In Chemical Industry On October 15, 2021
Heating fuel expenditures expected to increase from last year In our October Winter Fuels Outlook, we expect that higher energy prices and a slightly colder winter compared with last
In Chemical Industry On October 7, 2021
U.S. gasoline exports in May, June, and July established new seasonal records According to our Weekly Petroleum Status Report) suggests that August 2021 gasoline exports were lower than 2020
In Chemical Industry On September 30, 2021
New June tax policy in China affects petroleum product trade in Asia On June 12, 2021, China implemented a new consumption tax policy affecting its imports of mixed aromatics
In Chemical Industry On September 23, 2021
Natural gas revenue made up an increasing share of total revenue for some U.S. oil producers West Texas Intermediate (WTI) crude oil prices have surpassed 2019 levels after having
In Chemical Industry On September 15, 2021
High international demand and lower global supply contribute to rising propane prices Since mid-September 2020, propane prices at Mont Belvieu, Texas, the main U.S. hydrocarbon gas liquids (HGL) hub,
In Chemical Industry On September 10, 2021
Hurricane Ida disruptions limit crude oil production and refining activity On Sunday, August 29, Hurricane Ida made landfall near Port Fourchon, Loiusiana, as a Category 4 hurricane (sustained wind
In Chemical Industry On September 2, 2021
Pre-Labor Day retail gasoline prices are the highest since 2014 On August 30, 2021, the Monday before the Labor Day weekend, the regular gasoline retail price averaged $3.14 per
In Chemical Industry On August 26, 2021
Number of drilled but uncompleted wells declines Based on our latest Drilling Productivity Report (DPR), there were 5,957 drilled but uncompleted wells (DUCs) in all DPR regions in July
In Chemical Industry On August 19, 2021
New Middle East crude oil futures contract began trading in March On March 29, 2021, the ICE Futures Abu Dhabi (IFAD) exchange began trading the new Murban crude oil
In Chemical Industry On August 11, 2021
OPEC petroleum production forecast revised down for 2021 In the August Short-Term Energy Outlook (STEO), we forecast larger than previously expected world petroleum inventory draws in 2021 and larger
