Figure 2

U.S. Total Oil Inventory (excluding Strategic Petroleum Reserve)

 of Crude Oil and Petroleum Products

 (Src: Department of Energy Data)

   Million Barrels

. . . . Despite all the reports of rising production, this oil Continue reading →

Figure 11

Average East Coast Spot Distillate Oil Price and

Heating oil closing futures price since 12/14/15

(Src: Platt’s Oilgram data and NYMEX via WSJ)

  $’s per barrel            Continue reading →

Figure 11   U.S. Total Oil-Product Exports, Latest weekly and 4-weeks moving averages

(Src: Calculated from U.S. Department of Energy data)

   Million barrels per day

Figure 11 Rotary Rigs Running in parts of the world (Calculated from Baker Hughes data)

Rigs running per month