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Browsing: Market News
Natural Gas and Oil Forecast: Volatility Rises Amid Middle East Risk and U.S. Inventory Build
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By Irina Slav – May 21, 2025, 12:47 AM CDT Crude oil prices have significantly risen due to reports…
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose again, this time by 2.499…
Ukraine is urging the G7 to slash the price cap on Russian oil to $30 per barrel, down from the…
OPEC’s expectations of global oil demand growth “remain generally optimistic,” despite recent headwinds including risks to trade and the global…
U.S. shale production will likely plateau if WTI oil prices remain in the low $60s per barrel, and decline at…
While oil markets have calmed somewhat at the start of this week after a period of intense volatility, developments in…
Saudi Arabia’s goal is long-term oil market stability, while the Kingdom is always ready for multiple oil price scenarios, Saudi…
Australia’s Woodside Energy, the developer of the Louisiana LNG export project, expects global natural gas demand to jump by 50%…
Chinese imports of Russian crude oil slumped to below 2 million barrels per day (bpd) in April, down by 13%,…