The Latest

Business

Global Oil Supply Seems Bullish

Shale has relegated peak oil supply concerns to the dustbin of history; now worries are focused on the potential for peak demand.

October 15, 2019

Liquefied Natural Gas (LNG)

China's Gas Demand Growth To Slow To 10% This Year: Sinopec Official

China's natural gas demand is expected to reach 307 billion cubic meters (Bcm) this year, an increase of just 10% from 2018, an official of state-run Sinopec Gas Co. said on Oct. 15, as a slowing economy hits consumption.

October 15, 2019

Crude Oil

What's Affecting Oil Prices This Week (October 14, 2019)?

For the week ahead, Stratas Advisors expect Brent to average $58/bbl as enthusiasm about a trade deal wanes.

October 14, 2019

Natural Gas

India Investing $60 Billion On Gas Grid To Link Up Nation By 2024

India, one of the world's largest consumers of oil and coal, is investing $60 billion to build a national gas grid and import terminals by 2024 in a bid to cut its carbon emissions, the oil minister said on Sunday.

October 13, 2019

Crude Oil

‘Business As Usual’ After Saudi Attacks, IEA Says

Saudi Arabia took just 11 days to restore lost output, though average supply there tanked by 770,000 bbl/d to just over 9 million bbl/d in September—the lowest level since 2011.

October 11, 2019

Crude Oil

Oil Posts Biggest Gain In A Month After Reports Of Iranian Tanker Attack

Oil prices jumped more than 2% on Oct. 11 after Iranian media said a state-owned oil tanker had been struck by missiles in the Red Sea near Saudi Arabia, raising the prospect of supply disruptions weeks after attacks on Saudi oil plants.

October 11, 2019

Natural Gas

Gas In Transition

How will the U.S. natural gas market change in the coming decades? There are two likely options.

October 10, 2019

Liquefied Natural Gas (LNG)

Report: Grim Outlook For Natural Gas Prices

Pipeline infrastructure coming online is expected to unleash associated gas from the Permian Basin’s vast oil production, overwhelming the market, recent report says.

October 10, 2019

Crude Oil

US Crude Stocks Climb As Production Hits Record, Refineries Cut Output

U.S. crude stocks rose last week as refineries cut output to the lowest level in nearly two years and production edged higher to a record of 12.6 million barrels per day, the EIA said on Oct. 9.

October 10, 2019

Business

Basis Differentials Scorecard: The Dilemma Of Diffs

Differentials between basins are subject to wide swings as new pipeline capacity comes online.

October 10, 2019