energy markets Archives - Page 2 of 2

Oil prices ‘could make a run at $80’ if US-Iran conflict intensifies, analysts say

January 3, 2020

CNBC Oil prices could surge toward $80 a barrel if escalating geopolitical tensions disrupt Middle East crude supplies, analysts told CNBC on Friday, with energy market participants “on tenterhooks” after a U.S. airstrike killed key Iranian and Iraqi military personnel. International benchmark Brent crude traded at $68.65 Friday morning, up more than 3.6%, having earlier spiked to an intraday high of

Alaska Is the Biggest Bet Yet for Texas’s Anti-Shale Oil Billionaire

August 28, 2019

From Bloomberg Hildebrand gained fortune buying old, conventional oil assets, bet may be timely as investors begin to sour on shale Texas oilman Jeffery Hildebrand became a billionaire by shunning the shale revolution taking place in his home state. Now, he’s making his biggest bet yet — Alaska — just as shale producers run out of steam. Hildebrand’s Hilcorp Energy

Russia May Be Testing U.S. Gas Nerve with Europe Push: Citi

Japan LNG Buyers Talk Tough as Spot Prices Drop to 3-Year Lows

August 7, 2019

From Reuters An inexorable decline in spot market prices for liquefied natural gas (LNG) is pushing utilities in Japan to be more aggressive in price reviews built into traditional long-term contracts linked to oil prices, lawyers and analysts said. The utilities are also looking to buy more LNG on the spot market, where prices LNG-AS are plumbing three-year lows and

oil-barrels-and-markets-482px Oil Prices Drop - Oil & Gas 360

U.S. Energy Expenditure Level Lowest Since 2004

August 10, 2017

The EIA reported today that the U.S.’s expenditures for delivered energy totaled $1.127 trillion, or 6.2% of the nation’s GDP, in 2015—the lowest since 2004. The decrease was approximately 20% lower than expenses in 2014, which totaled a little over $1.4 trillion. Decreases in transportation prices Transportation expenditures made up approximately 45% of the $1.127 trillion, or about $507 billion.

energy markets

Oil prices ‘could make a run at $80’ if US-Iran conflict intensifies, analysts say

Alaska Is the Biggest Bet Yet for Texas’s Anti-Shale Oil Billionaire

Japan LNG Buyers Talk Tough as Spot Prices Drop to 3-Year Lows

U.S. Energy Expenditure Level Lowest Since 2004

Premium Content