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May 28, 2020

Nord Stream 2- oil and gas 360

U.S. senators weigh additional sanctions on Russia’s Nord Stream 2

May 28, 2020

Reuters WASHINGTON/FRANKFURT/MOSCOW – Two U.S. senators are considering drafting further sanctions on Russia’s Nord Stream 2 natural gas pipeline if Moscow goes ahead and finishes laying pipes, in another blow to a project which has already faced delays. U.S. sanctions legislation originally sponsored by Senators Ted Cruz, a Republican, and Jeanne Shaheen, a Democrat, in December halted work by Swiss-Dutch

OPEC, Russia bargain over oil cuts ahead of June meeting- oil and gas 360

OPEC, Russia bargain over oil cuts ahead of June meeting

May 28, 2020

Reuters LONDON/MOSCOW/DUBAI – Saudi Arabia and some other OPEC oil producers are considering extending record high output cuts until the end of 2020 but have yet to win support from Russia, according to OPEC+ and Russian industry sources. The Organization of the Petroleum Exporting Countries and other producers led by Russia, a group known as OPEC+, agreed last month to

U.S. crude oil inventories decrease by 2.0 million barrels- oil and gas 360

U.S. crude oil inventories increase by 7.9 million barrels

May 28, 2020

Weekly Crude Oil Storage as of May 22, 2020   U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 7.9 million barrels from the previous week. At 534.4 million barrels, U.S. crude oil inventories are about 13% above the five year average for this time of year, according to the EIA crude oil and petroleum

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

Weekly Gas Storage: Inventories increase 109 Bcf

May 28, 2020

Natural Gas Inventories as of May 22, 2020 The EIA has released its natural gas inventory report, showing a net increase of 109 Bcf as of May 22, 2020. Working gas in storage was 2,612 Bcf as of Friday, May 22, 2020, according to EIA estimates. This represents a net increase of 109 Bcf from the previous week. Stocks were

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