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Energy Détente Title List    
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Issue DateTitleSubjectsCAPTION
Sep 25 2024
Mexico Gets 25% of U.S. Supply Surplus
U.S. REFINED PRODUCT EXPORTS RISING
Refining

Imports/Exports

Demand
Several developments have boosted U.S. refined product exports of late including growing domestic crude oil production and stalled domestic product demand that has been hobbled by a weak economy. In addition, U.S. refiners have performed well so far in 2024 averaging 90% capacity utilization, enabling robust gasoline and distillate output.
Jun 27 2024
Sanctions Aftermath
RUSSIA PETROLEUM PERSPECTIVE
Country Profile




The world's second biggest oil exporter is on track to take in more than $16-billion in oil export revenues this year, despite severe Western sanctions. Russia's vital oil statistics, detailed herein, reveal surprising strength.
Mar 27 2024
World Refining Hub Prospering
U.S. MARGIN STAYING POWER
Refining




Three years ago, U.S. refiners were hanging on by a thread, with product demand devastated and margin collapsed. Many considered it a terminal diagnosis. Instead, the 2021-2024 period has been golden for those plants remaining open. This report examines margin history, oil prices, shale oil advantage, and gasoline demand.
Dec 26 2023
Potential Powerhouse
GUYANA'S PETROLEUM EMERGENCE
Production/Supply/Demand




An offshore discovery in 2015 thrust Guyana into the spotlight among world oil producers. With production currently at 400,000 b/d, and more development in the works, the best is yet to come.
Sep 28 2023
IEA Issues Political 2030 Projection
RESURGENT WORLD OIL DEMAND
Demand




Global oil demand is on track to set a new all-time record high in 2023, proving many of its detractors wrong yet again. One of those is the International Energy Agency which has announced oil demand will peak in 2028 and decline thereafter. Others, including OPEC, vigorously disagree that demand is close to peaking, and are warning a decline in investment may lead to disaster.
Jun 10 2023
Recession-Scared Oil Price Enabled
$1.20 GAL. DROP IN WORLD PUMP PRICE
Retail Prices




The world average retail price of gasoline has dropped over $1 per gallon since last Summer, to $4.04. Growing refiner margins have arrested retail gasoline's price descent in 2023. The largest consuming nation, the U.S., averages $3.67 gal. Currently 24 nations are subsidizing gasoline. At the other extreme are high priced Hong Kong ($11.32 gal.), and Denmark ($7.85 gal.)
Mar 29 2023
En Route to Renationalization?
MEXICO LEADER VOWS TO END CRUDE OIL EXPORTS
Production/Supply/Demand




Mexico oil reserves will last a mere eight years at the current extraction rates and refined product import dependency now exceeds 50%. This report examines Mexico's oil production collapse, an attempt at privatization, and its current reversal under a new President who wants to end oil exports.
Dec 27 2022
December 27, 2022: Nine Waning Exporters
OIL STATES' EXPORT STATUS TRANSITION
Production/Supply/Demand

Imports/Exports


In 2005, the nine nations featured in this report exported a combined 5-million barrels per day to world consumers. Now, instead of exporting, this group imports 1.4-million b/d. This report features dramatic events that have flipped nations from petroleum exporter to importer status.
Sep 28 2022
Gyrating Production, Price, Profits
MAJORS FINANCIAL RECOVERY, 2022
Production/Supply/Demand




Oil and gas producers lost billions in 2020, recovered nicely in 2021, and so far in 2022 are enjoying huge profits thanks to elevated crude oil and gas prices. But despite 2022's achievements, dark clouds are forming on the horizon including the increasing likelihood of a global recession, which would pummel demand. The world's six largest private major oil companies are featured herein.
Jun 21 2022
Handicapped Refining and Embargo Put
2022 DIESEL SUPPLY IN CRISIS
Production/Supply/Demand




Shut refineries in the U.S. and elsewhere, delayed refining expansion, and embargos are rendering current capacity inadequate to handle even the modest recovery in global distillate demand this year. This report examines price, supply, stocks, and potential recovery scenarios.
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