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2017-05-19 12:45:00

U.S. DELIVERIES UP BY 1.7%

U.S. DELIVERIES UP BY 1.7%

API - Total petroleum deliveries in April moved up by 1.7 percent from April 2016 to average 19.6 million barrels per day. These were the highest April deliveries in nine years, since 2008. Compared with March, total domestic petroleum deliveries, a measure of U.S. petroleum demand, decreased 0.3 percent. For year to date, total domestic petroleum deliveries moved up slightly by 0.1 percent compared to the same period last year to average 19.4 million barrels per day.

The overall economy in the U.S. showed gains for the fourth time in the year, adding 211,000 jobs in April, according to the latest U.S. Bureau of Labor Statistics (BLS) report. The U.S. unemployment rate was little changed at 4.4 percent, and the number of unemployed persons was little changed at 7.1 million.

"The manufacturing sector expanded in April while the overall economy grew for the 95th consecutive month," said Chief Economist, Erica Bowman. "These positive economic signs along with relatively low fuel prices have benefited American consumers and workers."

Gasoline deliveries in April were up from the prior month and the prior year, but down from the prior year to date. Total motor gasoline deliveries, a measure of consumer gasoline demand, moved up 0.6 percent from April 2016, to average nearly 9.3 million barrels per day–the highest April deliveries on record. Compared with March 2017, total motor gasoline deliveries increased 0.4 percent.

At 9.2 million barrels per day, crude oil production was the second highest April output in 44 years, since 1973. Crude oil production increased 1.0 percent from March, and up by 3.4 percent from April 2016. This was the highest for any month in 17 months, since November 2015. For year to date, crude production was also up 2.2 percent compared with year to date 2016. Natural gas liquids (NGL) production, a co-product of natural gas production, was down from the prior year, but up from the prior month and the prior year to date. NGL production in April averaged nearly 3.5 million barrels per day, down 1.5 percent from last year, but up 0.4 percent from last month and up 1.4 percent from the prior year to date. This was the second highest April output level on record.

U.S. total petroleum imports in April averaged nearly 10.2 million barrels per day, up 1.6 percent from the prior month and were up 3.3 percent from the prior year. For year to date, total petroleum imports were also up by 3.4 percent compared with year to date 2016. Crude oil imports increased 3.4 percent from April 2016 to just below 7.9 million barrels per day in April 2017. Compared with March, crude oil imports were 0.4 percent higher. For year to date, crude imports were also up 2.7 percent compared with year to date 2016.

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Earlier: 

U.S. OIL GAS PRODUCTION WILL UP 

U.S. LNG TO CHINA 

U.S. RIGS UP 8 

1 MLN U.S. OIL GAS JOBS 

U.S. SHALE RISK

 

 

Tags: USA, PETROLEUM, OIL, GAS, CONSUMPTION

Chronicle:

U.S. DELIVERIES UP BY 1.7%
2018, November, 12, 12:00:00

TOTAL'S INVESTMENT TO ANGOLA: $16 BLN

THE LOCAL FRANCE - Angola and French oil giant Total formally launched a major new offshore oil project Saturday to aid the country's economy that plunged into crisis following oil price dips in 2014.

U.S. DELIVERIES UP BY 1.7%
2018, November, 12, 11:55:00

CHINA, WESTINGHOUSE NUCLEAR

WNN - China's State Power Investment Corporation (SPIC) says it has signed a memorandum of understanding (MoU) for "global cooperation" in nuclear energy with Westinghouse Electric Company of the USA.

U.S. DELIVERIES UP BY 1.7%
2018, November, 12, 11:50:00

SMALL BRITAIN'S NUCLEAR

WNN - Advanced Nuclear Technologies - otherwise known as small nuclear or small reactor technologies - encompass a wide range of nuclear reactor technologies under development, BEIS noted. "The common attributes that these technologies share is that they are smaller than conventional nuclear power station reactors and are designed so that much of the plant can be fabricated in a factory environment and transported to site, reducing construction risk and making them less capital-intensive," it said.

U.S. DELIVERIES UP BY 1.7%
2018, November, 12, 11:45:00

POLAND, USA NUCLEAR

WNN - Poland and the USA have signed a Joint Declaration of Energy Security, which emphasises the expansion of their cooperation in a variety of areas, including civil nuclear energy. The document was signed in Warsaw yesterday by Polish Energy Minister Krzysztof Tchórzewski and US Secretary of Energy Rick Perry.

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