Monday, March 10, 2025
Differential Price Recovery- How Regional Forces Are Bringing Benchmark Prices Back Towards Equilibrium - oilandgas360

Differential Price Recovery: How Regional Forces Are Bringing Benchmark Prices Back Towards Equilibrium

RarePetro Oil & Gas Publishers Note: Another great industry insight article from Kevin Olson at RarePetro.  Abstract Financial markets attempted to buoy benchmark prices as oil and gas markets became volatile in Q1 2020. This created a disconnect in the price spreads between the NYMEX WTI futures benchmark and regional spot prices. The disconnect continued to grow at the beginning

Goldman traders gain $1 billion in commodities revenue after oil slump- oil and gas 360

Goldman traders gain $1 billion in commodities revenue after oil slump

Reuters Goldman Sachs Group Inc (GS.N) commodities unit generated more than $1 billion in revenue this year through May as traders positioned their bets for the collapse in oil prices, a source familiar with the group’s finances said on Wednesday. The gains were largely driven by oil trading, the source said, though other commodities, including natural gas, power and precious