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Posted September 17, 2014Today in Energy

Panama Canal expansion will allow transit of larger ships with greater volumes ›

Ships carrying crude oil and petroleum products are limited by size restrictions imposed by several of the main thoroughfares of maritime navigation: the Panama Canal, the Suez Canal, and the Strait of Malacca. These size restrictions provide another way to classify the large tankers that carry most of global crude oil and petroleum product trade. More


Source: EIA; Surveyor (2002); Maritime Connector

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Data Highlights

WTI crude oil futures price

9/16/2014: $94.88/bbl

up$2.13 from week earlier
down$11.71 from year earlier

Natural gas futures price

9/16/2014: $3.995/mmBtu

up$0.011 from week earlier
up$0.257 from year earlier

Retail gasoline price

9/15/2014: $3.408/gal

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

Crude oil inventories

9/12/2014: 362.3 mmbbl

up3.7 mmbbl from week earlier
up6.6 mmbbl 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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