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 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 29, 2019 China To Cut City-Gate Natural Gas Prices And Pipeline Fees From April 1 S & P Global reported: uietly for much of the country, coal legend Pennsylvania has become the second most vital natural gas state. At over 18 Bcf/ d, Pennsylvania now yields over 20% of all […]
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 […]
Natural Gas News – February 4, 2019 Warmer Shift in Europe Brings Mixes for Gas and Power Traders Reuters reported: The cold beer will flow as usual, but for the thousands of energy traders, utility executives and analysts descending on Essen and the E-world fair in Germany this week the impact of a relatively mild […]
Nat Gas News – November 8, 2018 Russia Looks to Hydrogen as Way to Make Gas Greener for Europe Bloomberg reported: Russia is looking at how to develop a market for hydrogen in Europe, a move that would help maintain demand for one of its primary exports as governments everywhere work to cut pollution. Gazprom […]
Nat Gas News – November 7, 2018 Natural Gas Prices Surge on Surprise Forecast for Cold Weather Across US CNBC reported: Natural gas prices are surging after a dramatic change to U.S. weather forecasts indicates that winter like temperatures will grip much of the country in the coming days. The surprise forecast comes on the […]
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. […]
Melting Arctic a Boon for Energy Trade Melting ice caps may not be all bad. As the Arctic Circle becomes more navigable, more ships are able to travail the region, taking less time than icebreakers to deliver their products. Still, environmentalists worry that more ships passing through the region could emit more black carbon, causing […]
Net verses Gross Gallons – What’s the difference? Have you ever questioned why there are two different gallon amounts listed on a BOL (Bill of Lading) for the same delivery? You may have ordered a specific gallon amount (gross) but then were invoiced for a net amount. It’s a common quandary for fuel purchasers. How […]
