Company says it that it will truck LNG and CNG to meet winter demand in New England and New York.
Global oil demand growth is expected to slow from 2025 as fuel efficiency improves and the use of electrified vehicles increases but is unlikely to peak in the next two decades, the International Energy Agency (IEA) said on Nov. 13.
Stratas Advisors expects a minor 3 Bcf withdrawal to be reported this week.
Oil prices rose on Nov. 12, reversing early losses on hopes that President Donald Trump may signal progress on trade talks with China in a speech later in the day.
For the week ahead, Stratas Advisors expect prices to be range bound. Statements from the White House will likely dampen hopes of a U.S.-China trade deal but rumors out of OPEC are that an extension likely will lend support.
Country seeks to exploit its massive Vaca Muerta shale play.
Despite its recent rally, propane’s price is well below last year’s as the giant play fills up storage on the Gulf Coast.