Featured Articles

Apr 20, 2014

Forecast & Analysis

Fund Managers Add to Bets on Rising Oil Prices -- Market Talk

Money managers such as hedge funds and pension funds raised their bullish bets on crude oil in the week ended Tuesday, CFTC data show... Full Story

Money Mangers Go Long on Natural Gas -- Market Talk

Money managers added to bullish bets on natural gas in the week ended Tuesday, CFTC data show. Hedge funds, pension funds and others raised their long positions, or bets on rising prices, by 4,079, and added to their short positions, or bets on lower prices, by 1,946... Full Story

Energy Sector Powers Up, Week's Big ETF Buy -- Barron's Blog

By Brendan Conway Just like that, here comes energy. The last month's 6.5% leap beats every other sector in the S&P 500. The group is the index's second-strongest performer this year, behind only utilities... Full Story

Libyan Crude Loading Today, Says JBC Energy -- Market Talk

[Dow Jones]--Libyan crude could actually be flowing into the market today, says JBC Energy. "The first oil cargo since July last year started loading at the Libyan port of Hariga and should leave this morning with some 1 million barrels of crude," they say... Full Story

Midnight Welding Picks Up Slack That Imperils Shale Boom

By Isaac Arnsdorf, Dan Murtaugh and Jack Kaskey Apr 17, 2014 How high is demand for welders to work in the shale boom on the U.S... Full Story

Farmers Seeking Heat Relief Signal Brazil Climate Peril

By Raymond Colitt Apr 17, 2014 Brazil may see a mass migration of crops and farm workers from huge swaths of currently tillable lands to more temperate zones as global warming takes hold, according to leading climate experts in the country... Full Story

Top News Stories

Keystone XL Decision Likely to Come After Midterm Elections

By Amy Harder WASHINGTON--The Obama administration is extending its review of the Keystone XL pipeline, citing ongoing litigation in Nebraska over the project's route through the state, according to people familiar with the matter... Full Story

Quake Shakes Mexico, Little Damage Reported

By Anthony Harrup and José de Córdoba MEXICO CITY--A 7.2-magnitude earthquake shook the Mexican capital Friday morning, sending thousands of terrified Mexicans into the street, but causing little damage. "There are no reports of casualties," said Mexico City Mayor Miguel Angel Mancera... Full Story

Keystone Decision Delayed by U.S. Over Nebraska Route

By Jim Snyder Apr 18, 2014 The Obama administration said it delayed a decision on the Keystone oil pipeline over uncertainty about the route in Nebraska, which may push final action on the project until after the November election... Full Story

U.N. Says At Least 58 Killed In Attack On U.N. Base In South Sudan

JUBA (AFP)--At least 58 people were killed and more than 100 others wounded in Thursday's attack on a U.N. base in South Sudan sheltering thousands of displaced civilians, a U.N. official said. "Forty-eight bodies, including children, women, men, have been recovered from inside the base... Full Story

European Shares Boosted by Upbeat U.S. Data

By Tommy Stubbington and Clare Connaghan European shares ended higher Thursday for the second straight session, boosted by upbeat U.S. manufacturing data and better-than-expected results from Goldman Sachs. The Stoxx Europe 600 index rose 0.49% to close at 332.43, while Germany's DAX added 0... Full Story

U.S. Energy Rigs Unchanged at 1,831, Baker Hughes Says

By Lynn Doan and Eliot Caroom Apr 17, 2014 Rigs targeting oil and natural gas in the U.S. were unchanged this week at 1,831, according to Baker Hughes Inc. (BHI) Oil rigs declined by seven to 1,510, data posted on the company’s website show... Full Story

Financial

Natural Gas Makes Biggest Gain in Two Months on Concern about Low Stockpiles

By Timothy Puko Natural-gas prices on Thursday posted their biggest one-day gain in two months after a smaller-than-expected increase in U.S. inventories reignited fears that supplies are too low... Full Story

Oil Futures Reach Six-Week High as Cushing Supplies Fall

By Nicole Friedman NEW YORK--Oil futures advanced to a six-week high Thursday as traders turned their focus from rising U.S. stockpiles to the continued drawdown of supplies from a storage hub in Oklahoma, where the benchmark U.S. contract is priced... Full Story

