Highlights S&P Global Platts Analytics forecasts a pull of 48 Bcf for the week in progress Remaining Henry Hub winter strip tumbles The first triple-digit natural gas draw of the Continue Reading
Highlights Permian falls by five rigs, leaving 300 Haynesville at 63, highest since April 2019 Eagle Ford, Marcellus, Utica stagnant The US oil and gas rig count fell by 13 Continue Reading
Mild weather forecast for the first half of January should prevent France’s electricity grid coming under strain but the outlook thereafter is uncertain due to a decline in its nuclear Continue Reading
President Biden and Russian President Vladimir Putin warned each other of the potential for a dangerous downturn in relations if the current crisis over Ukraine further escalates, but kept a pathway open for diplomacy. Continue Reading
The US and its allies are prepared to respond “decisively” should Russia invade Ukraine, President Joe Biden told his Russian counterpart Vladimir Putin on Thursday amid mounting tensions at the Continue Reading
Highlights Significantly lower than levels in past two years Russian storage sites currently 83% full: Miller Domestic gas supply, withdrawals at 10-year high Russia’s Gazprom expects to have 1 Bcm Continue Reading
Crude oil futures rose during mid-morning trade in Asia Dec. 30, with the NYMEX crude contract on track for a seventh straight day of gains, as the ongoing Santa Claus Continue Reading
Oil held gains after a six-day advance as a bigger-than-expected decline in U.S. crude inventories added to evidence that energy demand is proving resilient in the face of the omicron Continue Reading
Highlights US crude, oil products inventories decline US crude production hits 2021 high, more growth expected Crude oil futures extended their rally Dec. 29 on a rollercoaster day for prices Continue Reading
Oil held near a one-month high after industry data pointed to another drop in U.S. crude inventories and traders bet the fast-spreading omicron variant would prove to be less severe Continue Reading
