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Month: October 2017

Category:
  • Prices

Brent crude oil approaches $60 as markets tighten

Oil prices steadied on Friday, with benchmark Brent crude trading just below $60 a barrel, buoyed by comments from Saudi Arabia’s crown prince backing the extension of OPEC-led output cuts. Continue Reading

Posted On : 27 Oct 2017 Published By : Tom Whipple
Category:
  • Prices

NYMEX November gas dips to $2.89/MMBtu despite bullish storage build

The NYMEX November natural gas futures contract fell Thursday despite the US Energy Information Administration announcing a lower-than-expected storage injection. The November contract settled at $2.89/MMBtu, down 2.9 cents from Continue Reading

Posted On : 27 Oct 2017 Published By : Tom Whipple
Category:
  • Prices

Brent oil hits 27-month high on Saudi talk of extending supply cuts

Brent crude closed at a 27-month high on Thursday as the market focused more on comments from Saudi Arabia about ending a global supply glut instead of an unexpected increase Continue Reading

Posted On : 27 Oct 2017 Published By : Tom Whipple
Category:
  • Prices

Why Are Oil And Gas Prices Diverging?

Dr. Kent Moors is an internationally recognized expert in oil and natural gas policy, risk management, emerging market economic development, and market risk assessment. His… Of course, the parallel between Continue Reading

Posted On : 27 Oct 2017 Published By : Tom Whipple
Category:
  • Electric Cars

The Impact Of EVs On Commodities In One Chart

It’s obviously a thought experiment, since right now EVs have close to just 1 percent market share worldwide. We’re still years away from EVs even hitting double-digit demand on a Continue Reading

Posted On : 27 Oct 2017 Published By : Tom Whipple
Category:
  • OPEC
  • Saudi Arabia

Saudi Crown Prince Backs Extending OPEC Cuts Into 2018

Prince Mohammed bin Salman says ‘of course’ supports roll-over Heir to throne says Saudi Aramco IPO is ‘on track’ for 2018 Saudi Arabian Crown Prince Mohammed bin Salman backed the Continue Reading

Posted On : 27 Oct 2017 Published By : Tom Whipple
Category:
  • Saudi Arabia

Exclusive: Saudi Aramco IPO on track for 2018 – Saudi crown prince

RIYADH (Reuters) – Saudi Aramco’s initial public offering is on track for next year, and the national oil giant could be valued at more than $2 trillion, Saudi Arabia’s Crown Continue Reading

Posted On : 27 Oct 2017 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi eyes private stake sale in Aramco

Saudi Arabia’s finance minister has confirmed the kingdom is exploring a private stake sale in state energy giant Saudi Aramco, with plans for an international listing just one option for Continue Reading

Posted On : 27 Oct 2017 Published By : Tom Whipple
Category:
  • Iran

Iran says it’s signed its first agreement tied to LNG

Iran says its signed a novel agreement to sell gas slated for delivery as super-cooled liquefied natural gas. File photo by Maryam Rahmanian/UPI Oct. 26 (UPI) — An Iranian energy Continue Reading

Posted On : 27 Oct 2017 Published By : Tom Whipple
Category:
  • Qatar

The Qatar Blockade Could Cause A Regional Recession

Five months into the Gulf’s blockade against Qatar, and neither side looks ready to budge. But the repercussions of the ongoing spat—and Kuwait’s failure to end the dispute—could deliver a Continue Reading

Posted On : 27 Oct 2017 Published By : Tom Whipple

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