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Posts related to ‘crude oil supply’

Oil price fall graphic

Why Gasoline Prices Just Cannot Rise from Here

Posted: May 1, 2013 at 12:15 pm

Today’s report on U.S. crude oil and gasoline inventories underscores a story we have been trying to tell for several weeks now: crude oil and gasoline prices have nowhere to ...
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Oil pumpjack

EIA Forecasts Lower U.S. Crude Imports

Posted: December 11, 2012 at 2:16 pm

In its monthly Short-term Energy Outlook (STEO) published today, the U.S. Energy Information Administration (EIA) said it expects the net import share of U.S. oil consumption to drop to 40% ...
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OPEC Crude Output at Three-year High

Posted: May 29, 2012 at 10:48 am

The Organization of Petroleum Exporting Countries (OPEC) produced an average of 31.8 million barrels/day of crude in May, the cartel’s highest level of production since September of 2008 and about ...
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The World Rejoices As IEA Agrees to Release Crude from Strategic Reserves

Posted: June 23, 2011 at 10:23 am

The 28 countries comprising the International Energy Agency (IEA) have agreed to release a total of 60 million barrels of oil as a result of the continuing supply disruption to ...
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Analyst Calls Fight Over Oil Stocks (XOM, OXY, DVN, MUR, CVX)

Posted: March 15, 2011 at 10:14 am

There are several research upgrades and downgrades this morning that may feel meaningless in the overall scheme of things due to the international headlines coming from Japan and the Middle ...
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