Crude oil futures for August 2021 settled down $1.48 @ $71.65/bbl, trading in a $1.47 range including the overnight. RBOB settled down 4.32/cpg and heating oil settled down 3.09/cpg. Approvals for companies to drill for oil and gas on U.S.…
Crude oil futures for August 2021 settled up $0.07 @ $72.98/bbl, trading in a $1.84 range including the overnight. RBOB settled up 2.24/cpg and heating oil settled up 0.37/cpg. With the next meeting at hand, OPEC and their working allies…
Crude oil futures for July 2021 settled up $0.22 @ $73.30/bbl, trading in a $1.29 range including the overnight. RBOB settled up 1.40/cpg and heating oil settled up 0.29/cpg. The American Petroleum Institute’s weekly crude oil storage report released late…
Crude oil futures for July 2021 settled down $1.11 @ $71.04/bbl, trading in a $2.53 range including the overnight. RBOB settled down 2.20/cpg and heating oil settled down 3.66/cpg. The United States and Iran have been holding indirect talks in…
Crude oil futures for July 2021 settled up $0.02 @ $66.07/bbl, trading in a $1.10 range including the overnight. RBOB settled down 0.04/cpg and heating oil settled down 0.66/cpg. According to Energy Information Administration weekly data, domestic crude oil refinery…
Crude oil futures for June 2021 settled down $1.31 @ $62.05/bbl, trading in a $2.07 range, including the overnight. RBOB settled down 5.48/cpg and heating oil settled down 4.27/cpg. The American Petroleum Institute’s weekly crude oil storage report released late…
Crude Oil Futures for June 2021 settled up $1.03 at $62.94/bbl, trading in a $1.39 range including the overnight. RBOB settled up 4.18/cpg and heating oil settled up 2.72/cpg. The Joint Technical Committee held its 51st meeting via videoconference to…
Crude oil futures for June 2021 settled up $0.08 @ $61.43/bbl, trading in a $1.26 range including the overnight. RBOB settled down 0.87/cpg and heating oil settled up 0.71/cpg. Domestic refineries have been running at reduced utilization rates since responses…
Crude oil futures for May 2021 settled up $0.48 @ $60.18/bbl, trading in a $0.95 range including the overnight. RBOB settled up 0.57/cpg and heating oil settled up 0.65/cpg. During the last week of March, Abu Dhabi allowed trading of…
Crude oil futures for May 2021 settled down $1.01 @ $60.55/bbl, trading in a $2.33 range including the overnight. RBOB settled down 0.62/cpg and heating oil settled down 2.06/cpg. According to EIA data, the OPEC+ extension of existing supply cuts…
Crude oil futures for May 2021 settled down $2.62 @ $58.56/bbl, trading in a $3.42 range including the overnight. RBOB settled down 6.81/cpg and heating oil settled down 7.78/cpg. OPEC said the recovery in oil demand will be focused on…
Crude oil futures for May 2021 settled down $3.80 @ $57.76/bbl, trading in a $4.03 range including the overnight. RBOB settled down 6.34/cpg and heating oil settled down 8.04/cpg. The U.S. Energy Information Administration expects OPEC crude oil production will…
Crude Oil Futures for April 2021 settled down $4.60 @ $60.00/bbl, trading in a $6.62 range including the overnight. RBOB settled down 10.30/cpg and heating oil settled down 12.19/cpg. Over the last week of trading, crude oil and its related…
Crude Oil futures for April 2021 settled down $0.59 @ $64.80/bbl, trading in a $1.63 range including the overnight. RBOB settled down 0.34/cpg and heating oil settled down 1.62/cpg. Domestic crude oil production averaged 11.3 million barrels per day in…
Crude oil futures for March 2021 settled up $0.31 @ $63.53/bbl, trading in a $1.16 range including the overnight. RBOB settled down 0.33/cpg and heating oil settled down 0.17/cpg. On a volume basis, domestic consumption of gasoline declined more than…
