• Will Crude Prices Crater From Another Massive Oil Glut? (USO)
    ETF Daily News30 minutes ago

    Will Crude Prices Crater From Another Massive Oil Glut? (USO)

    From Nick Cunningham: For the second month in a row, the IEA has poured cold water onto the oil market, publishing an analysis that suggests 2018 could hold some bearish surprises for crude. The IEA’s December Oil Market Report dramatically revises up… Read more ›

  • Market Realist1 hour ago

    Will US Natural Gas Futures Fall More?

    US natural gas (GASL) futures contracts for January delivery were below their 20-day, 50-day, and 100-day moving averages on December 14, 2017.

  • Market Realist1 hour ago

    EIA Upgrades US Natural Gas Production for 2018

    US dry natural gas production was flat at 76.1 Bcf (billion cubic feet) per day on December 7–13, 2017, according to PointLogic.

  • Market Realist1 hour ago

    Could Natural Gas Hit a New 2017 Low Next Week?

    On December 14, 2017, the implied volatility of natural gas futures was 40.4%. It was ~5.9% below its 15-day average.

  • Market Realist1 hour ago

    Will Non-OPEC Oil Supply Dominate Oil Prices in 2018?

    On December 14, 2017, US crude oil (USO) (USL) January 2018 futures rose 0.8% and closed at $57.04 per barrel.

  • Market Realist2 hours ago

    What’s the Forecast for West Texas Intermediate Crude Oil?

    The EIA (U.S. Energy Information Administration) forecasts that US crude oil production will average 9.2 million barrels per day in 2017.

  • Market Realist3 hours ago

    US Natural Gas Rig Count Has Risen 33.3% in 2017

    Baker Hughes estimates that the international natural gas rig count fell by 11 to 186 in November 2017—compared to the previous month.

  • Market Realist3 hours ago

    Permian Cash Flows Driven by Low Costs, High Productivity

    With the increase in capital expenditure and production, cash flows in the Permian Basin are also expected to rise by 2021.

  • Market Realist3 hours ago

    Coal Prices Have Been Constant Week-over-Week

    The coal prices in the Powder River Basin (or PRB) reached $12.10 per short ton for the week ended December 8, 2017.

  • Market Realist5 hours ago

    Coal Production Rebounded in the Week Ended December 2

    For the week ended December 2, 2017, coal production rose sharply to 15.7 MMst (million short tons) from 14.1 MMst in the previous week.

  • Morningstar5 hours ago

    Production Cuts Lousy Panacea for Broken Oil Markets

    Rising U.S. production is likely to stall OPEC efforts to normalize global crude stockpiles.

  • Reuters5 hours ago

    VEGOILS-Palm oil marks strongest daily gain in nearly five months

    * Palm climbs to one-week high of 2,525 rgt/T * Technical rebound, falling output in Dec supports mkt -traders * Palm oil targets 2,491 ringgit/tonne -Technicals (Updates with closing prices) By Emily ...

  • Reuters11 hours ago

    Paralysis at PDVSA: Venezuela's oil purge cripples company

    CARACAS/HOUSTON (Reuters) - Decisions at some joint ventures with foreign firms are delayed. A growing number of oil tankers sit idle because no one authorizes payments. An alleged crackdown on graft in Venezuela, seen by critics as an effort by President Nicolas Maduro to consolidate power, has sown panic across the country's energy industry and all but paralyzed state-run Petroleos de Venezuela SA, or PDVSA, according to people at the company and across the sector.

  • Reuters11 hours ago

    Paralysis at PDVSA: Venezuela's oil purge cripples company

    CARACAS/HOUSTON (Reuters) - Decisions at some joint ventures with foreign firms are delayed. A growing number of oil tankers sit idle because no one authorizes payments. An alleged crackdown on graft in Venezuela, seen by critics as an effort by President Nicolas Maduro to consolidate power, has sown panic across the country's energy industry and all but paralyzed state-run Petroleos de Venezuela SA, or PDVSA, according to people at the company and across the sector.

  • Crude Oil Narrowly Mixed In Asia With Eyes On US Rig Count
    Investing.com12 hours ago

    Crude Oil Narrowly Mixed In Asia With Eyes On US Rig Count

    Investing.com - Crude prices were narrowly mixed on Friday with weekly US rig count data ahead expected to set the tone.

  • Reuters12 hours ago

    BRIEF-Riverview Rubber Estates Posts Group's Nov Production Of Fresh Fruit Bunches Of Oil Palms

    Dec 15 (Reuters) - Riverview Rubber Estates Bhd: * GROUP'S PRODUCTION OF FRESH FRUIT BUNCHES OF OIL PALMS 5,933.55 METRIC TONS‍​ IN NOVEMBER Source text: ( http://bit.ly/2B2EMts ) Further company coverage:...

  • Reuters13 hours ago

    Sea change: LNG tankers divert to China as winter gas shortage bites

    Liquefied natural gas (LNG) is being re-exported to China from Japan and tankers are being diverted from as far away as Brazil, with traders rushing to find cargoes in the face of a supply crunch in the world's No.2 economy as winter bites. Following an unprecedented drive to switch millions of households to natural gas from coal for heating, China's imports of LNG have surged as utilities struggle to meet soaring demand as winter gets off to a colder start than usual.

  • Reuters17 hours ago

    Oil prices up on pipeline outage support

    Oil prices rose on Thursday as a pipeline outage in Britain continued to support prices despite forecasts showing global crude surplus in the beginning of next year. U.S. West Texas Intermediate futures (CLc1) settled up 44 cents, or 0.8 percent, to $57.04 a barrel. Brent crude futures (LCOc1) settled up 1.4 percent, or 87 cents, at $63.31 a barrel.

  • Oilprice.com20 hours ago

    The Uncertain Future Of Natural Gas

    Natural gas has played a vital role in the global energy mix since the shale revolution and a renewed focus on climate change, but its future is far from certain

  • Market Realist21 hours ago

    US Crude Oil Exports to China: Highest in November

    China’s crude oil imports from the US were the highest in November. In the past month, almost 289,000 barrels per day of US crude hit China’s shores.

  • Market Realist22 hours ago

    Natural Gas–Weighted Stocks Avoiding the Fall

    Between March 3, 2016, and December 13, 2017, natural gas active futures rose 65.6%. On March 3, 2016, natural gas fell to a 17-year low.

  • Market Realist23 hours ago

    China’s Crude Oil Imports Are at Record Levels

    In November, China’s crude imports rose to the second-highest level on record. In November, China’s crude oil imports were 37.04 million tons.

  • Market Realist23 hours ago

    US Crude Oil Production Has Risen 16% since July 2016

    US crude oil production rose by 73,000 bpd (barrels per day) to 9,780,000 bpd on December 1–8, 2017, according to the EIA.

  • Market Realist23 hours ago

    US Crude Oil Inventories Have Fallen 8.3% in 2017

    US crude oil inventories fell by 5.1 MMbbls (million barrels) to 442.9 MMbbls on December 1–8, 2017, according to the EIA.

  • Market Realist23 hours ago

    Are Coal Miners Impacted by a Fall in Crude Oil Prices?

    On December 8, 2017, the price of WTI crude oil was $57.36 per barrel. This price was nearly 2.0% below the price of $58.36 per barrel when the market closed on December 1.