Conventional Energy

Auto Added by WPeMatico

Goldman Expects Geopolitical Risk Premium to Moderate, Maintains $90/bbl Brent Ceiling

CDN and International News, Conventional Energy, Latest, Oil / By

Goldman Sachs on Tuesday said it expects further moderation in the still-elevated geopolitical risk premium of $5-10 per barrel for crude oil in the coming months, and maintained its range-bound view, with a $90 per barrel ceiling on Brent. Oil prices slipped on Tuesday, a day after touching their lowest levels in more than three …

Goldman Expects Geopolitical Risk Premium to Moderate, Maintains $90/bbl Brent Ceiling Read More »

AI Boom to Fuel Natural Gas Demand in Coming Years, Report Says

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, US News / By

A spike in power usage from artificial intelligence (AI) data centers could significantly boost natural gas demand in the second half of the decade, analysts at investment banker Tudor Pickering Holt & Co said in a report on Tuesday. As much as 8.5 billion cubic feet per day of natural gas could be required additionally …

AI Boom to Fuel Natural Gas Demand in Coming Years, Report Says Read More »

Oil Is Shedding Its Mideast Fear Premium Too Fast

Conventional Energy, Latest, Oil, US News / By

Oil Is Shedding Its Mideast Fear Premium Too Fast Benchmark Brent futures are back below $87 a barrel, but the conflict continues posing risks to supply. Bloomberg Oil markets are relinquishing the Middle East risk premium that nearly propelled prices to $100 a barrel. The shift is a sign of maturity — but also complacency. It still seems incredible that, …

Oil Is Shedding Its Mideast Fear Premium Too Fast Read More »

U.S. Natgas Prices up Over 2% on Rising Feedgas to Freeport LNG

Conventional Energy, Latest, Natural Gas, US News / By

U.S. natural gas futures rose more than 2% on Monday, as an increase in feedgas to the Freeport LNG export plant and a drop in output outweighed lower demand forecasts for next week and a mild weather outlook. Front-month gas futures for May delivery on the New York Mercantile Exchange rose 3.9 cents, or 2.2%, …

U.S. Natgas Prices up Over 2% on Rising Feedgas to Freeport LNG Read More »

Oil Falls Back After Robust EU Data as Mideast Tensions Linger

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Prices down after jumping $1 on strong euro zone PMI data U.S. Senate to take up aid package with Iran oil sanctions Political backdrop fraught with many risks: ANZ April 23 (Reuters) – Oil prices slipped on Tuesday after a short-lived boost from stronger economic data out of Europe as the market weighed the …

Oil Falls Back After Robust EU Data as Mideast Tensions Linger Read More »

Oil Bulls Lack Conviction About Sustainability of Higher Prices

Conventional Energy, Latest, Oil, US News / By

By John Kemp LONDON, April 22 (Reuters) – Investors boosted their exposure to Brent as the conflict between Iran and Israel escalated but there was selling across the rest of the petroleum complex amid doubts about the sustainability of higher prices. Hedge funds and other money managers sold the equivalent of 23 million barrels in the …

Oil Bulls Lack Conviction About Sustainability of Higher Prices Read More »

As Shale Oil Output Slows, One Deepwater Port Struggles for Customers

Conventional Energy, Latest, Oil, Shale / By

HOUSTON, April 22 (Reuters) – As U.S. shale oil boomed last decade, an oil pipeline company pitched an ambitious multi-billion-dollar export port off the Texas coast to ship domestic crude to buyers in Europe and Asia. In April, Enterprise Products Partners’  SPOT became the first project to receive a license from the U.S. maritime regulator for …

As Shale Oil Output Slows, One Deepwater Port Struggles for Customers Read More »

First Tanker in 11 Days Arrives at Troubled Freeport LNG Export Plant

Conventional Energy, Latest, LNG, US News / By

The first liquefied natural gas tanker to dock at Freeport LNG’s gas liquefaction plant in 11 days arrived on Saturday, vessel tracking data from financial firm LSEG showed. Saturday’s arrival of tanker BW Pavilion Leeara signaled a potential restart in coming days of one of the facility three gas-processing trains. Freeport LNG has suffered a …

First Tanker in 11 Days Arrives at Troubled Freeport LNG Export Plant Read More »

Oil Ekes Out Gain After Iran’s Muted Response to Israel Strike

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Brent settles near $87 a barrel after earlier surge above $90 Flurry of options trades signal urge to protect against spikes Oil eked out a meager gain after Iranian media appeared to downplay the effect of Israeli strikes, lowering the geopolitical risk premium for crude. Global benchmark Brent earlier soared more than $3, popping above $90 a …

Oil Ekes Out Gain After Iran’s Muted Response to Israel Strike Read More »

Shell’s Value Gap is More Strategy Than Geography

Conventional Energy, Latest, LNG, Oil, US News / By

(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) By Yawen Chen (Reuters Breakingviews) – It is generally a good thing when a chief executive worries about his company’s share price. The danger is seeking superficial fixes. Ever since Shell CEO Wael Sawan took charge last year, he has made it his …

Shell’s Value Gap is More Strategy Than Geography Read More »

Subscribe
Subscribe