IER Key Takeaways 1:After draining 180 million barrels of oil to get gas prices down before the 2022 elections, President Biden is beginning to add small amounts of oil to the Strategic Petroleum Reserve. 2: […]
Speculative funds have continued to move towards the short side of crude oil markets, analysts at Standard Chartered noted in a new report sent to Rigzone this week. “Money-manager shorts across the four main Brent […]
Weekly Crude Oil Storage as of November 10, 2023 Click for EnerCom Analytics Dashboard. U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3.6 million barrels from the previous week. […]
Authored by Tsvetana Paraskova via OilPrice.com, Traders have begun withdrawing natural gas from Europe’s record-high inventories this week as the weather turned colder and heating demand rose. The gas storage sites in the EU were […]
Daily Standup Top Stories China, Russia Intensify Efforts to Expedite New Gas Route Supply Agreement November 6, 2023 Mariel Alumit (MENAFN) China National Petroleum Corporation (CNPC) Vice President, Xie Jun, has disclosed that Russian energy giant […]
More natural gas facilities than ever will be firing in Southeast Asia almost two decades from now, according to a report by Singapore-based research firm Asia Research & Engagement (ARE). Led by Thailand, Indonesia and Singapore, the region currently […]
Weekly Crude Oil Storage as of October 27, 2023 Click for EnerCom Analytics Dashboard. U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 0.8 million barrels from the previous week. […]
Working gas in underground storage, Lower 48 states Historical Comparisons Stocksbillion cubic feet (Bcf) Year ago(10/20/22) 5-year average(2018-22) Region 10/20/23 10/13/23 net change implied flow Bcf % change Bcf % change East 908 896 12 […]
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 1.4 million barrels from the previous week. At 421.1 million barrels, U.S. crude oil inventories are about 5% below the five […]
SINGAPORE, April 21 (Reuters) – Volumes of liquefied natural gas (LNG) stored at sea have increased on an annual basis this month, driven by more vessels in Asia amid high inventories and slow spot demand in Japan, China […]
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