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
U.S. refineries running hell-for-leather
Andrew Lebow, senior partner at Commodity Research Group, appeared on BNN to talk about the latest energy inventory numbers. It's no wonder gasoline
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







