OPEC: Deeper crude oil output cuts?
OPEC and its associated non-OPEC producers’ decision in May to extend their output cuts through to end-March 2018 has not been met with overwhelming enthusiasm.
OPEC and its associated non-OPEC producers’ decision in May to extend their output cuts through to end-March 2018 has not been met with overwhelming enthusiasm.
The American steel industry is desperately in need of relief, but it's not what you think. Tom Balcerek examines the uncertainty in the US steel markets stemming from the Section 232 investigation.
Hydro generation in the West has risen to new levels, which has pulled down power prices and cut back usage of other generation sources.
(Thu, 29 Jun 2017) The difference between high-sulfur residual fuel oil prices in Singapore and crude oil prices in Dubai/Oman has been narrowing since the spring. Low inventories of residual fuel oil in Singapore and lower residual fuel oil production from Russia are likely contributing to the narrowing price spread.
(Thu, 29 Jun 2017) Natural gas net imports set a record low of 685 billion cubic feet (Bcf) in 2016, continuing a decline for the 10th consecutive year. U.S. exports were more than three times larger than the level 10 years ago as a result of significant infrastructure improvements to natural gas pipelines and liquefied natural gas facilities. These changes are discussed in the U.S. Natural Gas Imports & Exports 2016 report.
The US is grappling with renewables like WWS — wind, water and solar — which means sometimes academic publications look a bit like a WWE match.
(Wed, 28 Jun 2017) Fuel ethanol production capacity in the United States reached 15.5 billion gallons per year, or 1.01 million barrels per day (b/d), at the beginning of 2017, according to EIA's most recent <i>U.S. Fuel Ethanol Plant Production Capacity</i> report.
Neil Ford on how further evidence that the tide is moving quickly in favor of renewables in the Midast and N. Africa is being provided by the rejuvenation of the sector in Egypt.
(Tue, 27 Jun 2017) U.S. crude oil and petroleum product gross exports have more than doubled over the past six years, increasing from 2.4 million barrels per day (b/d) in 2010 to 5.2 million b/d in 2016. Exports of distillate, gasoline, propane, and crude oil have all increased, but at different paces and for different reasons.
Richard Anderson, who retired from Delta last year after nine years of running the airline, will serve as co-chief executive with Charles Moorman until Dec. 21.