Weekly U.S. crude oil production figures by the Energy Information Administration are a closely watched data set, but monthly production figures—which lag by months—often are seen as painting a more Continue Reading
The rig count has increased once again, hitting levels not seen since April 2020. Russia’s invasion of Ukraine has only added to the demand for drilling, with the rig count Continue Reading
Diesel prices, the lifeblood of industry, have hit a record $5.16 per gallon, trending $1 per gallon higher than gasoline prices, with inventory shortages adding severe pressure and resulting in Continue Reading
Waiver to allow ‘small’ increase in ethanol demand: S&P Global Waiver is not a ‘silver bullet’ for gas prices: White House Ethanol groups want to see action toward a permanent Continue Reading
East Texas basis down over 20 cents this April Southeast LNG demand up 1.6 Bcf/d in 2022 Texas-Louisiana forward spreads wider in 2023 Premium gas prices at the US benchmark Continue Reading
Poland’s biggest gas company PGNiG (PGN.WA) said on Saturday morning that it had started delivering gas to 10 different towns and region across Poland that had had their gas cut Continue Reading
Russia made what appeared to be a late u-turn to avoid a default on Friday, as it made a number of already-overdue international debt payments in dollars despite previously vowing Continue Reading
The United States does not believe that there is a threat of Russia using nuclear weapons despite a recent escalation in Moscow’s rhetoric, a senior U.S. defense official said on Continue Reading
Could Europe withstand a wholesale ban on Russian oil and gas? Europe may be hurtling toward a sudden halt of Russian gas, a scenario that would trigger energy rationing, higher Continue Reading
Russia is running short of precision missiles in its war against Ukraine and its arms factories lack the ability to produce enough to keep up with demand, western officials have Continue Reading
