future prices

 High crack spreads to drive elevated U.S. refinery utilization through the summer In our May 2022 Short-Term Energy Outlook (STEO), we forecast that U.S. refinery utilization will reach as high as 95% on a…

 International oil and natural gas companies reported increased cash flow and higher proved reserves in 2021 Annual financial reports by 119 publicly traded exploration and production companies reported that…

 Tanker rates increase as a result of geopolitical instability and bunker fuel costs Petroleum product tanker rates for routes originating in Europe rose to record highs in April 2022. Petroleum tankers are…

 Memorial Day gasoline prices highest since 2012, near record levels Heading into the Memorial Day weekend, the U.S. average retail price of regular gasoline was $4.59 per gallon (gal) on May 23, the highest…

 U.S. oil producers may be facing supply chain issues as they increase capital expenditure With higher crude oil prices, financial results for 42 U.S. exploration and production (E&P) companies showed large…