European natural gas prices plunged after Russian shipments via a key route crossing Ukraine rebounded. Futures slumped as much as 9.1% as deliveries into Slovakia through the Velke Kapusany interconnection Continue Reading
Crude oil futures started the week higher in mid-morning trade in Asia on Jan. 31, with ICE Brent pushing further above the $90/b mark, as investors remained bullish on the Continue Reading
Oil markets opened the week higher and were heading for the biggest January gain in at least 30 years as robust demand outpaced fresh supply. The global crude benchmark rose Continue Reading
Oil rose more than 1% on Monday to the near 7-year highs hit in the previous session, while supply concerns and political tension in Eastern Europe and the Middle East Continue Reading
The current move in oil prices is largely attributed to geopolitical risk. The next major move in oil could be triggered if inventories fall to critical levels. Wall Street’s consensus Continue Reading
Oil markets are looking increasingly bullish as geopolitical risks spike and inventories continue to drain. Friday, January 28th, 2022 For the first time in seven years, Brent prices surged past Continue Reading
Oil posted its sixth straight weekly gain, with prices trading near a seven-year high as crude makes a roaring start to 2022. West Texas Intermediate rose 2% for the week Continue Reading
Chevron Chairman and CEO Mike Wirth discusses fourth-quarter results and the potential for triple-digit oil prices Triple-digit oil prices are possible in the next few months as geopolitical risks and Continue Reading
U.S. natural gas futures soared over 70% during the last half hour of trade on Thursday and closed up 46% in their highest daily percentage gains on record. The move Continue Reading
On top of $90 oil prices, the futures market also points to further pain at the pump for American consumers. Gasoline futures at NYMEX are trading at their highest premium Continue Reading
