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Home2021

Year: 2021

US-to-Asia LNG shipping rates rip higher on Asia buying boom - Energy News Beat
Commodities

What’s behind the wild surges in global LNG prices and the risks ahead

October 2, 2021 Mariel Alumit

In less than a year and a half, liquefied natural gas (LNG) prices have lurched from record lows to record highs, with the market first reeling from the impact of the pandemic and now unable […]

Coal

Climate activists seek to block German coal mine expansion

October 2, 2021 Mariel Alumit

BERLIN – Environmentalists have chained themselves to giant excavators in an effort to halt the expansion of a vast open-pit coal mine in western Germany. More than 20 climate activists clambered onto the diggers in the Garzweiler lignite mine […]

Commodities

The Best Way To Play The Natural Gas Boom

October 2, 2021 Mariel Alumit

The natural gas market has undergone profound changes in the last year, with prices rising from under $2.00 to over $5.00. Inventories have been drawn down due to demand, weather events, and the export of […]

Commodities

BofA Says Oil May Hit $100 This Winter

October 2, 2021 Mariel Alumit

The global energy crunch could help propel oil prices above $100 a barrel for the first time since 2014 and spur a global economic crisis, according to Bank of America.   Natural gas prices have […]

Brent Oil Climbs to $70 a Barrel
Crude Oil News

U.S. Drillers Add More Rigs Amid Rising Oil Prices

October 1, 2021 Mariel Alumit

The number of oil and gas rigs in the United States rose by 7 this week, according to Baker Hughes, bringing the total additions over the last four weeks to 31. The total rig count is […]

Commodities

Someone Is Playing The Market That Oil Will Hit $200 – What Do You Think?

October 1, 2021 Jay R. Young

This week in the markets is more than entertainment, it is fun watching people put their money where they think commodities are moving. Bloomberg published: “It’s not just $200 calls that have been trading in recent […]

Commodities

The Worlds Economy Is Tied To Energy – The Dominos Are Stacked To Tumble Of Biblical Proportions In 2021

October 1, 2021 Jay R. Young

Have you ever played dominos with your family, or were you the one stealing the entire set to build domino trails? Orderly falling comes to mind. That is not what is taking place in the […]

U.S. coal exports
EIA News

Capacity outages at U.S. nuclear power plants averaged 3.1 gigawatts this summer

October 1, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, Status of Nuclear Outages, based on U.S. Nuclear Regulatory Commission data Daily capacity outages at U.S nuclear power plants averaged 3.1 gigawatts (GW) during the summer of 2021 (June 1 through August 31), 22% […]

OPEC - ENB
Crude Oil News

OPEC sees oil demand rebounding then plateauing after 2035

September 30, 2021 Mariel Alumit

Demand for oil will grow sharply in the next few years as the global economy recovers from the pandemic, OPEC said on Tuesday, adding that the world needs to keep investing in oil production to […]

WTI busts through $90/bbl for first time since 2014
Commodities

Someone Is Betting Oil Will Hit $200

September 30, 2021 Mariel Alumit

Could the energy crunch get so bad that oil prices hit $200 a barrel? One options trader thinks so. Brent $200 calls for December 2022, options contracts that would profit a buyer from a rally […]

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