The Latest

Natural Gas

Natgas Futures Fall with Oil Prices, Forecasts for Lower Demand

Milder weather couples with an expected loss of exports.

March 30, 2020

Liquefied Natural Gas (LNG)

Laden LNG Tanker Heads to China from US, First Since March 2019

Shipment comes as China returns to work and increases its demand for power.

March 30, 2020

Markets

Calls Mount for New OPEC+ Deal as Oil Prices, Demand Slide

Oil producers need to resume cooperation in an effort to stabilize the global market, Russian and OPEC officials said, as the industry reels from a demand and price collapse caused by the coronavirus pandemic and an emerging price war.

March 27, 2020

Crude Oil

Ten Signs the Oil Industry Is Bent Out of Shape

The collapse in demand and of energy diplomacy between Saudi Arabia, Russia and others have triggered unprecedented responses from governments and investors. Here are ten signs of an oil industry in distress.

March 27, 2020

Crude Oil

IEA: Global Oil Demand Could Drop 20% as 3 Billion People in Lockdown

IEA's Fatih Birol said that, despite huge demand destruction, oil supply was nevertheless set to rise by another 3 million bbl/d as part of Saudi Arabia's market share battle with Russia.

March 26, 2020

Crude Oil

Small, Midsize Oil Producers Left Out of Stimulus Bill

The U.S. Department of Energy has withdrawn a solicitation to purchase oil for the Strategic Petroleum Reserve citing a lack of certainty around funding.

March 26, 2020

Petrochemicals

Frac Spread: Shale Shares Misery Down Value Chain

NGL price collapse deprives oil and gas producers who leaned on associated liquids when crude struggled.

March 26, 2020

Crude Oil

Brent’s Fall Creates Steepest Contango in 11 Years

Unprecedented drop in global demand has traders looking forward to post-COVID-19 prices.

March 26, 2020

Crude Oil

Lawmaker Urges State Dept. to Boost Oil Price War Diplomacy

McCaul applauds efforts to convince Saudis and Russians to cut production.

March 26, 2020

Crude Oil

Trump Admin to Buy Oil Despite Exclusion from Stimulus Bill

Small and midsize oil producers are the focus of the initial purchases. Buyers with fewer than 5,000 employees are eligible to submit proposals.

March 25, 2020