... for the moment. In the tanker market rates for the big crude carrying VLCC’s keep being depressed with owners...most important market mover as illustrated above. CrudeOil continues to tread water with most market particip...
...58% in 2007 to 41% by 2030. Reason – the increase in US crude production in the Gulf of Mexico and elsewhere, ... but he likely needs us right now more than we need his oil. Net imports still account for 58% of our supply, ...
...urces. Saudi Arabia alone has 4.5 million barrels daily crude production and shipping capability shut in and r...pply of oil. It would be a significant step in breaking oil's grip on our future and an enormous gesture of su...
...hat demand coming from? Back to Reuters: The decline in crude stocks was caused by rising production in refine... goes a long way in determining the future directoin of oil. Source: EIA...
...tored gasoline by 1.6 million barrels. All in all, U.S. crude inventories stand at around 340 million barrels,... for the last few days, the dollar has hardened up. And oil prices are back down. Today, they fell to $77.46 a...
