U.S. drillers add oil and gas rigs for record 21 months a row
April 29 (Reuters) - U.S. energy firms last week added oil and natural gas rigs for a record 21 months in a row as high prices and prodding by the…
Traffic travels past a sign displaying current gas prices in San Diego, California, U.S., February 28, 2022. REUTERS/Mike Blake
U.S. gasoline prices soar to highest since 2008 on Russia conflict -AAA
March 6 (Reuters) - U.S. gasoline prices at the pump jumped 11% over the past week to the highest since late July 2008 as global sanctions cripple Russia's ability to…
Gasoline and Diesel Fuel Update
Gasoline Release Date: February 22, 2022 Next Release Date: February 28, 2022Diesel Fuel Release Date: February 22, 2022 Next Release Date: February 28, 2022 Notice:Petroleum Marketing Survey Form Changes Proposed for 2021 Change from02/07/2202/14/2202/21/22week agoyear agoU.S.3.4443.4873.5300.0430.897East Coast…
Petroleum & Other Liquids: Pricing Analysis
Crude oil Monthly average crude oil prices increased in all sales categories in May. The average domestic crude oil first purchase price rose $2.93 (4.9%) to $62.80 per barrel. The…
This Week in Petroleum
Despite narrowing Brent–WTI spread and lower production, U.S. crude oil exports remain high Following the rapid growth of U.S. crude oil production since 2010, the U.S. government lifted restrictions on crude…
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Gasoline and Diesel Fuel Update
Forecast Highlights Global liquid fuels (U.S. Energy Information Administration) The June Short-Term Energy Outlook (STEO) remains subject to heightened levels of uncertainty related to the ongoing economic recovery from the…
Michigan Energy Snapshot
QUICK FACTS Michigan has 44 natural gas storage fields with almost 1.1 trillion cubic feet of underground storage capacity, and this is more than any other state. In 2020, natural…
Oil Poised for Third Weekly Gain as IEA Sees Need for More Crude
Oil is on track for a third straight weekly rise as the crude market’s demand revival gains traction. The International Energy Agency warns the market will need extra supply next…
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