Oil flipped between gains and losses ahead of an OPEC+ meeting on Monday to discuss production policy amid a rapidly tightening market. Futures in New York were little changed and Continue Reading
Highlights November contract tops $6, settling to $5.77/MMBtu Weather fuels bullish 14-day outlook for power burn Offshore production still recovering from Hurricane Ida NYMEX Henry Hub prompt-month futures surged briefly Continue Reading
Fitch Solutions Country Risk & Industry Research has released its latest oil price forecasts to 2025. Fitch Solutions Country Risk & Industry Research has released its latest oil price forecasts Continue Reading
Three of the world’s biggest oil traders were at odds about where the oil price would be this time next year, with Vitol taking a bearish view while Gunvor and Continue Reading
The world’s top commodity trading houses are being told by brokers and exchanges to deposit hundreds of millions of dollars in extra funds to cover their exposure to soaring gas Continue Reading
Americans are spending a dollar more for a gallon of gasoline than they were a year ago. Natural gas prices have shot up more than 150 percent over the same Continue Reading
Oil was steady on Monday ahead of a meeting by OPEC and its allies which may determine whether a recent rally in prices amid supply shocks and recovery from the Continue Reading
Oil flipped between gains and losses ahead of an OPEC+ meeting on Monday to discuss production policy amid a rapidly tightening market. Futures in New York were little changed and Continue Reading
The U.S. Department of Justice is investigating suspected manipulation of energy pricing benchmarks published by S&P Global Platts, expanding the agency’s crackdown on misconduct in the global commodities market, according Continue Reading
Regional natural gas markets in the United States are seeing prices for this winter surge along with global record highs – suggesting that the energy bills causing headaches in Europe Continue Reading
