In the October 2018 update of its Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) increased the forecast spot price for Brent crude oil to $74 per barrel (b) in [...]
U.S. demand for distillate fuel oil is at its highest level in more than a decade. During the first five months of 2018, U.S. distillate fuel oil product supplied (the volume delivered out of the [...]
During May and June 2018, the price difference between the U.S. benchmark West Texas Intermediate (WTI) crude oil and the international benchmark Brent crude oil was the widest since 2015. Unlike [...]
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