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HomeCommodities

Commodities

Commodities

Mexico moves ahead to cap LPG prices

July 28, 2021 Stu Turley

Mexico’s energy regulatory commission (CRE) now has three days to enact regulation for methodology that will set maximum retail prices of LPG, after a notice the energy ministry (Sener) published in Mexico’s official gazette today. […]

Rystad Energy - EnergyNewsBeat
Commodities

World’s recoverable oil now seen 9% slimmer; commercial volumes can keep global warming below 1.8˚C

July 28, 2021 Stu Turley

Every year and following the publication of the BP Statistical Review, Rystad Energy releases its own assessment to provide an independent, solid and clear comparison of how the world’s energy landscape changed last year. Our […]

LNG Cargo Prices Rising Faster Than Bitcoin - Energy News Beat
Commodities

U.S. liquefied natural gas exports grew to record highs in the first half of 2021

July 27, 2021 Andy Del Prado

U.S. exports of liquefied natural gas (LNG) continued to grow in the first six months of 2021, averaging 9.6 billion cubic feet per day (Bcf/d). This average marks an increase of 42%, or 2.8 Bcf/d, […]

Texas CEO tells Rigzone the Brent and D
Coal

What’s Missing from Oil Prices? – Jay Young, founder, and CEO of King Operating Corp Rigzone interview

July 27, 2021 Jay R. Young

The world’s two leading oil price benchmarks are omitting some important considerations, the head of a privately held Dallas-based oil and gas operator told Rigzone last week. “The recent Saudi Arabia and UAE deal kept the […]

Commodities

U.S. Jet Fuel Glut Is Too Big for Surging Air Travel to Drain

July 24, 2021 Stu Turley

The U.S. is swimming in so much jet fuel that even this summer’s surge in air travel can’t save the market. Air traffic in the U.S. has jumped to more than 2 million passengers a […]

Commodities

Eric Nutall says: The Bull Market Will Last 4-6 Years – We agree – but will be 8 to 10 years

July 22, 2021 Stu Turley

Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, joins BNN Bloomberg to discuss his outlook for the oil sector. He says we are in a structural bull market for oil that will conclude […]

Commodities

Oil and Gas Volatility Is Short Term – The Oil Majors Fleeing The Market Will Change The World

July 22, 2021 Jay R. Young

The US oil price fell more than six percent on Monday, a day after Saudi Arabia and the UAE reaching an agreement to increase output.  With surging Covid cases threatening economic recovery, stock markets slumped. […]

US Oil - EnergyNewsBeat
Commodities

US oil tumbles over 6 percent as markets tank

July 19, 2021 Stu Turley

The US oil price tumbled more than six percent Monday, a day after producers decided to increase output and as stock markets slumped with surging Covid cases threatening economic recovery. The benchmark US crude contract, WTI, was […]

Commodities

The Bulls vs the Bears on Oil Prices with the OPEC + deal signed – Experts are split – Who is right?

July 19, 2021 Stu Turley

Well, we are in historic times with pandemics, countries printing money, and inflation. If that does not make your head hurt, commodities pricing will. The important deal with OPEC + and the UAE is an […]

opec energynewsbeat
Commodities

OPEC+ Calls Meeting for Sunday After Progress Toward Deal

July 17, 2021 Stu Turley

OPEC+ has called a meeting on Sunday, delegates said, after the group made significant progress toward resolving a standoff with the United Arab Emirates that had blocked a deal to boost output. The online conference […]

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