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- 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 barrel of the world's most traded commodity costs.
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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 · Surging U.S. crude exports have more than compensated for dwindling North Sea output. The supply of the five grades of North Sea crude that can be delivered into Dated Brent fell to about 537,000 bpd in June from about 607,000 bpd a year earlier, according to loading programs.
Jun 12, 2024 · HOUSTON, June 12 (Reuters) - U.S. crude oil imports rose last week to their highest since 2018, the U.S. Energy Information Administration said on Wednesday, as volumes from Mexico...
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 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 ...
Jun 20, 2024 · U.S. oil production was unchanged at 13.2 million barrels per day in the latest week, the EIA said, while crude stocks at the Cushing, Okla., Nymex delivery hub rose by 300,000 barrels to 34.1...
