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2017-12-20 19:30:00

U.S. PETROLEUM DELIVERIES UP TO 19.9 MBD

U.S. PETROLEUM DELIVERIES UP TO 19.9 MBD

API - Total petroleum deliveries in November rose to 19.9 million barrels per day. This was the strongest November monthly demand since 2007. Cumulatively through the first 11 months of the 2017, total domestic petroleum deliveries rose by 0.9 percent, which exceeded demand growth in 2016 despite higher prices.

"With sustained strength in the U.S. and global economies, petroleum demand remained strong despite higher prices than last year," said API Chief Economist Dean Foreman. "Resilient supply continued to outpace demand in November, yet inventories experienced…

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Tags: USA, PETROLEUM, OIL, GAS,

Chronicle:

U.S. PETROLEUM DELIVERIES UP TO 19.9 MBD
2019, March, 22, 10:20:00

U.S. OIL INVENTORIES DOWN 9.6 MB

US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased 9.6 million bbl from the previous week, data from the US Energy Information Administration showed.

U.S. PETROLEUM DELIVERIES UP TO 19.9 MBD
2019, March, 22, 10:15:00

SAUDI'S OIL WILL DOWN

Saudi Arabia will supply its clients with significantly less oil than they requested in April, extending deeper-than-agreed oil production cuts into a second month, a Saudi official familiar with the policy said.

U.S. PETROLEUM DELIVERIES UP TO 19.9 MBD
2019, March, 22, 10:10:00

BRITAIN NEED INVESTMENT $265 BLN

Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).

U.S. PETROLEUM DELIVERIES UP TO 19.9 MBD
2019, March, 22, 10:05:00

U.S. FEDERAL FUNDS RATE 2.25-2.5%

U.S. FRB - Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.

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