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Posted October 9, 2015Today in Energy

With increased regulation, continued decline in residual fuel oil demand is expected ›

Health and environmental concerns related to the high sulfur content of residual fuel oil (RFO) have led to new policies and regulations that have significantly lowered expectations for future RFO use globally. As the demand for RFO declines, the need for the refining upgrades to convert residual material to lighter, cleaner products will increase. More

Source: EIA, International Energy Statistics


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Data Highlights

WTI crude oil futures price

10/8/2015: $49.43/bbl

up$4.69 from week earlier
down$37.88 from year earlier

Natural gas futures price

10/8/2015: $2.498/mmBtu

up$0.065 from week earlier
down$1.357 from year earlier

Weekly coal production

10/3/2015: 17.717 million tons

up0.208 million tons from week earlier
down0.789 million tons from year earlier

Natural gas inventories

10/2/2015: 3,633 Bcf

up95 Bcf from week earlier
up443 Bcf from year earlier

Crude oil inventories

10/2/2015: 461.0 mmbbl

up3.1 mmbbl from week earlier
up99.3 mmbbl from year earlier


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