Good day! March madness is already underway, despite it being Non-Nonfarm Friday (no jobs data ’til next week). A fearful start to the month adds a cherry to the top of crude’s bearish week, as mixed economic data sends prices spiraling lower. Meanwhile, natural gas is sticking to the mid-three dollar mark like glue, as the prospect of the end of winter mitigates the impact of it still feeling like it. Pinch, punch, first snacks of the month: » read more
Posts Tagged ‘LNG exports’
Happy Friday! This week has seen crude oil supported as it focuses on the positives – decent data out of China and improving sentiment in broader markets due to earnings season, while supply-side concerns are forgotten for now (hark, domestic production at a 20-yr high). As for natural gas, we have seen a swift return to mid-three dollardom due to colder conditions and a storage withdrawal bullishly beyond the realms of any analyst expectation. Enough for now, y’all let’s chow: » read more
As we charge into December, we see oil and natural gas prices distinctly lacking in the holiday spirit and looking downbeat, as fiscal cliff and Euro woes combine with a lack of wintry weather to spur on sell-offs in the respective commodities. That said, a turnaround in any of these elements could propel either commodity higher, as both seem supported near current levels. Enough fluff, let’s hit up the good stuff: » read more
Howdy, and welcome to another download of uplifting tales, from the energy to the odd! This week has seen the spotlight of the oil market swing away from the Euro debt crisis and onto geopolitical tension, as rising unrest betwixt Syria and Turkey is cranking up supply fears in the region, leaving oil prices to scramble higher.
As for natty, we have seen prices reach a high for the year as both storage surpluses and temperatures dwindle lower, while heating demand is ushered higher. Snacks ahoy: » read more
Last week’s print edition of The Economist had a special feature which ran the gamut across the world of natural gas. Seven articles covered wide-ranging topics, from LNG to fracking to the various regional natural gas markets.
While I highly recommend taking a look at these articles, I appreciate it takes a while to get through them (plus there is a paywall limiting access to only 5 articles a week). So to help you wonderful folks out, I have done the hard work and have extracted some of the key points from these seven pieces, and put them into a bite-size format. I hope you enjoy!