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2021-04-14 12:10:00

U.S. OIL PRODUCTION WILL UP

U.S. OIL PRODUCTION WILL UP

- 4/13/2021 - The Permian basin, the U.S.’s most prolific shale patch, will produce crude oil at levels not seen since the start of the pandemic in the latest sign the global economy is heating back up.

Higher prices are buoying drillers’ confidence. Benchmark Nymex oil gained nearly 35% in the past four months after OPEC and its alliance cut production to strike a balance between demand and supply. The fossil fuel is also getting a bump as Covid-19 vaccinations progress…

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U.S. OIL PRODUCTION WILL UP
2021, April, 12, 10:15:00
U.S. OIL TAX BREAKS $35 BLN
Removing this specific tax measure could generate US$13bn over 10 years. Overall, eliminating fossil fuel subsidies could increase government receipts by US$35bn over 10 years.
U.S. OIL PRODUCTION WILL UP
2021, April, 12, 09:30:00
U.S. RIGS UP 2 TO 432
U.S. Rig Count is up 2 from last week at 432, Canada Rig Count is down 11 from last week to 58
U.S. OIL PRODUCTION WILL UP
2021, April, 2, 12:10:00
U.S. RIGS UP 13 TO 430
U.S. Rig Count is up 13 from last week at 430, Canada Rig Count is down 12 from last week to 69
U.S. OIL PRODUCTION WILL UP
2021, March, 19, 13:00:00
U.S. OIL FOR INDIA UP ANEW
US crude imports by India stood at 12.69 million mt in 2020, up nearly 29% from a year earlier, helping the country move up to fifth position from sixth in 2019,
U.S. OIL PRODUCTION WILL UP
2021, March, 10, 12:20:00
U.S. OIL PRODUCTION DOWN 8%
U.S. crude oil production averaged 11.3 million barrels per day (b/d) in 2020, down 935,000 b/d (8%) from the record annual average high of 12.2 million b/d in 2019.
U.S. OIL PRODUCTION WILL UP
2021, February, 11, 14:25:00
U.S. OIL IMPORTS WILL UP
U.S. increases in net crude oil imports in 2021 and 2022 because domestic crude oil production and inventory draws alone will not meet the needs of U.S. refineries.
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Tags: USA, OIL, PRODUCTION
Chronicle:
U.S. OIL PRODUCTION WILL UP
2021, May, 12, 12:39:00
7th INTERNATIONAL LNG CONGRESS REVEALS THE BUSINESS PROGRAM
The 7th International LNG Congress will be held on the 7th-8th of June in Madrid, Spain. LNG supply potential in Europe, usage of alternative fuels, vehicles mobility, marine transportation and storage, politics and financing in the market, and small- and large-scale LNG projects will be the main topics of the Congress.
U.S. OIL PRODUCTION WILL UP
2021, May, 12, 12:38:00
ELECTRICITY ECONOMICS IN CHANGING ELECTRICITY MARKETS 18 – 21 May 2021
Electricity Economics in Changing Electricity Markets LIVE ONLINE COURSE OVER 4 SESSIONS Commences: 18 May 2021 – 21 May 2021 (7am – 10am)
U.S. OIL PRODUCTION WILL UP
2021, May, 12, 12:35:00
INDIA'S ENERGY STORAGE MARKET
Currently, renewables form 10% of India’s total power generation and that share will increase to 31% by 2030 with 450GW coming online.
U.S. OIL PRODUCTION WILL UP
2021, May, 12, 12:30:00
DUTCH CARBON STORAGE $2.4 BLN
The government has said it will grant a total of 5 billion euros in subsidies in 2021 for technologies that will help it achieve its climate goals.
U.S. OIL PRODUCTION WILL UP
2021, May, 12, 12:25:00
HYDROGEN ECONOMY & CCS
The gist of the technical case for CCS in a hydrogen economy is that, so long as fossil fuels are available and deliver a high energy return on energy invested (EROEI), it is inherently cheaper and more efficient to produce hydrogen from fossil fuels by reforming, rather than by electrolysis of water.
U.S. OIL PRODUCTION WILL UP
2021, May, 12, 12:20:00
U.S. RIGS UP 8 TO 448
U.S. Rig Count is up 8 from last week to 448, Canada Rig Count is up 4 from last week to 55,
U.S. OIL PRODUCTION WILL UP
2021, May, 7, 15:00:00
OIL PRICE: NEAR $68
Brent fwere up 1 cent at $68.12 a barrel. WTI eased by 2 cents to $64.69.
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