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3 days ago · Wed, Jun 26, 2024, 12:35 PM 2 min read. (Bloomberg) -- Oil settled little changed after swinging between losses and gains as US petroleum stockpiles rose to the highest in more than three years ...
2 days ago · Dry natural gas production increased 4% in 2023 - logging a 58% rise since 2013 - and crude-oil production has grown 69% since 2013. Crude production is up 9% from 2022.
5 days ago · The two-week gains in crude oil prices represent a 7% increase for both Brent and WTI futures. The Brent futures expiring on 25 September jumped to as high as $86.24 per barrel, the highest seen ...
4 days ago · After falling in 2020 in step with crude oil production, EIA projects that associated natural gas will return to 2019 levels in 2024 and then steadily increase at a modest rate through 2050, primarily driven by increased drilling in the Permian.
3 days ago · Imports of crude oil rose to 3.1 million barrels per day (bpd) in May, the highest since July 2022, data from ship tracking service Kpler showed. Imports so far this month have remained strong, at ...
4 days ago · The WTI-Brent spread has become a true indicator of value for U.S. crude exporters. With the spread trading between a $1 and $2 per barrel discount to Brent, increased volumes of WTI-linked crude oils may flow to countries outside of the U.S. and Canada.
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4 days ago · The WTI-Brent spread has become a key indicator for U.S. crude oil exporters and overseas buyers. The spread is actively traded on CME as CL/BZ, and typically represents the cost of transportation via pipeline and ship from the U.S. to European markets.
