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Maritime Chokepoints are Critical to Global Energy Security

The U.S. Energy Information Administration (EIA) has released its 2017 World Oil Transit Chokepoints report highlighting chokepoints that are part of major trade routes for global seaborne oil transportation (Figure 1). Chokepoints are narrow channels along widely used global sea routes for oil[…]

This article is part of Market & News Update

Natural Gas News - July 27, 2017

Natural Gas News - July 27, 2017 Somerset Energy Center Monitoring System Should be Complete by October

This article is part of Nat Gas NGN Archive

Today’s Market Trend

Crude prices are up this morning at $48.40, gaining $.51 (1.06%) since closing yesterday. Prices soared higher yesterday in repose to the API inventory report, posting their largest percentage gain (3.08%) of the year, and the second largest absolute price gain ($1.43).  Prices this morning are[…]

This article is part of Crude Gasoline Diesel

U.S. crude oil production forecast expected to reach record high in 2018

In EIA’s latest Short-Term Energy Outlook (STEO), total U.S. crude oil production is forecast to average 9.3 million barrels per day (b/d) in 2017, up 0.5 million b/d from 2016. In 2018, EIA expects crude oil production to reach an average of 9.9 million b/d, which would surpass the previous record[…]

This article is part of Market & News Update

Natural Gas News - July 26, 2017

Natural Gas News - July 26, 2017 Appalachian States Look Past Coal, Ask Trump to Aid Natural Gas

This article is part of Nat Gas NGN Archive

Today’s Market Trend

After losing steam for a few days, crude prices are back above $47 after closing last night at $46.34. Prices are currently $47.18, a gain of 1.81% this morning.

This article is part of Crude Gasoline Diesel

Gasoline and Diesel Retail Prices

The EIA released its weekly retail gasoline and diesel prices yesterday. Prices for both gasoline and diesel were higher across the board for the week ended July 24. NYMEX prices, which set the tone for wholesale prices nationally and, ultimately, retail prices, rose over 5% during the week before[…]

This article is part of Gasoline Diesel

Natural Gas News - July 25, 2017

Natural Gas News - July 25, 2017 Energy-Dominance Agenda and Regulatory Challenges

This article is part of Nat Gas NGN Archive

Today's Market Trend

After plummeting $1.50 on Friday, crude prices are up slightly to $45.99 this morning, a gain of 22 cents over Friday’s close. Markets fell dramatically ahead of OPEC’s meeting this weekend as markets expected no constructive announcements. Prices opened at $45.62, nearly $1.30 (2.8%) below[…]

This article is part of Crude gas prices Gasoline oil prices OPEC Diesel fuel prices Market & News Update Nigeria and Libya

Weekend Summary

Have an article worth sharing? Send it to FUELSNews@mansfieldoil.com, and we’ll share it next week in our Weekly Summary segment.

This article is part of Crude DEF Gasoline OPEC Venezuela Weekend Summary yara Diesel ethanol Saudi Arabia

Daily Commodity Report

COMMODITYLASTCHANGE
CRUDE$52.27▼0.35
NO.2 DSL$1.8694▼0.0192
GASOLINE$1.3796▼0.0061
NAT. GAS$3.10▲0.120
CBOT ETHANOL$1.2751▼0.0003
UPDATED01/24/19 - 8:57 a.m.

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