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US Short Term Energy Outlook

Energy outlook, EIA expects the U.S. average refiner acquisition cost of crude oil to remain relatively flat, averaging about $100 per barrel in 2011 and 2012. The value of West Texas Intermediate (WTI) benchmark crude oil was about $11 per barrel below the U.S. refiner acquisition cost of crude oil in the third quarter of [...]

Wednesday, November 30th, 2011

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South Korean Oil Demand Growth

South Korean oil demand posted its fourth straight month of y/y growth, with Korean inland deliveries totalling 2.139 mb/d, although the growth rate slowed considerably to just 6 thousand b/d y/y (0.3%) in October, compared to the 4% increase seen in September, said Barclays Capital in a research note. Once again, above-normal temperatures was the [...]

Tuesday, November 29th, 2011

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10 Largest Producers of Natural Gas

The 10 largest producers of natural gas were, in order, Exxon Mobil Corp. (NYSE: XOM), BP plc (NYSE: BP), Chesapeake Energy Corp. (NYSE: CHK), EnCana Corp. (NYSE: ECA), ConocoPhillips Corp. (NYSE: COP), Devon Energy Corp. (NYSE: DVN), EOG Resources, Inc. (NYSE: EOG), Anadarko Petroleum Corp. (NYSE: APC), Ultra Petroleum Corp. (NYSE: UPL), and Questar Corp. [...]

Tuesday, September 20th, 2011

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