Gas
The oil and gas industry is not going to recover anytime soon
With prices and demand falling and a global pandemic, as well as regulatory uncertainty and asset depreciation, improvements in the industry are unlikely until at least mid-2021, said Ben Brunnen, vice president of tax and economic policy for the Canadian …
Natural Gas prices soar after Texas heatwave
Natural gas prices soared nearly 9% on Friday, although the weekly storage report showed little movement. Natural gas prices rose to $ 2,367 at 2:26 p.m. EDT, an increase of 8.48% or $ 0.185, although the EIA's weekly storage report a day earlier showed a …
Crudo Oil Supply in the USA shrinks by 4.4m barrels
The American Petroleum Institute reported that 4.4 million barrels of oil were withdrawn in the week ended Aug. 7. The gasoline inventory reportedly yielded 1.31 million barrels, the distillate inventory yielded 2.95 million barrels, and the Cushing inventory …