Post Tagged with: "EIA"

Source: EIA, EnerCom Analytics

Crude Inventory build of 2.2 million barrels

Weekly Crude Oil Storage as of November 8, 2019

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 2.2 million barrels from the previous week. At 449.0 million barrels, U.S. crude oil inventories …

November 14, 2019 - 10:35 am Closing Bell Story‎, Crude Oil News, Crude Oil Storage
Source: Reuters

Growth in global oil demand to slow from 2025: IEA

Reuters


Growth in global oil demand is expected to slow from 2025 as fuel efficiency improves and the use of electric vehicles increases, but consumption is unlikely to peak in the next two decades, the International Energy Agency said on …

Source: Reuters/Jose Nunez

Oil edges up ahead of U.S. storage data as OPEC, Fed see robust economy

Reuters


Oil prices edged up on Wednesday after the Organization of the Petroleum Exporting Countries said it saw no signs of global recession and rival U.S. shale oil production could grow by much less than expected in 2020.

Also supporting …

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Weekly Gas Storage: 34 Bcf build

Natural Gas Inventories as of November 1, 2019

Working gas in storage was 3,729 Bcf as of Friday, November 1, 2019, according to EIA estimates.

This represents a net increase of 34 Bcf from the previous week. Stocks were 530 …

U.S. crude oil inventories increase by 7.9 million barrels

U.S. crude oil inventories increase by 7.9 million barrels

Weekly Crude Oil Storage as of November 1, 2019

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 7.9 million barrels from the previous week. At 446.8 million barrels, U.S. crude oil inventories …

November 6, 2019 - 9:04 am Closing Bell Story‎, Crude Oil News, Crude Oil Storage
Source: Reuters

U.S. oil output soars to record 12.4 million bpd in August: EIA

Source: Reuters


NEW YORK (Reuters) – U.S. crude production soared nearly 600,000 barrels per day in August to record of 12.4 million, buoyed by a 30% increase in Gulf of Mexico output, according to government data released on Thursday.

The …

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Weekly Gas Storage: 89 Bcf build

Natural Gas Inventories as of October 25, 2019

The EIA has released its natural gas inventory report, showing a build of 89 Bcf.

Working gas in storage was 3,695 Bcf as of Friday, October 25, 2019, according to EIA estimates. …

Crude Inventory build of 5.7 Million barrels

Crude Inventory build of 5.7 Million barrels

Weekly Crude Oil Storage as of October 25, 2019

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 5.7 million barrels from the previous week. At 438.9 million barrels, U.S. crude oil inventories …

October 30, 2019 - 9:34 am Closing Bell Story‎, Crude Oil News, Crude Oil Storage
Source: AP/Matt Strasen

Oil falls on expectations of rising inventories at key U.S. hub

Source: Houston Chronicle


Oil declined for a second day on expectations of rising inventories at a key pricing point in Oklahoma.

Futures in New York fell as much as 1.4% after dropping 1.5% Monday. Genscape Inc. said oil stored at …

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Weekly Gas Storage: 87 Bcf build

Natural Gas Inventories as of October 18, 2019

The EIA has released its natural gas inventory report, showing a build of 87 Bcf.

Working gas in storage was 3,606 Bcf as of Friday, October 18, 2019, according to EIA estimates. …

Source: Reuters/Stringer

Oil rises on surprise U.S. crude drawdown, prospect of OPEC action

Source: Reuters


HOUSTON (Reuters) – Oil rose nearly 2% on Wednesday after government data showed a surprise draw in U.S. crude stocks and as the prospect of deeper output cuts by OPEC and its allies offered support.

U.S. crude stocks …

Crude Inventory draw of 1.7 Million barrels

Crude Inventory draw of 1.7 Million barrels

Weekly Crude Oil Storage as of October 18, 2019

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 1.7 million barrels from the previous week. At 433.2 million barrels, U.S. crude oil inventories are at …

October 23, 2019 - 11:31 am Closing Bell Story‎, Crude Oil News, Crude Oil Storage
Source: Jacob Ford, MBI / Associated Press

Are Congressional oil sales risking an oil price spike?

Source: Houston Chronicle


WASHINGTON – Plans to shrink the U.S. Strategic Petroleum Reserve by 40 percent over the next eight years risks a spike in global energy prices, a top official at the International Energy Agency warned the Senate Thursday.…

Source: EIA, EnerCom Analytics

Weekly Gas Storage: Inventories up 98 Bcf

Natural Gas Inventories as of October 4, 2019

The EIA has released its natural gas inventory report, showing another build of 98 Bcf as of October 4.

Working gas in storage was 3,415 Bcf as of Friday, October 4, 2019, …

Source: EIA, EnerCom Analytics

Weekly Gas Storage: Inventory growth continues by 112 Bcf

Natural Gas Inventories as of September 27, 2019

The EIA has released its natural gas inventory report, showing another build of 112 Bcf as of September 27.

Working gas in storage was 3,317 Bcf as of Friday, September 27, 2019, …

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Weekly Gas Storage: Inventories Grow by 102 Bcf

Natural Gas Inventories as of September 20, 2019

The EIA has released its natural gas inventory report, showing another build of 102 Bcf as of September 20.

