Category: Industry News
Crude oil prices end the year lower than they began the year
Brent crude oil averaged $72 per barrel (b) in 2018, and West Texas Intermediate (WTI) averaged $65/b in 2018. The…
Marathon Energy – Weekly Market Update 1/2/19
Heating Oil Prompt-month heating oil futures decreased 3.74% for the week ending Friday, 12/28, as prices fell $0.0645 per gallon….
Energy commodity prices fell significantly in the last quarter of 2018
After increasing 25% from January through the beginning of October in 2018, the spot energy index in the S&P Goldman…
Marathon Energy – Weekly Market Update 12/24/18
Heating Oil Prompt-month heating oil futures decreased 6.10% for the week ending Friday, 12/21, as prices fell $0.1126 per gallon….
Marathon Energy – Weekly Market Update 12/17/18
Heating Oil Prompt-month heating oil futures decreased 2.17% for the week ending Friday, 12/14, as prices fell $0.0409 per gallon….
Coming changes in marine fuel sulfur limits will affect global oil markets
International regulations limiting sulfur in fuels for ocean-going vessels, set to take effect in January 2020, have implications for vessel…
South Korea stopped importing condensate from Iran before receiving sanctions waivers
South Korea, the worlds leading importer of condensates, has sought alternatives to partially offset declines in imports of Iranian condensates…
Energy Highlight of the Week – Annual Coal Consumption in U.S. Plummeting
Energy Highlight of the Week Source: U.S. Energy Information Administration, Monthly Energy Review October 2018 and STEO November 2018 Annual…
For one week in November, the U.S. was a net exporter of crude oil and petroleum products
During the week ending November 30, 2018, the United States exported more crude oil and petroleum products than it imported…
Changes in coal sector led to less SO2 and NOx emissions from electric power industry
Annual U.S. electric power industry emissions of sulfur dioxide (SO2) and nitrogen oxides (NOx) have declined by 88% and 76%,…