The prices of crude oil bounced back and increased in recent days. The Energy Information Administration came out with its petroleum and oil weekly update: During last week, U.S stockpiles changed direction and moderately declined: the total U.S oil and…
The Prices of crude oil continue to fall as the recent EIA report shows a gain in oil stockpiles and an ongoing rise in oil production in the U.S. According to the recent petroleum and oil weekly report published by…
The Prices of crude oil remained nearly unchanged today despite the recent EIA report in which the oil production in the U.S continued to rise. According to the recent petroleum and oil weekly report published by the Energy Information Administration,…
The recent Energy Information Administration petroleum report analyzes the gasoline consumption in the US and offers an explanations for the decline in gasoline consumption in 2011 compared to 2010; the main reasons include: high gasoline prices driven by high crude…
According to the recent Energy Information Administration petroleum report, the U.S. oil rigs count passed the 1,000 mark for the first time ever. The number of rigs may serve as a lagged indicator for the changes in crude oil and…
In this week’s Energy Information Administration petroleum report there is an analysis of the recent high volatility in the crude oil market: the sharp falls that were recorded in the WTI and Brent oil prices in recent weeks have more…
In this week’s Energy Information Administration petroleum report there is an analysis of the changes in the crude oil movement in the US: in the past, it used to be from the Gulf of Mexico to the East Coast and…
Crude oil prices declined yesterday: the WTI spot oil price declined by 2.22%; this was the sharpest daily percent change it had since July 14th. Yesterday, the EIA petroleum stocks was published and presented a sharp increase in stockpiles of…
In this week’s Energy Information Administration petroleum report there is a review and outlook of the North Dakota oil production, which is the U.S.’s fourth largest crude oil production state and has been rising throughout 2011. Here is a weekly…
In this week’s Energy Information Administration petroleum report there is an analysis of the seasonality of crude oil demand in the Middle East, in particular Saudi Arabia, and how did Saudi Arabia coup in the past with rising domestic demand…