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Natural Gas
Biden Admin Considering Shutting Down Another Pipeline, Drawing Criticism and Dire Warnings As Winter Nears
The Biden administration's energy policies have drawn criticism as gas prices surge heading into the winter months
LNG
EIA: US LNG Exports Climb Week Over Week
Energy Information Administration weekly report shows that LNG exports from the U.S. climbed this week, with Henry Hub prices going down.
Crude Oil
Biden “Looking at” Tapping Strategic Oil Reserve, Energy Secretary Says
U.S. President Joe Biden “is looking at” a potential release from the Strategic Petroleum Reserve to bring down gasoline prices after OPEC+ rejected his reque…
Energy Security
Coal Shortage, Higher Energy Prices Driving Rising Inflation
Higher energy prices to drive up global inflation to 3.23% in 2021, says research.
Crude Oil
Oil Exporters to See Large Surpluses in 2021 and 2022 Amid Higher Crude Prices
Prices are also up because of underinvestment in the sector, which led to tighter supply
Natural Gas
South Korea Cuts Price of Domestic Natural Gas for Hydrogen Production by 25%
South Korea has cut the domestic price of natural gas used to make hydrogen by 25% to help lower hydrogen production costs in a bid to boost hydrogen consumptio…
Oil Price
LNG Prices Soar To New Record In China
There is one recurring problem with central planning: the greater the level of intervention, the worse and more widespread the unexpected adverse consequences.
Oil Price
Opec+ Set to Meet Amid Calls for Lower Prices as Oil Hits Multi-Year Highs
Crude prices have surged in recent months as economies reopen after months of lockdowns
Crude Oil
OPEC Rejects Biden’s Call for More Oil
OPEC+ headed for a clash with the U.S. as more members rejected President Joe Biden’s call for the group to raise oil production faster and help reduce gasolin…
Oil Price
Bank of America Expects $120 Oil by June 2022
Bank of America expects Brent crude to hit $120 a barrel by the end of June 2022.
Oil Price
Aramco Books 158% Surge In Q3 Net Profit On Higher Oil Prices
Saudi state energy giant Aramco booked a net profit of $30.4 billion for the third quarter of the year, up by 158 percent from the third quarter of 2020 on subs…
Oil Price
UAE Petrol Prices to Rise in November
Motorists across the Emirates will face a further increase for both petrol and diesel
Oil Price
Mideast Gulf Gasoline Premium at More Than Decade High
The Mideast Gulf gasoline premium rallied to a more than ten-year high, on the back of strength in the Asian gasoline market and unplanned refinery outages east…
Natural Gas
Energy Crisis: The Price of Natural Gas in Europe has Plummeted Due to Putin’s Big Announcement
The European Directorate General for Competition has once again started sniffing around Gazprom’s house, looking for signs of possible market manipulation and …
Market Analysis
IAEA Modelling Shows High Natural Gas Prices Shift Optimal Hydrogen Production to Nuclear Energy
Nuclear energy will be the most cost-effective means of producing clean hydrogen when natural gas prices are well above the generally low levels seen over the l…
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