The Natural Gas Price Plunge Isn’t Over Yet
Natural gas prices started the winter season with a bang, but could end it with a whimper. Henry Hub natural gas prices spiked last November to multi-year highs, nearing $5/MMBtu. Continue Reading
Oil falls 1 percent as supply concerns fade
Oil fell 1 percent on Wednesday after a report showed a rise in U.S. crude inventories, while concerns about the impact of U.S. sanctions on Venezuela on global supplies eased. Continue Reading
Oil futures trades lower as market looks for more fuel to sustain rally; ICE Brent down to $62.01/b, NYMEX WTI $53.73/b
Crude oil prices pulled back from overnight highs and moved lower in midmorning US trading Tuesday as a multi-week rally began to show signs of fraying amid a lack of Continue Reading
Oil dips on U.S. factory data, Venezuela sanctions limit losses
Oil prices slipped on Tuesday, falling from two-month highs as concerns over a global economic slowdown crept back into the market, and a stronger dollar also weighed. Prices sagged after Continue Reading
In squeezed oil industry, some rethink hunt for new barrels
New partnerships are emerging in the global hunt for oil discoveries, with some explorers essentially offering an outsourcing service for the riskiest part of the energy business. Central to this Continue Reading
Oil rises on tighter supply but U.S. factory data weighs
Oil prices rose on Tuesday as investors expect U.S. sanctions on Venezuela and production cuts led by OPEC and its allies to head off any glut, but data showing a Continue Reading
Oil slides on disappointing U.S. data after hitting two-month high
Oil prices fell on Monday after disappointing U.S. factory data sparked fresh concerns about a slowdown in the global economy, but losses were limited as OPEC-led supply cuts and U.S. Continue Reading
Oil bears sent back into hibernation by economic optimism, OPEC, Venezuela: Kemp
Hedge funds are becoming steadily less bearish towards oil as OPEC output cuts and U.S. sanctions on Venezuela remove large volumes of crude from the market amid increasing confidence a Continue Reading
Big Oil Defies 40% Price Plunge, Posts Best Results In Years
Despite the nearly 40-percent oil price slide in the fourth quarter, supermajors booked solid sets of Q4 and 2018 results, suggesting that they have learned to raise profits even when Continue Reading
Crude oil futures steady to higher, awaiting fresh cues
Crude oil futures remained steady to higher during mid-morning trade in Asia Monday as market participants awaited fresh pricing cues. At 10:20 am Singapore time (0220 GMT), ICE April Brent crude Continue Reading