Post Tagged with: "crude oil"

Source: Bloomberg

Imperial announces first quarter 2021 financial and operating results

Imperial Oil Limited (TSX, NYSEAM: IMO): Net income of $392 million in th…

Source: Reuters

ExxonMobil earns $2.7 billion in first quarter 2021

First Quarter 2021 Results and Management Perspectives Cash flow from operati…

Chevron announces first quarter 2021 results

Chevron announces first quarter 2021 results

Earnings of $1.4 billion; adjusted earnings of $1.7 billion Capital spending…

Valero Energy reports first quarter 2021 results

Valero Energy reports first quarter 2021 results

Reported a net loss attributable to Valero stockholders of $704 million, or $1.73 per…

Source: Reuters

Exclusive: Incoming Petrobras CEO says he has no plans to push out executives

Reuters


RIO DE JANEIRO – Joaquim Silva e Luna, the incoming CEO of Brazil’s state-run oil company Petrobras, told Reuters that at least part of the executive board could stay on when he takes over in April, a signal that …

Source: Reuters

Column: Hedge funds stay bullish as OPEC+ supports oil

Reuters


LONDON  – Hedge funds were small buyers of petroleum in the most recent week, reversing small sales in the two previous weeks, as the outlook for prices becomes more uncertain after a strong four-month rally.

Hedge funds and other …

Source Reuters

Real-time oil appetite catches up with futures rally

Reuters


LONDON/SINGAPORE/MOSCOW – Sales of physical crude oil are gaining pace at higher prices following a rally in the futures market, traders and analysts said, as expectations mount of near-term increases in demand.

Global benchmark Brent futures are trading above …

The Energy Venture Investment Summit-Arcadia Minerals Interview

The Energy Venture Investment Summit-Arcadia Minerals Interview

Oil and Gas 360


Publishers Note: Looking to permit and develop two advanced stage critical minerals deposits in Wyoming : Arcadia Minerals – Presenting tomorrow Feb 11, 2021 at 11:05 a.m., at The Energy Venture Investment Summit presented

The Energy Venture Investment Summit-US Strategic Minerals Interview

The Energy Venture Investment Summit-US Strategic Minerals Interview

Oil and Gas 360


Publishers Note: A new dawn of commercialization of CO2 capture: US Strategic  Minerals – Presenting tomorrow February 11, 2021 at 9:25 a.m., at The Energy Venture Investment Summit presented by EnerCom and Colorado School of

The Energy Venture Investment Summit-Cowboy Clean Fuels Interview

The Energy Venture Investment Summit-Cowboy Clean Fuels Interview

Oil and Gas 360


Publishers Note: Utilize subsurface coal seams as geobio-reactors to produce low-carbon renewable natural gas : Cowboy Clean Fuels – Presenting tomorrow February 11, 2021 at 9:05 a.m. at  The Energy Venture Investment Summit presented by

The Energy Venture Investment Summit-Aureus Energy Services Interview

The Energy Venture Investment Summit-Aureus Energy Services Interview

Oil and Gas 360


Publishers Note: Creating innovation solutions to water management with Aureus Energy Services– Presenting tomorrow February 10, 2021 at 8:45 a.m., at The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines –

The Energy Venture Investment Summit-Ajax Analytics Interview

The Energy Venture Investment Summit-Ajax Analytics Interview

Oil and Gas 360


Publishers Note: Full-service environmental monitoring and advanced data analytics software on a subscription basis: Ajax Analytics – Presenting tomorrow February 10, 2021 at 9:05 a.m., at The Energy Venture Investment Summit presented by EnerCom and

The Energy Venture Investment Summit-SCFCan Interview

The Energy Venture Investment Summit-SCFCan Interview

Oil and Gas 360


Publishers Note: Proprietary clean technology recovers valuable components from industrial waste streams in various sectors: SCFCan – Presenting tomorrow  February 10, 2021 at 10:45 a.m., at The Energy Venture Investment Summit presented by EnerCom and

The Energy Venture Investment Summit-Exum Instruments Interview

The Energy Venture Investment Summit-Exum Instruments Interview

Oil and Gas 360


Publishers Note: Instruments and software ecosystems to increase the speed of materials development and discovery: Exum Instruments – Presenting tomorrow February 10, 2021 at 11:25 a.m., at The Energy Venture Investment Summit presented by EnerCom

The Energy Venture Investment Summit- Project Canary Interview

The Energy Venture Investment Summit- Project Canary Interview

Oil and Gas 360


Publishers Note: Independent assessment of carbon and environmental footprints: Project Canary – Presenting on February 10, 2021 at 9:45 a.m., at The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines –

The Energy Venture Investment Summit-Exum Instruments Interview

The Energy Venture Investment Summit-Exum Instruments Interview

Oil and Gas 360


Publishers Note: Instruments and software ecosystems to increase the speed of materials development and discovery: Exum Instruments – Presenting on February 10, 2021 at 11:25 a.m., at The Energy Venture Investment Summit presented by EnerCom

