U.S. Natural Gas Prices Get Caught Up In Perfect Storm
U.S. front-month Henry Hub natural gas contracts ended 12% lower on Monday. Gas prices have passed the $8 mark last week as a result of soaring exports and strong domestic Continue Reading
Oil falls on China demand worries, possible EU ban on Russia oil eyed
EU to continue talks on Russian oil embargo plan this week Bulgaria says it will veto Russia ban if no ‘derogation’ G7 nations committed to ban or phase out Russian Continue Reading
Crude oil futures ease as Saudi cuts OSPs; Russian oil ban face hurdles
Crude oil futures were lower in mid-morning Asian trade May 9, easing from three-week highs, as cuts to Saudi Arabia’s latest official selling prices as well as hurdles in implementing Continue Reading
Oil Slips as Traders Weigh Up Saudi Price Cuts, G-7 Crude Ban
G-7 Leaders Commit to Banning Imports of Oil From Russia Oil dipped as investors weighed a pledge by the Group of Seven nations to ban imports of Russian supplies against Continue Reading
NOPEC Bill Could Send Prices At The Pump Even Higher
White house cautiously weighs implications of NOPEC bill. NOPEC bill could lead to higher prices of imported crude to the U.S. The NOPEC bill could end the dominance of the Continue Reading
Oil rises, defying stock market falls as supply concerns persist
Oil prices climbed for a third straight session on Friday, shrugging off concerns about global economic growth as worries about tightening supplies underpinned prices ahead of an impending European Union Continue Reading
U.S. Natural Gas Prices Could Soon Hit $10
Warmer than usual spring weather, expectations of a hotter summer, and record LNG exports to help Europe reduce dependence on Russian gas could send the U.S. benchmark natural gas prices Continue Reading
Oil Ends at Near 3-Week High as Market Supply Worries Resume
Oil settled at the highest in nearly three weeks after a volatile session that saw the market eventually pivot back to supply concerns stemming from a European Union proposal to Continue Reading
Column: U.S. gas prices soar as Europe and Asia scramble for LNG
U.S. gas prices have surged to the highest level in real terms since the financial crisis in 2008 as strong demand for LNG from buyers in Europe and Asia puts Continue Reading
U.S. Gasoline Futures Settle at Record High Ahead of Summer
Gasoline futures in New York settled at a record high on Friday, three weeks before the start of the U.S. summer driving season. At $3.76 a gallon, the futures are Continue Reading