Category: Natural Gas

Oil Falls and Stocks Rise After a Day of Drastic Swings

The New York Times – Business:
The price of oil had spiked to nearly $120 a barrel on Monday, drawing remarks by President Trump that he believed the war on Iran was “very complete.”
G7 Countries Hold Off on Releasing Emergency Oil Supplies

The New York Times – Business:
Finance ministers for the seven industrialized countries met on Monday and said they would consider releasing oil from reserves but were not ready to do so now.
Countries in Asia Try to Contain the Economic Fallout of the Mideast Conflict

The New York Times – Business:
Across Asia, where countries are highly exposed to rising oil and gas costs and tightening supply, governments are acting to mitigate economic harm.
Oil Remains Potent Geopolitical Tool, Decades After Energy Crisis

The New York Times – Business:
The war in the Middle East has sent prices soaring, showing how much the world continues to depend on reliable supplies of oil and gas.
Stocks Tank in Asia as Oil Price Surges

The New York Times – Business:
Asian markets tumbled on Monday as Middle East tensions and spiking oil prices sparked a mass exit from the region’s previously booming stocks.
War-Induced Inflation Spike Looms Over Europe’s Economic Recovery

The New York Times – Business:
For months, the region has been encouraged by low inflation and better-than-expected economic growth. A disruption to energy supplies from the Middle East could knock it off course.
Oil and Natural Gas Prices Extend Rally as Iran Attacks Escalates

The New York Times – Business:
Energy prices continued to rise on Tuesday as attacks by the United States and Israel on Iran intensified, along with the country’s response.
Natural Gas Prices Surge After Attacks Hit Facilities in Qatar

The New York Times – Business:
Qatar said it had halted production of liquefied natural gas, forcing buyers to compete for supplies elsewhere.
U.S. and Israeli War With Iran Will Likely Send Oil Prices Soaring

The New York Times – Business:
Prices of oil and other commodities are expected to jump when trading resumes on Sunday, but how long they will stay high will depend on what the United States, Israel and Iran do next.
Germany’s Oil and Gas Output Is Dwindling as Prices Rise

The New York Times – Business:
Natural gas production in Germany has fallen about 80 percent in the past two decades even as the country seeks to replace flows from Russia.
Venezuela’s Natural Gas, Not Oil, Might Be a Big Early Prize

The New York Times – Business:
The South American country has natural gas that could be extracted and exported quickly, but U.S. sanctions, which are now being eased, have stymied development.
Energy Bills Have Soared Recently. How Can States Bring Costs Down?

Energy experts said that governors and legislatures have tools to keep electricity prices from rising further, and might even be able to lower them.