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Posts tagged ‘US Energy Information Administration’

Oil prices down in Asian trade US Energy Information Administration

SINGAPORE: Oil prices fell in Asian trade Thursday after a surprise uptick in US crude stockpiles, but losses were tempered by growing concerns over turmoil in Turkey, analysts said.
New York’s main contract, light sweet crude for delivery in July, dropped 37 cents to $95.51 a barrel and… Asian trade, Oil prices down, US crude stockpiles, US Energy Information Administration

High Oil Prices Starting to Affect China and IndiaEnergy Security US Energy Information Administration

The US Energy Information Administration recently released its report showing oil consumption by country updated through 2012. Based on this report, it appears that at current high oil prices, demand in both China and India is being reduced. Thus, for those who are wondering how high oil… China, economic development, Energy and Economy, Energy Security, Finance, high oil prices, India, Oil, Oil prices, Politics & Legislation, Risk Management, US Energy Information Administration

US oil output tops imports for first time since 1997 according to government data released

US crude production exceeded imports for the first time since early 1997 last week as rising output from shale plays cuts the country’s dependence on foreign oil, according to government data released on Wednesday. Imports of crude dipped to 7.268 million barrels per day (bpd) in the week… US crude production, US Energy Information Administration

Brent crude falls on German data, Mideast tensions Fears of supply disruption after the Israeli air strikes on Syria close

Brent crude oil fell more than $1 on Tuesday after nearly reaching a month’s high, as weak fundamentals curbed early gains spurred by strong German data and tension in the Middle East. Fears of supply disruption after the Israeli air strikes on Syria close to Damascus sent Brent close to… Brent crude falls, German data, Israeli air strikes, Middle East, Mideast, Syria close, US Energy Information Administration

Oil prices jump; US gasoline stocks decline Oil prices down US Energy Information Administration reaction to weak manufacturing data in China and Europe

Oil prices rose on Wednesday, led by gains of 2.5 percent in US crude on a surprisingly big drop in weekly gasoline stockpiles and speculation that the glut of crude at the Cushing, Oklahoma hub could soon ease. Weekly data from the US Energy Information Administration showed that inventories at… Oil prices down, Oil prices jump, US Energy Information Administration, US gasoline stocks

Age of renewables: Why shale gas won’t kill wind or solar discovery of significant reserves in Australia and elsewhere,

The emergence of the shale gas boom in the United States, and the discovery of significant reserves in Australia and elsewhere, has prompted many people in the energy industry to proclaim a “golden age” of gas, one that will cause the premature demise of renewable energy sources, even before…

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