US-China Sign Phase-One Trade Deal

Crude prices are relatively flat this morning.  WTI Crude is trading at $58.22, a loss of one cent. Fuel is flat and mixed in early trading this morning.  Diesel is trading at $1.9066, a loss of 0.4 cents.  Gasoline is trading at $1.6580, a gain of 0.4 cents. President Trump and Chinese Vice Premier Liu […]

Report Shows Slowing US Oil Production

In light of the holidays, FUELSNews will resume normal publications on January 2. Happy Holidays and thank you for reading! After hitting multi-month highs last week, the oil rally fizzled out on Friday, with prices falling almost a dollar after gaining roughly $6/bbl since Dec 1. With holidays keeping trading volume low, any major long-term […]

OPEC Reveals Long-Term Cut Strategy

Markets are cooling quickly this morning after a wild ride yesterday. Prices soared in yesterday’s early morning trading, but settled more than a dollar below the day’s highs. Today, markets are sinking, unable to garner strength to re-approach $60/bbl. Crude oil is currently trading at $57.50, down $1.59 from Monday’s close. Fuel prices are also […]

Natural Gas News – April 3, 2019

Natural Gas News – April 3, 2019 Natural Gas Pipeline In Germany Holds “Green” Methane; Austria Has Similar Plans ARS Technica reported: A Düsseldorf, Germany- based energy company called Uniper announced last week that it sent methane made from renewable hydrogen into the local natural gas pipeline. The methanation plant in Falkenhagen that made the […]

Natural Gas News – March 7, 2019

Natural Gas News – March 7, 2019 Natural gas trading, prices increase on colder weather, nuclear outages OS&P Global reported: North American natural gas trading has been relatively higher the last four trading sessions as colder weather and nuclear outages increased the market’s reliance on gas to meet its needs. S&P Global Platts received 8,660 […]

Prices Fizzle Out after EIA Data

The oil complex is trading mostly flat this morning and is set to end the week lower. Crude fell to two-week lows yesterday, losing 87 cents as the market processed an overall bearish EIA report. Although crude saw a large inventory draw, both products and Cushing stocks built, giving the market a more bearish sentiment. […]

Market Condition Report - Disclaimer
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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