inputs averaged 17.7 million barrels per day during the week ending June 29, 2018, Continue Reading

Posted On : 6 Jul 2018 Published By : Tom Whipple
Category:
  • Oil Supply

Ghost ships no more: Explorers resume oil, gas search as prices perk up

A growing fleet of ships is scanning oceans in search of new oil and gas fields as energy companies, now with more cash thanks to stronger crude prices, gradually resume Continue Reading

Posted On : 5 Jul 2018 Published By : Tom Whipple
Category:
  • Canada
  • Tar Sands

Syncrude site takes step toward restarting, but timetable unchanged

The Syncrude oil sands site in northern Alberta is commissioning its steam systems, taking an important step toward restarting, its majority owner Suncor Energy Inc ( SU.TO ) said on Continue Reading

Posted On : 5 Jul 2018 Published By : Tom Whipple
Category:
  • Oil Supply
  • p-

USA and World Oil Production

All data below is from various sources. All US data is from the EIA. Unless otherwise noted is in thousand barrels per day. USA data is through April. C+C production Continue Reading

Posted On : 5 Jul 2018 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Trump May Tap Strategic Petroleum Reserve To Lower Prices At The Pump

As Independence Day approaches, AAA reports that a record-breaking 46.9 million Americans will travel 50 miles or more away from home, an increase of more than five percent compared with Continue Reading

Posted On : 5 Jul 2018 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Petroleum, natural gas, and coal still dominate U.S. energy consumption

 U.S. Energy Information Administration, Monthly Energy Review Today in Energy would like to wish you a happy Fourth of July. New articles will resume on Monday, July 9. Fossil fuels—petroleum, Continue Reading

Posted On : 4 Jul 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Permian Bottlenecks Come At The Worst Moment

The growing number of supply outages around the world are causing the oil market to become a lot more volatile, putting extra emphasis on every barrel that does or does Continue Reading

Posted On : 4 Jul 2018 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Oil Prices Head Higher On Huge Crude Draw

As oil prices continue to fall, the American Petroleum Institute (API) reported another major draw of 4.5 million barrels of United States crude oil inventories for the week ending June Continue Reading

Posted On : 4 Jul 2018 Published By : Tom Whipple

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