Thursday, July 31, 2025
U.S. natgas trading at parity with oil after crude price collapse- oil and gas 360

U.S. natgas trading at parity with oil after crude price collapse

Reuters The rapid collapse of U.S. oil futures this year caused crude’s premium over natural gas to drop to near parity on an energy equivalent basis for the first time since 2008. That could prompt producers to search for more gas in coming months if demand recovers as expected when the economy snaps back after governments loosen travel and work

Saudi Arabia gets physical with Russia in underground oil bout- oil and gas 360

Saudi Arabia gets physical with Russia in underground oil bout

Reuters MOSCOW – Behind a Saudi-Russian truce to stabilise oil markets with a record output cut, market players are seeing the two production heavyweights still trading blows in the physical market. It is here, rather than in the world of futures prices, that a long-standing battle for market share carries on, particularly in Asia, shipping data analysed on Monday by