Low natural gas prices, particularly in the Permian, are discouraging drilling activity for US oil producers. Rising drilling costs are another factor limiting US oil production growth.
Exxon will pause for several weeks oil production at two platforms offshore Guyana in the third quarter of 2024 to connect them to a new pipeline expected to bring the associated natural gas ...
this could result in fewer oil products being available for export, which would lead to a widening of the gasoil crack spread and a higher gasoil price,” he wrote. Meanwhile, natural-gas futures ...
The famed burled arch finish line for the Iditarod Trail Sled Dog Race has collapsed into a wood pile in Alaska, officials said. Nome Mayor John Handeland told Anchorage television station KTUU ...
Weekly U.S. natural-gas supplies up more than expected, EIA data show Oil prices headed lower in Thursday dealings, with U.S. prices on track to finish at ... surprise at the low end exudes ...
The biggest story of the day, however, was not the team championship, but the battle for low medalist. Brookwood’s JD Culbreth and Mason Howell each finished with a 64 on the day, tied for low ...
Natural-gas futures settle higher for a third straight session Crude-oil futures tallied a back-to-back session decline on Tuesday as traders weighed prospects for a ceasefire in Gaza and related ...
Oil prices rose a dollar a barrel on Tuesday ... data showed US business activity cooled in April to a four-month low on a weaker demand. Brent crude futures rose $1.29, or 1.5 per cent, to ...
U.S. natural gas futures softened on Friday, marking a monthly low in early trading. The focus among investors shifted to the latest U.S. Energy Information Administration (EIA) report ...
Across the oil ... natural gas (LNG) exporters and industrial users are looking at the certified fuel as a possible way to lower emissions along their supply chains. The premium for low-methane ...
Natural gas markets have done very little during the trading session on Thursday, and as we continue to wait for some type of catalyst to go higher, the market continues to look at the $1.50 level ...
the odds of this war materially impacting oil supply remain low,” he said. Meanwhile, traders have shifted some of their focus to the latest economic data out of China, according to one analyst.