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- The largest statewide increase in crude oil production in 2020 was in New Mexico, where it increased by 133,000 b/d (15%) to a record annual average high of 1.04 million b/d. The growth in New Mexico came from the Permian Basin, which spans parts of western Texas and eastern New Mexico.
www.eia.gov/todayinenergy/detail.php?id=47056U.S. crude oil production fell by 8% in 2020, the largest ...
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Mar 9, 2020 · To construct a base case for oil demand in 2020, this report draws on a wide range of data sources, including initial data for transport fuel demand, the most affected sector, and recently revised global GDP estimates by the Organisation for Economic Co-operation and Development (OECD).
- Key oil trends 2020 – Analysis - IEA
In 2020, Canada had the largest share of imports of crude...
- Oil Market Report - October 2020 – Analysis - IEA
Preliminary data for September show that crude stocks in the...
- Key oil trends 2020 – Analysis - IEA
Mar 9, 2021 · The largest statewide increase in crude oil production in 2020 was in New Mexico, where it increased by 133,000 b/d (15%) to a record annual average high of 1.04 million b/d. The growth in New Mexico came from the Permian Basin, which spans parts of western Texas and eastern New Mexico.
Apr 9, 2021 · In 2020, Canada had the largest share of imports of crude oil, NGL and refinery feedstocks to OECD countries (+7.8%), taking the lead from Russia, which is now the second largest contributor (+7.0%). Despite providing fewer imports to OECD countries, due to lower demand and OPEC+ efforts to balance supply amidst the Covid-19 pandemic, Saudi ...
Oct 14, 2020 · Preliminary data for September show that crude stocks in the US and Japan fell by 6.5 mb and 1.8 mb, respectively, while those in Europe rose by 3.3 mb. Implied global stocks fell by 2.3 mb/d in 3Q20 and are projected to fall by 4.1 mb/d in 4Q20.
Canadian crude oil and equivalent (condensate and pentanes plus) production stood at 4.5 million barrels per day (mmbpd) in 2020, the fourth highest in the world behind United States, Russia, and Saudi Arabia (Chart 1). This was up from 14th place two decades ago.
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Mar 13, 2020 · A combined demand and supply shock is likely to test new oil price lows, and the excess stocks that are accumulated will be difficult to work off. The supply overhang looks so daunting right now that even robust companies will face significant threats to their business.
Mar 25, 2020 · As of Friday 20 March 2020, the spot price for West Texas Intermediate (WTI) crude oil decreased by 65% from its price on 6 January 2020. Over the same time period, the price for Western Canadian Select (WCS) crude oil in Alberta fell by 72% from US$40 per barrel (US$/bbl) to US$11/bbl.
