Tuesday, January 14, 2025
Jamie Dimon says oil and gas is the only way to protect America- oil and gas 360

Jamie Dimon says oil and gas is the only way to protect America

Oil Price Three days after Jamie Dimon sparked a marketwide selloff which sent stocks to fresh 2022 lows after he predicted a US recession in “6 to 9” months, citing drivers including rising interest rates, persistent inflation and Russia’s invasion of Ukraine, and warned stocks could drop another 20%, the JPMorgan CEO who is expected to report earnings tomorrow (and hopefully clarify

Shale oil output threatens to peak in 2024, Energy Aspects says- oil and gas 360

Shale oil output threatens to peak in 2024, Energy Aspects says

World Oil (Bloomberg) — Don’t expect U.S. shale producers to ride to the rescue as the world clamors for more oil, according to Energy Aspects.   Oil output from shale basins is at risk of peaking in just two years as drillers combat rising costs, analysts including Amrita Sen wrote in a note to clients dated Tuesday. Rampant inflation is

ANALYSIS-Global natural gas crisis dampens momentum for 'cleaner' LNG- oil and gas 360

Russia suggests a price cap on U.S. LNG

Oil Price The U.S. should set a price cap on U.S. LNG going to Europe, as American gas is being delivered to Europe at prices four times higher than the price for domestic consumption, Russian Deputy Prime Minister Alexander Novak said in an interview with Russian state television. “We would advise our US partners to set a certain cap price for the

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count had an increase of 7 this week, at 769

Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had an increase of 7 over last week, resulting in a total count of 769 rigs. Canada had a decrease of 1 over last week, resulting in a total Canadian count of 216 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Ardmore Woodford,