Forecasts

Auto Added by WPeMatico

Goldman Sachs Sees China’s Natgas Destocking Boosting LNG Imports Ahead of Winter

Conventional Energy, Energy Topics & Technology, Forecasts, Latest, LNG, US News / By

(Reuters) – China’s gas destocking signals stronger LNG imports ahead of winter, reinforcing upside risks to European gas prices, particularly if disruptions to Hormuz energy flows persist, Goldman Sachs said in a note on Thursday. The bank said that China’s April gas demand was marginally down year-over-year at 379 billion cubic meters per year (Bcm/y) …

Goldman Sachs Sees China’s Natgas Destocking Boosting LNG Imports Ahead of Winter Read More »

Oil Prices Climb More Than 3% on Fears of New US-Iran Combat

Conventional Energy, Energy Topics & Technology, Finance, Forecasts, Latest, Oil, US News / By

Brent and WTI set for hefty weekly gains More vessels have been crossing Strait of Hormuz Ship attacks and seizures remain a worry Trump says he is running out of patience with Iran Iran says it is prepared to resume fighting HOUSTON, May 15 (Reuters) – Oil prices gained more than 3% on Friday, ​climbing …

Oil Prices Climb More Than 3% on Fears of New US-Iran Combat Read More »

JP Morgan Sees Brent Staying in Low $100s Even if Hormuz Reopens in June

CDN and International News, Conventional Energy, Energy Topics & Technology, Finance, Forecasts, Latest, Oil / By

(Reuters) – JP Morgan expects Brent crude to remain in the low-$100s for much of 2026, even if the Strait of Hormuz reopens in June, as accelerating inventory draws and logistical bottlenecks keep the oil market tight, the bank said in a note. JP Morgan’s revised framework assumes that the pace of oil inventory depletion …

JP Morgan Sees Brent Staying in Low $100s Even if Hormuz Reopens in June Read More »

US Natgas Futures Rise 3% as Output Falls and Waha Prices Stay Negative

Conventional Energy, Energy Topics & Technology, Finance, Forecasts, Latest, LNG, Natural Gas, US News / By

(Reuters) – U.S. natural gas futures climbed about 3% to a one-week high on a decline in output in recent weeks. That price increase came despite forecasts for less demand next week than previously expected and ample amounts of gas in storage. Front-month gas futures for June delivery on the New York Mercantile Exchange rose …

US Natgas Futures Rise 3% as Output Falls and Waha Prices Stay Negative Read More »

Diamondback Bets on Wider WTI-Brent Gap Amid US Export Ban Concerns

Conventional Energy, Exploration & Production, Forecasts, Latest, Oil, US News / By

(Reuters) – U.S. producer Diamondback Energy bought options to sell the price difference between U.S. West Texas Intermediate crude and globally traded Brent crude at around minus $42 a barrel in coming months, according to the company’s quarterly filing, a bet that could pay off if the United States banned oil exports. The unusual hedge …

Diamondback Bets on Wider WTI-Brent Gap Amid US Export Ban Concerns Read More »

SUSPICIOUS TRADING: Oil-Price Bets Ahead of Iran War News Totalled $7 Billion, Reporting Shows

CDN and International News, Conventional Energy, Energy Topics & Technology, Finance, Forecasts, Latest, Oil / By

(Reuters) – A series of well-timed market bets on falling oil prices totalling as much as $7 billion during March and April spread across multiple exchanges and types of fuel and derivatives just before major Iranian policy announcements by U.S. President Donald Trump, according to traders, market experts and Reuters analysis of exchange data. The …

SUSPICIOUS TRADING: Oil-Price Bets Ahead of Iran War News Totalled $7 Billion, Reporting Shows Read More »

Energy Markets Headed Into ‘Troubled Waters’ Amid Iran War, Head of IEA Says

CDN and International News, Conventional Energy, Energy Topics & Technology, Forecasts, Latest, LNG, Natural Gas, Oil / By

By Wa Lone and Shariq Khan TORONTO, May 7 (Reuters) – Global energy markets are headed into ‘troubled waters’ ​as the Iran war continues to knock out ‌millions of barrels of oil each day, Fatih Birol, head of the International Energy Agency, said on Thursday at a conference in Toronto. His ​comments come as Brent …

Energy Markets Headed Into ‘Troubled Waters’ Amid Iran War, Head of IEA Says Read More »

Oil Prices Settle 1% Lower in Volatile Trading After US Mulls Resuming Strait of Hormuz Military Escorts

Conventional Energy, Energy Topics & Technology, Finance, Forecasts, Latest, Oil / By

By Siddharth Cavale US considers restarting escorts for commercial vessels through Strait of Hormuz, WSJ says Analysts warn prices could rebound if conflict escalates again Iran’s oil production likely down by around 400,000 bpd – US energy secretary Chris Wright Brent, WTI futures turn positive in extended trading after Iran reports explosions NEW YORK, May …

Oil Prices Settle 1% Lower in Volatile Trading After US Mulls Resuming Strait of Hormuz Military Escorts Read More »

Oil-Price Bets Ahead of Iran War News Totalled $7 Billion, Reporting Shows

CDN and International News, Conventional Energy, Energy Topics & Technology, Finance, Forecasts, Latest, Oil / By

(Reuters) – A series of well-timed market bets on falling oil prices totalling as much as $7 billion during March and April spread across multiple exchanges and types of fuel and derivatives just before major Iranian policy announcements by U.S. President Donald Trump, according to traders, market experts and Reuters analysis of exchange data. The …

Oil-Price Bets Ahead of Iran War News Totalled $7 Billion, Reporting Shows Read More »

Goldman Says Global Oil Stocks Approaching Eight-Year Low, Depletion Speed a Concern

CDN and International News, Conventional Energy, Energy Topics & Technology, Forecasts, Latest, Oil / By

May 4 (Reuters) – Global oil stocks are approaching their lowest level in eight years, Goldman Sachs ​said on Monday, warning that the speed ‌of depletion was becoming a concern as supplies through the Strait of Hormuz remained restricted. Oil prices jumped ​about 6% on Monday after Iran ​hit several ships in the Strait of …

Goldman Says Global Oil Stocks Approaching Eight-Year Low, Depletion Speed a Concern Read More »

Subscribe
Subscribe