oil exports, Tag

Guest “No Schist Sherlock” by David Middleton Why Biden Sent American Oil To ChinaReuters reports that the U.S. sent 5 million barrels of oil to China, India, and Europe last…

Guest “Yee-hah! ” by David Middleton JULY 20, 2021U.S. crude oil exports reached record levels in 2020 and remain high in 2021 Despite volatility in global oil markets, U.S. crude…

Let me begin with two brief apologies – first, my last post on Iraq on TOD was hit with a vast quantity of spam that made it difficult to find all the pertinent comments, hopefully this post will have a little easier...

Recently, I explained how high oil prices can bring on financial collapse for oil importers. In this post, I’ll discuss the flip side of the situation: how oil exporters reach financial collapse.

The Oil Drum staff wishes a Merry Christmas to all in our readership community. We are on a brief hiatus in this period, and will be back with our regular publications early in the new year. In the meantime, we present the...

Countries trade crude oil and oil products back and forth. When all of these transactions are netted out, is the US close to becoming a “net” oil exporter?

Last week I was interviewed by Alan Colmes from Fox News Radio on the topic of gas prices. During the interview, he mentioned an idea that Bill O'Reilly has proposed, and that is to address gasoline prices by discouraging...

Does Thursday's announcement that the EU is considering to ban oil imports from Iran epitomise the draining of power from west to east? The big winners here will be China and India, who do not fear rising Iranian influence...

In 2008, there were nine countries that produced between 500 kbd and 1 mbd, according to the EIA. Of these, Azerbaijan has been able to increase production to just over 1 mbd, and I wrote about it last week. Therefore, let...

There were nine countries that, in 2008, produced between 500 kbd and 1 mbd , according to the EIA. Of these one, Azerbaijan, has been able to increase production to just over 1 mbd, and I wrote about it last week. Let...

This is a repost of an article that ran on The Oil Drum: Europe about two years ago. Today's events warrant another look at Libya's role in world oil production, past and future.

We have all been reading about Egypt in the newspapers, and wonder what is behind their problems. Let me offer a few insights. At least part of Egypt’s problem is the fact that in the past the government has threatened...

Matt Mushalik from Australia was good enough to send me this graph of world oil exports, calculated from new oil data provided by the EIA.