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HEADLINES
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HomeStorage

Storage

Downstream

US Has Natty Gas for days!

December 2, 2024 Andy Del Prado

Daily Standup Top Stories Traders Become More Bullish on European Diesel as Winter Arrives December 2, 2024 Mariel Alumit Hedge funds and portfolio managers are reducing their short positions on European diesel futures. Rising natural gas […]

Natural Gas
Natural Gas

U.S. Enters Winter with Highest Natural Gas Stocks in Eight Years

December 2, 2024 Mariel Alumit

U.S. natural gas inventories are higher than average for this time of the year as America has entered the proper winter heating season with stocks at their highest level since 2016, the Energy Information Administration […]

Electric Vehicles

Biden Offers $7.5 Billion for Samsung SDI-Stellantis Battery Hub

December 2, 2024 Clark Savage

ENB Pub Note: Stellantis – Samsung SDI loan is most likely a handout for party donations to Biden Harris as a parting gift from American Taxpayers. Follow the money and see if this is ever […]

EIA News

Global natural gas market may experience a tighter supply-demand balance this winter

November 29, 2024 Clark Savage

Data source: Bloomberg Finance, L.P. Note: Price curves as of November 21, 2024. Dotted lines represent forward prices. LNG=liquefied natural gas; Asian LNG=the JKM price benchmark (representing spot and forward LNG prices in Japan, South Korea, Taiwan, […]

Saibu Gas
International News

Japan’s Saibu Gas decides to build third Hibiki LNG tank

November 28, 2024 Clark Savage

The firm said in a statement on Thursday that the total construction costs will reach about 50 billion yen ($329.3 million). Besides a 230,000-cbm LNG tank, the expansion includes other facilities such as LNGvaporizer, BOG […]

Crude Oil News

Oil Jumps on Fuel Inventory Draws

November 14, 2024 Clark Savage

Crude oil prices moved higher today after the U.S. Energy Information Administration reported an inventory build of 2.1 million barrels for the week to November 8. In fuels, however, inventories fell. At the time of writing, Brent crude was […]

oil
Crude Oil News

Oil Steady After EIA Confirms Draw in Crude, Gasoline Inventories

October 30, 2024 Mariel Alumit

Crude oil prices remained largely unchanged today, after the U.S. Energy Information Administration reported an inventory draw of a modest half a million barrels for the week to October 25. At the time of writing, Brent crude was trading […]

ENB Podcast

ENB # 219 Solving Grid Challenges with American-Made Battery Technology

September 20, 2024 Stu Turley

In the Energy News Beat – Conversation in Energy with Stuart Turley talks with John Kem, President of American Battery Factory, discuss the growing demand for energy storage to stabilize the grid amidst increasing renewable energy […]

Oil Prices
Crude Oil News

Oil Prices Fall After the EIA Reports an Inventory Build

August 14, 2024 Mariel Alumit

Oil prices initially rose on a smaller-than-expected US producer price increase and the API’s report of declining crude oil inventories. Optimism faded after the EIA reported an inventory build, causing prices to fall. Geopolitical tensions […]

U.S. natural gas
EIA News

What is the outlook for U.S. natural gas inventories at the end of injection season?

August 7, 2024 Mariel Alumit

In our latest Short-Term Energy Outlook, we forecast that U.S. working natural gas inventories will be 3,954 billion cubic feet (Bcf) by the end of October, the most natural gas in U.S. storage since November 2016. […]

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