Featured Articles

Oct 22, 2014

Forecast & Analysis

Hedge Funds Take Another Hit as Spinoff Stocks Fizzle

By Liz Hoffman And Rob Copeland Corporate slim-downs aren't the moneymakers they once were for investors. U.S. companies looking to focus on their core businesses are spinning off or selling divisions at a record pace, moves that, in the past, have given shares a healthy boost... Full Story

Analysts Forecast 3.1 Million-Barrel Build in Crude Stocks

By Nicole Friedman NEW YORK--U.S. crude-oil stocks are expected to rise in data due Wednesday from the Department of Energy, according to a survey of analysts by The Wall Street Journal. Estimates from 12 analysts surveyed showed that U.S... Full Story

Oil at $80 a Barrel Muffles Forecasts for U.S. Shale Boom

By Isaac Arnsdorf and Bradley Olson Oct 21, 2014 The bear market in oil has analysts reassessing the U.S. shale boom after five years of historic growth. The U.S. benchmark price dropped to $79.78 a barrel on Oct. 16, the lowest since June 2012. At that level, one-third of U.S... Full Story

Russia Loses Oil Ally in De Margerie After Moscow Crash

By Matthew Campbell and Tara Patel Oct 21, 2014 Christophe de Margerieís last act as chief executive officer of Total SA (FP) left no room for doubt about his feelings toward Vladimir Putinís Russia... Full Story

Ex-Goldman Quant's Hedge Fund Bucks Market Blues -- Market Talk

It's good to be a quant... Full Story

Worry Over Oil Drop Impact on Gulf Region Overdone, Says Capital Economics -- Market Talk

[Dow Jones]--Concerns that the recent fall in oil prices could lead to another "lost decade" for the Gulf, similar to the 1980s, are probably overdone, says Capital Economics... Full Story

Top News Stories

Russian Investigators Blame Air Crash on Negligence, Drunkenness

By James Marson And Robert Wall MOSCOW--Russian investigators blamed negligent airport management and the alleged intoxication of the driver of a snowplow that drove on to the runway for a crash that killed Total SA's chief executive and three crew... Full Story

Investors Pile Into Oil Funds at Fastest Pace in 2 Years

By Moming Zhou Oct 21, 2014 Investors are putting money into funds that track oil prices at the fastest rate in two years, betting that crude will rebound from a bear market. The four biggest oil exchange-traded products listed in the U.S... Full Story

Total CEO Saw Future Involved Risk

By Andrew Peaple LONDON--In the decade before his death late Monday in a plane crash at Moscow airport, Total SA Chief Executive and Chairman Christophe de Margerie moved his company away from Europe's aging oil fields--betting it was better to negotiate tense politics in resource-rich nations... Full Story

Islamist Terror Group Earns $800 Million a Year From Oil Sales

By Jim Polson Oct 21, 2014 The Islamic State is earning about $2 million a day, or $800 million a year, selling oil on the black market, according to one estimate... Full Story

Iran Shuns Image as OPEC Hawk While Seeking Sanctions End

By Anthony DiPaola Oct 21, 2014 Iran, eager for an end to sanctions that have restricted its oil exports, is shunning its image as OPECís price hawk by avoiding calls for an emergency session of the group to support prices... Full Story

French Oil Giant Boss Dies in Moscow Executive-Jet Crash

By Joe Carroll, James Paton and Nidaa Bakhsh Oct 21, 2014 Total SA (FP)ís Christophe de Margerie died when his airplane struck a snowplow on a Moscow runway, ending a career in which he oversaw the biggest expansion of oil reserves at the French energy giant in at least 15 years... Full Story

Financial

Natural Gas Snaps Five-Session Losing Streak

By Nicole Friedman NEW YORK--Natural gas snapped a five-session losing streak Tuesday but held near 11-month lows, as traders weighed near-term forecasts for mild weather against uncertainty about how much the upcoming winter will raise demand for the heating fuel... Full Story

Oil Prices Edge Higher on Chinese Data

By Nicole Friedman Oil prices gained on Tuesday on better-than-expected economic data from China, the No. 2 oil-consuming nation. However, prices remain near multiyear lows on ongoing concerns about high global supplies and moderate demand. After U.S... Full Story

Crude Rises After Chinese Growth Exceeds Expectations

By Mark Shenk Oct 21, 2014 West Texas Intermediate crude rose as Chinese economic growth exceeded analystsí estimates, signaling stronger fuel demand in the worldís second-biggest oil-consuming country. Brent futures gained in London. Chinaís gross domestic product advanced 7... Full Story