Natural Gas Makes Biggest Gain in Two Months on Concern about Low Stockpiles

By Timothy Puko Natural-gas prices on Thursday posted their biggest one-day gain in two months after a smaller-than-expected increase in U.S. inventories reignited fears that supplies are too low... Full Story

Oil Futures Reach Six-Week High as Cushing Supplies Fall

By Nicole Friedman NEW YORK--Oil futures advanced to a six-week high Thursday as traders turned their focus from rising U.S. stockpiles to the continued drawdown of supplies from a storage hub in Oklahoma, where the benchmark U.S. contract is priced... Full Story

Natural Gas Jumps on Lower-Than-Expected Storage Additions

By Timothy Puko NEW YORK--Natural-gas futures jumped to a one-month high Thursday after government data showed U.S. supplies of the fuel rising by less than expected. Natural gas for May delivery was recently up 3.7% at $4... Full Story

Oil Futures Steady as Traders Eye Ukraine Unrest

By Nicole Friedman NEW YORK--Oil futures held near flat Thursday as traders weighed ongoing unrest in Ukraine, which could threaten Russian oil exports, against growing U.S. supplies and an expected increase in Libyan exports. Light, sweet crude for May delivery rose 23 cents, or 0... Full Story

Releases

Exxon CEO Tillerson Withdraws From Lawsuit Against Water Tower Near His Ranch

By Daniel Gilbert Rex Tillerson, chief executive of Exxon Mobil Corp., has withdrawn from a lawsuit seeking to demolish a water tower near his horse ranch in north Texas, according to court records reviewed by The Wall Street Journal. Mr... Full Story

Shell Plans Russian Expansion With Putin Support for Sakhalin-2

By Anton Doroshev and Elena Mazneva Apr 18, 2014 Royal Dutch Shell Plc (RDSA) plans to expand the Sakhalin-2 oil and gas project in Russia’s Far East, the country’s only producer of liquefied natural gas, as it seeks to boost its presence in the Asian energy market... Full Story

Transocean Ltd. Provides Fleet Status Report

ZUG, SWITZERLAND-April 17, 2014-Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today issued a comprehensive Fleet Status Report which provides the current status and contract information for the company's entire fleet of offshore drilling rigs... Full Story

Lehigh Gas Partners LP: Announces the Acquisition of Wholesale Motor Fuel Supply Contracts and Motor Fuel Stat

ALLENTOWN, PA (April 17, 2014) - Lehigh Gas Partners LP (NYSE: LGP) (the "Partnership") announced today that it entered into an asset purchase agreement with affiliates of Atlas Oil Company to purchase 55 wholesale supply contracts, 11 fee or leasehold sites, 2 commission marketing... Full Story

Kinder Morgan, Inc. Increases Quarterly Dividend to $0.42 Per Share

HOUSTON--(BUSINESS WIRE)--April 16, 2014-- Kinder Morgan, Inc. (NYSE: KMI) today reported first quarter cash available to pay dividends of $573 million, up 12 percent from $513 million for the same period a year ago, and remains on track to meet or exceed its published annual budget of $1... Full Story

Statoil's share saving plan allocates shares

STAVANGER, Norway, April 16, 2014 (GLOBE NEWSWIRE) -- The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 15 April 2014 for use in the group's share saving plan have on 16 April 2014 been distributed to the employees in accordance with their savings amount... Full Story

Weather

Snowstorm From U.S. Midwest Sweeps Cold Air Into the East

By Brian K. Sullivan Apr 16, 2014 Temperatures in Washington and New York dropped as much as 35 degrees as a cold front that brought snow to Chicago this week swept eastward with gusty winds grounding flights... Full Story

El Nino Signs Detected, Presaging Global Weather Change

By Alex Morales Apr 15, 2014 Signs have been detected that a periodic warming of the tropical Pacific known as El Nino is imminent, presaging changes to global weather patterns in the months ahead, the World Meteorological Organization said... Full Story

Snowstorm From Midwest Sweeps Into East With Cold

By Brian K. Sullivan Apr 15, 2014 Temperatures in Washington and New York are forecast to drop as much as 38 degrees today as a cold front that brought snow to Chicago yesterday sweeps eastward with gusty winds grounding flights... Full Story

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NATURAL GAS STORAGE*
EIA report for week ending 4-10-2014 Our prediction for week ending 4-11-2014
826 865
Weekly change
+4up +39upest

Commodity Prices ($)

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