|Day's range||62.08 - 62.31|
KUALA LUMPUR, March 20 (Reuters) - Exports of Malaysian palm oil products for March 1 to 20 rose 15.3 percent to 913,091 tonnes from the 791,992 tonnes shipped during Feb. 1 to 20, inspection company AmSpec ...
Natural gas has gained a reputation as the “bridge fuel” in the energy transition from coal to renewables, but that bridge is now under attack from regulators
Crude oil prices settled lower as fears of rising U.S. production persisted amid an uptick in U.S. oil rigs while Saudi’s ramp up in diesel and gasoline exports to a record in January added to negative sentiment.
While the OPEC production cut deal has been successful so far, the group’s Secretary General claims that there is plenty more work to do
Sooner Trend Anadarko basin Canadian and Kingfisher counties - where companies such as Marathon Oil (MRO.N) and Devon Energy (DVN.N) bought up acreage following the oil slump in 2014. Leading the pack is Oklahoma-based Devon Energy Corp, which expects its STACK production to reach 140,000 barrels of oil equivalent per day (boed) by the end of 2018, up from 107,000 boed a year ago.
Investing.com - Natural gas futures started the week on the back foot on Monday, amid speculation the end of the winter heating season will bring warmer temperatures throughout the U.S. and cut into demand for the fuel.
Electric vehicles and stricter marine fuel regulations are generally not perceived as good news for the oil refining industry. Varo, which has refineries and storage assets in Western Europe, announced on Monday that it would list in Amsterdam this year. Its shareholders, which include private equity firm Carlyle and oil trading merchant Vitol, plan to sell a combined 30-40 percent of stock on Euronext.
March 19 (Reuters) - Anhui Wenwei Updated High-Tech Material Industry Co Ltd : * SAYS IT AND PARTNER PLAN TO SET UP JV FOR OPTICAL THIN FILM PROJECT WITH TOTAL INVESTMENT AT 349.9 MILLION YUAN ($55.26 ...
Investing.com - Oil prices fell on Monday morning in Asia amid rising concerns about looming oversupply as the U.S. continues to increase drilling activity.
U.S. oil exports have soared in the past couple of years, and as OPEC and Russia continue to hold back on production, times will only get better for U.S. exporters
Many people believe that the biggest risk to oil markets is running out of oil, the reality is it is demand that will cause the next crisis
The head of Iraq's state-oil marketer SOMO said on Sunday that Iraq will seek to corner a greater share of Asian markets through a new joint venture strategy. At a SOMO event in Baghdad on Sunday, Alaa al-Yasiri announced that SOMO will seek to sign joint ventures with companies from China, India, Japan and South Korea to help target Asian markets.
There are too many factors to consider this week to determine a direction, but we are confident that increased volatility will dominate the trade due to the emerging chart pattern and the number of potential events.