Ashley
Petersen
Stratas Advisors
Markets
What's Affecting Oil Prices This Week (June 24, 2019)?
Crude oil got another boost last week. Brent rose $1.35/bbl last week to average $62.92/bbl driven in large part by geopolitical concerns.
Analyst: ‘We Need Exports To Keep Going’
Booming oil and gas production, particularly from the Permian Basin, has made the industry reliant on foreign markets to continue its growth.
Frac Spread: Ethane Anxious To Get Cracking
Mont Belvieu price sags to a 40-month low as NGL slump continues.
Natural Gas: US LNG
U.S. companies will be at the forefront in making final investment decisions this year for LNG plants that will begin commercial production in the mid-2020s.
The Latest
What's Affecting Oil Prices This Week (June 24, 2019)?
Crude oil got another boost last week. Brent rose $1.35/bbl last week to average $62.92/bbl driven in large part by geopolitical concerns.
June 24, 2019
US Exports Take Iran’s Place In India’s Oil Market
Sanctions forced Indian importers to seek other suppliers.
June 24, 2019
Analyst: ‘We Need Exports To Keep Going’
Booming oil and gas production, particularly from the Permian Basin, has made the industry reliant on foreign markets to continue its growth.
June 24, 2019
SoCalGas Delays Return Of California Natgas Pipeline
Gas supplies have been tight in Southern California for years due to the pipeline limitations and reduced availability of the utility's biggest storage field at Aliso Canyon.
June 21, 2019
US Cameron LNG Loadings Delayed A First Cargo Exported
At least two commissioning cargoes, one for France's Total and another for Spain's Repsol, were delayed, according to industry sources and shiptracking data.
June 21, 2019
Report: Planned Red Oak Pipeline Will Contribute To Crude Overbuild
Bernstein Midstream speculates that the additional pipeline projects will bring the 2021 WTI-Brent differentials to less than $4 a barrel, which is way below the current curve of $6.50.
June 21, 2019
US Refiner Phillips 66 Enters Offshore Oil Export Race
The offshore port would provide an outlet for oil coming from recently proposed Liberty and Red Oak pipeline joint ventures that will start in early 2021. Phillips will operate the $1.6 billion Liberty pipeline and help finance the $2.5 billion Red Oak pipeline.
June 20, 2019
Frac Spread: Ethane Anxious To Get Cracking
Mont Belvieu price sags to a 40-month low as NGL slump continues.
June 20, 2019
Global LNG Producers See Cost Risks Looming Over Next Wave Of Projects
Limited number of contractors could put some of the $200 in projects at risk.
June 20, 2019
Oil Jumps 3% As Iran Shoots Down US Drone In Gulf
Expectations of a rate cut by the Fed have also propped up the price.
June 20, 2019