Energy information administration
US-China trade war becomes focus again for commodities
As the end of the 90-day truce in US-China trade hostilities looms, commodity markets brace for uncertainty
Who wants to be a forecaster?
Forecasting gas storage levels is an ugly, thankless – but essential – task
IEA slashes Gulf of Mexico supply forecasts
Repercussions from the BP oil spill force the International Energy Agency (IEA) to slash supply forecasts.
Nat gas hedging hit by regulation and fundamentals
Experts link drop in natural gas trading activity and liquidity to fundamentals and regulatory uncertainty
Low natural gas prices push producers to oil
US producers move to oil plays, 2011 natural gas hedging programmes not expected to support current production levels
China’s coal dependency raises hedging costs for Europe
As China’s appetite for energy grows, analysts say the country’s lack of carbon emissions protocols or ability to use cleaner fuel will result in higher carbon emissions hedging costs for European companies
Nigerian political stability boosts oil production
Nigeria’s crude oil production is on the up, after geopolitical stability hints at consistent growth, says the NNPC
Nigerian official says oil exports not at risk
Nigeria’s oil minister has dismissed market reports that the country’s oil supply will dramatically tighten following insolvency rumours and major plans for offshore drilling
BAML: Iraq poses risk to oil outlook
Iraq poses a risk to oil market outlook as the country may not fulfil output expectations in the shorter term, says Bank of America Merrill Lynch (BAML). However, the prospect of a huge increase in oil production may still maybe able to keep prices under…
Global supply squeeze to ease with China/Saudi ties
The global oil supply tightness forecast for the next five years due to increasing Asian demand might be eased by China’s latest move to promote closer ties and secure more imports from Saudi Arabia, say analysts.
Iraq adopts new pricing for US crude
Somo, the Iraqi state-owned oil marketing firm, has followed in the footsteps of Saudi Arabia and Kuwait by adopting the Argus Sour Crude Index (ASCI) to benchmark price sales of US-bound crude from April onwards.
EIA eyes Brazil for non-Opec supply growth
Brazil could be the largest source of non- Organization of Petroleum Exporting Countries (Opec) oil and liquids supply growth between 2009 and 2011, with an annual production expected to increase by 410,000 barrels per day (b/d) within this period, says…