Q4 gasoline demand is only about 4-6% lower than the three summer months . Come winter, domestic demand will be ramping up 50%, with overall needs this year rising even more because of more LNG exports. Read the full article here Source: Forbes.com
https://www.rangerminerals.com/wp-content/uploads/2019/09/dd-Cropped.png286763Ranger Land & Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land & Minerals2019-09-24 18:45:172019-09-24 18:45:17Three Oil, Natural Gas, and Electricity Trends
Traders have scrambled to calculate what the limit move in oil would be, after Saturday’s drone attack on the ‘’world’s most important oil processing plant’’. Let’s talk more about this oil price explosion. And moments ago, Brent crude reopened for trading, exploding almost 20% higher, its biggest jump in 28 years time. Bloomberg notes that […]
Oil prices gain and traded higher on Wednesday after an industry report said U.S. crude stockpiles fell last week. Brent crude futures rose 51 cents, or 0.6 percent, to $62.89 a barrel by 0405 GMT, while West Texas Intermediate (WTI) futures were up 54 cents, or 0.9 percent, to $57.94 a barrel. Prices had ended […]
https://www.rangerminerals.com/wp-content/uploads/2019/09/Untitled-Cropped.png286763Ranger Land & Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land & Minerals2019-09-13 17:00:122023-09-28 14:34:22Oil Prices Gain After Bigger-than-Expected Fall in US Stockpiles
Three Oil, Natural Gas, and Electricity Trends
IndustryQ4 gasoline demand is only about 4-6% lower than the three summer months . Come winter, domestic demand will be ramping up 50%, with overall needs this year rising even more because of more LNG exports. Read the full article here Source: Forbes.com
Oil Price Explosion – Brent Crude Jumps 20%
IndustryTraders have scrambled to calculate what the limit move in oil would be, after Saturday’s drone attack on the ‘’world’s most important oil processing plant’’. Let’s talk more about this oil price explosion. And moments ago, Brent crude reopened for trading, exploding almost 20% higher, its biggest jump in 28 years time. Bloomberg notes that […]
Oil Prices Gain After Bigger-than-Expected Fall in US Stockpiles
IndustryOil prices gain and traded higher on Wednesday after an industry report said U.S. crude stockpiles fell last week. Brent crude futures rose 51 cents, or 0.6 percent, to $62.89 a barrel by 0405 GMT, while West Texas Intermediate (WTI) futures were up 54 cents, or 0.9 percent, to $57.94 a barrel. Prices had ended […]