Oil and Gas Prices
News
October 28, 2021
European natural gas and power prices dropped after more signals from President Vladimir Putin that Russia will send extra gas to the continent next month.
News
October 28, 2021
Canadian heavy crude’s price collapsed at the U.S. trading hub of Cushing as refiners shun heavy and higher-sulfur crude for lighter grades that are less expensive to process in refineries.
News
October 28, 2021
Oil fell for a second day as one of the top energy diplomats in the U.S. urged producers to hike output.
News
October 27, 2021
Iran said it had agreed with the European Union to restart big-power talks to revive the 2015 nuclear deal before the end of November and a precise date for the negotiations would be announced in the next week.
News
October 27, 2021
Oil’s bumper rally cooled after an increase in U.S. crude inventories and as industrial commodities retreated.
News
October 26, 2021
European Union energy ministers are set for another spat over how to cushion consumers and companies from soaring power and natural gas prices, with political and legal constraints leaving little room for immediate action.
News
October 26, 2021
Europe’s energy crisis and a spike in natural gas prices are proving to be a boon for Norway, delivering a flood of revenue for the country that’s already one of the world’s richest.
News
October 25, 2021
The culprit behind the latest jump in oil prices isn’t soaring natural gas prices or even OPEC+’s limits on output but rather what is happening at America’s largest oil storage hub in Oklahoma.
News
October 25, 2021
Natural gas futures soared as forecasts for chilly November weather in the U.S. East heightened concern that supplies will struggle to meet demand this winter.
News
October 25, 2021
Oil in the U.S. rallied above $85 a barrel for the first time since 2014, another landmark in a surge in global energy prices, while an eye-watering rally in market structure deepened.
News
October 22, 2021
Could the era of cheap oil supply be gone for good? That’s the conclusion of some of the biggest commodities desks on Wall Street, where banks have been lifting their long-term price forecasts, often by $10 or more.
News
October 22, 2021
Oil swung between gains and losses as traders weigh the ongoing impact of a global energy crunch and dwindling inventories at a key U.S. storage hub.
News
October 22, 2021
Stockpiles at the biggest U.S. crude depot are quickly approaching critically low levels. The last time that happened, crude cost more than $100 a barrel.
News
October 21, 2021
Time will tell which one is out of sync: Is it a forward oil curve that yields 11% on an annualized basis for investors, or is it a headline price of West Texas Intermediate crude near $83 a barrel?
News
October 21, 2021
Oil slid by the most since August, falling from overbought territory amid concerns around global economic growth.
News
October 21, 2021
Soaring energy prices are exacerbating divisions in the European Union as national leaders brace for heated talks about how to protect the most vulnerable and avoid a backlash against the bloc’s ambitious climate change plan.
News
October 20, 2021
Oil hit a fresh high after a U.S. government report showed an unexpected drop in crude stockpiles, allaying concerns that higher prices would blunt demand.
News
October 20, 2021
“We see our role as extremely limited,” Saudi Energy Minister Prince Abdulaziz bin Salman said during the CERAWeek India Energy Forum.
News
October 19, 2021
European natural gas prices fell on expectations that mild and windy weather will provide some relief to the region’s strained energy system.
News
October 19, 2021
Banks are gradually offering more credit to U.S. shale oil and natural gas producers as the industry recovers from last year’s contraction and energy prices rally.
News
October 19, 2021
Oil continued its advance from the highest close in seven years as the U.S. dollar fell and investors assessed the energy crunch roiling global markets.
