energy

Release date: October 5, 2016  |  Next release date: October 13, 2016 U.S. crude oil imports rise during first-half 2016, first increase since 2010 During the first half of 2016, U.S. gross crude oil imports increased by 528,000 barrels per day (b/d), or 7%, compared to the first half of 2015. This increase reverses a multiyear trend of decreasing […]Read More

Release date: October 13, 2016  |  Next release date: October 19, 2016 Updated forecast in October STEO implies slower path to global oil market balance The U.S. Energy Information Administration’s (EIA) October Short-Term Energy Outlook (STEO) indicates that oil market conditions are somewhat looser by the end of 2017 than previously projected. Although the annual average spot prices for […]Read More

Release date: October 19, 2016  |  Next release date: October 26, 2016 Heating oil expenditures expected to increase 38% this winter, but remain below normal EIA’s recently released Winter Fuels Outlook projects that household heating expenditures and consumption will rise for all fuels compared with last year’s unusually mild winter. This is particularly true for households that rely primarily […]Read More

Release date: October 26, 2016  |  Next release date: November 2, 2016 Low tanker rates are enabling long-distance crude oil and petroleum product trade Shipments of crude oil and petroleum products using marine tankers support an integrated global market for crude oil and petroleum products. Recent expansion of the global tanker fleet has resulted in falling or lower tanker […]Read More

Release date: September 8, 2016  |  Next release date: September 14, 2016 U.S. retail gasoline prices at twelve-year low heading into Labor Day The U.S. average retail price for regular gasoline was $2.24/gallon (gal) on August 29, the lowest price on the Monday before Labor Day since 2004 and 27 cents/gal lower than the same time last year (Figure […]Read More

Release date: September 14, 2016  |  Next release date: September 21, 2016 EIA’s weekly crude oil inventory data will soon be presented without lease stocks Starting with the Weekly Petroleum Status Report (WPSR) published on October 13, 2016, the U.S. total commercial crude oil inventory weekly data series will no longer include lease stocks. This change reflects our understanding […]Read More

Release date: August 10, 2016  |  Next release date: August 17, 2016 U.S. crude oil exports reach more destinations and continue to increase Since the removal of restrictions on exporting U.S. crude oil in December 2015, the number of countries receiving exported U.S. crude has risen sharply. These exports have occurred despite a sustained narrow price premium of international […]Read More

Release date: August 17, 2016  |  Next release date: August 24, 2016 OPEC net oil export revenue in 2015 drops to lowest level since 2004 Members of the Organization of the Petroleum Exporting Countries (OPEC) earned $404 billion in net oil export revenue in 2015, according to recently published U.S. Energy Information Administration (EIA) estimates (Figure 1). This represents […]Read More

Release date: August 24, 2016  |  Next release date: August 31, 2016 Changing crude oil price differentials contribute to global convergence of refining profits Refinery earnings were lower in second-quarter 2016 compared with the same time last year and are converging among different locations globally. Lower crack spreads (the price difference between crude oil and petroleum products) contributed to […]Read More

Release date: August 31, 2016  |  Next release date: September 8, 2016 EIA now using near-real-time export data to provide better weekly petroleum consumption statistics Starting with the August 31 release of the Weekly Petroleum Status Report (WPSR), EIA is now publishing weekly export and petroleum consumption estimates based on near-real-time export data provided by U.S. Customs and Border […]Read More