January 22, 2016
Via: CNBS energyOil rose nearly 7 percent on Friday to above $31 in its largest weekly rally in three months, as a cold front sweeping the United States and Europe as well as firmer financial markets gave traders reason to cash in […]
Commercialization, Conventional Fuels
January 7, 2016
Via: US Energy Information AdministrationCrude oil prices ended 2015 below $40 per barrel (b), the lowest level since early 2009. Spot prices for the international crude oil benchmark Brent averaged $52/b in 2015, 53% below the level in 2014 and 49% below the average […]
January 5, 2016
Via: Energy GlobalEnterprise Products Partners L.P. has announced that it has agreed to provide pipeline and marine terminal services to load its first export of crude oil produced in the US under the law enacted earlier in December 2015. The 600 000 […]
October 12, 2015
Via: Energy GlobalOn Friday 9 October The House of Representatives voted to lift the ban on oil exports, despite threats of veto from the White House. Currently, the US produces approximately 9.3 million bpd. Votes were in favour, 261-159, to lift ban […]
April 30, 2024
April 23, 2024