Thursday, January 30, 2025

Dow closes up 550 points

Stocks on Wall Street rose sharply on Monday as key earnings reports eased some of investor…

OPEC+ cuts attract funds back to oil market: Kemp- oil and gas 360

OPEC+ cuts attract funds back to oil market: Kemp

Nasdaq LONDON – Portfolio investors continued heavy buying of crude oil futures and options for a second week after OPEC+ cut its production target more than expected.   Hedge funds and other money managers purchased the equivalent of 47 million barrels of petroleum-related futures and options in the week to Oct. 11. Purchases came after OPEC+ announced on Oct. 5

Dozens of LNG-laden ships queue off Europe's coasts unable to unload- oil and gas 360

Dozens of LNG-laden ships queue off Europe’s coasts unable to unload

Natural Gas World LONDON/MADRID – Dozens of ships carrying liquefied natural gas (LNG) are circling off the coasts of Spain and other European countries unable to secure slots to unload because plants that convert the seaborne fuel back to gas are full. Europe is facing an energy supply squeeze as Russia has progressively cut gas flows after the West imposed

Why the U.S.’ largest shale gas basin misses out on the LNG boom- oil and gas 360

Why the U.S.’ largest shale gas basin misses out on the LNG boom

Oil Price Regulatory hurdles are stymieing growth in natural gas production in the Marcellus-Utica basin, the largest U.S. gas-producing region, which is set to miss out on the expected boom in American liquefied natural gas (LNG) exports in the coming years. Not only is Marcellus-Utica missing the opportunity to export and monetize natural gas in a world scrambling for LNG

Dow up over 450 points

U.S. stocks jumped higher Monday as investors looked for an easing in the bond market ahead…

Oil industry execs lash out at botched energy transition- oil and gas 360

Oil industry execs lash out at botched energy transition

Oil Price Until recently, the idea of a Fortune 500 company boss criticizing the energy transition would have been considered eccentric, to put it mildly. Now, two Fortune 500 bosses have slammed the transition inside a single week. JP Morgan’s Jamie Dimon was first. On Monday, he told CNBC in an interview that the Biden administration had basically messed up the country’s—and the