Iran launched a barrage of drones at Israel, officials said April 13, in a significant escalation of tensions in the oil and gas rich Middle East, after earlier impounding an Israeli-linked cargo vessel near the […]
Daily Standup Top Stories BlackRock hit with ‘cease and desist’ after allegedly misleading investors about ESG practices April 1, 2024 Mariel Alumit Mississippi Secretary of State Michael Watson and the Securities Division of the Secretary of […]
NEW YORK, April 1 (Reuters) – Crude prices edged up about 1% on Monday with U.S. futures closing at a five-month high, on expectations that economic growth in the U.S. and China will boost demand, […]
We increased our forecast prices for crude oil and petroleum products for the remainder of 2024 in our March Short-Term Energy Outlook (STEO) following the announcement that OPEC+ will extend the existing voluntary production cuts through the second quarter of 2024. […]
With summer vacation season winding down in August, the national average for a gallon of gas awoke from a months-long slumber, surging 13 cents in the last week of July to $3.71, says AAA. The […]
April 19, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), April 2023 Note: Price data are in nominal terms, meaning not adjusted for inflation. In our April Short-Term Energy Outlook (STEO), we […]
With CPI having slapped some macro-sense back into people’s minds after a week focused on SVB’s fallout, this morning’s PPI and Retail Sales data could further that trend – despite Credit Suisse grabbing everyone’s attention […]
While it’s safe to say that nobody expected a solid 20Y auction today, today’s reopening of 19-year 10-month cusip TK4 was a debacle. Pricing at a high yield of 4.395%, this was the highest yield […]
Source: Graph by the U.S. Energy Information Administration, based on data from Bloomberg A mild start to this winter’s heating season caused U.S. propane prices to decline from the highest starting prices for a heating season […]
Source: Graph created by the U.S. Energy Information Administration, based on data from Natural Gas Intelligence and S&P Capital IQ The spot natural gas price at the Algonquin Citygate, a trading hub and the benchmark for […]
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