In the recent Energy Information Administration petroleum report there is an analysis of the changes in the Japan’s demand for liquefied fuels in 2011 following the tsunami attack that damaged its nuclear power sources. Here is a weekly review for…
In the recent Energy Information Administration petroleum report there is an outlook of the consumption for heating oil in the US in the upcoming winter. Here is a weekly review for the week ends on October 7th of the U.S.…
In the recent Energy Information Administration petroleum report there is an analysis of the ongoing rise in the deepwater production in the Gulf of Mexico and how this method has taken over and sharply affected the crude oil market in…
In the recent Energy Information Administration petroleum report there is an overview of the recent development in the oil supply coming from West Africa. This region is a very important source of oil supply for the U.S. and accounts for…
In the recent Energy Information Administration petroleum report there is an analysis of the recent sanctions on Syria and its effect on the oil market. According to the EIA the disruption in Syria’s oil output won’t have a strong impact…
Crude oil prices changed direction and slightly inclined yesterday. The depreciation of USD against major currencies such as Euro, AUD and CAD might be among the factors that affected oil prices to trade up yesterday. Today, the EIA oil stockpiles…
The recent Energy Information Administration petroleum report examines the Libyan condition following the end of the civil war there. The EIA analyzes the factors that will affect Libya’s oil production recovery in the near future. Here is a weekly review…
Crude oil prices started September with moderate falls, which is consistent with the declines in the major stock markets including the S&P500. Yesterday the spread between Brent oil and WTI oil reached a new high. Currently, crude oil prices are…
Crude oil prices didn’t change much yesterday, but the high volatility in the financial markets could spark a shift in this apparent stability in the oil market. Oil stockpiles have declined by 7 million bbl last week in the US.…
Crude oil prices have bounced back and inclined yesterday along with the rally of major US stock markets. The WTI spot oil rose for the second straight day. Today, the US EIA crude oil stockpiles report will be published and…