In The News

Friday, 05/12/2023

May 12, 2023 – Reuters

Record U.S. crude exports, rising shale output boosts oil flow to Houston

By Arathy Somasekhar

HOUSTON, May 12 (Reuters) - Oil pipelines from the top U.S. shale field to Houston that have run half empty are filling again as rising output has absorbed most of the space on lines to the main south Texas export hub in Corpus Christi.

Read the full article here: https://www....

Thursday, 04/13/2023

April 13, 2023 – Oil Price

Asia Spot LNG Prices Hit 21-Month Low

By Tsvetana Paraskova

So far in April, more than 75% of the U.S. LNG cargoes have headed to Europe, according to energy data analysts at RBN Energy.

“Exports to Europe remain at ultra-peak levels,” RBN Energy noted.

Historically, the U.S. exports more LNG to Latin America in the spring as the southern hemisphere prepares for peak winter demand, while Europe and Asia have just seen winter end.

“Last spring and summer, U.S. LNG exports to Latin America did rise...

Thursday, 04/13/2023

April 13, 2023 – Argus Leader

Summer gas estimates low compared to 2022, but geopolitical risks threaten Midwest prices

By Dominik Dausch

According to Robert Auers, a fuels market analyst for RBN Energy, the factors that drive up gas prices in other regions have had no effect in the Midwest.

"In California, higher taxes, [low carbon fuel standard], and cap-and-trade costs have driven up West Coast prices.  East Coast prices have seen some upward pressure from regional refinery closures during COVID," Auers said. "As for [...

Wednesday, 04/05/2023

April 5, 2023 – Natural Gas Intelligence

Blackfin Looking to Debottleneck Katy Hub as More Permian Natural Gas Flows East

By Jeremiah Shelor

A proposed Texas intrastate extension of the Matterhorn Express Pipeline could help preserve stronger pricing at the Katy and Houston Ship Channel benchmarks as more natural gas volumes flow from the Permian Basin, according to analysts.…

Read the full article here: ...

Friday, 03/31/2023

March 31, 2023 – Bloomberg

Fuel-Tanker Demand Is Booming as Asia, Middle East Refine More Oil

By Chunzi Xu and Alex Longley

The center of gravity in the global oil-refining complex is shifting sharply eastward — and that’s spurring a boom in the business of building ships to haul fuel around the globe…

Read the full article here: