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Oil, Gas, And Fracking News Reads: 21February 2021

The natural gas storage report from the EIA for the week ending February 12th indicated that the amount of natural gas held in underground storage in the US fell by 237 billion cubic feet to 2,281 billion cubic feet by the end of the week, which left our gas supplies 105 billion cubic feet, or 4.4% below the 2,386 billion cubic feet that were in storage on February 12th of last year, but 57 billion cubic feet, or 2.6% above the five-year average of 2,224 billion cubic feet of natural gas that have been in storage as of the 12th of February in recent years..the 237 billion cubic feet that were drawn out of US natural gas storage this week was less than the average forecast of a 251 billion cubic foot withdrawal from an S&P Global Platts survey of analysts, but much more than the 141 billion cubic foot withdrawal from natural gas storage seen during the corresponding week of a year earlier, as well as the average withdrawal of 142 billion cubic feet of natural gas that have typicall ....

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Big Freeze in Texas Is Becoming a Global Oil Market Crisis - Governors' Wind Energy Coalition

Governors Wind Energy Coalition
Big Freeze in Texas Is Becoming a Global Oil Market Crisis
Source: By Alex Longley, Bloomberg • Posted: Thursday, February 18, 2021
What began as a power issue for a handful of U.S. states is rippling into a shock for the world’s oil market.
More than 4 million barrels a day of output almost 40% of the nation’s crude production is now offline, according to traders and executives. One of the world’s biggest oil refining centers has seen output drastically cut back. The waterways that help U.S. oil flow to the rest of the world have been disrupted for much of the week. ....

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Big Freeze in Texas Is Becoming a Global Oil Market Crisis

What began as a power issue for a handful of U.S. states is rippling into a shock for the world’s oil market. ....

Saudi Arabia , United States , North Sea , Oceans General , Gary Ross , Paul Horsnell , Kitt Haines , Ben Luckock , Standard Chartered Plc , Energy Aspects , Organization Of Petroleum Exporting Countries , Gold Investors , Trafigura Group , Citigroup Inc , Middle Eastern , Gulf Coast , Petroleum Exporting Countries , Black Gold Investors , Standard Chartered , சவுதி அரேபியா , ஒன்றுபட்டது மாநிலங்களில் , வடக்கு கடல் , பெருங்கடல்கள் ஜநரல் , கேரி ரோஸ் , பால் ஹார்ஸ்னெல் , கிட் ஹைன்ஸ் ,

Big Freeze in Texas felt in global oil marketIs Becoming a Global Oil Market Crisis

What began as a power issue for a handful of U.S. states is rippling into a shock for the world’s oil market. ....

Saudi Arabia , United States , North Sea , Oceans General , Gary Ross , Paul Horsnell , Kitt Haines , Ben Luckock , Standard Chartered Plc , Energy Aspects , Organization Of Petroleum Exporting Countries , Gold Investors , Trafigura Group , Citigroup Inc , Middle Eastern , Gulf Coast , Petroleum Exporting Countries , Black Gold Investors , Standard Chartered , சவுதி அரேபியா , ஒன்றுபட்டது மாநிலங்களில் , வடக்கு கடல் , பெருங்கடல்கள் ஜநரல் , கேரி ரோஸ் , பால் ஹார்ஸ்னெல் , கிட் ஹைன்ஸ் ,

Crude oil: Big freeze in Texas is becoming a global oil market crisis

Brent crude oil surged above $65 a barrel on Thursday, a level not seen since last January. ....

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