[ad_1] In a reality check for natural-gas producers, volatile prices are prompting European homes and factories to go green faster than expected. [ad_2] Source link
Tag: Oil and Natural Gas Exploration
IEA Raises Oil Supply Forecasts as U.S. Producers Counter OPEC+ Cuts
[ad_1] The IEA said it expects oil supplies to rise by 1.5 million barrels a day next year but moderated its demand expectations, pointing to a more balanced oil market…
Natural-Gas Prices Soar on Australian Labor Dispute
[ad_1] Most of Australia’s supply is committed to Asia, so a sudden drop in LNG exports could push European and Asian buyers into a bidding war for gas from elsewhere,…
U.S. Crude-Oil Inventories Rise Sharply as Domestic Production Soars
[ad_1] Oil stockpiles climbed by 5.9 million barrels last week to 445.6 million barrels, compared with predictions that supplies would rise by 1.3 million barrels from the prior week. [ad_2]…