Markets this week have seen fluctuations stemming from continued uncertainty in global politics and production concerns out of Iraq. Legislative developments in the energy sector have also sparked interest this week with discussions of cutting energy costs for Americans. Crude oil futures are trading up 40 cents/bbl this morning, with oil prices on track to […]
Natural Gas News – March 30, 2023 US NatGas Flows To Freeport LNG Export Plant In Texas Rise – Refinitiv The amount of natural gas flowing to U.S. liquefied natural gas (LNG) company Freeport LNG’s export plant in Texas was on track to hit its highest on Wednesday since shutting in June 2022, according to […]
Picture this: you’re driving down the highway, enjoying the scenic views, and taking in the fresh air. But have you ever wondered if the air you’re breathing might not be as clean as you think? Just a few years ago, diesel engines, which power many vehicles on the road, were significant contributors to harmful nitrogen […]
Although an obscure environmental data point, Reid vapor pressure is a critical factor when it comes to gasoline fuel supplies in the US. As such, it’s important that those in the fuel industry have a clear understanding of what Reid vapor pressure is and why it matters. In this edition of FUELSNews What is It […]
Natural Gas News – March 28, 2023 US NatGas Futures Up 3% On Forecasts For Colder Weather U.S. natural gas futures gained about 3% on Friday after falling to a one-month low in the prior session on forecasts confirming the weather will remain mostly colder than normal for the next two weeks, keeping heating demand […]
As economic and geopolitical concerns continue to weigh down on oil prices, markets are still processing the implications of the banking crisis. Crude oil is relatively unchanged this morning after a brief 50-cent per barrel increase earlier in the day. Equity futures and treasury yields are also exhibiting minimal movement as the market’s focus remains […]
Neglecting the quality of the fuel you use is not an option if you rely on it to keep your operations running. Whether you’re powering truck fleets, marine vessels, generators, or anything in between, fuel is a critical asset that requires proper management and maintenance. And let’s not forget – when storing fuel for extended […]
Crude oil prices are facing downward pressure this morning, dropping over $2.50/bbl. This decline is likely due to concerns surrounding Deutsche Bank, which may be the next institution to experience bottlenecks. The ongoing apprehension of contagion within the banking sector adds to the uncertainty affecting oil prices. The current state of lower equities and yields, […]
The world has witnessed a sharp decline in oil prices despite a China demand boom. Goldman Sachs attributes the recent decline to banking stress, recession fears, and an exodus of investor flows. However, historical data shows that after such scarring events, positioning and prices recover gradually, especially for long-dated prices. Indeed, that’s what we’re seeing […]
Natural Gas News – March 23, 2023 Port Arthur Chosen as Site for New $13 Billion LNG Facility It definitely didn’t happen overnight, however, now it’s official. A Sempra affiliated company reached a positive final investment decision (FID) for the development, construction and operation of the Port Arthur LNG Phase 1 project in Jefferson County, […]
