News

May

18

Oil Jumps 11% On Signs Of Demand Recovery

U.S. benchmark oil prices surged by 11 percent early on Monday to a two-month high of over $32 a barrel amid signs of demand recovery and accelerated production cuts from all oil producers, making a repeat of last month’s negative WTI Crude prices a day before expiry increasingly unlikely.


Apr

08

Higher Natural Gas Prices Could Lead Recovery of U.S. Energy Industry

Analysts and energy executives are increasingly looking to natural gas markets as a first source of relief for U.S. producers.


Mar

29

Natural Gas Prices Could Double Next Year

Unprofitable drilling, a global recession and dwindling access to capital could lead to a decline in U.S. natural gas production this year and next. The declines could finally set the stage for an increase in prices in 2021, according to two reports.


Jan

16

Oil Advances on Optimism Sparked by Historic U.S.-China Truce

Oil rose to the most in more than a week as the preliminary trade truce between the U.S. and China fanned optimism about economic growth.


Dec

13

Oil Reaches Three-Month High Above $60 on US-China Trade Pact

Oil rose above $60 a barrel for the first time in almost three months after the U.S. and China agreed on the text of a partial trade deal, giving a boost to the fragile outlook for global oil demand.


Sep

30

Oil Will Hit Levels “We Haven’t Seen In Our Lifetimes” If Iran Isn’t Stopped

Saudi Arabia’s Crown Prince Mohammed bin Salman has warned of astronomical oil prices in the event that tensions escalate in the Persian Gulf, two weeks after his country was hit by a drone and cruise missile attack that Riyadh and Washington have blamed on Iran.


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