Working gas in storage was 3,205 Bcf as of Friday, September 20, 2019, …

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Weekly Gas Storage: 84 Bcf Build

Natural Gas Inventories as of September 13, 2019

The EIA has released its natural gas inventory report, showing another build of 84 Bcf as of September 13.

Working gas in storage was 3,103 Bcf as of Friday, September 13, 2019, …

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Weekly Gas Storage: 78 Bcf Build

Compiled by Oil & Gas 360


Natural Gas Inventories as of September 6, 2019

The EIA has released its natural gas inventory report, showing another build of 78 Bcf as of September 6.

Working gas in storage was 3,019 Bcf …

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Weekly Gas Storage: 84 Bcf Build

Compiled by Oil & Gas 360


Natural Gas Inventories as of August 30, 2019

The EIA has released its natural gas inventory report, showing a build of 84 Bcf as of August 30.

Working gas in storage was 2,941 Bcf …

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Weekly Gas Storage: 60 Bcf Build

Compiled by Oil & Gas 360


Natural Gas Inventories as of August 23, 2019

The EIA has released its natural gas inventory report, showing a build of 60 Bcf as of August 23.

Working gas in storage was 2,857 Bcf …

An Oryx Midstream facility (source: Oryx Midstream Services)

Qatar May be Losing the Top Spot as World’s Biggest LNG Exporter

From CNBC


Qatar will lose its title as the world’s largest exporter of liquefied natural gas (LNG) within the next year, as Australia ramps up production on a slew of multi-billion dollar export projects.

“Australia and Qatar continued to jostle …

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Weekly Gas Storage: 59 Bcf Build

Compiled by Tyler Losier, Energy Reporter, Oil & Gas 360


Natural Gas Inventories as of August 16, 2019

The EIA has released its natural gas inventory report, showing a build of 59 Bcf as of August 16.

Working gas in …

Oil Eases as Fed’s Jackson Hole Meeting Gets Underway

Oil Eases as Fed’s Jackson Hole Meeting Gets Underway

From Reuters


Oil prices weakened on Thursday on worries about the global economy and as equity markets were on edge over the uncertain outlook for U.S. interest rate cuts.

Traders are awaiting a speech from Federal Reserve Chair Jerome Powell …

U.S. Oil Sector Sets Another Record in Another Sign of Energy Independence

U.S. Oil Sector Sets Another Record in Another Sign of Energy Independence

From The Houston Chronicle


The U.S. energy sector broke another record last year as the shale boom sent natural gas and petroleum production soaring.

U.S. petroleum and natural gas production jumped by 16 percent and by 12 percent respectively in …

Cushing, Okla., is one of the United States oil facilities in the Keystone Pipeline System.

TransCanada’s 4,250-kilometre (2,640 mile) Keystone Pipeline System transports approximately 20 per cent of western Canadian crude oil exports to key refineries in the U.S. Midwest and Gulf Coast, where it is converted into fuel and other useful petroleum products.

U.S. Crude Stockpiles Fall, with Cushing Down for a Seventh Week – EIA

From Reuters


U.S. crude oil stockpiles fell more than expected last week with supplies at the Cushing, Oklahoma hub dropping for a seventh week, while gasoline and distillate inventories rose, the Energy Information Administration said on Wednesday.

Crude inventories fell …

Courtesy of Chesapeake

Oil Steadies as Hopes of Easing Trade Tensions Lend Support

From Reuters


Oil prices steadied on Tuesday on optimism U.S.-China trade tensions will ease and hopes major economies will take stimulus measures to ward off a possible economic slowdown, after falling earlier on concerns over future demand.

Brent crude LCOc1 …

Source: Cameron LNG Media Kit

LNG Takes up 7 Percent U.S. Gas Production in July

From The Houston Chronicle


U.S. LNG exports have expanded to the point they made up 7 percent of total U.S. natural gas production in July, the Energy Information Administration reported Monday.

Last month gas deliveries to LNG export facilities reached …

August 19, 2019 - 6:03 am Closing Bell Story‎, Energy News, LNG, Natural Gas News, Trade
Oil Rises 2% After Attack on Saudi Field, Stimulus Expectations

Oil Rises 2% After Attack on Saudi Field, Stimulus Expectations

From Reuters


Oil prices gained roughly 2% on Monday after a weekend attack on a Saudi oil facility by Yemen’s Houthi forces threatened crude supplies and as traders looked for signs that top economies would take measures to counteract a …

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Weekly Gas Storage: 49 Bcf Build

Compiled by Tyler Losier, Energy Reporter, Oil & Gas 360


Natural Gas Inventories as of August 9, 2019

The EIA has released its natural gas inventory report, showing a build of 49 Bcf as of August 9.

Working gas in …

Oil Deepens Slide on Recession Fears, China’s Trade Threats

Oil Deepens Slide on Recession Fears, China’s Trade Threats

From Reuters


Oil prices fell more than 1% on Thursday, extending the previous session’s 3% drop, pressured by mounting recession concerns and a surprise boost in U.S. crude inventories.

In a sign of investor concern that the world’s biggest economy …