Cushing OK crude stocks fall to their lowest seasonal level in the history of DOE data in the final US inventory report of 2024.
Russian gas flows through Ukraine are due to halt on Jan 1 with the expiration of the Gazprom-Ukraine transit agreement.
A closer look at fund managers' energy market futures and options positioning
Guyana's latest production data shows output reached its second-highest daily average on record in November, five years after the Exxon-led consortium began producing.
Market bets for >50 bps of rate cuts by the Fed's Sep. '25 meeting drop to 7.5% from over 70% two months ago.
What's causing load growth in each North American region according to NERC's 2024 LTRA
This week's top economic data from the US, Europe, and China
Consecutive months of 'sticky' consumer and producer price growth has not dissuaded market participants' bets on a 25 bps rate cut at the Fed's Dec. 18 meeting.
OPEC's delayed production returns, geopolitical conflict, and Iran/Venezuela sanction threats vs. limited capacity for global crude inventories to absorb sudden shocks.
