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Category: crude oil

Is This The Starting Of A Downturn In Oil?

Oil simply posted its worst week in additional than two years — WTI misplaced 9.5 p.c and Brent misplaced eight.5 p.c. The final time the 2 oil benchmarks fell by that a lot in a single week was early 2016 Read More

China Surpassed america because the World’s Largest Crude Oil Importer in 2017

China surpassed america in annual gross crude oil imports in 2017, importing eight.four million barrels per day (b/d) in contrast with 7.9 million b/d for america. China had grow to be the world’s largest internet importer (imports minus exports) of complete petroleum Read More

U.S. Month-to-month Crude Oil Manufacturing Exceeds 10 Million Barrels Per Day, Highest Since 1970

U.S. Month-to-month Crude Oil Manufacturing Exceeds 10 Million Barrels Per Day, Highest Since 1970 – The Power Collective This web site makes use of cookies, for numerous causes. By persevering with to make use of this web site you settle Read More

U.S. Crude Oil Exports Elevated Following Hurricane-Associated Refinery Disruptions

From late August by means of September 2017, Hurricane Harvey prompted disruptions to the U.S. Gulf Coast refining sector, leading to record-high U.S. crude oil exports when export services reopened after the storm and earlier than many refineries returned to pre-storm ranges Read More