Natural Gas News - December 7, 2017 U.S. Ready to Ship More Gas to Middle East
The oil complex posted heavy losses across the board after yesterday’s EIA report revealed sharp increases in refined product stocks and high refinery utilization rates. Crude prices gave up $1.49 to close at $55.96, its lowest closing price in 3 weeks. Prices gained a mere 13 cents this morning[…]
In August, monthly U.S. imports of crude oil coming into the Midwest (Petroleum Administrative Defense District (PADD) 2) exceeded imports of crude oil into the Gulf Coast (PADD 3) for the first time since the U.S. Energy Information Administration began keeping records in 1981. Although Hurricane[…]
After seeing some small gains during yesterday’s trading session, prices are headed lower across the board. Crude picked up a meager 14 cents yesterday, but gave up those gains and more overnight. Currently, crude prices are trading at $56.84, 78 cents (1.36%) below yesterday’s close.
At the North American Energy Ministerial on November 14, 2017, in Houston, Texas, United States Secretary of Energy Rick Perry, Canada’s Minister of Natural Resources James Gordon Carr, and Mexico’s Secretary of Energy Pedro Joaquin Coldwell launched the North American Cooperation on Energy[…]
Markets reversed their recent gains yesterday, with oil products posting some major losses. Crude oil dropped nearly a dollar yesterday (-1.5%) as markets turn from OPEC to market fundamentals. Crude oil is currently trending fairly flat at $57.42, with early morning losses reversing to just a[…]
Oil prices have been winding higher since September, when Harvey kicked off a strong rise in refinery run rates that buoyed crude demand. Since September, crude prices have risen from below $50 to consistently above $55 in November and December – far above the overall 2017 average price of $55.33[…]
INTRODUCTION: An image post uses a visual element as the centerpiece of your post, such as a SlideShare presentation, infographic, comic, or high-resolution images. Use your introduction to provide a caption for your image(s). Why is it valuable? What’s the point? Image posts don’t require a lot of[…]