Balance-2022, early-2023 contracts gain 25 to 30 cents Prolonged slump keeps US gas production to 93 Bcf/d Gas storage over 300 Bcf below average, year-ago levels NYMEX natural gas futures Continue Reading
Oil prices extended gains on Tuesday as some European Union members discussed a potential oil embargo on Russia and attacks by Yemen’s Iran-aligned Houthi group on Saudi energy and water Continue Reading
Crude oil futures rose for a fourth consecutive trading day in mid-morning Asian trade March 22 as EU ministers mulled sanctions on Russian energy and oil markets remained undersupplied amid Continue Reading
Crude oil futures were higher in mid-morning Asian trade on March 21, as the supply outlook remained tight on the back of reduced Russian supplies and a continued recovery in Continue Reading
Oil surged for a third day as the war in Ukraine neared the end of its first month with no conclusion in sight, while attacks by Iranian-backed rebels on energy Continue Reading
Oil prices jumped more than $3 on Monday, with Brent above $111 a barrel, as European Union nations consider joining the United States in a Russian oil embargo, while a Continue Reading
An increasingly illiquid oil market may lead to wild price swings. Since the beginning of the war in Ukraine, traders and speculators have been cutting their open interest in crude Continue Reading
European natural gas prices fell to the lowest level in almost three weeks amid steady shipments from Russia and a forecast for warmer weather. Benchmark Dutch futures declined as much Continue Reading
Oil prices extended their gains on Friday at the end of a third volatile week of trade after slim progress in peace talks between Russia and Ukraine raised the specter Continue Reading
Oil posted its first back-to-back weekly decline since December as intense volatility and geopolitical risks continued to upend markets. Futures in New York fell 4.2% for the five-day period to Continue Reading
