Tag: EIA
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US exports of crude oil, petroleum products double in last six years – EIA
United States (US) crude oil and petroleum product gross exports have more than doubled over the past six years, says the Energy Information Administration...
Crude prices fall back on profit making
According to data released Friday by oil service company Baker Hughes, the number of U.S. oil rigs in use fell by 10 this week...
Price of oil dwindles despite surge in supplies
U.S. crude supplies of last week added 2.1 million barrels to 504.1 million barrels, 78.5 million barrels more than one year before, according...
Oil prices sink further amid excess in supply
Russia's oil output climbed 1.5 percent in January, reaching a post-Soviet high level, according to data from Russian Energy Ministry.
U.S....
Oil prices remain steady amid worrying glut trends
Oil prices ended little changed Friday as worries that global supply would surpass demand persisted.
The abundant supplies continued to drag the market. Iran...
