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HomeCommodities

Commodities

Commodities

U.S. consumers expected to spend more for heating oil this upcoming winter

October 27, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, Short-Term Energy Outlook, Winter Fuels Outlook, October 2021 In our latest Winter Fuels Outlook, we expect higher heating oil prices and a slightly colder winter compared with last year will contribute to households across […]

Saudi Aramco - ENB
Commodities

Aramco Warns World’s Spare Oil Supplies Are Falling Rapidly

October 26, 2021 Mariel Alumit

Saudi Aramco said oil-output capacity across the world is dropping quickly and companies need to invest more in production. It’s a “huge concern,” Chief Executive Officer Amin Nasser said in an interview in Riyadh, Saudi Arabia’s […]

Commodities

Asia Snaps Up American Shale Gas to Keep Boilers, Furnaces Lit

October 26, 2021 Mariel Alumit

Asian liquefied natural gas traders are rushing to secure shipments from the U.S., where prices are among the cheapest in the world, amid a dash to replenish supply before the winter. Firms in China and […]

Coal Production in US -EnergyNewsBeat
Coal

Coal Piles at 24-Year Low at U.S. Utilities on Demand Surge

October 26, 2021 Mariel Alumit

Coal stockpiles at U.S. power plants plunged to the lowest in at least 24 years as electricity generators burn the fuel faster than miners can dig it out of the ground. Inventories fell to 84.3 […]

Cushing Oklahoma - ENB
Commodities

Want an 11% Yield? Give Oil a Try

October 22, 2021 Mariel Alumit

Time will tell which one is out of sync. Is it a forward oil curve that yields 11% on an annualized basis for investors, or is it a headline price of West Texas Intermediate crude […]

LNG - Carrier - ENB
Commodities

Gas Squeeze Has India Requesting Cargoes It Didn’t Want in 2015

October 20, 2021 Mariel Alumit

The global energy shortage has prompted India to ask Qatar, the world’s biggest supplier of liquefied natural gas, for around 50 cargoes it deemed too expensive six years ago. State-linked importer Petronet LNG Ltd. asked Qatargas to […]

China Oil - tank -ENB
Commodities

Brent Oil Falls Below $85 as China Seeks to Ease Energy Crisis

October 20, 2021 Mariel Alumit

Brent oil declined from its highest level in seven years as a U.S. industry report pointed to an increase in crude stockpiles and China unleashed measures aimed at stabilizing its power supplies for the winter. […]

Commodities

The Facts Behind Saudi Arabia’s Outrageous Oil Claims

October 18, 2021 Mariel Alumit

Last week, Saudi Aramco’s chief executive officer, Amin Nasser, said that the company expects to boost its oil production capacity to 13 million barrels per day (bpd) by 2027. The EIA defines spare capacity very […]

Commodities

Don’t Expect OPEC to Keep You Warm This Winter

October 17, 2021 Mariel Alumit

Skyrocketing prices for natural gas, coal and electricity are putting extra pressure on oil markets, boosting demand as industries and power generators seek to switch to liquid fuels to keep a lid on costs. But […]

Commodities

Team Energy de Canada – and ENB – We create North America Organization of the Petroleum Exporting Countries – NOPEC

October 15, 2021 Mariel Alumit

We have an absolute blast talking with Heidi McKillop, President, and CEO at ASN Productions, and Terry Etam, Author, and world energy expert. -During this podcast we create NOPEC. The energy answer – Have NOPEC […]

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