According to a monthly report by the US Energy Information Administration, US oil production could be over 12 million barrels per day by the end of next year. Apache photo. US oil production expected to [Read more]
According to the US Energy Information Administration, distillate fuel was the most exported US petroleum product in 2017 and averaged 1.4 million b/d of gross exports. Bloomberg photo by Eddie Seal. Distillate fuel exports were [Read more]
US oil imports are expected to hit their lowest levels in over 60 years as crude production in the United States continues to rise to record levels. Statoil photo. US oil imports forecast to drop [Read more]
Asia’s share of global crude oil imports rises from 50% today to more than two-thirds by 2040 The International Energy Agency’s new World Energy Outlook is the story of a series of upheavals in global energy, in [Read more]
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