Rystad on Tuesday of last week said it expects “significant” growth in U.S. shale natural gas production, with an increase of 6.9 billion cubic feet per day
Petroleum Daily Report 1-27-2023
Indications are that will strong Russian oil supply could offset some of the bullish fundamentals such as the recovery in Chinese demand.
Petroleum Daily Report 1-26-2023
Oil prices were higher today, rising 2% on expectations of rising global demand.
Petroleum Daily Report 1-25-2023
Oil prices were steady today after yesterday’s rout, supported by smaller than expected build in crude inventories
Petroleum Daily Report 1-24-2023
Oil prices were lower today on concerns about a global economic slowdown
Petroleum Daily Report 1-23-2023
Oil prices were mixed today but mostly flat as investors took profits later in the session.
PFL Railcar Report 1-23-2023
Freeport LNG’s shut in 2 BCF per day LNG export facility in Texas started receiving natural gas from pipelines
Petroleum Daily Report 1-20-2023
Oil prices were up today notching their second straight weekly gains as Chinas economic prospects brightened
Petroleum Daily Report 1-19-2023
Oil prices rallied today buoyed by rising Chinese demand despite another week of larger than expected crude inventory builds.
Petroleum Daily Report 1-18-2023
Oil prices eased today falling with other financial markets as bad economic data worried investors. WTI traded down $.70 to close at $79.48.