US Energy Information Administration news
EIA: record liquid fuels inventory builds expected
The US EIA has reported that it expects record liquid fuels inventory builds in early 2020, followed by draws.
US refinery runs decline
The EIA has reported that low transportation fuel demand and reduced profitability is driving refinery run declines.
US ethanol exports fall in 2019
The US EIA has reported that ethanol exports fell for the first time in four years in 2019.
US crude oil inventories approach record-high levels
The EIA has reported that US crude oil inventories are approaching record-high levels.
Natural gas markets remain regionalised compared to oil
The EIA has published research into natural gas markets which finds that they remain regionalised when compared with oil markets.
Low liquidity and storage pushed WTI crude futures prices below zero
The EIA has reported on the factors which fed into the WTI crude oil futures prices dropping below zero.
Withdrawals from natural gas storage were lowest since 2015 – 2016
The US EIA has reported that withdrawals from natural gas storage this winter were at their lowest levels since 2015 – 2016.
Lowest US petroleum consumption in decades
The EIA has reported that COVID-19 mitigation efforts have resulted in the lowest US petroleum consumption in decades.
US total energy exports exceeded imports in 2019
The EIA has reported that total energy exports exceeded imports in 2019 for the first time in 67 years.
EIA publishes crude oil and refined products balances
The US EIA has published its Weekly Petroleum Status Report which provides crude oil and refined products balances for the US.