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Kuwait Announces Massive Offshore Oil and Gas Discovery

Kuwait Announces Massive Offshore Oil and Gas Discovery

Kuwait's offshore oil discovery in…

Oil and Gas Are Here To Stay

Oil and Gas Are Here To Stay

Despite the global push for…

Energy / Gas Prices

Refining Margins Squeezed as Tepid Demand Casts Shadow Over U.S. Gasoline Market

Jun 17, 2024 at 07:11 | Tsvetana Paraskova

Surging U.S. gasoline production and tepid demand early into the driving season have boosted American gasoline stocks in recent weeks, weighing on refining margins and oil market sentiment. Weaker gasoline…

Europe’s Gas Supply Risks Remain Despite Record Storage Levels

Jun 13, 2024 at 10:49 | Tsvetana Paraskova

Europe’s natural gas prices have jumped by 40% over the past three months despite the EU exiting the winter heating season with a record-high level of gas still in storage.…

U.S. Gasoline Prices Continue to Drop

May 31, 2024 at 10:18 | Michael Kern

U.S. gasoline prices continue to head lower after the Memorial Day weekend amid lower oil prices and tepid demand.  The national average for a gallon of regular gasoline has fallen…

Gasoline Demand Continues To Grow Despite EV Boom

May 08, 2024 at 09:46 | Haley Zaremba

Increased adoption of electric vehicles in the United States and China is expected to put a major dent in gasoline demand growth this year. In one of the most telling…

U.S. Drivers Feeling the Pinch at the Pump as Gas Prices Soar

Apr 05, 2024 at 09:00 | ZeroHedge

Rising seasonal demand and higher crude oil prices have resulted in the highest average U.S. gasoline prices in nearly six months, with the national average gas price hitting…

Bullish Bets on Gasoline Reach Four-Year High

Apr 02, 2024 at 09:28 | ZeroHedge

The latest surge in gasoline prices at the pump, something we detailed last week (read: here), could begin to impact the Biden administration's…

Natural Gas Producers Are Ready To Pounce When Prices Rebound

Mar 31, 2024 at 11:16 | Tsvetana Paraskova

U.S. natural gas producers are slashing production in response to multi-year low prices. But they are also looking beyond the current slump, preparing to turn on more output by flexible…

Natural Gas Prices Could Spike As EU Prepares to Slash More Russian Gas

Mar 05, 2024 at 08:29 | Alex Kimani

Back in 2019, Russia and Ukraine inked a five-year pipeline transit agreement to supply natural gas to EU countries. Both countries have continued to honor the deal despite two years…

Natural Gas Futures Market’s Wild Swings Set To Continue

Feb 29, 2024 at 13:24 | Tsvetana Paraskova

Despite the currently low U.S. natural gas prices and the huge shale gas resources, the futures market has seen wild swings in recent months. Record 2023 gas production and one…

Diesel Prices Set to Surge in 2024

Feb 09, 2024 at 09:47 | ZeroHedge

By John Kemp, senior market analyst Global stocks of diesel and other middle distillates are below normal and prices could start to rise quickly if the industrial economies of North…

U.S. Gasoline Prices Slide, Defying Crude Oil Rise

Jan 05, 2024 at 10:57 | Julianne Geiger

Retail gasoline prices in the United States continued to fall on Friday, landing at $3.088 per gallon, according to the latest AAA data. 

My Top Energy Stock Pick for 2024

Jan 05, 2024 at 03:48 | Editorial Dept

Before I started my holiday season vacation a couple of weeks ago, I wrote a couple of pieces looking forward to 2024. Those pieces focused on oil, which is only…

Gasoline Prices Surge in Uzbekistan as Tax Break Ends

Jan 04, 2024 at 07:34 | Eurasianet

The price of Uzbekistan's most sought-after automobile gasoline, AI-80, has significantly risen since January 1 after the temporary suspension of excises on the fuel was allowed to expire.…

Red Sea Attacks Could Spark Spike in Gasoline Prices

Dec 20, 2023 at 08:06 | City A.M

Oil prices have spiked and could remain elevated as companies try and find alternative cargo routes following vessel attacks in the Red Sea.…

Europe Has To Live With Unpredictable Natural Gas Prices

Nov 23, 2023 at 08:43 | Tsvetana Paraskova

European natural gas markets and governments are much calmer at the beginning of this winter heating season compared to last year, thanks to full gas storage sites and steady flows…

Argentina's Energy Crisis Escalates As Fuel Prices Skyrocket

Nov 03, 2023 at 08:33 | ZeroHedge

In a world where some commentators speculate that there is a glut of energy and distillate products as a result of high oil prices, sliding China demand and…

Are Rising Gas Prices Driving The Fed Toward More Rate Hikes?

Oct 12, 2023 at 13:05 | Charles Kennedy

Higher gasoline prices pushed U.S. producer prices up in September, fueling worry that there is still a long way to go before inflation is tamed. Indeed, with the current degree…

Inflation Concerns Grow As U.S. Diesel Market Tightens

Oct 06, 2023 at 18:15 | Tsvetana Paraskova

Low distillate inventories in the United States have tightened the diesel market during the harvest season and ahead of the winter heating season. Diesel and heating oil supply could become…

Anticipating A Rise In Natural Gas

Sep 22, 2023 at 12:25 | Editorial Dept

Probably the most important thing that any trader can do is to keep an open mind. Preconceptions can be dangerous to your wealth. Making an objective analysis of the prospects…

Electric Dream On Pause? UK's Fuel Car Ban Faces Delay

Sep 20, 2023 at 09:02 | City A.M

Leading car manufacturers have urged the government to give clarity on its proposed row back on banning petrol and diesel cars, saying they’ve invested hundreds of millions to…

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