The Latest

Investment

E&P Analyst Corner: Looking Ahead to a Post-Pandemic Gas Market

Although some demand may be permanently lost, the gas market is still expected to follow a growth path. 

October 29, 2020

Crude Oil

Oil Prices Plunge over 5% as Pandemic Surges, US Crude Output Soars

That was the lowest close for Brent crude since June 12 and for WTI since Oct. 2. It was the biggest daily percentage losses for both benchmarks since Sept. 8.

October 28, 2020

Exploration & Production

US Energy Secretary: Oil Production Will Not Return Soon to Pre-pandemic Levels

U.S. oil output reached around 13 million barrels per day (MMbbl/d) in February before the coronavirus pandemic hit fuel demand.

October 28, 2020

Exploration & Production

Nearly Half of US Gulf Oil Production Shut as Producers Brace for Hurricane Zeta

BP, Chevron and Shell, among others, evacuated 157 offshore facilities and sharply cut production from the U.S. Gulf of Mexico region on Oct. 27 ahead of Hurricane Zeta.

October 27, 2020

Liquefied Natural Gas (LNG)

Analysis Shows Natural Gas Primed for Bigger-than-expected Spike

Power generation demand, LNG exports and reduced production will combine to push prices higher than the market anticipates.

October 27, 2020

Liquefied Natural Gas (LNG)

US Natural Gas Futures Hit Near Two-year High

U.S. natural gas futures climbed to their highest in nearly two years on Oct. 26 on forecasts for higher heating demand and concerns that Tropical Storm Zeta could disrupt production.

October 26, 2020

Crude Oil

US Issues Fresh Iran-related Sanctions Targeting State Oil Sector

The U.S. Treasury Department in a statement on Oct. 26 said it was slapping sanctions on key actors in Iran's oil sector for supporting the Quds Force.

October 26, 2020

Crude Oil

What’s Affecting Oil Prices This Week? (Oct. 26, 2020)

Russian President Vladimir Putin’s statements last week will support oil prices, but will it be enough for 2021? Stratas Advisors explores the effect of Putin’s views on the market in its latest oil price forecast.

October 26, 2020

Markets

Saudi Oil Minister: Consider All Options to Reduce Emissions

Getting rid of oil and gas is ‘unrealistic,’ energy minister says.

October 26, 2020

Liquefied Natural Gas (LNG)

Asian Spot LNG Prices Jump to 20-Month High on Firm Demand

Traders believe expectations of a cold winter are pushing demand.

October 23, 2020