Crude inventory drawdown’s relation to crude production

August 21, 2017 By Mark Rachal and Dale Delay

Crude prices have been volatile throughout the August downtrend. They moved higher from mid-June through July, but dropped from $50.17 to below $47 in August.

This article is tagged with Cost Management Solutions, crude inventory, crude production, Dale Delay, Mark Rachal, Trader's Corner, West Texas Intermediate (WTI) and posted in Blue Flame Blog

US refinery utilization, throughput kick into high gear

May 1, 2017 By Mark Rachal and Dale Delay

Last year, only slightly more than 20 percent of U.S. propane came from the refining of crude oil.

This article is tagged with Cost Management Solutions, crude production, Dale Delay, Mark Rachal, Organization of the Petroleum Exporting Countries (OPEC), Trader's Corner, West Texas Intermediate (WTI) and posted in Blue Flame Blog

US crude production offsets other production cuts

January 30, 2017 By Mark Rachal and Dale Delay

United States crude production increased 17,000 bpd last week. That put total U.S. production at 8.961 million bpd.

Global crude markets continue to adjust to OPEC’s new role in production

January 4, 2016 By Mark Rachal and Dale Delay

West Texas Intermediate (WTI) crude is the U.S. benchmark crude. Brent crude has become the benchmark crude for…

This article is tagged with crude, crude production, Dale Delay, Mark Rachal, Organization of the Petroleum Exporting Countries (OPEC), Trader's Corner, West Texas Intermediate (WTI) and posted in Blue Flame Blog

TAG: crude production