Natural Gas (Mar'23)

WTI, Brent higher as Netanyahu vows Rafah attack

by

Israeli Prime Minister Benjamin Netanyahu addresses the Conference of Presidents of Major American Jewish Organizations, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in Jerusalem, February 18, 2024.  Ronen Zvulun | Reuters Crude oil futures moved slightly higher Tuesday after Israel Prime Minister Benjamin Netanyahu dismissed hopes that a proposed hostage … Read more

WTI, Brent steady on Gaza cease-fire hopes

by

A view of the damaged buildings and streets after months of Israeli bombardment which have turned the city into piles of rubble and ash in Khan Yunis, Gaza on April 19, 2024.  Abed Rahim Khatib | Anadolu | Getty Images Crude oil futures fell Monday as the U.S. Secretary of State made a renewed diplomatic … Read more

Mideast strife could trigger energy shock, inflation rise: World Bank

by

A general view of Isfahan Refinery, one of the largest refineries in Iran and is considered as the first refinery in the country in terms of diversity of petroleum products in Isfahan, Iran on November 08, 2023.  Fatemeh Bahrami | Anadolu | Getty Images The outbreak of a major conflict in the Middle East could … Read more

WTI falls back below $83 a barrel

by

A pumpjack is shown outside Midland-Odessa area in the Permian basin in Texas, U.S., July 17, 2018. Image taken July 17, 2018.  Liz Hampton | Reuters U.S. crude oil fell back below $83 a barrel on Wednesday after rallying nearly 2% in the prior session. Traders are waiting for the latest U.S. petroleum inventory data … Read more

WTI at $81 as threat of Iran oil sanctions loom

by

A general view of Isfahan Refinery, one of the largest refineries in Iran and is considered as the first refinery in the country in terms of diversity of petroleum products in Isfahan, Iran on November 08, 2023. Fatemeh Bahrami | Anadolu | Getty Images U.S. crude oil fell below $81 a barrel on Tuesday, the … Read more

Global gas glut is set to reach multi-decade highs in the coming years

by

A liquefied natural gas tanker sails past a container terminal as it arrives in Yokohama, Japan, May 21, 2018.  Tomohiro Ohsumi | Bloomberg | Getty Images Natural gas prices have plunged as the world grapples with an oversupply after a warmer-than-expected winter.  The recent heyday in liquefied natural gas boosted prices and profits, spurring a … Read more

Jim Cramer sees two paths ahead for Coterra Energy

by

Another Wall Street analyst has thrown their support behind Coterra Energy , adding to Jim Cramer’s belief that the oil and gas producer is a stock to watch in the new year. Bank of America on Friday upgraded Coterra to buy from a hold-equivalent rating, becoming the fourth research firm in less than a month … Read more

Falling oil hurts energy names. But plenty of others stocks stand to gain

by

U.S. crude prices continued to fall Wednesday, settling below $70 per barrel for the first time since early July and at their lowest levels since June. That’s good news for the Federal Reserve in its battle against inflation. While the impact on oil and natural gas stocks has not been as cheery, companies across many … Read more

Here’s what’s driving Wall Street’s newfound bullishness on Coterra

by

Wall Street analysts are warming up to Coterra Energy , a stock we bought more shares of just last week when it was firmly out of favor. In recent days, Citigroup, UBS and Wells Fargo all upgraded Coterra to buy-equivalent ratings, highlighting a host of fundamental reasons — including improving capital efficiency — to own … Read more