US Super-Light Oil Output Rise Roils Texas, Okla. Markets
Pipeline companies are requiring produces to segregate West Texas Light oil from WTI.
April 12, 2019
The Latest
OPEC Could Raise Oil Output If Prices Increase, Shortages Mount
Venezuela output fall and Iran sanctions tightening market.
April 12, 2019
US LNG Shipments On Track For Slowest Month Since October
U.S. shipments of LNG are expected to fall to their lowest level in six months in April, after a leading U.S. supplier shut units for maintenance at a time when a glut of supply has driven some worldwide prices to near three-year lows.
April 11, 2019
China’s ENN To Scrap Deal For Toshiba’s US LNG Business
Lost deal for $800 million deals another to struggling Japanese company.
April 11, 2019
As Conflict Flares, What’s At Stake For Libya’s Oil?
As a major supplier of oil and gas to Europe and starting point for migrant flows into Italy, much is at stake if the country slips into further turmoil.
April 11, 2019
Frac Spread: Permian’s Super Gas Production Hammers Prices
NGL like ethane and propane continue falling as inventories continue to rise.
April 11, 2019
Oil Prices Slip As US Stocks Surge, But Global Market Tightens
Rising U.S. crude stocks dragged oil lower on April 11 but prices continued to find a floor as OPEC-led cuts and freefalling Venezuelan output tightened global supplies.
April 11, 2019
Venezuela oil Output Plummets To 870,000 bbl/d On Outages, Sanctions: IEA
Global oil supply dropped in March as U.S. sanctions and power outages pushed Venezuela's crude output to a long-term low of 870,000 barrels per day (bbl/d), the International Energy Agency(IEA) said on April 11, even lower than OPEC reported the day before.
April 11, 2019
What's Affecting Gas Prices (April 10, 2019)?
The increase in Canadian imports and decrease in Mexico exports helped ensure that trade fundamentals remain unchanged.
April 10, 2019
OPEC: Venezuela Reports Collapse In Oil Supply, Tightening Global Market
Country’s collapse has contributed to a 32% increase in crude oil prices this year.
April 10, 2019