Tuesday, December 17, 2024
Oil Surplus Makes Surprise Return Despite OPEC Cuts, IEA Says - Oil&Gas360

OPEC Compliance Up, Demand Growth Down

Saudi ups its cut to 135% of pledge; oil demand growth will slow to 1.4 MMBOPD: IEA The IEA released its monthly Oil Market Report yesterday, outlining global supply and demand dynamics of the current oil market. After growing by 1.6 MMBOPD in 2016, global oil demand growth is expected to slow to 1.4 MMBOPD in 2017. According to the

U.S. Lawmaker Wants EPA's Biofuel Waivers Investigated - Oil & Gas 360

U.S. 2016 Ethanol Exports Reach Second Highest Level Ever: EIA

Brazil, China drive ethanol export growth U.S. ethanol exports in 2016 rose to the second highest levels on record, according to a note released by the EIA today. The U.S. exported more than 1 billion gallons of ethanol last year, an increase of 26% above levels seen in 2015. Ethanol is typically used as a blending component in gasoline, typically

White House Budget Increases Funding for Energy Development on Public Lands and Offshore, Continues to Streamline Permitting

The White House released its FY 2018 budget proposal today, entitled “America First – A Budget Blueprint to Make America Great Again.” The White House proposes a budget that will increase funds in support of energy development on public lands and offshore, and it intends to continue to streamline the permitting process “and provide industry with access to the energy resources