Tumbling natural gas prices have set the power generation industries in the U.S. and Europe off to a greener start this year.
Read More »U.S. Oil Gas Output Surge Sets Country Increase Record
U.S. natural gas and crude oil production increased last year at the fastest pace ever for a single country.
Read More »Oil Reaches near $54 on Saudi-Russia Supply Pledge. Drop in Rigs
US crude has fallen about 18% from a peak in late April and volatility has jumped as deteriorating US-China trade relations cast a pall over the global growth outlook.
Read More »Russia May Be Testing U.S. Gas Nerve with Europe Push
Russia’s strong natural gas shipments to Europe may be an attempt to test the resilience of U.S. exporters. according to Citigroup Inc.
Read More »Alberta’s Oil Supply Cuts Find a Sweet Spot
Alberta may have finally found the right level for its oil curtailment program that has sent local oil prices on a roller coaster for the last few months.
Read More »Oil Woes Have Calgary Landlords Turning Empty Offices Into Apartments
When the lease on an Alberta Health Services office in Calgary came due for renegotiation two years ago. the rental market was so bad that trying to keep the tenants wasn’t worth it.
Read More »Russia Warns of $40 Oil Even as It Holds Out on OPEC Deal
Saudi Arabia and Russia. the two largest producers in the OPEC coalition. voiced concerns that falling oil demand could send prices below $40 bbl as they met in Moscow.
Read More »The 2020 Oil Market is Quickly Turning Ugly
Oil bulls thought 2020 would be their year.
Read More »Oil Drillers Scale Back U.S. Activity as Crude Falls Into Bear Market
U.S. crude explorers reduced drilling to a 15-month low as oil dipped into bear-market territory.
Read More »South Korea Warns of Prolonged Downside Risk to Economic Growth
South Korea said its economic growth faces prolonged downside risks as uncertainty surrounding external conditions grow more than expected.
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