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US Energy Information Administration news

EIA: Citgo auction process begins

On 23 October 2023, the US District Court of Delaware initiated a process that will see the sale of three refineries owned by Citgo parent company, PDV Holdings, the US subsidiary of Venezuelan state-owned oil company, Petróleos de Venezuela SA (PdVSA).


EIA: changes in US residential natural gas prices lag spot prices

Monthly average natural gas wholesale spot prices at the US benchmark Henry Hub have been generally declining so far in 2023, but these relatively low prices do not immediately translate into lower retail prices for residential consumers.


China imported record volumes of crude oil in 1H23

The EIA has reported that record volumes of crude oil were imported into China during 1H23 because of refinery expansions in the country and initiatives to reopen the economy.