The 7 Top Energy Stocks to Buy in an Under-the-Radar Market
October 24, 2022
InvestorPlace – Stock Market News, Stock Advice & Trading Tips Looking for a new angle…
Texas natural gas prices sink close to zero
October 24, 2022
Oil Price While U.S. natural gas futures gained more than 4% on Monday, natural gas in the Waha part of the Permian Basin was falling and trading close to zero, traders told Bloomberg on Monday. Flourishing natural gas production in the Permian has swamped pipelines, putting an undue burden on takeaway capacity, resulting in an oversupply situation that has
Qatar energy chief says oil and gas trade should be depoliticized
October 24, 2022
Nasdaq Saad al-Kaabi, the head of Qatar’s state-run energy company, said on Monday all oil and gas trade should be depoliticized, calling for policies to move away from sanctions and anti-free market agreements. The comments by Kaabi, who is also Qatar’s minister of state for energy, come ahead of a Gas Exporting Countries Forum (GECF) meeting in Egypt and echo
Russian finance minister expects $180B in gas, oil revenue
October 24, 2022
Oct. 24 (UPI) — Russia’s finance minister said he’s expecting a substantial amount of …
Taiwan prepares for Chinese invasion by stocking up on natural gas and coal
October 24, 2022
Oil Price Taiwan is stocking up on natural gas and coal in anticipation of more military action from Beijing, Reuters has reported, citing a Taipei government official. In case of a Chinese attack on the island or a blockade, Reuters wrote, the Taiwan government wanted to boost its resilience since it is almost completely dependent on imports for its energy
Biden just put a floor under oil. Will it work?
October 24, 2022
Oil Price The Biden administration is ready to sell additional volumes of crude oil from the strategic petroleum reserve after the end of the 180-million-barrel release plan and then it would begin replenishing the SPR once prices fall to $67-$72 per barrel. This is the main outtake from a fact sheet published by the White House this week as
Retail gasoline prices continue to edge lower
October 24, 2022
Oct. 24 (UPI) — Fears of a global recession and a White House decision to tap further …
U.S. natural gas slides 2% to 7 month low on mild weather, record output
October 24, 2022
Nasdaq U.S. natural gas futures slid about 2% to a fresh seven-month low on Monday on record output and forecasts for mild weather to remain through at least early November. In a move that could help cut U.S. consumer heating costs this winter, gas futures have dropped about 60% over the past nine weeks as that record output, mild
Oil prices drop as Chinese demand data disappoints
October 24, 2022
Yahoo Finance LONDON – Oil prices were steady on Monday after Chinese data showed that demand from the world’s largest crude importer remained lacklustre, but rising equities in key markets marked a brief respite from global recession fears. Brent crude futures for December settlement were up 8 cents, or 0.1%, at $93.58 a barrel by 1356 GMT, after rising 2%
Schlumberger becomes SLB, a technology company driving the future of energy
October 24, 2022
World Oil HOUSTON — Schlumberger today announced its new name—SLB—underscoring the company’s vision for a decarbonized energy future and affirming its transformation from the world’s largest oilfield services company to a global technology company focused on driving energy innovation for a balanced planet. Beginning today, the legacy Schlumberger brand and nearly all of its affiliated brands will become one
