Natural Gas News - December 13, 2017 Virginia Agency Takes Unexpected Step That Could Delay Gas Pipeline Project
Oil prices are on the rise this morning, with WTI crude oil up about 31 cents this morning. Crude picked up 74 cents (1.3%) yesterday amid news of a pipeline disruption in Europe. WTI crude prices are currently trading at $58.30 this morning, the highest they’ve traded since early December.
Oil markets are generally higher this morning, supported by Nigerian oil production instability. Oil prices saw large gains (71 cents, or 1.3%) on Friday thanks to threats of strikes from the Nigerian union of works. Prices are continuing their gains this morning, though so far gains have been[…]
Oil prices move higher this morning after Nigeria’s announcement yesterday that there could be a strike by the key oil workers union. Crude recovered some of its strength during yesterday’s session, closing 69 cents above the opening price. Prices have continued to strengthen this morning, gaining[…]
It’s been an eventful week for the market considering the overall lack of news. Markets have calmed from the OPEC announcements made last week and responded to a bearish inventory report that weakened prices on Wednesday. Yesterday’s announcement of Nigeria’s potential strike has been one catalyst[…]