Asian residual fuel prices narrow
According the US EIA's Today in Energy, low inventories and supply developments are affecting Asian residual fuel oil prices.
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The EIA has announced that the US remained the world's top producer of petroleum and natural gas hydrocarbons in 2016.
According to the US EIA, net oil revenues from oil producing and exporting countries (OPEC) in 2016 were the lowest they have been since 2004.
According to the US EIA's Today in Energy report, US crude oil imports increased in 2016.
The EIA has reported that US energy-related CO2 emissions fell by 1.7% in 2016.
According to the US EIA, rail shipments of propane have increased with butane to West Coast offsets decreasing production.
According to the US EIA, US biomass-based diesel imports have increased 65%, setting a new record in 2016.
The US EIA has announced that US crude oil imports from Saudi Arabia and Iraq have recently increased, but may decline soon.
Orbital Gas Systems has been awarded a contract valued in excess of US$750 000 by a major European industrial company operating bio-methane-to-grid plants throughout Europe.
According to the EIA, the US’ export value to Mexico was more than twice its import value in 2016.
