- Analyst Insight
Record Production Sinks Gas Futures Prices Below $3/MMBtu
The record production contributed to a second week of losses for the prompt Henry Hub gas futures contract, which settled Friday at $2.96/MMBtu.
RBN’s Daily Energy Blog and Insights sharpen your energy IQ through fundamentals-based analysis that makes sense of North America’s energy market dynamics.
- Analyst Insight
EIA's New Crude-Supply Figures Add Visibility to Market
Lower 48 crude production remained stable at 12.8 MMb/d the last two weeks, the fifth and sixth consecutive weeks of flat output, according to Weekly Petroleum Status Report, which was not released last week because of a systems upgrade at the EIA.
- Analyst Insight
US Rig Count Up Slightly, Led by Bakken Increase
Total US rig count was up slightly to end the week of November 17, increasing by two vs. a week ago for a total of 618 according to Baker Hughes. Rigs were added in the Bakken (+2), Permian (+1), Haynesville (+1) and Anadarko (+1), while the Eagle Ford (-2) and Appalachia (-1) both lost rigs.
- Blog
Just Dropped In - Renewable Naphtha Likely to Play Increasing Role in Decarbonization Efforts
The push to decarbonize frequently focuses on the transportation sector, which is responsible for the largest share of global greenhouse gas (GHG) emissions.
- Blog
Same Ol' Situation - Will the TMX Project Narrow the Price Discount for Western Canada's Heavy Oil?
Wider price discounts for Western Canadian heavy crude oil have been weighing on its oil producers for the past few months. This appears to be the result of a combination of weak refinery demand, rapidly rising oil production and insufficient oil takeaway capacity from Western Canada.
- Analyst Insight
Panama Canal Restricts Vessel Traffic
US LNG exports to Asia may have to take the scenic route with the Panama Canal restricting vessel traffic due to low rainfall. For more, see this week’s RBN LNG Voyager.
- Analyst Insight
U.S. Propane Inventories Grow Above Expectations with Unexpected Build in PADD 4/5
U.S. propane inventories grow by 1.3 MMbbl, well above industry expectations for a draw in stocks with an unexpected large build in PADD 4/5.
- Analyst Insight
Out of Left Field, CCS edition
CCS can't be affordable? Someone wants to prove us wrong
RBN Future of Fuels
The Future of Fuels bi-annual report by RBN's Refined Fuels Analytics provides an in-depth analysis of the U.S. and global refinery industries, focusing on crude oil and fuel market dynamics, supply and demand, alternative fuels, refinery capacities, and price forecasts to help stakeholders navigate the evolving energy landscape.
- Analyst Insight
U.S. Crude Oil Exports Hit Six-Month High in September: Census Bureau
U.S. crude oil exports reached their highest level in six months in September, as reported in the recent data by the U.S. Census Bureau.
- Blog
Let It Grow - Midstream Business Strategies Differ Depending on Their Corporate Structure
Much like their upstream counterparts, midstream companies have shifted to fiscal conservatism over the past few years, focusing less on growth and capital investment and more on shareholder returns, acquisitions and debt reduction.
