oil

Prices reached just over $72 a barrel on Thursday evening.

To view more FreightWaves infographics, click here

To view more FreightWaves infographics, click here

To view more FreightWaves infographics, click here

U.S. crude oil production

“Brent Blend” sounds like something Loretta Lynn’s forebears might have distilled in West Virginia.

Net income of oil and gas companies

Average change in the price of selected raw materials

Oil prices fell hard on Friday, but longer term, a key oil forecasting agency sees structural issues that are boosting diesel prices.

In general, land-based oil spills are more time-intensive to clean up, but oil spreads out more rapidly in water.

Relatively abundant for most of the pandemic, flatbed capacity has become scarcer than ever thanks to the surging price of crude and a white-hot construction sector.

EIA forecasts global crude oil demand will exceed global supply through the end of the year.

The first big Rockies snowstorm this season could delay truckers as well as operations at intermodal hubs and oil facilities (video forecast included).

Hurricane Ida made landfall near Port Fourchon, Louisiana, as a Category 4 hurricane on Aug. 29

Stephen Jones of Argus Media is one of the company’s leading analysts. He shares the Argus view of the market at the FreightWaves Fuel Buyers Summit.

Learn more about refineries

In 2020, five countries accounted for about 50% of the world’s total crude oil production

1974: Administration opposes HR-8193, but House sub-committee gives it an OK. Mountainous Bolivia asks 50% for its ships; others get 100% share of their own trade.

“We are focused on helping early stage companies scale up and be successful on that journey by having access to our facilities, our technical experts and our global business network.”

Worldwide Oilfield Machine’s co-founder unveils her strategy for a healthy company, no matter if the times are good or bad.