Oil futures recovered slightly during the mid-morning trade in Asia Sept. 22, after the prospect of renewed lockdowns amid a potential resurgence of the coronavirus pandemic drove futures down Sept. Continue Reading
Oil prices settled sharply lower Sept. 21 as the market eyed rising Libyan production and the prospect of more demand-destroying lockdowns on the horizon in Europe. NYMEX October WTI settled Continue Reading
Oil declined in Asia following its biggest weekly gain since June as a stubbornly persistent coronavirus and a lack of clarity over the global energy demand recovery tempered investor optimism. Continue Reading
Despite being only 9 months in, this year has provided us with a rollercoaster of developments on the oil market and upended the market’s usual understanding of where crude differentials Continue Reading
The cash price for Henry Hub plummeted on Sept. 21 as there was downward pressure in the region from decreased demand. Receive daily email alerts, subscriber notes & personalize your Continue Reading
Natural gas prices plunged on Monday by more than ten percent as the outlook for demand and LNG exports worsened as multiple Hurricanes caused disruptions in the U.S. Gulf of Continue Reading
Oil declined as Libya signaled the resumption of some crude exports while surging coronavirus cases cloud the outlook for demand. Futures in New York fell 2.2% to near $40 a barrel. Continue Reading
Oil futures were caught in a range during the mid-morning trade in Asia Sept. 21, even as Libya’s state-owned National Oil Corp. lifted the force majeure on oil fields and Continue Reading
Saudi Arabia’s warning to OPEC+ cheaters and short-sellers alike helped oil prices stage their biggest weekly rally since June. (Bloomberg) — Saudi Arabia’s warning to OPEC+ cheaters and short-sellers alike Continue Reading
Oil prices perked up this week, buoyed by both OPEC developments and Hurricane Sally. That is despite BP’s pessimistic 2020 edition of its annual outlook that suggests we have already Continue Reading
