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Posted September 16, 2014Today in Energy

Oil tanker sizes range from general purpose to ultra-large crude carriers on AFRA scale ›

The global crude oil and refined product tanker fleet uses a classification system to standardize contract terms, establish shipping costs, and determine the ability of ships to travel into ports or through certain straights and channels. This system, known as the Average Freight Rate Assessment system, was created by Royal Dutch Shell six decades ago, and is overseen by the London Tanker Brokers' Panel, an independent group of shipping brokers. More


Source: U.S. Energy Information Administration

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Data Highlights

WTI crude oil futures price

9/15/2014: $92.92/bbl

up$0.26 from week earlier
down$15.29 from year earlier

Natural gas futures price

9/15/2014: $3.931/mmBtu

up$0.055 from week earlier
up$0.254 from year earlier

Retail gasoline price

9/15/2014: $3.408/gal

down$0.049 from week earlier
down$0.139 from year earlier

Retail diesel price

9/15/2014: $3.801/gal

down$0.013 from week earlier
down$0.173 from year earlier

Weekly coal production

9/6/2014: 19.153 million tons

down0.064 million tons from week earlier
down0.536 million tons from year earlier

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