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U.S. imports of Canadian crude hit their highest on record in the week to Jan. 3, according to the EIA, a potential sign of refiners stocking up with tariffs looming.
April 28, 2020 at 2:01 PM
Year to date, WTI is up more than 6%, while Brent crude has gained more than 5% during the same period. Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at @ines_ferre .
The Oil Drum was a website devoted to analysis and discussion of energy and its impact on society that described itself as an "energy, peak oil & sustainability research and news site". [1] The Oil Drum was published by the Institute for the Study of Energy and Our Future, a Colorado non-profit corporation. [ 2 ]
Canada exported over $160 billion worth of crude and refined petroleum in 2022, and US firms made up the lion's share of recipients. All told, Canada ships about 4 million barrels a day to the ...
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]
The 1980s oil glut was a significant surplus of crude oil caused by falling demand following the 1970s energy crisis.The world price of oil had peaked in 1980 at over US$35 per barrel (equivalent to $129 per barrel in 2023 dollars, when adjusted for inflation); it fell in 1986 from $27 to below $10 ($75 to $28 in 2023 dollars).
The Oil Drum, an energy discussion website This page was last edited on 29 January 2022, at 19:25 (UTC). Text is available under the Creative Commons ...