Saturday, December 21, 2024
Higher Gasoline Costs Sent Consumer Price Index Soaring in April - Oil & Gas 360

U.S. Midwest Floods to Weigh on Diesel Demand in Fall Harvest Season

From Reuters A disappointing planting season due to massive flooding in the U.S. Midwest this spring is expected to have spillover effects on diesel demand during harvest season, analysts and traders said. Heavy storms that lingered over the Midwest left millions of acres unseeded and put crops that were planted late at a greater risk for damage from severe weather

U.S. Crude Exports Jump to Record Level After Harvey Disrupts Refining

Hurricane Harvey disrupted U.S. Gulf Coast refining operations from late August to September in 2017, and pausing operations led to record-high U.S. crude oil exports when facilities reopened after the storm, the EIA reported today. In October 2017, crude oil exports from the United States reached a monthly record of more than 1.7 MMBOPD. The EIA’s Petroleum Supply Monthly data