Crude oil prices were stubbornly down following the Energy Information Administration reported a modest crude oil inventory draw of 400,000 barrels for the week to January 17. This compared with Continue Reading
Oil prices fell 2% on Thursday on concern that the spread of a virus from China could lower fuel demand if it stunts economic growth, but losses were limited by Continue Reading
Despite the current oversupply and depressed natural gas prices all over the world, the global liquefied natural gas (LNG) market is set for further growth, at least into the middle Continue Reading
Oil prices fell on Thursday on concern that the spread of a respiratory virus from China could lower fuel demand if it stunts economic growth in an echo of the Continue Reading
Crude oil futures fell more than 1% in mid-morning trade in Asia Thursday as concerns of slower jet fuel demand emerged amid the recent rise in coronavirus-related cases and deaths Continue Reading
The American Petroleum Institute (API) estimated on Wednesday a surprise crude oil inventory build of 1.57 million barrels for the week ending January 17, compared to analyst expectations of a Continue Reading
Crude oil futures were lower in mid-morning trade in Asia Wednesday, extending the overnight downtrend, as selling pressure started to kick in amid heightened fears of the recent flu virus Continue Reading
The announcement on Monday of a force majeure in Libya was enough in the tumultuous world of crude trading to cause oil prices to rise to their highest level in Continue Reading
Despite an escalation in Libya’s oil war, crude prices fell on Tuesday morning as a deadly virus in China sparked fears of an economic slowdown. The EIA forecasts Brent oil Continue Reading
The price of natural gas fell below $2 per million British thermal units to its lowest level in nearly four years on Tuesday, highlighting how a persistent glut has buffeted Continue Reading
