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Home2021July

Month: July 2021

Crude Oil News

US crude exports drop in May, India top buyer

July 2, 2021 Stu Turley

US crude exports fell by 16pc in May, with India the top buyer followed closely by China. Total domestic crude exports averaged 2.71mn b/d in May, down from 3.24mn b/d in April, according to trade […]

Energy Inflation -EnergyNewsBeat.com
Commodities

Russia has a strangle hold again and Energy Inflation Gathers Pace as EU Gas, Power Surge to Records

July 2, 2021 Stu Turley

Energy News Beat Publishers Note (ENB): Russia has held Europe hostage in the past and is doing it again with the Nordstream 1 down, and Nordstream 2 just starting operation. Politics sometimes just makes you […]

Opec+ JMMC ends with no recommendation -energynewsbeat
Commodities

OPEC+ Panel Recommends Gradual Output Hikes for Rest of Year

July 1, 2021 Stu Turley

An OPEC+ ministerial panel recommended a gradual increase in oil output to the end of the year, paving the way for the wider group to reach a deal that would keep a firm grip on […]

Commodities

Oil Climbs with OPEC+ Signaling More Gradual Supply Hike

July 1, 2021 Stu Turley

Oil advanced with OPEC+ producers reaching a tentative agreement to add limited supplies to the market in the coming months. Futures in New York rose as much as 3.7% on Thursday to the highest intraday […]

Commodities

Shell plans to hang on to Norco, Louisiana refinery – a good move with higher oil prices

July 1, 2021 Stu Turley

(Reuters) – By the end of 2021, Royal Dutch Shell Plc (RDSa.L) will have just one operating crude oil refinery in the United States: The 227,400 barrel-per-day (bpd) refinery in Norco, Louisiana. Sources familiar with Shell’s plans […]

US oil worker - Energy News Beat
Commodities

Another ‘Day of Reckoning’ For Big Oil is on the horizon, but it is not what you think

July 1, 2021 Stu Turley

There are several things that our team at King Operating get asked while talking with our clients. One of the questions is, will oil and gas be even needed after 3 to 5 years with […]

U.S. coal exports
EIA News

Nonfossil fuel sources accounted for 21% of U.S. energy consumption in 2020

July 1, 2021 Andy Del Prado

Source: U.S. Energy Information Administration, Monthly Energy Review Today in Energy would like to wish you a happy Fourth of July. New articles will resume on Tuesday, July 6. Primary energy consumption totaled 93 quadrillion British thermal units […]

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