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U.S. refinery runs hit fifth consecutive annual record high in 2018

April 8, 2019

Gross inputs to U.S. petroleum refineries, also referred to as refinery runs, averaged 17.3 million barrels per day…
The U.S. Gulf Coast became a net exporter of crude oil in late 2018

March 19, 2019

In the last two months of 2018, the U.S. Gulf Coast exported more crude oil than it imported.…
The United States imports and exports substantial volumes of petroleum

March 18, 2019

U.S. net trade of petroleum, which includes crude oil, petroleum products, and natural gas plant liquids, has fallen…
U.S. Gulf Coast refinery demand for hydrogen increasingly met by merchant suppliers

March 18, 2019

Petroleum refineries in the U.S. Gulf Coast increasingly rely on merchant suppliers, rather than their own production, to…
Despite recent supply reductions, global liquid fuels production to outpace demand

March 5, 2019

Despite relatively lower supply from a number of major crude oil-producing countries, including Saudi Arabia, Libya, Venezuela, and…
EIA now publishes oil stocks at power plant level

January 24, 2019

EIA now publishes data on monthly and yearly plant-level oil stocks at electricity-generating power plants. Power plants that…
Changes in marine fuel sulfur limits will put temporary upward pressure on diesel margins

January 18, 2019

The January 2019 Short-Term Energy Outlook (STEO), released at noon today, for the first time includes analysis of the effect…
Iraq’s oil production has nearly doubled over the past decade

January 15, 2019

Crude oil production in Iraq averaged 4.5 million barrels per day (b/d) through August 2018, up from 4.4…
The Middle East, Africa, and Asia now drive nearly all global energy consumption growth

January 10, 2019

Energy consumption in Asia, the Middle East, and Africa continues to grow rapidly, with about 20% growth in…
U.S. average retail gasoline prices ended the year lower than they started

January 7, 2019

U.S. regular retail gasoline prices averaged $2.72 per gallon (gal) in 2018, 30 cents/gal (13%) higher than in…
Crude oil prices end the year lower than they began the year

January 7, 2019

Brent crude oil averaged $72 per barrel (b) in 2018, and West Texas Intermediate (WTI) averaged $65/b in…
Energy commodity prices fell significantly in the last quarter of 2018

January 3, 2019

After increasing 25% from January through the beginning of October in 2018, the spot energy index in the…
Coming changes in marine fuel sulfur limits will affect global oil markets

December 18, 2018

International regulations limiting sulfur in fuels for ocean-going vessels, set to take effect in January 2020, have implications…
South Korea stopped importing condensate from Iran before receiving sanctions waivers

December 14, 2018

South Korea, the world’s leading importer of condensates, has sought alternatives to partially offset declines in imports of Iranian…
For one week in November, the U.S. was a net exporter of crude oil and petroleum products

December 13, 2018

During the week ending November 30, 2018, the United States exported more crude oil and petroleum products than…
Pipeline constraints, refinery maintenance push Western Canadian crude oil prices lower

December 4, 2018

Planned maintenance at several large refineries in the Midwest has decreased the volume of crude oil processed in the…
U.S. crude oil and natural gas proved reserves set new records in 2017

November 30, 2018

High prices and continued development of shale and tight resources drove proved reserves of both U.S. crude oil…
The Wolfcamp play has been key to Permian Basin oil and natural gas production growth

November 22, 2018

Increased oil and natural gas development in the Wolfcamp play has helped drive overall crude oil and natural gas production…
Low Rhine River water levels disrupt petroleum product shipments to parts of Europe

November 5, 2018

Historically low water levels on the Rhine River in Europe have resulted in transportation disruptions for shipments of…
U.S. monthly crude oil production exceeds 11 million barrels per day in August

November 5, 2018

U.S. crude oil production reached 11.3 million barrels per day (b/d) in August 2018, according to EIA’s latest Petroleum…
Iran has produced and exported less crude oil since sanctions announcement

October 26, 2018

Iran’s crude oil exports and production have declined since the May 2018 announcement by the United States that…
The changing U.S. energy trade balance is still dominated by crude oil imports

October 19, 2018

During the past decade, the U.S. trade gap for energy products has narrowed. From 2003 to 2007, the…
Crude oil entering Gulf Coast refineries has become lighter as imports have declined

October 3, 2018

The density of crude oil processed by U.S. Gulf Coast refineries has become lighter since 2008 as refineries…
Crude oil was the largest U.S. petroleum export in the first half of 2018

September 26, 2018

Crude oil surpassed hydrocarbon gas liquids (HGL) to become the largest U.S. petroleum export, with 1.8 million barrels per day…
Seasonality in Brazilian petroleum liquids production is driven by biofuels

September 24, 2018

Brazil’s ethanol output is seasonal and typically peaks during the fourth quarter (October–December) of each year. The peak…
East Coast refiners receiving more domestic crude oil from Gulf Coast by tanker and barge

September 21, 2018

Since mid-2017, the East Coast has been receiving as much crude oil by tanker and barge from the…
OPEC net oil export revenues increased in 2017, will likely continue to increase in 2018

September 20, 2018

Members of the Organization of the Petroleum Exporting Countries (OPEC) received about $567 billion in net oil export…
Permian region is expected to drive U.S. crude oil production growth through 2019

August 28, 2018

EIA’s August Short-Term Energy Outlook (STEO) forecasts that U.S. crude oil production will average 10.7 million barrels per day (b/d)…
The port district of Houston-Galveston became a net exporter of crude oil in April

August 24, 2018

The U.S. port district of Houston-Galveston in Texas recently began exporting more crude oil than it imported for the first…
Six states account for more than 70% of U.S. fuel ethanol production

August 24, 2018

Six states accounted for 72% of U.S. fuel ethanol production in 2016, according to the most recent estimates…
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