Search results
Results from the WOW.Com Content Network
The federal government's EIA report revealed that crude inventories rose by 3.1 million barrels, compared to the 1.3 million barrels increase that energy analysts had expected.
Commercial crude oil stock pile. The Strategic Petroleum Reserve (SPR) is an emergency stockpile of petroleum maintained by the United States Department of Energy (DOE). It is the largest publicly known emergency supply in the world; its underground tanks in Louisiana and Texas have capacity for 714 million barrels (113,500,000 m 3). [1]
Map of countries with proven oil reserves - according to US EIA (start of 2017) Trends in proven oil reserves in top five countries, 1980–2013 (data from US Energy Information Administration) A map of world oil reserves according to OPEC, January 2014
Despite some temporary hiccups, a supportive macro backdrop and robust fundamentals should help the likes of ConocoPhillips (COP), EOG Resources (EOG), Suncor Energy (SU) and Diamondback Energy ...
Weekly figures from EIA show that domestic crude output has dropped to 10.7 million barrels per day, since reaching 13.1 million in the second week of March.
Global strategic petroleum reserves (GSPR) refer to crude oil inventories (or stockpiles) held by the government of a particular country, as well as private industry, to safeguard the economy and help maintain national security during an energy crisis. Strategic reserves are intended to be used to cover short-term supply disruptions.
For premium support please call: 800-290-4726 more ways to reach us
Crude oil prices were higher on Wednesday, following the Department of Energy’s report on petroleum inventories. Prices have experienced tailwinds recently as trader’s focus on geopolitical ...