Weekly Updated Oil Production Distribution Source: BP Statistical Review of world energy 2017
Weekly Report: Crude Oil and Gas Pricing Mechanism
Weekly Report Crude Oil and Gas Pricing Mechanism China launched crude oil futures on March 26, 2018. In China, the method to achieve the most appropriate gas pricing mechanism is under discussion and consideration. Source from eia and IEA
Weekly Report: What effect oil price?
Weekly update The oil price increases compared with last week. The rig count at North America is stable which only adds one more from last week, while the US crude oil inventory increases 6030 thousand barrels. The factor that influences oil price: The Impact of Nature on Oil ProductionWhen the production decreases, and it … Continue reading Weekly Report: What effect oil price?
Why U.S. Oil Exports Are Surging
Repost By Tsvetana Paraskova - Mar 18, 2018, 4:00 PM CDT U.S. crude oil exports are surging and going to a growing number of buyers around the world, including to the fastest-growing demand centers in Asia, the traditional stronghold of the Middle Eastern oil exporters. Booming U.S. production, expanding pipeline and export capacity, and the more than … Continue reading Why U.S. Oil Exports Are Surging
Oil Rises to Two-Week High Amid Optimism on Re-Balancing Process
WTI Crude Oil (USD/bbl) Brent Crude (USD/bbl) Rig Count Number This Week 51.42 57.2 928 Last Week 49.29 55.62 936 Supply glut should shrink soon if cuts continue: IEA’s Birol S. crude inventories fell by 2.75 million barrels last week Oil climbed to the highest level in two weeks as dwindling U.S. crude stockpiles … Continue reading Oil Rises to Two-Week High Amid Optimism on Re-Balancing Process
GQ Petro 