More Top Stories in Markets

Energy Capital Conference

Is Oil and Gas Headed for Divorce?

An energy investment bank executive delves into the divergent paths of oil and gas during Hart Energy’s Energy Transition Capital Conference.

October 21, 2021

Investment

BP Calls for Investment in Long-term Energy Deals, Storage to Meet Future Demand

BP CEO Bernard Looney said investment in natural gas is needed, which "remains a great balancer" in the energy system.

October 21, 2021

Crude Oil

Plains’ Cushing Terminal to Become WTI Delivery Point

The change will take effect November 8, 2021 for the February 2022 contract month, pending regulatory review.

October 21, 2021

Business

Busting Myths of Oil’s Demise

Deloitte analysts find that while peak growth has passed, the industry will remain on solid ground for the foreseeable future. But how companies choose their competitive positioning will determine the new energy order.

October 21, 2021

Crude Oil

US Crude Oil, Fuel Stocks Dip Further Tightening Supply

Crude stocks at the Cushing, Oklahoma, delivery hub fell by 2.3 million barrels to 31.2 million barrels. That’s the lowest level since October 2018, and points to tightness in the market that may take some time to alleviate.

October 20, 2021

Liquefied Natural Gas (LNG)

LNG Tanker Rates More than Double in Two Weeks as Power Crisis Drives Demand

Shipping rates across all routes are up this week and will likely break previous record high levels, a Singapore-based LNG trader said.

October 20, 2021

Liquefied Natural Gas (LNG)

China Signs Huge LNG Deals with US Supplier Venture Global

For China—which has this year overtaken Japan as the world's top LNG buyer—the deals will be its single largest LNG trade agreement in terms of volumes without an equity stake, a senior Beijing-based gas industry source said.

October 20, 2021

Liquefied Natural Gas (LNG)

LNG Sellers Hold Upper Hand in Long-term Supply Talks with Buyers

Asian spot LNG prices have pulled back to around $30 per mmBtu, but remain nearly 500% up from last year.

October 19, 2021

Markets

Energy Policy Watch: Avoiding Pitfalls of Europe’s Energy Transition

Industry expert Tom McNulty joins Energy Policy Watch to discuss the ongoing energy crisis in Europe plus how the U.S. can avoid making the same mistakes in its energy transition.

October 19, 2021

Crude Oil

What’s Affecting Oil Prices This Week? (Oct. 18, 2021)

While the news about COVID-19 and supply/demand fundamentals remain favorable, Stratas Advisors says they see other factors that will moderate oil prices.

October 18, 2021