Archive for the ‘Oil Prices’ Category
Energy business activity grew modestly in this year’s first quarter, according to oil and gas executives responding to the Dallas Fed Quarterly Energy Survey.
The world’s publicly listed oil and gas exploration and production companies are bringing in cash at the best rate ever witnessed, even though oil prices have only partially recovered from the huge drop suffered in 2014 and 2015, according to Rystad En…
A group of 58 US-based oil and gas producers and refiners reported full-year 2018 net earnings of $54.75 billion on revenues of $1,012 billion compared with full-year net earnings of $44.38 billion on revenues of $835.21 billion in 2017.
Range-bound gas prices
April 2nd, 2019 by Latest News
Now in the books, 2018 was a remarkable year for US oil and natural gas production. With record-breaking shale development across the US came a 10-bcfd increase in gas production for the year, according to recent US Energy Information Administration da…
US prospects for LNG bunkering uncertain
April 1st, 2019 by Latest News
LNG-fueled ships still account for only a fraction of the US and global fleets, and it may take several decades for significant benefits of LNG-powered vessels to be realized.
US prospects for LNG bunkering uncertain
April 1st, 2019 by Latest News
LNG-fueled ships still account for only a fraction of the US and global fleets, and it may take several decades for significant benefits of LNG-powered vessels to be realized.
Memories of a “black decade” and comparisons with collapsing Venezuela flow inescapably from the political tumult in Algeria that has curtailed the 20-year presidency of octogenarian Abdelaziz Boutefika. Neither fate is inevitable.
EIA: Oil prices up on lower OPEC, US production
March 19th, 2019 by Latest News
Brent crude oil spot prices averaged $64/bbl in February, up $5/bbl from January and about $1/bbl lower than the same time last year.
Oil’s vulnerability
March 19th, 2019 by Latest News
Vulnerability persists in an oil market that might be starting to feel comfortable. The price of West Texas Intermediate crude has gained $10/bbl since the recent low of $45/bbl last December.
The US natural gas and oil industry broke several records in January, according to the latest Monthly Statistical Report from the American Petroleum Institute.