Global Commodities: Global upstream Oil & Gas capital spending faces first contraction since 2020
Global upstream oil and gas development spending is expected to decline by about 1.1% to $543 billion, with reductions in all regions except the...
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OPEC, IEA, EIA Forecast Rising Oil Supply, Sluggish Demand
OPEC sees steady oil demand, while IEA and EIA cut growth estimates. All agencies predict limited near-term rise in global oil demand. EIA bullish...
2.4k Views
[ETP 2025/26] WTI Set for Deepest Weekly Drop Since March 2023; Henry Hub Slides on Tepid Demand
US crude inventories fell more than expected. However, EIA reports gas storage build slightly above forecast. Shell denies merger talks with BP,...
486 Views
[ETP 2025/25] WTI Wavers on Israel-Iran Tensions, While Henry Hub Rebounds on Demand Revival
US crude inventories drop significantly, gasoline and distillate stockpiles increase. Natural gas storage levels above average but below last year...
305 Views
[ETP 2025/24] WTI Rises on Trade Hopes, Geopolitics; Henry Hub Slips on Weak Near-Term Outlook
US crude inventories fell more than expected, while gasoline and distillate stockpiles rose. Nat-gas storage levels are above 5-year average....
555 Views