Since peaking in May, the average retail gasoline prices has fallen and is expected to do so until the end of the year. Meanwhile, the WTI crude oil price has increased during the same time period. It is also expected that the motor gasoline inventories would remain tight. Distillate ...
Oil prices ended a bit lower on Thursday, putting an end to a three-session streak of gains, after the International Energy Agency lowered its global oil-demand growth estimate for this year and said the market looks “comfortably supplied” for 2025. ...
CAPITAL MARKETS SHUTDOWN AT YEAR-END With the price for WTI falling 40% toward year-end from its Oct.3 peak,accelerating as it entered the less-liquid December markets,it comes as little surprise that capital-market activity came to a virtual halt as New Year's Day approach... C Sheehan...
For 2024, the company estimates full year adjusted EBITDA to be above the top end of its $3.95 billion to $4.05 billion range. Targa plans to detail its full year 2025 operational and financial outlook in February 2025 in conjunction with its fourth quarter 2024 earnings announcement. #2. ...
"We can see $95 crude in WTI (West Texas Intermediate) by the end of this year," Licata added, which represents a 10 percent upside from the current levels. Nymex crude prices extended losses in the Asian morning session on Tuesday, hovering at $85.40 a barrel, after tumbling 2.6 percent...
Analysts continue to say that there is an overabundance of gas supply that can be economically developed in the U.S. at $3 per million British thermal unit (MMBtu), with that price not changing much through the end of this decade. This outlook is despite increasing exports to Mexico and ...
Analysts continue to say that there is an overabundance of gas supply that can be economically developed in the U.S. at $3 per million British thermal unit (MMBtu), with that price not changing much through the end of this decade. This outlook is despite increasing exports to Mexico and ...
TheSECtwelve-month first day of the month average prices used for year-end 2022 were$90.15per barrel of crude oil (WTI) (Plains Posted) and$6.36per MMBtu of natural gas (Henry Hub), both before adjustment for quality, transportation, fees, energy content, and regional price ...
relatively unchanged compared to the prior year. Total proved and total proved plus probable bitumen reserves were approximately 5.4 billion barrels and approximately 7.9 billion barrels respectively, both relatively unchanged compared to the prior year. At year-end 2023, Cenovus had a proved reserves ...
Meanwhile, confirmation by Israeli authorities that the IDF hadkilled Hamas leader Yahya Sinwarboosted some expectations that the conflict in Gaza might soon come to an end — potentially easing tensions in the Middle East, which continu...