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Articles from jet fuel

With Russia, OPEC Output in Question, U.S. Crude Production Ramps Up

Oil

With Russia, OPEC Output in Question, U.S. Crude Production Ramps Up

Domestic oil production jumped back to the 2022 peak level as OPEC and its allies affirmed plans to slash production through the end of the year as fallout from Russia’s war in Ukraine and China’s pandemic woes continued to roil global markets. The U.S. Energy Information Administration (EIA) said Wednesday output for the period ended…

December 7, 2022
U.S. Commercial Crude Oil Inventories Surge as Refinery Utilization Holds at Weak Levels, EIA Says

Oil

U.S. Commercial Crude Oil Inventories Surge as Refinery Utilization Holds at Weak Levels, EIA Says

U.S. oil inventories jumped last week, marking a second consecutive spike as refineries continued to operate well below capacity in the aftermath of the February Arctic freeze that upended the Texas energy system. Domestic commercial crude oil inventories for the week ended March 5 — excluding those in the Strategic Petroleum Reserve — increased by…

March 10, 2021