Do read the whole thing here... ”In 1960, there were nearly 3,000 U.S.-flag oceangoing vessels -- 17 percent of the world fleet. By 2016, there
Total supply growth could exceed total demand growth…. IEA
Here is the IEA from this month’s Oil Market Report released today: “On considering the final component in the balance - non-OPEC production - we
US inventories compared to 5 year average… EIA
These charts from the EIA’s This Week in Petroleum compare current stock levels to the 5 year range:
A mostly balanced market in 2018… EIA
From the EIA’s This Week in Petroleum: “The U.S. Energy Information Administration's (EIA) December Short-Term Energy Outlook (STEO) expects global
Gasoline, diesel days supply… EIA
Here is more from the EIA’s Short Term Energy Outlook: ”High demand for both gasoline and distillate resulted in each petroleum product’s days of
Saudi/Venezuela oil exports to US, Motiva, Citgo decline… EIA
There are plenty of nuggets in the EIA’ Short Term Energy Outlook released yesterday: “Venezuela’s crude oil production has declined since 2016
The Forties pipeline system is in controlled shutdown.. Reuters…
From Reuters: ”The U.K. link is critical because flows through it make up the single largest constituent part of so-called Dated Brent crude, which
BP shifts to natural gas…
From the Houston Chronicle: ”BP is shifting from crude oil toward cleaner-burning gas projects in developing parts of the world as it seeks to
Energy-related CO2 emissions… EIA
Note the US reduction of CO2 emissions by 19%... Here is Today in Energy: