Thursday, July 17, 2025
Lonestar announces bolstered hedge positions- oil and gas 360

Lonestar announces bolstered hedge positions

For the balance of 2020 (“Bal ’20”), Lonestar has a total of 7,453 barrels per day of crude oil swapped at an average West Texas Intermediate (“WTI”) price of $57.09 per barrel. For the balance of 2020 (“Bal ’20”), Lonestar has a total of 20,000 MMBTU per day of natural gas swapped at an average Henry Hub (“HH”) price of

Oil falls 6% after Trump surprises with travel ban- oil and gas 360

Oil falls 6% after Trump surprises with travel ban

Reuters LONDON – Oil prices fell more than 6% on Thursday after U.S. President Donald Trump unexpectedly announced restrictions on travel from Europe in an attempt to halt the spread of coronavirus after the World Health Organization described the outbreak as a pandemic. The slump in oil is being compounded by the threat of a flood of cheap supply after

Weekly Gas Storage: Inventories increase by 76 Bcf- oil and gas 360

Weekly Gas Storage: Inventories decrease by 48 Bcf

Natural Gas Inventories as of March 6, 2020 The EIA has released its natural gas inventory report, showing a net decrease of 48 Bcf as of March 6, 2020. Working gas in storage was 2,043 Bcf as of Friday, March 6, 2020, according to EIA estimates. This represents a net decrease of 48 Bcf from the previous week. Stocks were