Tag Archives: Brent

U.S. gasoline prices move with Brent rather than WTI crude oil

November 3, 2014 Source: U.S. Energy Information Administration, ; Bloomberg LP Recent increases in U.S. crude oil production have sparked discussion on how this increase in supply will be used by U.S. refiners given current limitations on . On October 30, EIA released a study that explored the relationships between crude oil and gasoline prices. […]

Average Brent crude oil prices trade within $5 per barrel range for 13 months in a row

August 21, 2014 Source: U.S. Energy Information Administration Brent crude oil spot prices averaged $ 107 per barrel (bbl) in July, marking the 13th consecutive month in which average Brent crude oil prices were between $ 107/bbl and $ 112/bbl (see graph above). Although supply growth from non-OPEC countries has outpaced world consumption in the […]

Not Ready to Buy or Sell Your Equipment?

Join our international network of oilfield buyers & sellers! 
We respect your privacy as well as your time and that's why we only send our newsletter no more than TWICE A MONTH.
 
ADD ME TO THE LIST
Two emails per month (maximum). No ads. No affiliate links.