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Posted September 21, 2017Today in Energy

Changing quality mix is affecting crude oil price differentials and refining decisions ›

Growth in global liquid fuels supply since March 2017 has been driven by increases in the production of historically higher-priced light crude oils. This growth has more than offset recent declines in the production of medium and heavy crude oils. As these production trends continue, price differences between certain crude oils are narrowing, and refinery operation decisions are changing. More


Source: EIA, Short-Term Energy Outlook, September 2017

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Data Highlights

WTI crude oil futures price

9/20/2017: $50.41/barrel

up$1.11 from week earlier
up$6.97 from year earlier

Natural gas futures price

9/20/2017: $3.094/MMBtu

up$0.036 from week earlier
up$0.047 from year earlier

Natural gas inventories

9/15/2017: 3,408 Bcf

up97 Bcf from week earlier
down136 Bcf from year earlier

Crude oil inventories

9/15/2017: 472.8 million barrels 

up4.6 million barrels from week earlier
down1.1 million barrels from year earlier

Weekly coal production

9/9/2017: 15.683 million tons

down0.738 million tons from week earlier
up0.234 million tons from year earlier

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