Ashley
Petersen
Stratas Advisors
What's Affecting Oil Prices This Week (January 27, 2020)?
For the week ahead, Stratas Advisors expect Brent to continue to struggle, likely averaging close to $60/bbl.
Oil Drops Below $60 As China Virus Stokes Demand Concern
Both Brent and WTI suffer hits of more than 3%.
Frac Spread: Ethane, Propane Wrestle For Market Share
NGL prices continue to slump, but the plunge in natural gas results in improved margins.
What's Affecting Oil Prices This Week (January 21, 2020)?
For the week ahead, Stratas Advisors expect Brent to continue drifting lower, likely averaging $63.50/bbl.
The Latest
Liquefied Natural Gas (LNG)
Cheniere Celebrates 1,000th LNG Cargo Milestone
Company says its accomplishment was achieved faster than any other producer in the world.
January 28, 2020
Crude Oil
OPEC Considering Deeper Oil Production Cuts Due To China Virus
The quick slide in oil prices over the past few days has alarmed OPEC officials, the sources say, as the new virus found in China raised concerns about a hit to economic growth and oil demand.
January 28, 2020
Liquefied Natural Gas (LNG)
Cameron LNG Seeks More Time For Louisiana Export Plant Build-out
Cameron LNG said in a filing with the U.S. Federal Energy Regulatory Commission on Jan. 24 that it anticipates making a final investment decision by mid-2021 to add two additional liquefaction trains.
January 28, 2020
Crude Oil
What's Affecting Oil Prices This Week (January 27, 2020)?
For the week ahead, Stratas Advisors expect Brent to continue to struggle, likely averaging close to $60/bbl.
January 27, 2020
Crude Oil
Oil Drops Below $60 As China Virus Stokes Demand Concern
Both Brent and WTI suffer hits of more than 3%.
January 27, 2020
Crude Oil
Libyan Central Bank Chief Says Oil Blockade Must Be Lifted
Libya's internationally recognized prime minister Fayez al-Serraj has warned of catastrophe if the week-long blockade, which has cut oil output to almost zero, is not lifted.
January 24, 2020
Liquefied Natural Gas (LNG)
Annova LNG, Enbridge Ink Pipeline Agreement
Annova LNG signed a precedent agreement with Valley Crossing Pipeline LLC (VCP) on Jan. 22, providing transportation for Annova LNG’s total natural gas requirements at its 6.5 mtpa LNG facility in Brownsville, Texas.
January 24, 2020
Crude Oil
Saudi Arabia Says All Options Open At OPEC+ Meeting In March
Saudi Arabia's Minister of Energy said all options are open at an OPEC+ meeting in early March, including further cuts in oil production
January 24, 2020
Petrochemicals
Frac Spread: Ethane, Propane Wrestle For Market Share
NGL prices continue to slump, but the plunge in natural gas results in improved margins.
January 23, 2020
Liquefied Natural Gas (LNG)
First US Freeport LNG Cargo Arrives In Japan
Delivery to JERA’s facility adds to Japan’s oversupply.
January 23, 2020