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About half of U.S. oil pipeline space is empty after boom time building spree - ENB
Crude Oil News

About half of U.S. oil pipeline space is empty after boom time building spree

December 16, 2021 Stu Turley

About half of U.S. oil pipeline space is sitting unused, heating up competition for barrels in higher-output areas like the Permian Basin in Texas. Overall U.S. pipeline capacity utilization is at around 50%, compared with […]

Cushing Oklahoma - ENB
Commodities

Want an 11% Yield? Give Oil a Try

October 22, 2021 Mariel Alumit

Time will tell which one is out of sync. Is it a forward oil curve that yields 11% on an annualized basis for investors, or is it a headline price of West Texas Intermediate crude […]

U.S. coal exports
Crude Oil News

Crude oil inventories in Cushing, Oklahoma, are down more than 40% from start of 2021

September 21, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, Weekly Petroleum Status Report and Working and Net Available Shell Storage Capacity Report Note: Crude oil inventories shown here are total stocks minus pipeline fill and stocks in transit by water, rail, and truck. Crude […]

oil storage - energynewsbeat.com
Commodities

U.S. Oil Prices Close Gap With Brent as Demand Keeps Climbing

June 18, 2021 Stu Turley

The U.S. oil market is reaching a crunch point. Each week drivers are traveling billions of miles on interstates, just as they did in 2019, before the pandemic ravaged global oil consumption. But despite a […]

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