Today in Energy More Today in Energy
Posted May 1, 2025Oil prices and refinery margins fell slightly in first quarter of 2025 ›
Note: Refinery margin is calculated as the 3-2-1 crack spread on the U.S. Atlantic Coast, which represents two barrels of gasoline and one barrel of distillate fuel oil minus three barrels of Brent crude oil. 1Q25=first quarter of 2025
During the first quarter of 2025 (1Q25), crude oil prices generally decreased while U.S. refinery margins initially increased before decreasing in the final month of the quarter. In this quarterly update, we review petroleum markets price developments in 1Q25, covering crude oil prices, refinery margins, biofuel compliance credit prices, and natural gas plant liquids prices.
More ›Previously in Today in Energy
What's New
- Natural Gas Weekly Update
- May 01, 2025
- Wholesale Electricity and Natural Gas Market Data
- May 01, 2025
- Petroleum Marketing Monthly
- May 01, 2025
- More
-
Coming Up
- Underground Natural Gas Working Storage Capacity
- U.S. Crude Oil and Natural Gas Proved Reserves
- More
Top Picks
Data Highlights
- 5/1/2025
- Wind and solar combined share of generation
- 17.5
- %
-
0.8%
from year earlier
- 5/1/2025
- Daily electric power demand
- 10583
- GWh
-
2.0%
from year earlier
- 4/28/2025
- Natural gas spot prices
- $2.96
- /million Btu
-
$0.207 /million Btu
from week earlier -
$1.405 /million Btu
from year earlier
- 4/25/2025
- Brent spot prices
- $66.99
- /barrel
-
$2.34 /barrel
from week earlier -
$22.96 /barrel
from year earlier
Data, Analysis, & Projections
Natural Gas
Exploration and reserves, storage, imports and exports, production, prices, sales.
Electricity
Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions.
Nuclear & Uranium
Uranium fuel, nuclear reactors, generation, spent fuel.
Consumption & Efficiency
Energy use in homes, commercial buildings, manufacturing, and transportation.
Analysis & Projections
Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports.
Petroleum & Other Liquids
Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids.
Coal
Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports.
Renewable & Alternative Fuels
Includes hydropower, solar, wind, geothermal, biomass and ethanol.
Total Energy
Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources.
