Archives for 2017
Market Currents: Changing dynamics of U.S. LNG, LPG and Oil
A supportive IEA monthly report has encouraged a Friday rally for black gold, Texas tea. As prices ping around in their current tight trading range, approaching resistance once again, hark, here are five things to...
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Calpine’s earnings down 60 percent from 2015
Houston-based Calpine Corp.’reported Friday that profits fell sharply last year as low prices squeezed margins and the company grappled with higher taxes. The power company reported profits of $92 million for 2016, down 60 percent...
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Charif Souki takes Tellurian LNG company public
Cheniere Energy founder Chair Souki has successfully taken his new company public on Nasdaq with the stock ticker “TELL” for Houston-based Tellurian Inc. Souki was ousted from liquefied natural gas export pioneer Cheniere just more...
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OPEC sticking to production cuts, says IEA
OPEC achieved the best compliance rate in its history at the outset of an accord to clear the oil glut, a plan that’s being supported by surprising strength in demand, the International Energy Agency said....
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Market Currents: US oil, gasoline exports impact regional pricing
Oil prices are moving back toward the top of their recent trading range, looking to muster a test of resistance once more. As positivity abounds amid new intraday record highs for U.S. equity markets, hark,...
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