Oil dipped as traders grappled with the demand implications of a Covid-19 resurgence in several regions. Bloomberg) — Oil dipped as traders grappled with the demand implications of a Covid-19 Continue Reading
Oil prices have continued to rally this year as economies recover from impaired pandemic levels, however, calendar spreads have been unable to realize their bullish intent. In fact, calendar spread Continue Reading
Since oil prices exceeded $70 per barrel earlier this year, analysts, economists, and central banks have been fretting about whether higher crude prices could disrupt the momentum in global economic Continue Reading
Should U.S. refiners get excited about one week of record demand for gasoline? With jet fuel consumption still weak and distillate stocks rising despite strong domestic demand, refiners must rely Continue Reading
Crude futures slipped on Monday as concerns over slowing global growth outweighed the prospect of tightening supply after talks among key producers to raise output in coming months stalled. Brent Continue Reading
Oil dipped after a two-day gain as investors assessed the demand outlook amid a Covid-19 resurgence in many regions. Futures in New York edged toward $74 a barrel after rising Continue Reading
The rally in spot liquefied natural gas (LNG) prices in recent weeks has been framed as being led by robust demand in Asia and in Europe as the northern hemisphere Continue Reading
U.S. natural gas prices have more than doubled since last year’s pandemic-induced slump. Prices surged in the second quarter of 2021 by 40 percent, registering the largest quarterly rise since Continue Reading
Oil fell this week for the first time since May after days of volatile trading in the wake of OPEC+’s stalemate over a production increase in the near term. Futures Continue Reading
Oil headed for the biggest weekly loss since May as a dispute between Saudi Arabia and the United Arab Emirates clouded the outlook for supply just as the spread of Continue Reading
