Energy Storage

Auto Added by WPeMatico

COMMENTARY: What Influences Crude Oil More? US Bombs or Iran’s Silent Allies – Russell

Conventional Energy, Energy Commentary, Energy Storage, Energy Topics & Technology, Latest, Oil, US News / By

By Clyde Russell LAUNCESTON, Australia, June 24 (Reuters) – Crude oil’s sharp reversal of the Israel-Iran war premium shows the power of a few words from a key player to move the market, but in doing so it also masks the greater influence of those who stay largely silent. Global benchmark Brent futures plunged after …

COMMENTARY: What Influences Crude Oil More? US Bombs or Iran’s Silent Allies – Russell Read More »

US Crude Inventories Fall by Most in a Year, Fuel Stocks Build, EIA Says

Conventional Energy, Energy Storage, Energy Topics & Technology, Latest, Oil, US News / By

(Reuters) – U.S. crude oil stockpiles fell sharply last week, posting their largest decline in a year, while gasoline and distillate inventories rose, the Energy Information Administration said on Wednesday. Crude inventories fell by 11.5 million barrels to 420.9 million barrels in the week ending June 13, the EIA said, compared with analysts’ expectations in …

US Crude Inventories Fall by Most in a Year, Fuel Stocks Build, EIA Says Read More »

US Crude Stocks Fall, Gasoline and Distillate Inventories Rise as Refining Activity Increases, EIA Says

Conventional Energy, Energy Storage, Energy Topics & Technology, Latest, Oil, US News / By

(Reuters) – U.S. crude stocks fell last week as refining activity picked up, driving gasoline and distillate inventories higher, the Energy Information Administration (EIA) said on Wednesday. Crude inventories fell by 3.6 million barrels to 432.4 million barrels in the week ended June 6, the EIA said, compared with analysts’ expectations in a Reuters poll …

US Crude Stocks Fall, Gasoline and Distillate Inventories Rise as Refining Activity Increases, EIA Says Read More »

US Crude Stockpiles Fall, Fuel Builds as Refiners Hike Output, EIA says

Conventional Energy, Energy Storage, Energy Topics & Technology, Latest, Oil, US News / By

(Reuters) – U.S. crude oil stockpiles fell last week as oil refiners ramped up production with the start of the summer driving season, while fuel inventories rose amid weaker demand, data from the Energy Information Administration showed on Wednesday. Crude inventories fell by 4.3 million barrels to 436.1 million barrels in the week ended May …

US Crude Stockpiles Fall, Fuel Builds as Refiners Hike Output, EIA says Read More »

Global Oil Stockpiles Are Rising Fast as OPEC+ Hikes Supply

CDN and International News, Conventional Energy, Energy Storage, Energy Topics & Technology, Latest, Oil / By

By Alex Longley Oil inventories have risen sharply across the world in recent weeks, a sign of the pressure that higher output from OPEC+ could place on the global crude market as the year progresses. Crude oil stockpiles globally rose by about 170 million barrels in the past 100 days, according to Kayrros, which monitors …

Global Oil Stockpiles Are Rising Fast as OPEC+ Hikes Supply Read More »

US Crude and Fuel Inventories Fall, Nigerian Crude Imports Jump, EIA Says

Conventional Energy, Energy Storage, Energy Topics & Technology, Latest, Oil, US News / By

(Reuters) – U.S. crude and fuel inventories all fell last week, while crude imports from Nigeria hit their highest level in nearly six years, the Energy Information Administration said on Thursday. Crude inventories fell by 2.8 million barrels to 440.4 million barrels in the week ending May 23, the EIA said, compared with analysts’ expectations …

US Crude and Fuel Inventories Fall, Nigerian Crude Imports Jump, EIA Says Read More »

US Crude Oil Storage Demand Surges as Traders Brace for OPEC+ Price War

Conventional Energy, Energy Storage, Energy Topics & Technology, Latest, Oil, Tri-Pinned, US News / By

 U.S. crude oil storage demand has surged in recent weeks to levels similar to the COVID-19 pandemic, according to data from storage broker The Tank Tiger, as traders brace for a flood of increased supply in coming months from the Organization of the Petroleum Exporting Countries and its allies. This month, OPEC+ agreed to accelerate …

US Crude Oil Storage Demand Surges as Traders Brace for OPEC+ Price War Read More »

US Crude, Fuel Stocks Up as Crude Imports Rise, Product Demand Slips, EIA Says

Conventional Energy, Energy Storage, Energy Topics & Technology, Latest, Oil, US News / By

By Georgina Mccartney and Nicole Jao HOUSTON, May 21 (Reuters) – U.S. crude and fuel inventories posted surprise stock builds last week, the Energy Information Administration said on Wednesday, as crude imports hit a six-week high and gasoline, distillate demand slipped. Crude inventories rose by 1.3 million barrels to 443.2 million barrels in the week …

US Crude, Fuel Stocks Up as Crude Imports Rise, Product Demand Slips, EIA Says Read More »

Energy Storage Boom Drives Battery Shift, Leaving Nickel, Cobalt Behind

Batteries, Energy Storage, Energy Topics & Technology, Latest, US News / By

Summary Cheap LFP batteries drive rapid energy storage growth Storage demand for grid transitions expanding exponentially Trend likely to accelerate pivot away from nickel and cobalt (Reuters) – When Fidra Energy acquired a 55-acre (22-hectare) patch of northern England countryside in 2023, its plan to transform it into a 1.45 gigawatt energy storage facility – …

Energy Storage Boom Drives Battery Shift, Leaving Nickel, Cobalt Behind Read More »

US Utilities on Dealmaking Spree to Blockbuster 2025

Electricity Grid, Energy Services, Energy Storage, Energy Topics & Technology, Latest, US News / By

(Reuters) – With electricity demand in the United States set to hit record highs over the next two years, utilities are doubling down on assets that can boost their power generation capacity while shedding others to fund their massive spending plans. The U.S. utilities sector – which includes electric, gas and water utilities – has …

US Utilities on Dealmaking Spree to Blockbuster 2025 Read More »

Subscribe
Subscribe