Data For 07/13/20

Summary Excerpt:

Regular Gasoline Retail Price
(Dollars per Gallon)
2.195 .. U.S.
2.112 ... East Coast
2.114 .... New England
2.252 .... Central Atlantic
2.023 .... Lower Atlantic
2.125 ... Midwest
1.870 ... Gulf Coast
2.326 ... Rocky Mountain
2.800 ... West Coast
2.534 ... West Coast less California

3.022 .... California
2.453 .... Colorado
2.088 .... Florida

PetroFrontier Corp. Announces Filing of First Quarter 2020 Financial Statements and MD&A and Debenture Extending Agreement

CALGARY, AB / ACCESSWIRE / July 13, 2020 / PetroFrontier Corp. (“PetroFrontier” or the “Corporation”) (TSXV:PFC) announces that the Corporation’s first quarter 2020 Financial Statements and Management’s Discussion and Analysis have been filed on SEDAR ( The Corporation also announces that on July 13, 2020, it entered into a debenture extending agreement dated effective as [Read more]

Source: BOE Report

Heavy discount narrows as refiners bid up market

Canadian heavy crude’s discount narrowed versus West Texas Intermediate (WTI) on Monday on signs of improved demand from refiners, traders said. Western Canada Select (WCS) heavy blend crude for August delivery in Hardisty, Alberta, traded at $7.05 per barrel below WTI after trading at about $7.55 below WTI earlier in the session, according to NE2 [Read more]

Source: BOE Report

Shale CEO: U.S. Has Passed Peak Oil

Crude oil production has already peaked in the United States, according to a leading independent oil producer in the U.S. shale patch. Chief executive of Parsley Energy Matt Gallagher said that the peak production that the United States hit back in March—13.1 million bpd on average—represented shale’s glory days, ne’er to be repeated, according to the Financial Times. ...


Hillcrest announces early warrant exercise incentive program

VANCOUVER, B.C. – TheNewswire – July 13, 2020 – Hillcrest Petroleum Ltd. (TSXV:HRH) (OTC:HLRTF) (the “Company” or “Hillcrest“), is pleased to announce that will make an application to the TSX Venture Exchange (the “Exchange“) for approval of the implementation of an early warrant exercise incentive program (the “Incentive Program“) intended to encourage the early exercise [Read more]

Source: BOE Report

Tighter Oil Market Could Trigger Supply Surge

Despite a reported rise in oil inventories last week, bullish trading returned to oil markets with Brent closing at $43.24, up by 10.02 percent w/w, while WTI closed at $40.55, down by 0.25 percent w/w.  Crude oil prices showed a downward trend last Thursday and Friday, as the EIA reported an unexpected build of 5....


U.S. Swaps Venezuelan Fuel Oil For Russian Products

The United States has been raising its imports of fuel oil from Russia over the past year and a half after the U.S. imposed sanctions on Venezuela’s exports, Reuters reported on Monday, quoting data from Refinitiv Eikon. Venezuela’s heavy crude oil is suitable to process in complex refineries on the U.S. Gulf Coast, but the sanctions have cut off Venezuelan ...