Saturday, September 27, 2025

China’s natural gas push is too successful, creates price dilemma

From Reuters China’s push to use more natural gas over winter in a bid to cut air pollution is running into the harsh realities of rising prices and limited supplies of the cleaner fuel. In a signal of what may become more government intervention in the natural gas market, China’s state planner ordered eight regions to meet with natural gas

Weekly Oil Storage: Gasoline Build Outweighs Crude Draw

The EIA released its weekly Petroleum Status Report today, outlining how national oil and refined product stocks have changed in the last week. Crude oil stocks fell by 5,610 MBBL last week to 453,713 MBBL, from 453,713 MBBL. This is 8% below the 485,756 MBBL that was in storage at this point last year, and is 13% above the five-year