(BOE Report)– U.S. natural gas storage is on track to end the April-October summer injection season at a three-year low of 3.797 trillion cubic feet (tcf) on October 31, 2025, according to analysts’ estimates. That compares with an eight-year high of around 3.938 tcf at the end of the summer injection season in 2024 and a five-year (2020-2024) average of
(World Oil) – (Bloomberg) – The United Arab Emirates’ biggest oil company is seeking to buy its first natural gas producing fields in the U.S. to deepen its presence in the country, according to people familiar with the matter. Abu Dhabi National Oil Co. wants the deals to complement its recent acquisitions of chemical plants and liquefied natural gas export
(Investing) – U.S. natural gas prices fell Friday, as traders digest a weaker-than-expected storage report as warmer spring conditions approach. At 10:25 ET (15:25 GMT), natural gas prices fell 1.6% to $4.232 per million British thermal units, or MMBtu, after earlier this week climbing to its highest levels since December 2022. This bearish tone stemmed from Thursday’s EIA storage report, which showed a
(Oil Price) – U.S. natural gas inventories are higher than average for this time of the year as America has entered the proper winter heating season with stocks at their highest level since 2016, the Energy Information Administration (EIA) said on Monday. Working natural gas in storage in the Lower 48 states ended the natural gas injection season with 3,922 billion cubic feet
BOE Report U.S. natural gas futures climbed about 2% to an eight-week high on Wednesday as oil and gas producers continued to cut output before Hurricane Francine slams into the Louisiana coast later Wednesday. Front-month gas futures for October delivery on the New York Mercantile Exchange rose 4.9 cents, or 2.2%, to $2.281 per million British thermal units (mmBtu) at
BOE Report Portfolio investors sold record volumes of petroleum last week after OPEC⁺ surprised the market by announcing plans to increase production starting from the fourth quarter of 2024. Hedge funds and other money managers sold the equivalent of 194 million barrels in the six most important futures and options contracts over the seven days ending on June 4. Fund
Saudi Aramco Looks for Multi-Billion-Dollar U.S. Gas Acquisitions: CEO From Reuters Saudi Aramco, the world’s top oil producer, is looking to acquire natural gas assets in the United States and is willing to spend “billions of dollars” there as it aims to become a global gas player, the company’s CEO said on Tuesday. Amin Nasser told Reuters in an interview
From LNG World Shipping State of the art LNG carrier will export natural gas from Freeport LNG – 800,000 tonnes per year starting in 2019 South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has completed its first LNG carrier equipped with a full reliquefication system. The ship in question is the 180,000 m3 LNG Schneeweisschen, the first LNGC built by
Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox.
Market Data ©2020–2024 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.
