Natural Gas News – January 26, 2023

Natural Gas News – January 26, 2023 African countries tap into global gas demand with new floating A floating liquefied natural gas (FLNG) terminal is a mobile platform or vessel used to liquefy and store natural gas from offshore fields. The have begun popping up around Africa, allowing the continent to quickly tap into global […]

Only 10 Days Remain for Europe to Replace Russian Diesel Exports

Due to technical errors, yesterday’s FUELSNews article was not sent. Please enjoy yesterday’s What Is It article along with today’s newsletter.” Seaborne diesel shipments from the largest foreign supplier to the European Union will be forbidden entirely in less than a week. Approximately 220 million barrels of diesel-like products were imported by the EU from […]

Global Gasoline Demand Disrupted by Renewable Outlooks

Amid renewable fuel switching and improving vehicle efficiency, the EIA is forecasting declines in gasoline demand not only for this year but also for next year. The declining forecast begs the question of whether US gasoline consumption has peaked, and a surprise slowdown last year indicates that demand may never return to pre-Covid levels. But […]

IEA: “Two Wild Cards Dominate” in 2023

Oil prices are trending a bit higher this week, with oil closing above $80/bbl for the first time in the new year on Tuesday and Thursday. Monday was a market holiday, but prices have seen plenty of movement the rest of the week. China’s economy continues reopening, prompting the International Energy Agency to forecast a […]

What Is It – Kerosene

Analysis by Sydney Casey Kerosene, also known as paraffin or lamp oil, is a clear, colorless liquid that is derived from petroleum. It is commonly used as a fuel for lamps and small engines, as well as for heating and cooking in some parts of the world. Kerosene has a high flash point, which means […]

NATURAL GAS NEWS – January 19, 2023

NATURAL GAS NEWS – January 19, 2023 EIA: Soaring Production Will Keep Natural Gas Prices Continued increases in U.S. dry natural gas production are expected to outpace domestic demand and exports this year and in 2024 according to the EIA Continued increases in U.S. dry natural gas production are expected to outpace domestic demand and […]

US Adds 5,000 Transportation Jobs – Enough to Kick Recession Fears?

Headlines lately have centered around scares of an impending recession due to the weakening US dollar amid other economic factors. The Bureau of Labor Statistics recently released data stating that the US added 223,000 jobs in December, which is evidence that a recession is not as near as some may think. Only 5,000 jobs in […]

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The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

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