Energy - Americas

Iran’s fuel reaches Venezuelan stations, fifth tanker headed to Caribbean

Iran’s fuel reaches Venezuelan stations, fifth tanker headed to Caribbean

As authorities in the country - which had enjoyed the world's cheapest gasoline for two decades - prepare to expand retail sales. Of 1,800...

Oil surges 5pc on US-China trade optimism, falling crude output

Oil surges 5pc on US-China trade optimism, falling crude output

US/Canadian oil & gas rig count falls to record low WTI posts record monthly gain of 88% Brent up 40% in biggest monthly rise...

Oil marketing firm Eighty-Eight oil declares force majeure

Oil marketing firm Eighty-Eight oil declares force majeure

The company declared force majeure after producers selling oil to them shut production, causing Eighty-Eight to be short on barrels that they had committed...

US/Canadian oil & gas rig count falls to record low

US/Canadian oil & gas rig count falls to record low

The Canadian rig count fell by one to an all-time low of 20 this week, according to Baker Hughes. That was 65 rigs, or...

US natural gas futures fall 3pc on big storage build, lower demand

US natural gas futures fall 3pc on big storage build, lower demand

The US Energy Information Administration (EIA) said utilities injected 109 billion cubic feet (bcf) of gas into storage during the week ended May 22. ...

Fed’s Kaplan sees global oil glut lasting well into 2021

Fed’s Kaplan sees global oil glut lasting well into 2021

We think it will take probably until sometime in the second half of 2021, depending on economic growth, to work off all this excess...

Oil rises as higher US refinery rates offsets surprise crude build

Oil rises as higher US refinery rates offsets surprise crude build

US crude stocks up 7.9 mln bbls, vs 1.9 mln-bbl draw forecast US refinery runs rise, gasoline stocks unexpectedly decline OPEC looks to extend...

US natgas futures little changed ahead of weekly storage report

US natgas futures little changed ahead of weekly storage report

Refinitiv slightly reduced its demand projections for the next two weeks, including exports, to 78.4 bcfd from 78.5 bcfd on Wednesday due to slightly...

US natgas futures edge up on higher cooling demand, slowing output

US natgas futures edge up on higher cooling demand, slowing output

Analysts said they expect LNG buyers will cancel dozens of additional cargoes over the summer since US gas forwards are trading higher than European...

US natgas futures little changed as falling output offset demand decline

US natgas futures little changed as falling output offset demand decline

Analysts expect those buyers will cancel dozens of additional cargoes over the summer since US gas forwards are trading higher than European benchmarks through...

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