August 13, 2015 Source: U.S. Energy Information Administration, On July 14, the P5+1 (the five permanent members of the United Nations Security Council and Germany) and Iran announced an agreement that could result in relief from United States and European Union nuclear-related sanctions (which include some oil-related sanctions). If the agreement is implemented and sanctions […]
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May 12, 2015 Source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update Republished May 12, 2015, 11:30 a.m., to correct an error in the text. Supply disruptions in the tightly balanced and relatively isolated California gasoline market have increased wholesale and retail gasoline prices over the past several weeks. This comes after markets had […]
April 6, 2015 Source: Copyright BP, p.l.c. Used with permission With the growth in U.S. production of light tight oil (LTO) in recent years, petroleum refiners in the United States have been processing greater volumes of LTO. To date, increased volumes of domestic LTO have mainly been accommodated with no- and low-cost options such as […]
