U.S. oil rig count rises for third time in four weeks, Baker Hughes says

Asia Ex-Japana And European Markets Advance; Gold Gains - Global Markets Today While US Slept

U.S. Stock markets closed mixed on Thursday, with the S&P 500 and Nasdaq Composite falling. Dow Jones Industrial Average rose on stronger-than-expected GDP data. Japan's Nikkei 225 closed lower by 0.64% on Friday. The economy grew by 2.8% in Q2, beating estimates of 2%.

U.S. natural gas inventory net change of +22 Bcf for week ended July 19 - EIA

U.S. Natural gas inventory net change of +22 Bcf for week ended July 19 - EIA. Stocks for the week ending July 19, 2024, were 3,231 Bcf vs. 3,209 Bcf. Net change: +22 bcf. Natural Gas Futures (NG1:COM) -2.74% to $2.06.

Global Markets Slump Following S&P500's Decline; Crude Oil And Gold Loose 2% - Global Markets Today While US Slept

The U.S. Stock markets closed lower on Wednesday, July 24th. The S&P 500 and Nasdaq hit multi-week lows as disappointing Alphabet and Tesla earnings shook investor confidence in megacap stocks. This led to the S-P 500's largest daily drop since December 2022 and the Nasdaq's since October 2022.

How Hurricanes Can Impact The Energy Sector

Hurricanes in the Gulf of Mexico can interrupt offshore energy production, which can be supportive for oil prices. Hurricanes pose a risk to energy assets along the Gulf Coast. Exports and offshore pipelines can be impacted. Refineries may shut down or reduce rates during hurricanes, leading to higher gasoline and diesel prices.

Asia And Europe Markets Decline, Crude Oil At Six-Week Low - Global Markets Today While US Slept

U.S. Stock markets closed in the red on Tuesday, July 23rd. The energy index was the worst performer as crude prices hit a six-week low. Japan's Nikkei 225 closed lower by 1.27% in Asian markets. On Wednesday, investors focused on earnings from Alphabet and Tesla after both reported positive Q2 revenue.

Crude oil posts fourth straight drop with growing concerns about demand in China

BOIL, AMDL: Big ETF Inflows

New presidential contender Harris seen as tougher oil industry foe than Biden

Oil futures fall to fresh five-week lows. China's central bank unexpectedly cuts key interest rate. Oil market shows little reaction to Vice President Biden's withdrawal from presidential race. New presidential contender Harris seen as tougher oil industry foe than Biden on climate and energy issues. Front-month Nymex crude closes -0.4% down, the sixth loss in seven days.

Weekly Report: what happened at BOIL last week (0715-0719)?

Asia Down, Europe Markets Advance; Dollar Retreats While Gold Holds Above $2,400 - Global Markets Today While US Slept

U.S. Stock markets closed lower on Friday, July 19th. The Dow Jones Industrial Average was down 0.93% and closed at 40,287.53. Energy shares experienced the largest decline, while healthcare and utilities were the only sectors to post gains. The global tech outage was caused by a glitch in Crowdstrike's software.

Trump's vow to 'drill baby drill' bodes well for oil? It's more complicated, analysts say

Crude oil futures posted a second straight weekly loss. Concerns about Chinese demand are weighing on the market. Investors may be looking at a potential ceasefire in Gaza. The Trump trade on oil is not clear, analysts say. U.S. Natural gas futures ended a volatile week -8.6%.

U.S. drilling rigs tick higher in Baker Hughes survey

Energy U.S. Drilling rigs tick higher in Baker Hughes survey. Total active rigs drilling for oil and gas in the US rose by 2 to 586. The total rig count is 12% below this time last year. Rigs in the Permian Basin remained flat.

Why Closer Attention Is Now Being Paid To LNG Emissions

Dollar Strengthens Amid Global Market Decline; Asia And Europe Markets Down, Gold Drops

U.S. Stock markets closed lower on Thursday, July 18. All major indexes dropped, with the Dow breaking its streak of record highs. Initial jobless claims rose by 10,000 to 243,000 for the week ending July 13. On Friday, Japan's Nikkei 225 closed lower and Chinese stocks declined.

U.S. natural gas bounces on smaller than forecast storage build

U.S. Natural gas futures bounce on smaller than forecast storage build for last week. Energy Information Administration reports smaller than expected increase in inventories. Front-month Nymex natural gas for August delivery settled +4.4% to $2.125/MMBtu, its largest one-day gain since June 11.

LNG Demand Growth Hinges On Asia

LNG demand is expected to grow by 35% by the end of the decade. Asia is set to dominate that growth, but the strong demand from Europe will ease. China and India will see the largest absolute growth in LNG demand. The risk for Europe is the potential for overcapacity on the regasification side.

The U.S. And Qatar To Drive LNG Supply Growth

U.S. natural gas inventory net change of +10 Bcf for week ended July 12 - EIA

U.S. Natural gas inventory net change of +10 Bcf for week ended July 12 - EIA. Stocks for the week ending July 12, 2024, were 3,209 Bcf vs. 3,199 Bcf. Net change: +10 bcf. Natural Gas Futures (NG1:COM) +4.77% to $2.13.

Global Markets Today While US Slept - Asia Mixed, Europe Markets Advance, While Dollar Gains And Gold Near Record High

U.S. Stock markets closed mixed on Wednesday; Japan's Nikkei 225 closed lower. S&P 500 and Nasdaq fell sharply as microchip stocks plunged 6.8% due to potential trade restrictions on China. Japan's exports in June rose 5.4% year-on-year, missing the expected 6.4%. Asian markets closed lower on Thursday.