RT @exxonmobil: Today we announced our plans to join the Oil and Gas Climate Initiative, a voluntary initiative representing 13 of the worl…
Oil & Gas Journal Archive
- US House Democrats express NPR-A oil development concerns to BLM
- US Coast Guard withdraws 1999 offshore oil and gas proposed rule
- ExxonMobil to join oil and gas climate initiative
- Verus Petroleum to acquire Cieco E&P (UK)
- Total buys provider of EV-charging systems
- MARKET WATCH: NYMEX oil prices jump more than $1/bbl on lower crude inventory
- Polish president seeks more US help in fighting Russian energy moves
- CERI: Canadian LNG export economics not globally competitive
- Linn, Roan Holdings to combine to form pure-play firm
- Sorrells promoted at Texas Railroad Commission
- BLM issues final oil, gas waste prevention rule with reforms
- EIA: US crude inventories decrease 2.1 million bbl
- MARKET WATCH: NYMEX oil, gas prices rise on US-China trade tensions
- ESAI: Refinery expansions overwhelms rising gasoline, diesel demand
- MARKET WATCH: NYMEX, Brent oil prices fall slightly pending full US sanctions on Iran
Light, sweet crude oil prices for November delivery fell by less than a dime on the London market Sept. 17 to hold above $68/bbl while Brent crude oil prices on the London market also fell slightly, settling above $78/bbl.
In its latest Global Fuels Outlook, ESAI Energy projects global demand for transportation fuels to rise by more than 1 million b/d in 2019 after increasing by just 800,000 b/d in 2018. This acceleration will be driven by a recovery in gasoline and diesel demand growth.
The light, sweet crude oil prices for October gained nearly $1 on the New York market Sept. 18 to settle at $69.85/bbl while the Brent crude contract for November delivery also jumped nearly $1 in London to settle just above $79/bbl.