Tag: oil prices
Even the “Bright Side” of Cheap Oil for Inputs a Lagging Benefit – OpEd Apr 21, 2020
Crop production is an energy-intensive business. So, if there’s a silver lining in the collapse in energy prices, it’s the potential for trimming input costs from fuel, to seed, to fertilizer […]
Diesel Buying Opportunity for Farmers – DTN Mar 25, 2020
In addition to the worldwide health crisis it has created, the COVID-19 pandemic has had a major impact on a wide range of markets. One of those is the crude […]
Montana Court Stalls Keystone XL Pipeline Project, Property Owners Relieved – DTN Nov 12, 2018
The Keystone XL pipeline project hit yet another snag, as a federal court in Montana on Thursday overturned President Donald Trump’s administration’s approval of a permit to build the pipeline. […]
Moving Grain: Chinese Celebration May Slow Ocean Freight Rates Increase Feb 16, 2018
Chinese Lunar Year Celebration May Slow Ocean Freight Rates Increase Ocean freight rates for shipping bulk grains have declined for two consecutive weeks. For the week ending February 8, the […]
Energy: Variation Across Gasoline Consumption Estimates — A Guide for the Perplexed May 4, 2016
Gasoline consumption is a closely watched indicator for analysts who track oil markets and economic activity. However, data and estimates available from a variety of public and private sources often […]
Energy: Crude Oil Prices Rise, High Inventories Make Further Gains Unlikely Apr 27, 2016
Global crude oil prices in April rose in response to near-term supply concerns and a more positive economic outlook that suggests rising demand for crude oil. The stronger crude oil […]
U.S. Energy: Onshore-Only Oil Producers Saw Variable Losses in 2015 Apr 20, 2016
Analysis of the annual reports of 40 publicly traded onshore-only U.S. oil producers reveals combined losses of $67 billion in 2015, driven by significant reductions in sales revenue and write-downs […]
Energy: Crude Oil Price Forecast Lowered Mar 10, 2016
The Short-Term Energy Outlook (STEO) released on March 8 forecasts that North Sea Brent crude oil prices will average $34 per barrel (b) in 2016 and $40/b in 2017, $3/b […]
Are Gasoline Prices Still High Relative to Crude Oil Prices? Feb 25, 2016
The downdraft in crude oil prices picked up steam in the last few months, with Brent prices dropping into the low $30s, the lowest level since early 2004 (Figure 1). […]
U.S. Energy: Retail Gas Prices to Average Below $2 in 2016 Feb 10, 2016
The Short-Term Energy Outlook (STEO) released on February 9 forecasts that the U.S. retail regular gasoline price will average $1.98/gallon (gal) in 2016, which would be the lowest annual average […]