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US Natgas on Track for Highest Since 2008 as Global Prices Soar

2021-09-28 16:06:24| OGI

The entire energy complex is trading at multi-year highs on concerns global supplies and production may not keep pace with forecasts for demand to grow this winter.

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US Natgas Closes at Highest Since 2018, Marks Monthly Gain

2021-09-01 15:23:21| OGI

U.S. production is forecast to dip to 89.4 billion cubic feet per day (Bcf/d) this week from 92.5 Bcf/d last week.

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US Crude Inventories Fall as Demand Hits Highest Since March 2020

2021-08-25 22:15:00| OGI

After 10 consecutive weekly drawdowns, oil stocks at the Cushing, Oklahoma, delivery hub for U.S. crude futures rose by 70,000 barrels last week, the EIA said.

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US Oil Rig Count Hits Highest Level Since April 2020

2021-08-13 19:23:01| OGI

U.S. oil rigs rose 10 to 397 this week, up from 172 a year ago, which was their lowest since 2005 before the shale boom boosted activity.

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Saudi Aramco Reports Highest Quarterly Profit Since 2018

2021-08-09 11:00:00| OGI

The state oil giant recorded a net profit of $25.5 billion in the second quarter, the highest level since 2018.

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