Economic Indicators
Energy Indicators
In a surprise move at the beginning of the month, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced a voluntary reduction in production quotas of nearly 1.7 million barrels per day (mb/d).
May 17, 2023
Economic Indicators
Energy Indicators
In a surprise move at the beginning of the month, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced a voluntary reduction in production quotas of nearly 1.7 million barrels per day (mb/d).
April 26, 2023
Economic Indicators
Energy Indicators
The prices of many global energy products have come down since the start of the year. Global refined crude throughput has increased in the past year and is expected to continue to rise.
April 12, 2023
Economic Indicators
Energy Indicators
Natural gas prices have plunged since the start of the year. An unusually warm winter in both the United States and Europe kept demand low during the heating season, and European countries were able to import sufficient amounts of non-Russian gas to forestall a winter energy crisis.
February 16, 2023
Economic Indicators
Energy Indicators
Energy prices have been dropping since summer as softening economic data and warmer-than-normal weather lowered demand expectations.
January 19, 2023
Economic Indicators
Energy Indicators
Refiners continued to boost activity as the country moved into the winter heating season amid low inventories and high margins.
November 02, 2022
Economic Indicators
Energy Indicators
Oil prices have eased from summer highs but remained elevated in October. Rising oilfield costs, labor shortages and supply-chain delays are limiting the capacity to grow, and drilling activity has leveled off.
November 02, 2022
Economic Indicators
Energy Indicators
Deteriorating global economic conditions have reduced expectations for oil consumption growth. OPEC+ has elected to cut production quotas in November, but underproduction by member countries is likely to mute the total impact.
October 21, 2022
Economic Indicators
Energy Indicators
Russia increasingly restricting natural gas supplies to Europe over the past year has pushed natural gas prices to stratospheric levels in Europe. The hunt for substitutes amid widespread heat waves is pulling many other energy prices up with it.
August 02, 2022
Economic Indicators
Energy Indicators
Natural gas prices have been rising as inventories wane. Exports of natural gas are at record levels and set to grow further in the second half of 2022.
June 03, 2022