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US oil prices are rapidly approaching the $40/bbl mark thanks to an agreement by OPEC’s largest producers to extend cuts through July; OPEC members will meet Saturday morning to memorialize the agreement. The $40/bbl threshold is particularly significant for two reasons: Crude oil markets rarely dip below $40/bbl. When they do, it typically doesn’t last […]Read Article
Nat Gas News June 4, 2020 Is This The Next Major Market For U.S. LNG? Natural gas producers have had little to cheer about over the past few months after prices sunk to multi-year lows amid a huge oversupply and warm weather. The slowdown could not have come at a worse time for the burgeoning […]Read Article
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