OIL DAILY

Top Stories

Top Story 1

OIL DAILY

Banking Crisis Could Raise Costs for US Clean Tech Sector

The collapse of Silicon Valley Bank likely won't have a direct impact on clean energy and climate technology start-ups, but it could help alter the financial environment for the emerging sector.
Thu, Mar 23, 2023
Read More >

Top Story 2

OIL DAILY

North Dakota Producers Back Refrack Tax Reform

Bakken shale producers are hopeful that a bill working its way through the North Dakota legislature could help them boost production from older wells as the tight oil play continues to mature.
Thu, Mar 23, 2023

Top Story 3

OIL DAILY

US Negotiating on Minerals Workaround for EV Credits

The top US trade official said negotiations are under way that could see Japan and Europe included in IRA EV tax credits.
Thu, Mar 23, 2023

Top Story 4

OIL DAILY

Granholm Eyes Fall for Talks on Hydrogen Hubs

US Energy Secretary Jennifer Granholm said the US Department of Energy is hoping to begin negotiations with selected companies and states seeking funding to establish hydrogen hubs in the US by the fall.
Thu, Mar 23, 2023

Latest Issue

Latest

OIL DAILY

US SPR Outlook Throws Water on Crude Futures

Crude futures gave up early gains on Thursday after it appeared that the US Department of Energy might not be a major buyer of the commodity this year.
Thu, Mar 23, 2023
OIL DAILY

Storage Draw Leaves US Gas Futures Rudderless

The April contract jumped as high as $2.261/MMBtu before falling in the afternoon to settle at $2.154/Btu, down 1.7¢ from Wednesday.
Thu, Mar 23, 2023
OIL DAILY

Hydrogen Buildout to Require at Least $85 Billion: DOE

The US Department of Energy anticipates the need for massive investment in midstream and end-use infrastructure for clean hydrogen production to meet demand in the years ahead.
Wed, Mar 22, 2023
OIL DAILY

Oil Futures Jump Despite US Inventory Increase

Oil prices shrugged off news of an increase in US crude inventories and rallied behind a decline in motor fuel stocks.
Wed, Mar 22, 2023
OIL DAILY

PDVSA Chief to Pull Double Duty as Oil Minister

Venezuelan President Nicolas Maduro has designated PDVSA head Pedro Tellechea to take over as the country's oil minister following the resignation of predecessor Tareck El Aissami amid a corruption probe.
Wed, Mar 22, 2023
OIL DAILY

US Oil Production Ends Winter With Uptick

US oil production increased by roughly 100,000 b/d to return to 12.3 million b/d in the week ended Mar. 17, according to the EIA.
Wed, Mar 22, 2023
OIL DAILY

Brent Fends Off $70, But Will It Hold?

Brent is so far holding above $70/bbl, but some warn that the same macroeconomic factors that drove its recent plunge remain in place.
Tue, Mar 21, 2023

In Brief

OIL DAILY

Corruption Probe Constricts Venezuela Exports

Expanded oil export contract reviews at Venezuela's state-run PDVSA have nearly halted all commercial crude and fuel releases as officials seek to match past invoices with payments.
Thu, Mar 23, 2023
OIL DAILY

Protests Dent Ecuador Output

Ecuador will need to revise down its crude oil production target by about 8% after Petroecuador declared force majeure on three more oil blocks because of protests.
Tue, Mar 21, 2023
OIL DAILY

Ammonia Giant CF Industries Buys US Facility

CF Industries Holdings, the world's top ammonia producer, will buy the US manufacturing facility of Australia's Incitec Pivot in a $1.68 billion deal.
Tue, Mar 21, 2023
OIL DAILY

Venezuela Oil Minister Resigns Amid PDVSA Probe

Venezuelan Oil Minister Tareck El Aissami said he will resign amid corruption investigations into PDVSA in a bid to support the investigative effort.
Mon, Mar 20, 2023
OIL DAILY

US Natgas Storage Falls by 58 Bcf

The EIA reported a 58 Bcf withdrawal for the week ended Mar. 10, bringing the volume of working gas in storage to 1,972 Bcf.
Thu, Mar 16, 2023
OIL DAILY

Pemex Narrows Maya Discount for April

Mexican state oil company Pemex adjusted its crude oil pricing formulas for April 2022.
Wed, Mar 15, 2023
OIL DAILY

US Crude Output Levels Out

US oil production stayed at roughly 12.2 million b/d in the week ended Mar. 10, according to the EIA.
Wed, Mar 15, 2023

Data Snapshot

INTERNATIONAL OIL DAILY

Equity Markets, Mar. 23, 2023

Key equity market index data, including EIF Global Oil and Gas Index, which comprises share prices of 21 publicly traded companies.
Thu, Mar 23, 2023
INTERNATIONAL OIL DAILY

Oil and Gas Prices, Mar. 23, 2023

Overview of international spot and futures prices for crude oil, refined petroleum products and natural gas.
Thu, Mar 23, 2023
INTERNATIONAL OIL DAILY

Equity Markets, Mar. 22, 2023

Key equity market index data, including EIF Global Oil and Gas Index, which comprises share prices of 21 publicly traded companies.
Wed, Mar 22, 2023

Search OIL DAILY archives

Chris Raine

Chris Raine is Editor of Oil Daily, coordinating coverage for Energy Intelligence’s Americas news coverage. Chris was previously Assistant Editor for Oil Daily and International Oil Daily and a Reporter covering the North American upstream.

Email Editor >

OIL MARKETS SERVICE>

INTERNATIONAL OIL DAILY

Russia's Novak Sees Urals Discount Narrowing
Thu, Mar 23, 2023
PETROLEUM INTELLIGENCE WEEKLY

Macro Concerns Seize Control of Oil Market
Thu, Mar 23, 2023
PETROLEUM INTELLIGENCE WEEKLY

Russian Product Flows Still High Despite Sanctions
Thu, Mar 23, 2023
PETROLEUM INTELLIGENCE WEEKLY

Marketview: Smoke, Mirrors and Cuts
Thu, Mar 23, 2023

Copyright Notice

Copyright © 2023 by Energy Intelligence Group, Inc. ISSN 1529-4366. Oil Daily® is a registered trademark of Energy Intelligence. All rights reserved. Access, distribution and reproduction are subject to the terms and conditions of the subscription agreement and/or license with Energy Intelligence. Access, distribution, reproduction or electronic forwarding not specifically defined and authorized in a valid subscription agreement or license with Energy Intelligence is willful copyright infringement.

Additional copies of individual issues or articles may be obtained by contacting Customer Service: customerservice@energyintel.com
Sales: sales@energyintel.com
Customer Service: customerservice@energyintel.com

Explore Energy Intelligence>