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US petroleum exports exceed imports in 1H21: Energy Information Admin.
-Country became net exporter in first half of 2020, supplying 432,000 barrels per day more of crude oil and petroleum products
US Democratic lawmakers inquire of big oil firms’ role in global warming
- Lawmakers send letters to four firms, accusing them of misleading public about dangers of fossil fuels
US crude oil inventories down 1.5% for week ending Sept. 10
- Commercial crude oil stocks decrease by 6.4 million barrels, lower than market expectation of 3.9 million-barrel draw
US oil rig count up by 7 for week ending Sept. 10
- Number of US oil rigs rise by 221 compared to one year ago
Oil up as US fuel stocks drop over expectations
- US gasoline inventories fall by 7.2 million barrels, signaling improving demand and more mobility
US crude oil inventories down 0.4% for week ending Sept. 3
- Commercial crude oil stocks decrease by 1.4 million barrels, lower than market expectation of 3.9 million-barrel draw
US energy agency revises down oil price forecast for 2021
- International benchmark Brent crude now estimated to average $68.61 per barrel in 2021 from previous forecast of $68.71
US oil rig count down by 16 for week ending Sep. 3
- Number of US oil rigs rise by 213 compared to one year ago
ANALYSIS - OPEC+ keeps hopes up
- One of key challenges for OPEC+ for next years will be to procure all it can to keep well-supplied oil market running parallel to post-pandemic recovery period both for consumers and producers alike
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US crude oil inventories down 1.7% for week ending August 27
- Commercial crude oil stocks decrease by 7.2 million barrels, higher than market expectation of 2.8 million-barrel draw
US oil rig count up by 5 for week ending Aug. 27
- Number of US oil rigs rise by 230 compared to one year ago
Oil prices down over COVID-induced demand fears despite US oil stock drop
- US inventories fall by 3 million barrels relative to market estimate of 2.37 million-barrel decrease
US crude oil inventories down 0.7% for week ending August 20
- Commercial crude oil stocks decrease by 3 million barrels, relative to market expectation of 2.37 million-barrel draw
Oil prices steady over estimated drop in US stockpiles, fire at Mexico oil platform
- US estimates fall of 1.62 million barrels in crude stocks although market estimate is decrease of 2.37 million barrels
US drug authority gives full approval to Pfizer-BioNTech COVID-19 vaccine
- Some 40,000 people in trial of effectiveness of vaccine, found to 91% effective in preventing COVID-19 infection, says FDA
US crude oil inventories down 0.7% for week ending August 13
- Commercial crude oil stocks decrease by 3.2 million barrels, relative to market expectation of 1.26 million-barrel draw
Oil up on declining US oil stocks while rising virus cases hamper demand
- Weak dollar and US inventory drop support prices but rising Delta cases and poor economic data from China suppresses demand
4 injured in Lebanon fuel tanker blast transferred to Turkey
- Turkey first country to take action at request of Lebanese authorities, says Turkish ambassador to Lebanon
US sanctions oil broker for allegedly aiding Iran's Quds Force
- Mahmood Rashid Amur al-Habsi designated for facilitating 'the sale and shipment of Iranian oil,' says US Treasury Department
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Oil prices down on oversupply concerns from US's output call to OPEC+
- Price declines are limited due to fall in US commercial crude oil inventories
US crude oil inventories down 0.1% for week ending August 6
- Commercial crude oil stocks decrease by 400,000 barrels, lower than market expectation of 1.05 million-barrel draw
US energy agency revises oil price forecast downward for 2021/22
- International benchmark Brent crude is now estimated to average $68.71 per barrel in 2021 from previous forecast of $68.78
US, Israel to jointly cooperate in region after tanker attack
- Defense secretaries agree 'to work together alongside allies and partners in condemning Iran’s aggression'
US oil rig count up by 2 for week ending Aug. 6
- Number of US oil rigs rise by 211 compared to one year ago
Oil down over 3% due to demand fears in week ending August 6
- Investors focus on Chinese oil demand drop, bearish US economic data, and increasing OPEC+ oil production during week
Oil drops on shock US stocks build and rise in China virus cases
- Concerns rise with China's announcement of fresh travel restrictions with further increase in COVID-19 Delta variant cases
US crude oil inventories rise 0.8% for week ending July 30
- Commercial crude oil stocks surge by 3.6 million barrels, higher than market expectation of 2.9 million-barrel draw
Oil prices mixed over minor drop in US stocks, tensions in Gulf region
- US estimates fall of 879,000 barrels in crude stocks although market estimate is decrease of 2.9 million barrels