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.

July 28, 2021

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.

July 23, 2021

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.

July 21, 2021

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.

July 19, 2021

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.

July 19, 2021

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.

July 19, 2021

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.

July 16, 2021

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.

July 16, 2021

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.

July 14, 2021

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.

July 14, 2021