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December JKM dips below $13.00/MMBtu
Ample availability of spot cargoes, coupled with high inventories across much of northeast Asia, has driven LNG spot prices for December delivery to levels not seen since 2010, Platts data...Read More »
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Impact on US gasoline prices from export changes to depend on Brent, not WTI: EIA
The impact of changes to current US restrictions on crude oil exports
on gasoline prices would depend on how those potential changes impact Brent,
rather than WTI crude prices, the US Energy Information Administration said
in a report Thursday.
Argentina's Vaca Muerta could triple national oil, natural gas output
Argentina's biggest shale play, Vaca Muerta, has potential to more than
triple the country's oil and natural gas production over the next 20 years,
but a continued decline in global crude prices could pose a challenge for
attracting the investment to make this happen, analysts said Thursday.
Shell pledges 'tight hold' on costs, spending as oil price falls
Shell CEO Ben van Beurden said Thursday the recent sharp fall in global
oil prices demonstrated the need for oil companies to practice cost
discipline, as the Anglo-Dutch major bucked the third-quarter industry trend
of falling profits.