Each step of the petroleum industry is examined by defining the primary components that impact economics and then quantifying the costs or revenues that flow from those activities.
Oil Industry Economics: From Wellhead to Gas Pump

Each step of the petroleum industry is examined by defining the primary components that impact economics and then quantifying the costs or revenues that flow from those activities.
On August 26th, DTN Director of Market Insights Dominick Chirichella led a webinar jam-packed with analysis and insight regarding the state of the fuel markets, and what to expect in the months to come. The full recording is available here. In the meantime, here’s a quick recap of the major points.
DTN Market Analyst Troy Vincent explains how the U.S. Energy Information Administration’s Product Supplied can send misleading signals in times of strategic inventory shifts.
-The range of expectations for September U.S. crude exports to China lies between 835,000 bpd and 1.2 million bpd. -Even the high-end estimate is still only roughly 1/3 of the volume needed to put China on track to meet the terms of the deal this year. – While new storage capacity additions will continue to
If there’s one thing that is certain in today’s oil market, it’s that uncertainty is near extremes. But the global fuel market shows signs of stabilizing.
When you are wading through all the data involved in making smart trades, timing is critical. Working with obsolete data will likely bring disastrous results. It’s imperative that you use real-time ticker data for your grain stocks trading.
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Lamb Fuels is credited with pioneering the fuel recovery market in the United States and Canada.
Crude prices have pushed higher this week despite Wednesday’s bearish fundamental data release by the EIA. So far this week, the plummeting U.S. dollar has overshadowed fundamental data which point to rising U.S. crude production and renewed weakness in demand amid the weight of the growing COVID-19 pandemic.