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Jun 12, 2024 · HOUSTON, June 12 (Reuters) - U.S. crude has dominated global benchmark oil pricing in the year since booming shale exports joined the mix of European crude used to calculate how much a...
Jun 5, 2024 · U.S. crude oil stockpiles rose unexpectedly last week, while gasoline and distillate inventories also increased as refining ramped up and demand fell despite the kick-off of the summer driving...
Jun 12, 2024 · US Gulf Coast refining profitability slipped back to six-month lows but remains above European levels. 2024 and 2025 crude runs forecasts are 100 kb/d higher than last month’s Report, at 83.5 mb/d and 84.2 mb/d, respectively.
Jun 11, 2024 · U.S. crude oil output in 2024 is expected to rise more than previously forecast to 13.24 million barrels, its highest ever, EIA said. U.S. crude oil stocks fell by 2.428 million barrels...
Jun 11, 2024 · U.S. crude oil production grows in our forecast by 2% from 2023 to an annual average of 13.2 million barrels per day (b/d) in 2024 and by another 4% in 2025 to 13.7 million b/d. Increasing production is led by the Permian region, which is the source of almost 50% of domestic crude oil production, followed by the Eagle Ford region and the ...
May 31, 2024 · U.S. crude oil production rose in March to its highest this year, while product supplied fell, data from the Energy Information Administration showed on Friday. Crude output rose by 0.6% to 13.2 million barrels per day (bpd) in March, the highest since December.
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Jun 12, 2024 · Still, a later report showing rising US crude and gasoline inventories knocked crude off its highs for the day and even briefly sent oil into negative territory. The consumer price data...
