Power Price Volatility to Rise in 2020 as Renewables Gain Market Share
The influence of renewable energy in power generation is rising across the U.S. Growing adoption is creating an increase in wholesale price volatility, which we expect will expand in importance with the new decade. Much of the uptick to price volatility is caused by a reduced dependence on thermal units. These units are power stations […]
The Week Ahead For Crude Oil, Gas and NGLs Markets – December 9, 2019
[contextly_auto_sidebar] CRUDE OIL US crude oil inventories decreased by 4.9 MMbbl the week that ended Nov. 29, according to last week’s report from the US Energy Information Administration. Gasoline inventories increased by 3.4 MMbbl and distillate inventories by 3.1 MMbbl, and total petroleum stocks were down by 4.9 MMbbl, excluding the Strategic Petroleum Reserve. US […]
The Week Ahead For Crude Oil, Gas and NGLs Markets – December 2, 2019
[contextly_auto_sidebar] CRUDE OIL US crude oil inventories increased by 1.6 MMBbl last week, according to the weekly EIA report. Gasoline and distillate inventories increased 5.1 MMBbl and 0.7 MMBbl, respectively. Total petroleum inventories posted a slight increase of 0.1 MMBbl. US crude oil production rose 100 MBbl/d, per EIA, while crude oil imports were up […]
Canadian Oil Firms Find “Single Source of Truth” With Enverus
We are proud to work with so many companies that are part of Canada’s $110 billion-a-year oil and natural gas industry. There are Enverus Trading & Risk customers involved in all facets of extracting, processing, and delivering liquid petroleum products from the country’s underground reservoirs and vast oil sands to customers all over the world. […]
Going Nuclear: Clean and Reliable Energy for a Greener Future
If you print out all of the volumes of research and analysis Enverus Trading & Risk has produced this year, the stack of materials on oil, natural gas, and renewables would dwarf the nuclear power pile. The nuclear energy market just isn’t top-of-mind for energy commodity investors. However, now is the time to start watching […]
Enverus: Tracking America’s Exports Key to Understanding Future of Hydrocarbons Markets
November 19, 2019
The Week Ahead For Crude Oil, Gas and NGLs Markets – November 18, 2019
[contextly_auto_sidebar] CRUDE OIL US crude oil inventories increased by 2.2 MMBbl last week, according to the weekly EIA report. Gasoline inventories increased 1.9 MMBbl while distillate inventories decreased 2.5 MMBbl. Total petroleum inventories posted a decrease of 5.9 MMBbl. US crude oil production increased 200 MBbl/d from the previous week, per EIA, while crude oil […]
Pacific Northwest Refiners Face Crude Sourcing Setback in 2020
IMO 2020 rules restricting sulfur content in marine fuels will force refiners to find new sources of crude With the International Maritime Organization’s (IMO) restrictions on marine fuels with sulfur content greater than 0.5% coming into effect in January, refiners around the world should be well on their way toward adjusting their operations to mitigate […]
The Week Ahead For Crude Oil, Gas and NGLs Markets – November 11, 2019
[contextly_auto_sidebar] CRUDE OIL US crude oil inventories increased by 7.9 MMBbl last week, according to the weekly EIA report. Gasoline and distillate inventories decreased 2.8 MMBbl and 0.6 MMBbl, respectively. Total petroleum inventories posted an increase of 3.9 MMBbl, generated primarily by the crude build. US crude oil production was unchanged from the previous week, […]
The Week Ahead For Crude Oil, Gas and NGLs Markets – November 4, 2019
[contextly_auto_sidebar] CRUDE OIL US crude oil inventories increased by 5.7 MMBbl last week, according to the weekly EIA report. Gasoline inventories decreased 3.0 MMBbl while distillate inventories decreased 1.0 MMBbl. Total petroleum inventories posted a decrease of 2.2 MMBbl. US crude oil production was unchanged from the previous week, per EIA, while crude oil imports […]