The Energy Venture Investment Summit-SCFCan Interview

The Energy Venture Investment Summit-SCFCan Interview

Oil and Gas 360


Publishers Note: Proprietary clean technology recovers valuable components from industrial waste streams in various sectors: SCFCan – Presenting on February 10, 2021 at 10:45 a.m., at The Energy Venture Investment Summit presented by EnerCom and

The Energy Venture Investment Summit-Ajax Analytics Interview

The Energy Venture Investment Summit-Ajax Analytics Interview

Oil and Gas 360


Publishers Note: Full-service environmental monitoring and advanced data analytics software on a subscription basis: Ajax Analytics – Presenting on February 10, 2021 at 9:05 a.m., at The Energy Venture Investment Summit presented by EnerCom and

The Energy Venture Investment Summit-US Strategic Minerals Interview

The Energy Venture Investment Summit-US Strategic Minerals Interview

Oil and Gas 360


Publishers Note: A new dawn of commercialization of CO2 capture: US Strategic  Minerals – Presenting on February 11, 2021 at 9:25 a.m., at The Energy Venture Investment Summit presented by EnerCom and Colorado School of

The Energy Venture Investment Summit-Cowboy Clean Fuels Interview

The Energy Venture Investment Summit-Cowboy Clean Fuels Interview

Oil and Gas 360


Publishers Note: Utilize subsurface coal seams as geobio-reactors to produce low-carbon renewable natural gas : Cowboy Clean Fuels – Presenting on February 11, 2021 at 9:05 a.m. at  The Energy Venture Investment Summit presented by

The Energy Venture Investment Summit-Arcadia Minerals Interview

The Energy Venture Investment Summit-Arcadia Minerals Interview

Oil and Gas 360


Publishers Note: Looking to permit and develop two advanced stage critical minerals deposits in Wyoming : Arcadia Minerals – Presenting on Feb 11, 2021 at 11:05 a.m., at The Energy Venture Investment Summit presented

The Energy Venture Investment Summit-Aureus Energy Services Interview

The Energy Venture Investment Summit-Aureus Energy Services Interview

Oil and Gas 360


Publishers Note: Creating innovation solutions to water management with Aureus Energy Services– Presenting on February 10, 2021 at 8:45 a.m., at The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines –

Source: Reuters

Column: Hedge fund positions in crude, gasoline start to look stretched

Reuters


LONDON  – Hedge funds boosted their bullish petroleum positions last week, focusing on crude and gasoline, betting on continued output restraint by OPEC+ and an early resumption in domestic business activity.

But they sold middle distillates, likely reflecting concerns …

In 2019, the U.S. imported $13 billion of energy goods from Mexico, exported $34 billion

In 2019, the U.S. imported $13 billion of energy goods from Mexico, exported $34 billion

EIA

Oil & Gas 360 Publishers Note: With the uncertainty of OPEC and OPEC + to control inventories, it would make sense for a national security to create the North American Oil Produces Consortium (NOPC) with Canada, US and Mexico.

Covid impacts crude oil tanker rates and are likely to remain low until global petroleum demand increases

Covid impacts crude oil tanker rates and are likely to remain low until global petroleum demand increases

EIA

Oil & Gas 360 Publishers Note: We have been covering the floating storage issues on our Daily Energy Market  News Desk, and the subsequent impact on world crude pricing. 

In March and April 2020, reduced demand for crude …

October 28, 2020 - 7:45 am Crude Oil News, International, Marine Shipping, Storage
EIA World liquid fuels production outages have increased in 2020

EIA World liquid fuels production outages have increased in 2020

EIA

Disruptions to crude oil and condensate production from members of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries have risen considerably since last year. These outages have contributed to reduced liquid fuel supply and, along with …

Source: Reuters

Column: Shrinking U.S. oil stocks point to market rebalancing – Kemp

Reuters


LONDON  – Excess petroleum inventories are being absorbed as lower prices compel U.S. shale producers and the members of OPEC+ to limit their output, confirming the market is on course to rebalance in 2021.

In the United States, total …

October 8, 2020 - 2:00 pm Closing Bell Story‎, Crude Oil News, Energy News, Finance
Fossil fuels account for the largest share of U.S. energy production and consumption

Fossil fuels account for the largest share of U.S. energy production and consumption

EIA


Fossil fuels, or energy sources formed in the Earth’s crust from decayed organic material, including petroleum, natural gas, and coal, continue to account for the largest share of energy production and consumption in the United States. In 2019, 80% …

Source: Reuters

Crude oil or cooking oil? For some U.S. refiners, it’s now a choice

Reuters


NEW YORK – Refiners have always produced fuel using crude oil. Now some are using grease.

A slump in demand for gasoline since the onset of the coronavirus pandemic has several refining companies accelerating their plans to retrofit facilities …

August 27, 2020 - 9:32 am Closing Bell Story‎, Crude Oil News, Energy News
EIA: Forecast Highlights

EIA: Forecast Highlights

EIA


Forecast Highlights

  • The August Short-Term Energy Outlook (STEO) remains subject to heightened levels of uncertainty because mitigation and reopening efforts related to the 2019 novel coronavirus disease (COVID-19) continue to evolve. Reduced economic activity related to the COVID-19 pandemic
August 11, 2020 - 3:00 pm Closing Bell Story‎, EIA News That Matters, Energy News