In the evolving landscape of global energy, the move towards net-zero emissions is becoming increasingly central to corporate strategies, particularly in the...
The recent sale of the U.S. Federal Helium Reserve, a crucial source of the country’s helium supply, has sparked significant concern in...
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The withdrawal follows the two largest in recent years: 359 Bcf in January 2018 and 338 Bcf in February 2021, the week...
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The energy sector is moving higher this morning, supported by strength in the crude complex and in the major equity futures. Wall Street futures inched higher as investors assessed Federal Reserve Chair Jerome Powell's hawkish commentary and looked forward to key economic data next week for more cues on the monetary policy path.
WTI and Brent crude oil futures are trading higher for the second-consecutive session due to comments made by the US Fed Chair on more interest rate hikes and on Israel's ongoing attacks on Gaza, fueling supply fears. However, weakening China's Price Index, which fell 2.7 percent yearly and 0.2 percent monthly in October, and the rise in US crude oil stockpiles by an estimated 11.9 million barrels limited price upswings. Meanwhile, OPEC+ is set to meet on Nov. 26 to establish production policy, and the focus will be on whether Saudi Arabia extends a 1 million barrel-per-day voluntary cut set to expire at the end of this year.
Natural gas futures slid for the fifth-straight day on record output and forecasts for mild weather through late November that should limit heating demand and allow utilities to keep injecting gas into storage for a couple more weeks.
It sounds like something out of a Netflix crime drama, but this one’s all...
In a stark reminder of the volatile energy landscape and the relentless drive for...
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CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter...
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by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
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Source: EIA | Higher oil prices, increased drilling efficiency, and structurally lower debt needs...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
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