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Crude Oil News

Overnight Oil Report 1/7/2021: Bullish EIA stock draw bid oil up, still weakness

January 7, 2021 Mariel Alumit

ENB Publishers Note: Some overnight bullish sentiment was capped as both the Asian and Euro opens bid oil down after a 8 mm/bbl per day draw from stocks help bid prices up above $51. Follow […]

lowest level since May 2016
Crude Oil News

U.S. petroleum refining capacity falls to its lowest level since May 2016

December 11, 2020 Stu Turley

As of September 1 (the latest data available), the United States had 18.4 million barrels per calendar day (b/cd) of petroleum refining capacity, also known as operable atmospheric crude oil distillation capacity. U.S. refining capacity had reached a […]

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