Oil and Gas Prices
News
September 21, 2021
Oil rose after a two-day decline with a selloff in global equities easing and some crude output still shut three weeks after Hurricane Ida hit the U.S.
News
September 21, 2021
The world’s biggest gas traders and producers are meeting in Dubai this week for the Gastech conference -- the first major in-person event for the industry since the onset of the coronavirus pandemic.
News
September 21, 2021
OPEC and its allies can likely continue reviving oil production, two key Middle East members said as the group prepares to consider its next supply hike.
News
September 20, 2021
Oil resumed declines amid growing concerns over the health of China’s economy that have triggered massive losses in equities.
News
September 20, 2021
European gas prices surged more than 10% as Russia is keeping its grip on the market, opting to cap additional flows to the continent.
News
September 17, 2021
Oil headed for a fourth weekly gain supported by signs of a tighter market and a wider rally in energy prices.
News
September 16, 2021
The world is facing high energy prices for the foreseeable future as oil and natural gas producers resist the urge to drill again, according to Chevron Corp.’s top executive.
News
September 15, 2021
Oil jumped amid indications of a rapidly tightening market after a U.S. government report showed a bigger-than-expected decline in crude stockpiles.
News
September 15, 2021
Natural gas prices in Europe continued their record-breaking run as uncertainties about supply security this winter worsen. Power prices also surged to a new high after a disruption on a power link with France.
News
September 15, 2021
China’s first auction of oil from its strategic reserves looks relatively paltry, but the possibility of further releases is still likely to exert a powerful influence on global crude prices.
News
September 14, 2021
Iraq cut the price of its banner crude for U.S. customers sharply, a bold deviation from what Saudi Arabia chose to do with its own barrels just a few days ago.
News
September 14, 2021
The world will have to wait until October for additional oil supplies as output losses from Hurricane Ida wipe out increases from OPEC+, the International Energy Agency said.
News
September 13, 2021
The latest data from the group indicate that the world will continue to face an oil supply deficit in the coming months even as its members revive idle production.
News
September 13, 2021
Oil climbed above $70 a barrel in New York after three weeks of gains as investors tracked the slow restoration of supplies in the Gulf of Mexico and the outlook for demand and inventories over the fourth quarter.
News
September 10, 2021
Libya’s oil production is in danger of slumping again, as a political power struggle threatens to end a period of relative stability.
News
September 09, 2021
Nigeria has sent a signal that the recovery in global oil demand still has some way to go, with volumes for next month’s loading struggling to find a home, even among its main customers.
News
September 09, 2021
China made an unprecedented intervention in the global oil market, releasing crude from its strategic reserve for the first time with the explicit aim of lowering prices.
News
September 09, 2021
Higher consumption across major economies is buoying oil prices that have rallied around 40% this year. Against this backdrop, the OPEC+ alliance decided to keep restoring crude supply earlier this month, citing tighter balances into year-end.
News
September 07, 2021
European natural gas futures surged to record highs on Monday as the amount of Russian gas flowing into Europe through a key entry point dipped, crimping supplies in an already tight market.
News
September 06, 2021
Oil extended losses after Saudi Arabia slashed crude prices for Asian buyers, raising the prospect of fierce competition among sellers as the resurgence of Covid-19 continues to cloud the demand outlook.
News
September 06, 2021
Saudi Arabia cut oil prices for sales to Asia next month by more than twice the expected amount in a sign the world’s largest crude exporter wants to entice buyers to take more of its barrels.
