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2 days ago · In other parts of the world, namely Europe and North America, the growth in EV sales has had a negligible impact on oil demand, which, per the Energy Institute, fell by 1% in Europe and 0.8% in ...
1 day ago · North America Crude Supply & Pricing July 2024.xlsx. XLSX 1.16 MB. Document. North American Crude Market July 2024 Short Term Outlook Slidepack.pdf. PDF 1.64 MB. Document. WCSB Supply & Diluent Outlook July 2024.xlsx. XLSX 9.49 MB. In this outlook, we roll out our view to 2026.
1 day ago · The United States also remained the world’s top oil consumer, averaging 19.0 million BPD in 2023. China was second at 16.6 million BPD, after a double-digit percentage increase from 2022. Top 10 ...
3 days ago · Figure I-Spindletop oil field. Spindletop was discovered in 1901. The first well, the Lucas Geyser, had a flow rate of 100,000 b/d upon discovery, more than all the world’s oil wells combined at the time. A feeding frenzy ensued at Spindletop after the Lucas Geyser discovery which led to intense development of the field as Figure I illustrates.
4 days ago · The report also highlights areas where United States’ leadership can serve as an example in promoting secure clean energy transitions. It also promotes the exchange of best practices among countries to foster learning, build consensus and strengthen political will for a sustainable and affordable clean energy future. Published July 2024.
3 days ago · Production has continued to increase, though more slowly. Lower 48 output was up by 0.5 million b/d (4.8%) in April 2024 compared with a year earlier, with growth down from 0.9 million b/d (9.5% ...
4 days ago · Oil prices climbed nearly 1% today, extending gains to two-month highs on expectations of rising demand during the summer driving season and possible supply disruptions from Hurricane Beryl.
