Oil prices fell today, with the Brent closing below US$80 per barrel as investors await this week’s OPEC+ meeting now postponed to November 30th – who knows what these guys are thinking!  U.S. West Texas Intermediate crude futures lost 68 cents per barrel, or 0.9%, to close at $74.86 per barrel. Brent crude futures closed lower 60 cents per barrel, or 0.7%, at US$79.98 per barrel. Both contracts were down over $1 per barrel in early trading.  Meanwhile Natural Gas flows to the seven big U.S. LNG export plants rose to an average of 14.8 bcf per day so far in November, up from 13.7 bcf per day in October and a monthly record of 14.0 bcf per day in April at the same time natural gas continues to fall.  Maybe we should be using more natural gas to make more electricity – just a thought.

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mars
  • Where: Renaissance Schaumburg Convention Center Hotel
  • Attending: Curtis Chandler (239.405.3365), David Cohen (954-729-4774), Cyndi Popov (403-402-5043)
  • Conference Website
mars
  • Where: La Quinta Resort & Club, La Quinta, California
  • Attending: Curtis Chandler (239.405.3365)
  • Conference Website
opis
  • Where: Charlotte Harbor, Florida
  • Attending: David Cohen (954-729-4774), Brian Baker (239)297-4519
  • Conference Website