European Natural Gas Prices Ease on Ample Supply, ANZ Bank Says
European natural gas prices eased as supplies remained sufficient in the region despite slowing injections into storage, ANZ Bank said in a Thursday note. Steady flows from Norway and ample inventorie
U.S. Oil Price Climbs to Highest Since Mid-April on Sharp Draw in Inventories
U.S. Natural Gas Inventory Net Change of +32 Bcf for Week Ended June 28 - EIA
Energy Commodities' H1 Performance Points to Strong Recovery, Commerzbank Says
Energy commodities' prices improved in the first half, with crude oil and natural gas gaining significant ground in the second quarter to offset losses earlier in the year, indicating a strong recover
European Natural Gas Prices Steady as Investors Weigh Demand, Inventories, ANZ Bank Says
European natural gas prices held relatively steady following recent price gains as investors weighed firm demand against available ample inventories, ANZ Bank said in a Wednesday note. European gas st
Crude Oil Tilts Lower as Hurricane Fears Fade, Traders Take Some Profits
Global LNG Prices Gain on Expectations of Stronger Demand Amid Hot Weather, ANZ Bank Says
Global liquefied natural gas prices edged higher as expectations of higher temperatures support gas demand, ANZ Bank said in a Tuesday note. European natural gas storage is at 77% of capacity, exceedi
U.S. Judge Halts Biden Administration Pause on LNG Export Licenses
Crude Oil Tallies Q2 Loss but Natural Gas Scores Best Quarter in Two-and-a-half Years
U.S. Drilling Rigs Drop for Eighth Time in 10 Weeks in Baker Hughes Count
Panama Canal Authority to Loosen Shipping Traffic Restrictions Amid Easing Drought Conditions, EIA Reports
The Panama Canal Authority (APC) recently announced that it will increase the number of daily booking slots for vessels transiting through the canal to 35 in August amid easing drought conditions, the
U.S. and International Natural Gas Prices Mixed From Previous Week, EIA Reports
U.S. natural gas spot price across the country were mixed in the week ended June 26, with the benchmark Henry Hub spot price rising US$0.06 to US$2.45 per million British thermal units (MMBtu) from th
Global Natural Gas Prices Rise on Reemerging Supply Issues, ANZ Bank Says
Global liquefied natural gas prices climbed as supply side issues reemerged, ANZ Bank said in a Friday note. Net gas flows to the Corpus Christi LNG terminal in the U.S. fell sharply on Thursday, acco
U.S. Regulator OK's Venture Global's CP2 LNG Plant Despite Climate Objections
U.S. Natural Gas Inventory Net Change of +52 Bcf for Week Ended June 21 - EIA
U.S. Energy Production Rises 4% in 2023, Exceeds Consumption, EIA Reports
U.S. energy production increased 4% to nearly 103 quadrillion British thermal units (quads) in 2023, hitting a record high and exceeding consumption by 9 quads, the U.S. Energy Information Administra
European Natural Gas Prices Edge Lower as Supply Issues Ease, Demand Expected to Fall, ANZ Bank Says
European natural gas prices declined amid easing supply side issues and as the prospect of weaker demand weighed on sentiment, ANZ Bank said in a Thursday note. Norwegian gas flows continued to improv
Industry Accounts for Third of U.S. Energy Consumption in March, EIA Reports
Industrial sector consumption accounted for a third of U.S. primary energy consumption in March, the U.S. Energy Information Administration reported Tuesday in its Monthly Energy Review. Total energy
U.S. Electric Utilities Report Primary Use of Batteries in Arbitrage, EIA Reports
U.S. electric utilities are increasingly reporting the use of batteries for arbitrage, when utilities charge batteries by buying electricity during low-cost periods and then selling it when electricit
Global Natural Gas Prices Extend Gains as Strong Demand in Asia Seen Tightening Supply, ANZ Bank Says
Global natural gas prices extended gains amid stronger demand in Asia, which raised the prospect of tighter supplies over the northern hemisphere summer, ANZ Bank said in a Wednesday note. The benchma