Natural gas prices are starting to look exciting to bulls. That’s what Phil Flynn, a senior market analyst at the PRICE Futures Group, told Rigzone in an exclusive interview on Tuesday when asked why the U.S. natural gas price is rising today…. Read More
U.S. crude oil and natural gas output set records in December, and oil demand touched multi-month highs, the U.S. Energy Information Administration said in its Petroleum Supply Monthly report on Friday… Read More
As we close out 2024, the oil and gas market trends have highlighted significant shifts shaping the year. From changing oil prices to new production records and global events, it has been an eventful year for investors to learn from and build on… Read More
U.S. crude and natural gas production reached all-time record highs last year, putting President Joe Biden in a tricky political spot as the 2024 presidential campaign heats up and casting doubt on the industry’s ability to cut emissions… Read More
The United States is poised to extract more oil and gas than ever before in 2023, a year that is certain to be the hottest ever recorded, providing a daunting backdrop to crucial United Nations climate talks that hold the hope of an agreement to end the era of fossil fuels… Read More
The U.S. oil industry hit a legal roadblock in January when a judge struck down a $192 million oil and natural gas lease sale in the Gulf of Mexico over future global warming emissions from burning the fuels… Read More
In its January 2021 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts that annual U.S. crude oil production will average 11.1 million b/d in 2021, down 0.2 million b/d from 2020 as result of a decline in drilling activity related to low oil prices… Read More
2020 is on its way to experiencing the largest recorded demand shock in the history of global natural gas markets. Read More
Natural gas prices spiked on Monday as the market gained confidence that the severe cold gripping the United States will persist longer than previously thought…Read more
The boom in U.S. oil and natural gas production will make the U.S. a net energy exporter in 2020 …Read more
