Post Tagged with: "Storage"

The Incoming Glut: Excessive Levels of Heavy Crude Supply in a Saturated Market

The Incoming Glut: Excessive Levels of Heavy Crude Supply in a Saturated Market

RarePetro


Oil & Gas 360 Publishers Note:  Kevin Olson has assembled great data points about the influx of fifty million barrels of foreign crude oil to the United States, and may offset most of the production cuts. Pushing out any

The Incoming Glut: Excessive Levels of Heavy Crude Supply in a Saturated Market

The Incoming Glut: Excessive Levels of Heavy Crude Supply in a Saturated Market

RarePetro

Oil & Gas 360 Publishers Note:  Kevin Olson has assembled great data points about the influx of fifty million barrels of foreign crude oil to the United States, and may offset most of the production cuts. Pushing out any

May 29, 2020 - 11:25 am Capital Markets, Crude Oil Storage, OPEC
360 Digital Closing Bell 5-20-2020

360 Digital Closing Bell 5-20-2020

The Great Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail.  The best 7 min summary of the energy markets. This is an up day in the market.

 

Rystad Energy posting that there

360 Digital Closing Bell 5-19-2020

360 Digital Closing Bell 5-19-2020

The Great Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail.  The best 7 min summary of the energy markets. This is an up day in the market.

 

OPEC+ and Saudi Arabia have

360 Digital Closing Bell 5-18-2020

360 Digital Closing Bell 5-18-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail.  The best 7 min summary of the energy markets. This is an up day in the market.

 

Majors in Europe are spending more on

360 Digital Closing Bell 5-15-2020

360 Digital Closing Bell 5-15-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail.  The best 7 min summary of the energy markets. There is a down day in the market, but we have a draw down on crude

360 Digital Closing Bell 5-14-2020

360 Digital Closing Bell 5-14-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail.  The best 5 min summary of the energy markets. There is a down day in the market, but we have a draw down on crude

360 Digital Closing Bell 5-13-2020

360 Digital Closing Bell 5-13-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail.  The best 5 min summary of the energy markets. There is a down day in the market, but we have a draw down on crude

Source: Forbes

Key Indicators On The Oil Price Path ‘After’ Covid-19

Forbes


Undoubtedly, the dominant factor in the oil market for the next twelve to twenty-four months will be the progress of the pandemic, which will reduce economic activity and thus oil demand to an uncertain degree and with unpredictable timing. …

360 Digital Closing Bell 5-8-2020

360 Digital Closing Bell 5-8-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail.  The best 5 min summary of the energy markets. The international news desk balanced power plan for South Africa with nuclear and more offshore layoffs.

360 Digital Closing Bell 5-7-2020

360 Digital Closing Bell 5-7-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail.  The best 5 min summary of the energy markets. We cover the the key issues of the day. The international news desk talks about the

360 Digital Closing Bell 5-6-2020

360 Digital Closing Bell 5-6-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail.  The best 5 min summary of the energy markets. We cover the the key issues of the day. The international news desk talks about Nigeria

360 Digital Closing Bell 5-4-2020

360 Digital Closing Bell 5-4-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail.  The best 5 min summary of the energy markets. We cover the the key issues of the day. The international news desk asks the question

360 Digital Closing Bell 5-1-2020

360 Digital Closing Bell 5-1-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail.  This already shaping up to be a continued crazy week with international news and great interviews! This is the best 5 min summary for the

360 Digital Closing Bell 4-30-2020

360 Digital Closing Bell 4-30-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail.  This already shaping up to be a continued crazy week with international news and great interviews! This is the best 5 min summary for the

Source: CNBC

Oil falls back into the red in volatile session

CNBC


Oil alternated between gains and losses in a volatile trading session that at one point saw U.S. crude drop more than 20%. Traders continue to eye dwindling storage capacity worldwide, although some of the losses were offset by optimist …

Source: Reuters

Oil prices resume slide on oversupply and storage concerns

Reuters


LONDON – Oil prices slumped again on Monday on concerns over scarce storage capacity, especially in the United States, and global economic doldrums from the coronavirus pandemic.

U.S. oil futures led losses, falling by more than $3 a barrel …

Source: CNBC

Oil traders have never seen an ‘insane’ market like this, fear more declines to negative prices

CNBC


The oil market is facing uncharted territory as the drop-off in demand, caused by the coronavirus pandemic, combined with rapidly filling storage, sent prices plunging into negative territory for the first time in history.

