Tag: EIA
Why US Fuel Oil Imports Have Not Been Lower Since WII...
US fuel oil imports were averaged lower in August than at any time since 1945, according to recent data from the Energy Information Administration...
US Fuel Stocks Hit Lowest Since September 2022
US fuel oil stocks have been drawn to their lowest level since September 2022 as supply, or implied demand, has surged to their highest...
Oil Export Plunge Deepens: Saudi Arabia’s 12% Drop
By agreeing to an additional voluntary production cut within OPEC (Organization of the Petroleum Exporting Countries) of 500,000 barrels per day in May and...
Those Missing Oil Barrels Have Been Found!
A recent news article published in the Washington Post speaks about the Mystery of the Missing Oil Barrels Is Solved.
A nod toward the old...
World Energy Demand Will Increase 50% By 2050
If current policy and technology trends continue, global energy consumption will grow by nearly 50% between 2020 and 2050, according to International Energy Outlook...
Crude Oil Futures Rebound after Overnight Plunge
Crude oil futures were higher in mid-morning Asian trade Aug. 4, rebounding from five-month lows after bearish US oil data and supply increases from...
US Weekly LNG Exports Rise To 18 Cargoes
A recent news article published in the LNG prime states that US weekly LNG exports rise to 18 cargoes, according to EIA.
LNG exports rise
US...
EU Crude Tanker Rates Surge Amid Geopolitical Instability & Fuel Costs
Geopolitical instability related to Russia’s invasion of Ukraine and rising bunker prices caused petroleum tanker rates for routes originating in Europe to rise to...
IMO 2020 Indirectly Causing 323 Million MT/Year CO2 Emissions Increase
The IMO 2020 transition may have indirectly led to an increase in global CO2 output of as much as 323 million mt/year, or almost...
Crude Oil Futures Slip After 2-day Surge Amid Easing Risks
Crude oil futures fell in mid-morning trade in Asia Feb. 15, giving up some gains after rising by more than $5/b over the last...