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- Written by TradersCom
- Category: Energy
EIA reported the first draw in six weeks, after API had reported another build earlier. Crude oil inventories fell, -1699k bbls the government agency said. Gasoline and Distillate both drew ast week. Cushing grew again with +1506k bbls. US production stayed at the record high with 12.60 mbpd.
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- Written by TradersCom
- Category: Energy
Natural gas futures ran up ahead of the EIA report of a build of +87 Bcf in natural gas storage last week. Ahead we focus on LNG and Mexican exports and the winter outlook for the US.
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- Written by TradersCom
- Category: Energy
Volatility increases in energy futures prices during weather events as demand and supply is affected. For natural gas and oil the Gulf of Mexico area is one of key regions for both onshore and offshore for energy resources and infrastructure.
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- Written by ClemSnide
- Category: Energy
The global anti-money laundering watchdog Financial Action Task Force (FATF) has given Iran a final deadline of February 2020 to comply with stricter money laundering financial standards.
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- Written by TradersCom
- Category: Energy
EIA reported for the fifth week in a row that crude oil inventories grew, +9281k bbls with Gasoline and Distillate draws last week. Cushing grew +1276k bbls. US production stayed at the record high with 12.60 mbpd.
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- Written by TradersCom
- Category: Energy
Natural gas futures ran up ahead of the EIA report of a higher than expected build of +104 Bcf in natural gas storage last week. Ahead we focus on LNG and Mexican exports and the winter outlook for the US.
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- Written by ClemSnide
- Category: Energy
Murray Energy Corporation, America's largest underground coalminer is battling to stave off bankruptcy, Yesterday it extended forbearance agreements with its lenders and elected not to make interest payments to noteholders,
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- Written by TradersCom
- Category: Energy
Natural gas futures languished after EIA reported a higher than expected build of +112 Bcf in natural gas storage last week. Ahead we focus on LNG and Mexican exports and the winter outlook for the US.
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- Written by TradersCom
- Category: Energy
The OPEC Monthly Oil Market Report (MOMR) for October released Thursday provides OPEC's outlook for crude oil market developments for the coming year with key developments impacting oil market trends in world oil demand and supply.
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- Written by TradersCom
- Category: Energy
EIA reported for the fourth week in a row that crude oil inventories grew, +2927k bbls with Gasoline and Distillate draws last week. Cushing grew +940k bbls. US production new record high with 12.60 mbpd.
