Natural Gas Inventories as of December 25, 2020 The EIA has released its natural gas inventory report, showing a net decrease of 114 Bcf as of December 25, 2020. Working gas in storage was 3,460 Bcf as of Friday, December 25, 2020, according to EIA estimates. This represents a net decrease of 114 Bcf from the previous week. Stocks were
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CALGARY, Alberta, Dec. 31, 2020 (GLOBE NEWSWIRE) — News Release – TC Energy Corpora…
Dallas, Texas–(Newsfile Corp. – December 31, 2020) – Alternet Systems, Inc. (OTC Pink: ALYI…
Reuters Energy, Wall Street’s worst performing industry in 2020, could see its fortunes improve in the new year after its price action surfaced a technical buy signal on the charts on Wednesday. The bullish development in S&P 500 energy sector is called a “golden cross,” which is conventionally defined by technical analysts as the 50-day moving price average rising above
Toronto, Ontario–(Newsfile Corp. – December 31, 2020) – KWG Resources Inc. (CSE: KWG) (CSE:…
Reuters SINGAPORE – Global commodity markets are poised to end 2020 on a strong note, with recovering demand and widespread stimulus packages buoying prices after a roller coaster ride caused by the global coronavirus pandemic. Roll-outs of vaccines to combat the virus and trillions of dollars’ worth of fiscal support are expected to boost investment and spending in 2021. “It’s
Reuters Oil prices are unlikely to mount much of a recovery in 2021 as a new coronavirus variant and related travel restrictions threaten already weakened fuel demand, a Reuters poll showed on Thursday. The poll of 39 economists and analysts conducted in the second half of December forecast Brent crude prices would average $50.67 per barrel next year. That is
Georgia Power prepared for possible severe weather Friday Company highlights im…
Reuters HOUSTON -Exxon Mobil Corp signaled in a regulatory filing that higher oil and gas prices and improved chemicals margins would aid fourth quarter results, but the gains would be overshadowed by an up to $20 billion asset writedown. The largest U.S. oil producer has posted losses in the first three quarters of 2020 on an ill-timed spending increase that
Reuters NEW YORK -Global crude prices slipped on Thursday and lost more than a fifth of their value in volatile trade in 2020, as lockdowns to combat the novel coronavirus depressed economic activity and slammed fuel demand. Still, Brent and U.S. crude benchmarks have more than doubled from April’s decade lows. The start of coronavirus vaccinations bolstered demand in the
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