Last week, we reviewed the increase in market volatility. Fuel prices, which used to move just pennies per day, are now experiencing changes as dimes and quarters. This +350% volatility increase has a number of impacts on the fuel supply chain – and on fuel procurement teams. This week, diesel reached an all-time high over […]
This week news of oiling hitting two-week lows, reports of summer prices to be highest since 2014, U.S. dollar increases, and airline concerns all made headlines. First, earlier in the week oil hit a two-week low due to Chinese lockdowns. In Shanghai, the world’s fifth-largest city, conditions are deteriorating as the government attempts to reign […]
This morning oil prices are fluctuating heavily as the market continues grappling with uncertainty. With Russian product restrained along with weakening Chinese demand, the supply chain is seeing plenty of ups and downs. This has now started to affect pricing in other industries, with airlines seeing some of the highest jet fuel prices in years. […]
Natural Gas News – April 28, 2022 Profits Skyrocket for US LNG Companies The United States is poised to become the world’s leading liquefied natural gas (LNG) exporter by the year’s end. The US Energy Information Administration forecasts the country will export a whopping 12.2 billion cubic feet per day (Bcf/d) average to surpass Australia […]
Today oil is down slightly as a rising US Dollar presents headwinds for commodity prices. This week the dollar hit a two-year high as commodities continue to take a dip. A rising dollar makes oil more expensive for other countries who must trade their weaker currencies for USD before buying the oil; this rising cost […]
Even $100 Oil Isn’t Tempting Energy-Focused Private Equity Fund Despite the highest oil prices in nearly eight years, investors in the secondary market haven’t yet shown an increased appetite for buying interests in energy-focused private equity funds. ESG concerns and the volatile nature of energy prices, especially in the past two years, have had secondary […]
Natural Gas News – April 26, 2022 High LNG Prices Are Here To Stay In just one year, the global market of liquefied natural gas (LNG) turned from a buyer’s market to a seller’s market, with LNG suppliers commanding a tight market as buyers scramble to secure gas from providers other than Russia. The European […]
Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In our Summer Fuels Outlook, a supplement to our April 2022 Short-Term Energy Outlook, we expect retail gasoline prices to average $3.84 per gallon (gal) this summer driving season, April through September, compared with last summer’s average price of $3.06/gal. After adjusting for inflation, this summer’s forecast national […]
This morning crude oil is down significantly as the major city of Shanghai continues its lockdowns, prompting many fears about demand in the region. Residents in Beijing are preparing in case lockdowns occur in their city, demonstrating how concerns can spread. Lockdowns in China, paired with interest rate increases in the U.S., have investors worried […]
Ever since the Russian invasion of Ukraine, oil markets have undergone immense fluctuations, leading many to discuss the “volatility” in the market. Although the term is often used to imply rising prices, it more accurately represents the rapid change of price in either direction. Before the invasion, crude prices typically moved by roughly $1 per […]
