U.S. crude oil refinery inputs averaged over 16.6 million barrels per day during the week ending November 10, 2017, 334,000 barrels per day more than the previous week’s average. Refineries Continue Reading
As the Mainstream media reports about the next phase of the glorious U.S. Shale Oil Revolution, the financial carnage continues to gut the industry deep down inside the entrails of Continue Reading
The world’s consumers are not yet ready to say goodbye to the era of oil. The world’s consumers are not yet ready to say goodbye to the era of oil, Continue Reading
U.S. expansion to beat Saudi oil growth, Soviet Union’s gas Lower crude prices will help buoy global demand, agency says The U.S. will be a dominant force in global oil Continue Reading
U.S. crude and gasoline stockpiles rose unexpectedly last week, while distillate inventories drew, industry group the American Petroleum Institute said on Tuesday. Crude inventories rose by 6.5 million barrels in Continue Reading
Growth in US oil output until 2025 will be the strongest seen by any country in the history of crude markets, making it the “undisputed” leader among global producers, the Continue Reading
Oil producers discouraged by the rising cost of accessing the vast deposits of the Permian Basin are sneaking into a geological back door, through neighboring New Mexico. Oil producers discouraged Continue Reading
The oil market is exhibiting signs of having reached a “new normal,” according to the IEA, with the floor for oil prices jumping from $50 to $60 per barrel. But Continue Reading
Royal Dutch Shell Plc said it was in the process of developing a plan for repairing the damaged parts at its Enchilada platform and re-deploying personnel following its shutdown after Continue Reading
Royal Dutch Shell said on Tuesday that production at four oil platforms in the Gulf of Mexico has been shut in the wake of a Nov. 8 fire at its Continue Reading
