NYMEX front-month natural gas futures have seen some significant upside action in recent days, with prices climbing back above $8.00/MMBtu — highs that haven’t been seen since about mid-June. After hitting an intraday high of […]
Crude oil futures recouped morning marginal losses during midafternoon Asia trade July 19, as investors weighed talks about a recovery in China’s refined products demand against a potential restoration of Libyan oil production. The ICE […]
HOUSTON–(BUSINESS WIRE)–Tellurian Inc. (Tellurian) (NYSE American: TELL) announced today that its wholly owned subsidiary Tellurian Production LLC (TPC) has entered into an agreement to purchase natural gas assets from privately held EnSight IV Energy Partners, […]
US dry natural gas production in 2022 is expected to rise 2.7 billion cubic feet per day, or 3%, year over year, further increasing to nearly 100 Bcf/d in 2023, the US Energy Information Administration […]
NYMEX August natural gas futures shed 26.3 cents to settle at $6.034/MMBtu on July 8 amid a barrage of profit-taking. The loss comes on the back of the previous day’s 14% surge in NYMEX front-month […]
The US Federal Energy Regulatory Commission’s order approving a novel certified gas pooling service proposal pitched by Tennessee Gas Pipeline underscored the commission’s approach of steering clear of sanctioning terms for the emerging market for […]
US natural gas working stocks rose by 60 Bcf during the week ended July 1, a well-below-expectations build that fueled a recovery in natural gas futures. The net injection brought Lower-48 storage inventories up to […]
Crude oil futures were higher in mid-morning Asian trade July 1, recouping losses after a steep plunge overnight, though sentiment remained shaky as a raft of data showed further signs of weakness in the US […]
US natural gas working stocks rose by a larger-than-expected 74 Bcf during the week ended June 17, reducing the deficit to a seasonal low of 13.2%, which helped spur a selloff for US natural gas […]
Crude oil futures were sharply lower in mid-morning trade in Asia June 22 as a brief rebound in the previous session proved short-lived, with fears of demand destruction and a global economic slowdown still gripping […]
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