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 […]
The Best and Worst Oil Price Predictions Cognitive psychology (not something you hear about much in FUELSNews!) says people suffer from confirmation bias – we tend to find and remember news that aligns with our pre-existing beliefs. The antidote to confirmation bias is reading the opinions of those who disagree with us. This article, then, […]
Although the week was shortened by a mid-week holiday, markets still saw significant price swings, rising to multi-year highs before giving up their gains. Markets panicked over the weekend when Trump tweeted Saudi Arabia had agreed to a 2 million barrel per day production increase – then rose Monday when his administration clarified Saudi Arabia […]
Have an article worth sharing? Send it to FUELSNews@mansfieldoil.com, and we’ll share it next week in our Weekly Summary segment. Oil Ends Love Affair with Trump Big Oil companies – those involved in the production and refining of oil – used to love Trump. He reduced regulations and opened up new drilling areas. As Trump […]
Have an article worth sharing? Send it to FUELSNews@mansfieldoil.com, and we’ll share it next week in our Weekly Summary segment. OPEC Likely to Agree to Production Increase Next Week According to a Bloomberg study, the majority of traders expect OPEC to push past disagreements and agree to at least some form of production increase. […]
Have an article worth sharing? Send it to FUELSNews@mansfieldoil.com, and we’ll share it next week in our Weekly Summary segment. Oil Holds near $67 as Market Tumult Subsides after OPEC Worries Market turmoil has weighed on oil, erasing all of the gains in WTI crude prices this month as the prospect of rising production from […]
