Brent crude oil was steady above $86 on Wednesday morning as investors awaited the results of the Federal Reserve’s two day policy meeting. The commodity traded at $86.47 at 7:45 GMT with the bank set …
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Brent Makes Modest Gains, Fed Outcome Awaited
Lower crude oil prices are positive for everyone, especially four sectors, Bespoke Investment Group’s Paul Hickey says.
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4 sectors to buy on crude oil’s slide: Pro
The U.S. natural gas rig count was up by four rigs, from 328 to 332, during the week ended October 24.
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Why last week’s natural gas rig count gives producers hope
Coal-fired power plants require a continuous coal supply to produce electricity. To avoid disruptions in power production, power producers need to stock coal.
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Why coal stocked with utilities is important
Despite the warmer weather forecasts, According to the EIA’s “Short-Term Energy Outlook” report, residential gas prices will be 6% higher than last winter’s prices.
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Identifying natural gas price drivers for the next few months
ANKARA, Turkey (AP) — Underground waters flooded a section of a coal mine in southern Turkey on Tuesday, trapping at least 18 workers, officials and reports said — an event likely to raise even more concerns about the nation's poor workplace safety standards.
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18 miners trapped in coal mine accident in Turkey
Gasoline prices have dropped below $3 a gallon at most U.S. gas stations, delivering a welcome lift to American consumers and retailers heading into the holidays. But the related oil-price drop has a thorny …
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Gas at $3 carries rewards—and risks
Natural gas prices started the week by falling ~2.4% to $3.67 MMBtu (million British thermal units) on Monday. This was the lowest close in 11 months.
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Key insight: Why natural gas prices remain bearish
On October 23, the U.S. Energy Information Administration (or EIA) reported a 94 billion cubic feet (or bcf) natural gas inventory build for the week ending October 17.
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Analyzing the EIA’s natural gas inventory report and forecast
The U.S. Energy Information Administration (or EIA) reports natural gas inventory figures every week. Natural gas is an important fuel worldwide. Its uses span from power generation to plastics.
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Natural gas inventories: Crucial data for energy investors
TALLINN, Estonia (AP) — A giant floating natural gas terminal arrived Monday in the Lithuanian port of Klaipeda as the Baltic country tries to further reduce its reliance on energy supplies from Russia.
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Floating gas terminal anchored in Lithuania
The outcome of the elections in Brazil are tamping down commodity prices in a serious way.
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Brazil Elections a Mixed Bag for Commodities
KABUL, Afghanistan (AP) — The new Afghan president travels to China this week, signaling the pivotal role he hopes Beijing will play in Afghanistan's future, not only in the economic reconstruction of the war-ravaged country after U.S. and allied combat troops leave by the end of the year but also in a strategic foreign policy aimed at building peace across a region long riven by mistrust and violence.
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New Afghan president to head to China
U.S. crude oil refinery inputs averaged 15.2 million barrels per day during the week ending October 17. Input levels were 113,000 bpd less than the previous week’s average.
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Why peak refinery maintenance season affects crude inventory
Steel Dynamics’ metals recycling and ferrous resources segment has be struggling. The segment generated operating losses of $ 0.8 million in the 3Q.
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Must-know: Steel Dynamics’ metals recycling segment’s 3Q results
Over the past decade or so, companies have invested heavily in exploration for shale gas, or natural gas trapped in rock formations. This has led to a boom in natural gas production in the U.S.
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Westmoreland Coal Company is somewhat protected from the shale boom
Over the past decade or so, companies have invested heavily in exploration for shale gas, or natural gas trapped in rock formations. This has led to a boom in natural gas production in the U.S.
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Westmoreland Coal Company is somewhat protected from the shale boom
Crude inventories increased by 7.1 MMbbls, continuing their trend from last week and significantly dwarfing analysts’ expectations.
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Why crude inventories show the same trends as the last 2 weeks
Crude inventories increased by 7.1 MMbbls, continuing their trend from last week and significantly dwarfing analysts’ expectations.
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Why crude inventories show the same trends as the last 2 weeks
CARACAS, Venezuela (AP) — The falling oil prices that are providing relief to drivers around the world threaten to bring more misery to the life of Milagro Alvarez and millions of other Venezuelans, whose country depends almost exclusively on oil revenue.
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Venezuelans brace for slump in oil prices
