Jan had harsher weather than in Dec, Jan 2021 Gas outweighs mild forecast in forward markets Generation shares stable, but solar surges Southeastern US on-peak bilateral indices more than doubled Continue Reading
Highlights Cold snap supports distillate demand USAC diesel stocks hit eight-month low Crude stocks fall 1.05 million barrels US distillate inventories moved lower for a third straight week in the Continue Reading
The American Petroleum Institute (API) estimated the inventory draw this week for crude oil to be 1.645 barrels after analysts predicted a build of 1.833 million barrels. U.S. crude inventories Continue Reading
U.S. Secretary of Defense Lloyd Austin responds to questions during a House Armed Services Committee hearing on “Ending the U.S. Military Mission in Afghanistan” in the Rayburn House Office Building Continue Reading
California water officials warned that the Golden State could face its third consecutive dry year after a lack of snow during the traditionally wet month of January. The state’s overall Continue Reading
High natural gas prices globally, the historically low storage levels in Europe, and the growing gas demand in Asia could incentivize more long-term U.S. LNG contracts. The role of gas Continue Reading
The United States and its European allies appear on the cusp of restoring the deal that limited Iran’s nuclear program, Biden administration officials said on Monday, but cautioned that it Continue Reading
The White House on Monday announced new steps to help curb emissions of methane, saying it will send $1.15 billion to states to clean up thousands of orphaned oil and Continue Reading
Colder-than-usual weather in January and high LNG exports reduced U.S. working natural gas storage levels to below the five-year average again, after one of the warmest Decembers on record had Continue Reading
Gas stoves may find themselves the next target of climate activists after a study published by the American Chemical Society highlighted methane leaks that occurred while the stoves were not Continue Reading
