Industry Headlines
Aug 5, 2021
Oil rose for the first time this week.
Aug 5, 2021
Russia is supplying more oil to the U.S. than any other foreign producer aside from Canada as American refiners scour the globe for gasoline-rich feedstocks to feed surging motor-fuel demand.
Aug 5, 2021
President Joe Biden plans to call for half of all vehicles sold in the U.S. to be capable of emissions-free driving by the end of the decade.
Aug 5, 2021
The Texas oil and gas industry is strengthening after last year's downturn, according to TIPRO.
Aug 5, 2021
Analysts at Standard Chartered and Fitch Solutions Country Risk and Industry Research share their latest views on oil prices.
Today in Energy
Aug 5, 2021
In 2020, 18.1 million barrels per day (b/d) of petroleum products were consumed in the United States, a 25-year low. From 2019 to 2020, petroleum consumption decreased in every energy-consuming sector, and it decreased a record 15% in the transportation s…
Aug 4, 2021
Rising U.S. air travel since the beginning of 2021 has contributed to increased demand for kerosene-type jet fuel in the United States. However, increased production of jet fuel has outpaced the higher demand, leading to higher-than-average jet fuel inven…
Aug 3, 2021
Energy intensity�calculated as total energy consumption divided by real gross domestic product (GDP)�is a common energy indicator and efficiency measure. In 2020, U.S. energy intensity reached a low of 5.05 thousand British thermal units (Btu) per cha…
Aug 2, 2021
On July 18, OPEC+, which includes most members of OPEC and several non-OPEC members (including Russia), agreed to increase monthly crude oil production starting in August 2021. On July 19, after the new OPEC+ agreement was made public, the price of Brent …
Jul 30, 2021
By the end of 2020, the number of producing coal mines in the United States fell to 551 mines, the lowest number since U.S. coal production peaked in 2008. In 2020, 40 coal mines were opened or reactivated, and 151 mines were idled or closed. This overall…