Petrobras Receives Approval For First Production From Its Inaugural FPSO In The Gulf Of Mexico A Gulf Of Mexico Milestone? First New Deepwater Plan Approved Since Oil Spill BOEMRE Issues Memo To Assist Offshore Operators With New Requirements BOEMRE Approves First New Well At Cardamom Deep
US Crude Stocks Highest Since June 2021 as Fuel Demand Falls: EIA
2023-01-25 - According to the Energy Information Administration, U.S. crude inventories rose to 448.5 MMbbl last week by 533,000 bbl, short of the expected 1 MMbbl increase.
U.S. Distillate Stocks, Refinery Utilization Drop After Winter Storm -EIA
2023-01-06 - Product inventories fell and total product supplied—a proxy for fuel demand—also fell.
Oil Prices Rally to Highest Close Since Dec. 1 on China Optimism
2023-01-19 - Brent crude futures gained $1.18, or 1.4%, to settle at $86.16 per barrel, while WTI crude futures rose by $0.85 cents, or 1.1%, to settle at $80.33 per barrel. Those were the highest closing levels for both contracts since Dec. 1.
Oil Prices Broadly Steady Amid Rising US Stockpiles
2023-01-11 - The oil market has been pulled lower by worries that sharply higher interest rate hikes to tame inflation would trigger a recession and curtail fuel demand. U.S. inflation data is due on Jan. 12.
Oil Prices Firm, But Rise in US Inventories Looms
2023-02-23 - On Feb. 23, Brent crude futures rose 0.8% to $81.23/bbl while WTI futures roes 1% to $74.70/bbl.