And with only guesswork as

Source: Reuters

U.S. negotiating contracts to store 23 million bbls of oil in SPR

Reuters


WASHINGTON – The U.S. Energy Department said on Tuesday it is negotiating contracts with nine energy companies to store about 23 million barrels of domestically produced oil in the country’s emergency crude reserve.

The department initiated a plan to …

EIA’s weekly natural gas products provide timely natural gas information

EIA’s weekly natural gas products provide timely natural gas information

EIA


The U.S. Energy Information Administration (EIA) provides daily and weekly information on natural gas market activity and drivers in three weekly products: the Weekly Natural Gas Storage Report, the Natural Gas Storage Dashboard, and the Natural Gas

Source: CNBC

Saudi Arabia’s big oil gamble will hurt the kingdom — but it’ll likely pay off

CNBC


April is going to be a hellish month for the oil industry.

Already down more than 65% year-to-date, crushed by the coronavirus crisis and the Saudi-Russia oil price war, crude prices are set to tank even further when Saudi …

EIA expands data on capacity and usage of power plants, electricity storage systems

EIA expands data on capacity and usage of power plants, electricity storage systems

EIA


Oil & Gas 360 Publishers Note: Interesting information from the EIA on power plants and electricity storage. The storage will be a huge market in the next several years, and investors should watch this portion of the energy sector. 

China’s Lack of Natural Gas Storage Capacity Restricts Supply

China’s Lack of Natural Gas Storage Capacity Restricts Supply

From China Daily


While China needs more natural gas to meet its surging demand for clean fuel, a lack of storage capacity is making it difficult for the country to cope with supply crunches in winter months when demand surges …

EnerCom’s Midstream and MLP Scorecard – October 29 2018

EnerCom’s Midstream and MLP Scorecard – October 29 2018

EnerCom’s Midstream and MLP Scorecard is our weekly distribution of information emerging from the oil and gas midstream sector.

This week’s Scorecard report delivers 33 comparative metrics on 60 midstream companies and partnerships. All of the names in the list …

October 29, 2018 - 12:53 pm Closing Bell Story‎, Midstream, MLP News, MLP Scorecard, MLPs
EnerCom’s Midstream and MLP Scorecard – October 22 2018

EnerCom’s Midstream and MLP Scorecard – October 22 2018

EnerCom’s Midstream and MLP Scorecard is our weekly distribution of information emerging from the oil and gas midstream sector.

This week’s Scorecard report delivers 33 comparative metrics on 60 midstream companies and partnerships. All of the names in the list …

October 22, 2018 - 2:25 pm Closing Bell Story‎, Midstream, MLP News, MLP Scorecard, MLPs
Inventories Back at Five-Year Averages—for Now

Inventories Back at Five-Year Averages—for Now

The production cuts may have erased the surplus, but for how long?

Stored petroleum around the world fell through 2017 and the first quarter of 2018, ending a period of oversupply in the global market that began before OPEC began …

Asia takes 35% of U.S. exported crude oil Jan.-Aug. 2017; snags 40% of U.S. exports in Sept.-Oct.

U.S. Crude Exports Jump to Record Level After Harvey Disrupts Refining

Hurricane Harvey disrupted U.S. Gulf Coast refining operations from late August to September in 2017, and pausing operations led to record-high U.S. crude oil exports when facilities reopened after the storm, the EIA reported today.

In October 2017, crude oil …

Replace 3 Gas Plants with Energy Storage? California PUC Votes Jan. 11

Replace 3 Gas Plants with Energy Storage? California PUC Votes Jan. 11

From Utility Dive

California regulators next month will consider a plan to replace three natural gas-fired power plants with energy storage, significantly building on the state’s apparent comfort with batteries as grid solutions.

The California Public Utilities Commission (CPUC) …

December 21, 2017 - 9:55 am Closing Bell Story‎, Energy News
Weekly Gas Storage: Build In-Line with Expectations

Weekly Gas Storage: Build In-Line with Expectations

The EIA released its weekly Natural Gas Storage Report today, outlining how national natural gas stocks have changed in the last week.

In total, the EIA reports natural gas stocks increased by 51 Bcf last week, rising from 3,595 Bcf …

Cushing Storage Operator Blueknight Energy Partners Presenting at EnerCom Conference

Cushing Storage Operator Blueknight Energy Partners Presenting at EnerCom Conference

Blueknight Energy Partners (ticker: BKEP) portfolio encompasses crude oil transportation pipelines, gathering systems, crude transport trucks, asphalt cement and residual fuel oil storage. Its assets and infrastructure span the United States.

Blueknight Owns 6.6 MMBO crude storage at Cushing, 9.6