Crude Oil Futures for March 2021 settled down $0.03 @ $61.67/bbl, trading in a $2.33 range including the overnight. RBOB settled up 1.69/cpg and heating oil settled up 0.94/cpg. President Biden's revocation of the March 2019 permit enabling the construction…
Crude oil futures for March 2021 settled up $0.32 @ $58.68/bbl, trading in a $0.83 range including the overnight. RBOB settled down 2.02/cpg and heating oil settled up 0.43/cpg. The American Petroleum Institute’s weekly Crude Oil Storage Report released late…
Crude Oil Futures for March 2021 settled up $0.54 @ $56.23/bbl, trading in a $1.28 range including the overnight. RBOB settled down 0.38/cpg and heating oil settled up 1.00/cpg. Responses to the 2019 novel COVID-19 pandemic caused global demand for…
Crude oil futures for March 2021 settled up $1.21 @ $54.76/bbl, trading in a $1.81 range including the overnight. RBOB settled up 2.59/cpg and heating oil settled up 2.77/cpg. Michigan’s environmental agency said this past Friday it has approved construction…
Crude oil futures for March 2021 settled down, $0.16 @ $52.61/bbl, trading in a $0.96 range including the overnight. RBOB settled up, 1.96/cpg and heating oil settled up, 0.45/cpg. According to leading data providers, the number of drilled but uncompleted…
Daily Energy Report for Jan 21, 2021 Crude oil futures for March 2021 settled down $0.18 @ $53.13/bbl, trading in a $0.66 range including the overnight. RBOB settled up 0.40/cpg and heating oil settled up 0.02/cpg. The American Petroleum…
Daily Energy Report for Jan. 20, 2020 Crude oil futures for February 2021settled up $0.26 @ $53.24/bbl, trading in a $0.74 range including the overnight session. RBOB settled up 0.58/cpg and heating oil settled up 0.17/cpg. In 2019, OPEC…
Crude Oil Futures for February 2021 settled down $0.61 @ $47.62/bbl trading in a $1.46 range including the overnight. RBOB settled down 1.12/cpg and Heating Oil settled down 1.10/cpg. Crude oil refinery inputs averaged 14.0 million barrels per day during…
Crude Oil Futures for February 2021 settled up $1.10 @ $48.12/bbl, trading in a $2.34 range including the overnight. RBOB settled up 4.25/cpg and Heating Oil settled up 3.59/cpg. The American Petroleum Institute’s weekly Crude Oil storage report released late…
Crude Oil Futures for February 2021 settled down $0.95 @ $47.02/bbl, trading in a $1.36 range including the overnight. RBOB settled down 2.09/cpg and Heating Oil settled down 1.58/cpg. The Energy Information Administration currently forecasts OPEC crude oil production will…
Crude Oil Futures for January 2021 settled up $0.74 @ $49.10/bbl, trading in a $1.18 range including the overnight. RBOB settled up 0.75/cpg and Heating Oil settled up 1.78/cpg. The American Petroleum Institute’s weekly Crude Oil storage report released late…
Crude Oil Futures for January 2021 settled down $0.21 @ $46.57/bbl, trading in a $0.95 range including the overnight. RBOB settled down 0.89/cpg and Heating Oil settled up 0.12/cpg. Wednesday morning’s weekly Energy Information Administration domestic Crude Oil storage data…
Crude Oil Futures for January 2021settled down $0.21 @ $46.57/bbl trading in a $0.95 range including the overnight. RBOB settled down 0.89/cpg and Heating Oil settled up 0.12/cpg. Wednesday morning’s weekly Energy Information Administration domestic Crude Oil storage data showed…
Crude Oil Futures for January 2021settled down $0.08 @ $45.52/bbl, trading in a $1.29 range, including the overnight. RBOB settled up 2.00/cpg and Heating Oil settled down 0.78/cpg. The American Petroleum Institute’s weekly Crude Oil storage report released late Tuesday…
Crude Oil Futures for January 2021 settled down $0.16 @ $45.60/bbl trading in a $0.79 range, including the overnight. RBOB settled up 0.01/cpg and Heating Oil settled up 0.75/cpg. The United States imported more crude oil and petroleum products than…