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HomePetroleum

Petroleum

petroleum product exports
EIA News

U.S. petroleum product exports set another record high in 2023

April 2, 2024 Mariel Alumit

Petroleum product exports from the United States averaged a record 6.1 million barrels per day (b/d) in 2023, a 2.5% increase from 2022, according to our Petroleum Supply Monthly. Propane drove the growth in U.S. petroleum […]

Price
EIA News

Kuwait’s oil exports shift from crude oil to petroleum products

September 26, 2023 Mariel Alumit

September 26, 2023 Data source: Kpler tanker tracking data (accessed August 2023) Kuwait‘s oil exports are shifting from crude oil to refined petroleum products following the addition of new refining capacity, according to data in […]

Electric Vehicles

American Petroleum Institute Claims The EPA Is Trying To Ban ICE Vehicles

May 11, 2023 Mariel Alumit

Authored by Irina Slav via OilPrice.com, The American Petroleum Institute has slammed the new emission rules proposed by the Environmental Protection Agency. The new rules would require a 13% reduction in annual vehicle emissions in […]

Petroleum
EIA News

Petroleum production in Mexico stabilizes after years of decline

April 20, 2023 Mariel Alumit

April 20, 2023 Data source: U.S. Energy Information Administration, International Energy Statistics and Short-Term Energy Outlook (STEO) After nearly two decades of steady declines, Mexico’s petroleum and liquid fuels production has remained stable since 2019, […]

Crude Oil News

Is It Time To Refill The Strategic Petroleum Reserve?

March 28, 2023 Mariel Alumit

Authored by Robert Rapier via OilPrice.com, The Biden Administration has sold 266 million barrels of oil from the Strategic Petroleum Reserve since his inauguration. In October, with prices still above $80, the administration announced that […]

Price
Crude Oil News

U.S. petroleum product exports set a record high in 2022

March 20, 2023 Mariel Alumit

March 20, 2023 Data source: U.S. Energy Information Administration, Petroleum Supply Monthly Note: HGL=hydrocarbon gas liquids In 2022, the United States set a new record for petroleum product exports, up 7% from 2021, according to […]

Petroleum
Crude Oil News

Permex Petroleum Provides Updated Reserve Report Confirming 27 Million Barrels of Oil Equivalent on its Permian Basin Assets

February 22, 2023 Mariel Alumit

​ DALLAS, Feb. 21, 2023 (GLOBE NEWSWIRE) — Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCD) (FSE: 75P) (“Permex” or the “Company”), an independent energy company engaged in the acquisition, exploration, development and production of oil […]

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