Friday, June 13, 2025
U.S. natural gas on track for 8th week of losses on record output- oil and gas 360- oil and gas 360

U.S. natural gas on track for 8th week of losses on record output

BOE Report U.S. natural gas futures slid about 2% on Friday as record output and reduced liquefied natural gas (LNG) exports allowed utilities to inject much bigger than normal amounts of gas into storage for the winter over the past month. That puts the contract on track to decline for an eighth week in a row for the first time

Europe is still quietly importing Russian nuclear energy- oil and gas 360

Europe is still quietly importing Russian nuclear energy

CNBC Russia’s nuclear fuel industry remains conspicuously untouched by European sanctions more than seven months into the Kremlin’s war in Ukraine — much to the dismay of Kyiv officials and environmental campaigners. Despite eight rounds of sanctions, targeted measures against energy exports and calls from Ukraine to impose a full embargo on nuclear trade, shipments of nuclear fuel to EU

Oil prices fall on recession worries, but supply cuts support- oil and gas 360

Oil prices fall on recession worries, but supply cuts support

Nasdaq RIYADH – Neither side is backing down in a battle of wills over oil between Saudi Arabia’s Crown Prince and U.S. President Joe Biden, putting severe strain on their countries’ energy-for-security alliance, although a full rupture looks unlikely, Gulf sources and experts said.   As de facto leader of the OPEC+ oil group, Saudi Arabia risked U.S. wrath when