Natural Gas News - July 24, 2017 Will U.S. Liquefied Natural Gas Find A Market In Asia?
Crude prices are down this morning to $46.54, 38 cents off from yesterday’s close. Like most days this week, prices yesterday saw a midday peak, followed by declining prices. Prices opened at $46.91 this morning, almost 20 cents down from yesterday’s opening price.
After what seems like it would be a positive week, crude prices appear set to post a slight loss for the week. Prices opened Monday morning at $46.68, and are currently $46.54. Prices fluctuated from a low of $45.81 on Tuesday to a high of $47.55 on Thursday, a range of almost $1.75. Compare this[…]
Crude prices are $47.45/bbl this morning, soaring higher yesterday following the EIA’s report of across-the-board stock draws (more below). Prices reached a high yesterday of $47.60, closing the day at $47.12. Prices opened this morning at $47.09/bbl, and have been rising this morning. Today’s[…]
Oil prices recently have received much support from a falling U.S. Dollar. Because oil prices internationally are denominated in the dollar, changes in currency values can significantly alter global energy prices. Traditionally, the two values have had an inverse relationship – when the dollar[…]
Crude prices this morning are $46.43, up slightly this morning from today’s opening price of $46.25. Prices rose gently yesterday, rapidly gaining $.75 but shedding $.50 before closing, to give a gain of roughly $.25 off the morning lows in the high $45’s. Prices are just .06% higher than[…]
Editor’s Note: The Fuels Institute recently published an in-depth analysis on the future of vehicles sales in the U.S., along with how those trends will affect energy markets. Click one of the below links to download the full analysis. Below, we’ve shared the Executive Brief