Trade
Public Capital , Natural Gas , Trade
FERC to Hear Total Alleged Natural Gas Manipulation Case by 2022
FERC was hoping for an earlier hearing on the case against Total, but the administrative law judge in an order on July 27 said the “complexity of this matter” requires a longer timetable.
Crude Oil , Trade , International
US Weighs Crackdown on China’s Import of Iranian Oil
Chinese refiners are the biggest importers of Iranian oil. That U.S. officials are hinting at a possible crackdown may be a veiled threat that Washington has ways to exact a price from Tehran, says analyst.
Markets , Trade , International , Pipelines
US, Germany to Vow Action on Russia in Nord Stream 2 Deal
U.S. officials insist they continue to oppose the Nord Stream 2 gas pipeline, but said the U.S.-German agreement would mitigate the possibility of Russia using energy as a weapon.
Crude Oil , Trade , International
Opinion: OPEC+ Deal Should End $100 Oil Predictions
So far the evidence from crude oil demand appears to favor the bearish narrative that the world economic recovery is not happening fast enough, especially in the top oil-importing region of Asia.
Crude Oil , Trade , International
OPEC+ Agrees to Oil Supply Boost after UAE, Saudi Compromise
The group, which includes OPEC countries and allies like Russia, crucially agreed new production allocations from May 2022 after Saudi Arabia and others agreed to a request from the UAE.
Exploration & Production , Crude Oil , Trade , Shale Plays , Storage
PATH FORWARD: Impact of $100 Oil on US Shale
Marshall Adkins, managing director and head of energy at Raymond James, shares why the fundamentals of oil have never been better than now plus his outlook for U.S. shale producers.
Natural Gas , Trade , International , Pipelines
Biden, Merkel Fail to Resolve Differences over Russia’s Nord Stream 2 Pipeline
“Good friends can disagree,” Biden told reporters after two meetings with Merkel at the White House where they discussed Russia’s Nord Stream 2 natural gas pipeline.
Public Capital , Natural Gas , Trade
FERC to Hear Total Alleged $214 Million Natural Gas Manipulation Case
FERC alleged Total made intentionally losing trades—known as “uneconomic” trading—in order to affect index prices in the U.S. Southwest on at least 38 occasions between 2009 and 2012.
Crude Oil , Trade , Storage
US Crude Oil Stockpiles Fall for Eight Straight Week
Crude oil inventories in the U.S. fell by 7.9 million barrels in the week to July 9, far more than analysts’ expectations for a decrease of 4.4 million barrels.
Exploration & Production , Crude Oil , Trade , International
Saudi Arabia, UAE Reach Compromise over OPEC+ Oil Policy: Report
Saudi Arabia and the UAE are reported to have reached a compromise to unlock more oil supply after OPEC+ talks this month were abandoned due to a dispute between the two countries, says source.