|Day's Range||0.00 - 0.00|
A major Nigerian oil union said on Saturday it would launch a strike from Monday after talks aimed at resolving a dispute with domestic oil and gas companies reached a deadlock. The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), whose members mainly work in the upstream oil industry, is clashing with the companies over the laying off of union members. The strike could hit Nigeria's oil production and dent exports, as they did in December last year during a PENGASSAN action against ExxonMobil.
From Tom Kool: Oil prices fell back from their highs earlier this week after the Forties outage, as the IEA dashed hopes of continued bullish momentum when it reported that the global supply surplus could return in 2018. Inventory surplus… Read more ›
What’s the point of inheriting the Earth if it’s only going to burn (or drown)? Kids around the world are asking governments this question and demanding answers in court. For example, on Dec. 11, Juliana v. US pitted the president and American lawmakers against the very children whose future they so often invoke when seeking…
Silver markets had a slightly positive week, after getting beaten down over the last couple of months. It appears that the $15.50 level is offering a significant amount of support in general.
Inventories have been falling and oil prices rising consistently in the second half of this year, but the IEA has warned that trends will change in 2018
Investing.com - Crude oil prices steadied on Friday, as traders grew more cautious ahead of the weekend, while concerns over rising U.S. shale production continued to linger.
Baker Hughes estimates that the international natural gas rig count fell by 11 to 186 in November 2017—compared to the previous month.
US natural gas inventories fell by 69 Bcf (billion cubic feet) or 1.8% to 3,626 Bcf on December 1–8, 2017, according to the EIA.
In 2016, sugar ended a five year bear market and prices rose steadily. But 2017 saw the prices whipsaw as investors worried about production outpacing demand. Where do prices go from here? Who are the ...
Dongying, China From smog-choked cities to sludge-filled rivers, stories about China’s environment in recent years have painted a bleak picture. But China is not the first country to put economic development above protecting the environment. All of today’s wealthy countries, including the UK during the industrial revolution and the US after World War II, got…
Friday’s session is going to be driven by the same factors that moved the market on Thursday: interest rates, the dollar and demand for higher-yielding assets.
WASHINGTON (AP) — President Donald Trump and his administration are ignoring one side of the ledger when they claim big savings from the federal regulations they've been able to roll back over most of this year.
We’re likely to continue to see a two-sided trade over the near-term, however, a downside bias appears to be forming.
U.S. retail sales increased more than expected in November, helped by a brisk start to the holiday shopping season. Investors read this as a sign of sustained strength in the economy.
Natural gas markets continue to be very choppy, but I think we may be trying to form some type of support to cause the market to bounce. That being the case, I’m looking for a selling opportunity.
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil futures hit a 16-month low on Thursday, weighed down by low demand ...
While oil markets and news outlets have been focusing on the OPEC production cut extension, the single most important factor is the cartel’s exit strategy
The closure of the Forties Pipeline System has resulted in a further drawdown in global industries, moving OPEC one step closer to its ultimate aim
Natural gas prices moved lower, sliding in a down trend, after prices broke through support levels. Warmer than normal weather is forecast to cover most of the United States for the next 8-14 days which would reduce heating demand and weigh on natural gas prices. The weather offset the larger than expected draw in inventories. Prices are targeting support near an upward sloping trend line that comes in near 2.52. Resistance is seen near the 10-day moving average at 2.83.
Categories: Fundamental Analysis Yahoo FinanceClick here to see latest analysis Capitalcube gives Husky Energy, Inc. a score of 41. Our analysis is based on comparing Husky Energy, Inc. with the following peers – Cimarex Energy Co., Southwestern Energy Company, Concho Resources Inc. and Oasis Petroleum Inc. (XEC-US, SWN-US, CXO-US and OAS-US). Investment Outlook Husky Energy, Inc. has a fundamental ... Read more (Read more...)
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.
As the natural gas shortage in the UK worsens, Britain has turned to a sanction-targeted Russian project for the gas it desperately needs
According to EIA estimates, the natural gas inventory for the week ended December 1, 2017, is 3,695 Bcf (billion cubic feet). This reading is just 2 Bcf above the 3,693 Bcf recorded for the week ended ...
Investing.com - U.S. natural gas futures initially pared losses in North American trade on Thursday, after data showed that natural gas supplies in storage in the U.S. declined more than expected last week.