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Demand rise, output cuts could mean oil market balance in June


Recovering demand as coronavirus lockdowns ease combined with output cuts by top producers could balance global oil markets as soon

EIA forecasts lower U.S. natural gas consumption in 2020


In the latest Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts that decreases in natural gas consumption

China’s “hermit” investors fill doubled oil storage with crude bet


Chinese financial investors betting on a rebound in oil prices are filling commercial storage tanks held by the Shanghai futures

‘This could be the one that gets me,’ says oilfield service veteran


Tim Harris was preparing to relocate for an assignment with energy services firm Halliburton Co (HAL.N) for the fifth time

Iraqi, Saudi energy ministers say committed to output cuts


Iraq and Saudi Arabia agreed on Saturday to continue working to re-balance markets and stressed their commitment to output cuts

Oil prices climb as faith in supply cuts grows


Oil prices rose on Tuesday, supported by growing confidence that producers are following through on commitments to cut crude supplies

How The Price War Is Hurting U.S. Tight Oil


How much will US Lower 48 liquids supply fall in response to low prices? The question keeps coming to us

Three Factors Driving Oil’s Dramatic Rebound


Oil prices have come a long way since the deep dive into negative territory a month ago. One could argue

East Med should focus on local markets


The first quarter of 2020 has proved to be very challenging for natural gas and liquefied natural gas (LNG) producers.

Iran’s Zanganeh says hard to predict oil prices as demand unclear


Iran’s oil minister said on Monday it was difficult to forecast crude prices amid uncertainties over prospects for demand, Iranian

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