Remove Barrel Remove Basin Remove Blog
article thumbnail

Valor | Energy Connection – Feb. 24, 2025

Valor

per barrel, while WTI dropped 28 cents to $70.12 per barrel, following a $2 decline on Friday. million barrels per day (bpd) in 2024 to 13.6 The terminal will load up to 1 million barrels per day onto the worlds largest tankers, boosting U.S. million barrels Summary : U.S. million barrels to 432.5

Barrel 52
article thumbnail

Pastures of Plenty - PADD 4 Pipeline Connections, Higher Output Help it Balance Crude Market

RBN Energy

Yet, the Shale Revolution has impacted the Rockies as much as any other region, boosting production in the Denver-Julesburg (DJ) and Uinta basins, and the Montana portion of the Bakken. In todays RBN blog, well look at how PADD 4 dispenses these barrels and its role in balancing continental crude oil supply and demand.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Valor | Energy Connection – Mar. 10, 2025

Valor

per barrel and WTI dropping 40 cents to $66.64, marking WTIs seventh consecutive weekly lossthe longest streak since November 2023. In the Permian Basin, rig count declined by 1 to 3049 fewer than last yearwhile Eagle Ford added 1 rig to reach 49, though thats still 3 less than the previous year. per barrel (up 1.37%).

Energy 52
article thumbnail

Valor | Energy Connection – Feb. 11, 2025

Valor

Read more Europes oil demand may rise as gas hits $100 per barrel Summary : Europe’s oil demand may increase as natural gas prices surge to an oil-equivalent of $100 per barrel, making oil a more cost-effective alternative. The Permian Basin saw the largest increase, adding four rigs, highlighting the resilience of U.S.

Energy 52