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US Daily Crude Oil Exports Hit 4 Million Milestone
2020-01-06 11:20:00| OGI
The United States has only been exporting oil since early 2016, after a four-decade ban on crude shipments worldwide was lifted in response to a surge in U.S. oil production.
EIA: US Crude Oil Production Hits Record In October
2020-01-01 00:00:00| OGI
Oil production in Texas rose to a record 5.27 million bbl/d, the EIA said, while North Dakota also reached a new high of 1.47 million bbl/d.
Tags: october
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US Crude Stocks Fall More Than Expected: EIA
2019-12-27 17:41:38| OGI
U.S. crude stocks and distillate inventories fell while gasoline inventories rose, the Energy Information Administration (EIA) said on Dec. 27.
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Shell Wins Auction For Guyana's First Three Crude Oil Cargoes
2019-12-26 02:35:45| OGI
Royal Dutch Shell won the rights to market Guyana's first cargoes of crude oil, the government said on Dec. 24, just days after oil production began and launched the impoverished South American country into the ranks of world suppliers.
Qatar Petroleum To Start Pricing Its Crude Grades On Forward Basis In February
2019-12-24 10:51:08| OGI
Qatar Petroleum will start pricing its crude oil grades of Qatar marine and Qatar land on a prospective pricing basis in February 2020, the company said on Dec. 24, confirming an earlier report by Reuters.
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