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On Wednesday, WTI crude closed slightly higher but is trading sideways in early trading this morning. Despite the resoundingly bullish EIA report yesterday, markets failed to rise above $40/bbl. The dollar strengthened for the fifth day in a row as US equities fell and investors fled to cash. Yesterday’s flight to cash was triggered by […]Read Article
Nat Gas News 9-17-20 The Latest Threat For China’s Natural Gas Demand A drive to cut electricity prices for end-users has prompted Beijing to reduce gasfired power plant tariffs, which has threatened the survival of many of them, Wood Mackenzie reports, adding to already substantial pressure on the industry from the ongoing trade war with […]Read Article
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