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US Crude Oil Stockpiles Surge, Fuel Draws Down: EIA

2021-03-10 20:40:00| OGI

U.S. crude oil stockpiles rose by 13.8 million barrels in the week to March 5 to 498.4 million barrels, compared with analysts expectations in a Reuters poll for an 816,000-barrel rise, according to the EIA.

Tags: oil fuel draws surge

 

US EIA: US crude oil production fell by 8% in 2020, the largest annual decrease on record

2021-03-10 10:55:36| Green Car Congress

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US Crude Oil Production in 2021 to Decline Less Than Previously Forecast: EIA

2021-03-09 22:25:00| OGI

The EIA estimated that U.S. crude oil production in February was down 500,000 bbl/d from estimated January production, mostly due to the cold temperatures that affected much of the country, particularly Texas.

Tags: production previously oil decline

 

Saudi Raises April Crude Official Prices to Asia

2021-03-08 14:59:09| OGI

Saudi Arabias state oil producer Aramco set its April official selling price (OSP) for its Arab Light crude to Asia at plus $1.40 per barrel versus the Oman/Dubai average, up $0.40 from March, according to a statement issued on March 7.

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US Oil, Gas Rig Count Inches Up as Crude Prices Rise

2021-03-05 19:20:14| OGI

Oil rigs rose one to 310 this week, their highest since May, while gas rigs were unchanged at 92.

Tags: prices count gas oil

 

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