Crude oil prices were higher in mid-morning trade in Asia Aug. 31 on expectations of continuing supply disruptions in the US Gulf Coast in the wake of Hurricane Laura. At Continue Reading
Oil rose for a fourth week in a row as U.S. Gulf Coast refineries began restarting though gains were capped as investors shifted their focus from the storm toward the Continue Reading
Oil flipped between gains and losses on Friday with the market weighing renewed appetite from U.S. Gulf Coast plants restarting after Hurricane Laura against a pandemic dimming the prospects for Continue Reading
Oil prices retreated on Friday morning as it became clear that the damage caused by hurricane Laura was not as bad as markets had expected For Global Energy Alert members Continue Reading
The Henry Hub 12-month forward curve has increased by more than 40 cents over the last month to $2.88/MMBtu, propelling multiple gas plays to boast internal rates of return per Continue Reading
U.S. West Texas Intermediate crude oil futures are trading slightly better on Friday as Hurricane Laura moved beyond the heart of the U.S. oil industry in Louisiana and Texas without Continue Reading
1. Oil volatility collapses – For two months, the oil market has been incredibly boring. Brent futures have not moved more than $1 per barrel in either direction over a Continue Reading
Looking at the oil market over the past week, it would be hard to tell that the strongest hurricane in more than a century tore through the Gulf of Mexico Continue Reading
New Jersey’s gasoline tax will rise 22%, to 50.7 cents per gallon, to maintain a revenue stream for road and rail projects amid a massive drop in fuel consumption. Diesel Continue Reading
Crude oil futures were lower in midmorning trade in Asia on Aug. 28 as they gave up previous gains on a possible supply disruption risk from Hurricane Laura, after most Continue Reading
