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Posted October 5, 2012Today in Energy
Territorial disputes hamper exploration and production of resources in the East China Sea ›
The East China Sea may have abundant hydrocarbon resources, especially natural gas, although the region is underexplored. China and Japan, the two largest energy consumers in Asia, are both interested in using natural gas from the East China Sea to meet rising domestic demand. However, unresolved territorial disputes make exploration and development of these resources difficult. More›
Source: Interfax.
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Who are the major players supplying the world oil market? ›
The world oil market is complicated. Oil companies and governments each play a role.
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Shale gas refers to natural gas that is trapped within shale formations.
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Administrator Adam Sieminski discusses "Energy Forecasting in Volatile Times" at the 19th Federal Forecasters Conference ›
September 27, 2012
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September 17, 2012
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Data Highlights
Crude oil futures price
10/4/2012: $91.71/bbl
down$0.14 from week earlier
up$12.03 from year earlier
Natural gas futures price
10/4/2012: $3.406/mmBtu
up$0.109 from week earlier
down$0.164 from year earlier
Weekly coal production
9/29/2012: 19.099 million tons
down0.250 million tons from week earlier
down3.290 million tons from year earlier
Natural gas inventories
9/28/2012: 3,653 Bcf
up77 Bcf from week earlier
up272 Bcf from year earlier
Crude oil inventories
9/28/2012: 364.7 mmbbl
down0.5 mmbbl from week earlier
up28.4 mmbbl from year earlier