U.S. Energy Information Administration - EIA - Independent Statistics and Analysis

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Posted June 5, 2024 Today in Energy ›

Longer maritime routes mean more fuel consumed in shipping following Red Sea attacks ›

Sales of bunker fuel in Singapore, the world’s largest bunkering fuel port, have increased to all-time highs, indicating increased global consumption as cargo ships, tankers, and other marine vessels take longer routes to avoid the Red Sea. Ship operators have been avoiding the Red Sea following Yemen-based Houthi militia attacks that began in November 2023. More ›

Data source: Maritime and Port Authority of Singapore, Bloomberg L.P.

Data Highlights

WTI crude oil futures price

6/4/2024: NA/barrel

NA from week earlier
NA from year earlier

Natural gas futures price

6/4/2024: NA/MMBtu

NA from week earlier
NA from year earlier

Retail gasoline price

6/3/2024: $3.516/gal

down$0.061 from week earlier
down$0.025 from year earlier

Crude oil inventories

5/31/2024: 455.9 million barrels

up1.2 million barrels from week earlier
down3.3 million barrels from year earlier

Weekly coal production

5/25/2024: 8.407 million tons

down0.047 million tons from week earlier
down2.411 million tons from year earlier

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