UNL

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.

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

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 UNL last week (0715-0719)?

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

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.