Natural Gas Weakens as Weather Outlook Warms

By Nicole Friedman NEW YORK--Natural-gas slipped to an 11-month intraday low Tuesday on expectations that warm weather this month would keep demand for the heating fuel muted. Natural gas for November delivery recently fell 0.4 cent, or 0.1%, to $3... Full Story

Oil Prices Rise on Chinese Data

By Nicole Friedman Oil prices ticked higher Tuesday on better-than-expected economic data from China, the No. 2 oil-consuming nation. China posted 7.3% year-over-year quarterly growth rate in the third quarter, the National Bureau of Statistics said Tuesday... Full Story

Oil Rises After Chinese Economic Growth Exceeds Forecasts

By Mark Shenk Oct 21, 2014 West Texas Intermediate and Brent crudes advanced after Chinese economic growth exceeded analystsí estimates, signaling stronger fuel demand in the worldís second-biggest oil consuming country. Futures rose as much as 1.6 percent in New York and 1... Full Story

Releases

Royal Dutch Shell Sells More Nigerian Assets

By Benoît Faucon and Alexis Flynn Royal Dutch Shell PLC said Tuesday it has signed agreements to sell all of the Nigerian oil assets it put up for sale last year, the latest move by the Anglo-Dutch oil major to reduce its exposure to the West African nation... Full Story

TransCanadaís Keystone Stand-in Faces $1 Billion Gas Feud

By Rebecca Penty and Andrew Mayeda Oct 21, 2014 TransCanada Corp. (TRP) will have to spend $1 billion more than planned on an oil pipeline to Canadaís Atlantic Coast if natural gas customers get their way, a move it says would threaten the viability of the project... Full Story

Royal Dutch Shell plc: Buyback of Own Shares

LONDON, October 20, 2014 /PRNewswire/ -- Royal Dutch Shell plc (NYSE:RDS.A)(NYSE:RDS.B) announces that on 20 October, 2014 it purchased for cancellation 1,034,000 "A" Shares at a price of 2103.72 pence per share... Full Story

Shell Midstream Partners, L.P. Launches Initial Public Offering

THE HAGUE, the Netherlands, October 20, 2014 /PRNewswire/ -- Shell Midstream Partners, L.P., a limited partnership formed by Royal Dutch Shell (NYSE: RDS.A)(NYSE: RDS... Full Story

Royal Dutch Shell plc: Buyback of Own Shares

LONDON, October 20, 2014 /PRNewswire/ -- Royal Dutch Shell plc (NYSE:RDS.A)(NYSE:RDS.B) announces that on 20 October, 2014 it purchased for cancellation 1,034,000 "A" Shares at a price of 2103.72 pence per share... Full Story

Modi Uses Oil Price Slump to Ease Curbs Deterring Chevron

By Rakteem Katakey and Debjit Chakraborty Oct 20, 2014 A 23 percent slump in oil prices this year and the end of state polls are emboldening Indiaís Prime Minister Narendra Modi to press ahead with politically risky decisions to lure investors and revive the economy... Full Story

Weather

Hurricane Mapís Gulf of Mexico X Isnít as Bad as It Looks

By Brian K. Sullivan Oct 21, 2014 A potential tropical system in the Gulf of Mexico in August could raise eyebrows and send a ripple through energy markets. In October, itís a different story. Or at least, it should be... Full Story

Hurricane Gonzalo May Be Worst Bermuda Storm in 11 Years

By Brian K. Sullivan Oct 17, 2014 Gonzalo, classified as a major hurricane and bearing down on Bermuda with tree-snapping winds, is forecast to bring flooding and a life-threatening storm surge as itís projected to be the worst storm to hit the territory since Fabian in 2003... Full Story

New York Gets Frigid Winter Warning From Siberia Snowfall

By Brian K. Sullivan Oct 15, 2014 The snow in Siberia is piling up, and if it keeps coming, people in New York may have to bundle up this winter... Full Story

Loading...
NATURAL GAS STORAGE*
EIA report for week ending 10-10-2014 Our prediction for week ending 10-17-2014
3299 3390
Weekly change
+94up +91upest

Commodity Prices ($)

Natural Gas4.167
Crude Oil93.64
Heating Oil2.9017
RBOB Gas2.8118
Coal59.03