Before we head into the weekend, let’s take a look back at the week that was and some of the top metals storylines here on MetalMiner: Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook The shale gas sector appears to be slowing down, but the extent and longevity of the slowdown remains to […]
Search Results for: shale gas
Shale Gas Expansion is Slowing
To be fair, not all shale gas drilling is slowing, but in the Permian Basin, which has seen the most incandescent growth in recent years, according to the Financial Times, growth is slowing markedly, according to Schlumberger, Halliburton and the U.K.’s Weir Group – all majors suppliers to, or active players in, the fracking industry. Need […]
Natural gas markets under extreme duress
Ordinarily, rising oil and natural gas prices serve as positive signs of a recovering global economy. However, the rate and extent of price increases threatens to derail that very recovery. These increases, on top of rising interest rates, rapidly increasing inflation and constrained global supply chains, all continue despite more than a year into the […]
Volatility in liquefied natural gas prices the start of more to come, Qatar warns
We could be entering a more inflationary environment for liquefied natural gas (LNG) prices, according to comments by Saad al-Kaabi, Qatari energy minister and chief executive of Qatar Petroleum, as reported by the Financial Times. The problem is the transformational impact US shale producers have had on the energy market. That resulted in a flood […]
Russia, Ukraine reach new agreement on natural gas transmission
In the short term, a new five-year gas transit agreement between Russia and Ukraine, agreed just 12 days before the current agreement is to expire, is good news for Europe, Russia and Ukraine — a rare example of pragmatism and compromise in today’s winner-takes-all approach to diplomacy. Looking for metal price forecasting and data analysis […]
OPEC, U.S. Shale Output at Odds as World Faces Tighter Oil Market
What a difference a month makes in commodity markets. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Just a month back, we reviewed the delicate balance OPEC was facing in trying to drive prices higher without having to make further cuts in output. It seemed every time they squeezed the […]
Are Natural Gas Prices Due for a Shakeup?
Futures markets are suggesting the currently benign level of natural gas price volatility may not remain through the winter months. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook According to the Financial Times, market volatility this year has been the lowest on record despite inventory levels falling 19.5% below average and […]
Liquefied Natural Gas Prices Hold Firm Despite New Supply
With major new projects coming onstream in Australia and the rising output from the U.S. shale producers, the global liquefied natural gas (LNG) market was widely predicted to enter a period of oversupply between 2015-2020, with total supplies growing almost 50%. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook But somewhat to everyone’s […]
Germany’s thyssenkrupp wins contract to build 88 MW water electrolysis plant in Quebec
German steelmaker thyssenkrupp has won a contract to build an 88 megawatt (MW) water electrolysis plant for Canadian energy company Hydro-Québec, the firm announced Monday. “This project is an excellent illustration of how important the interaction of secure access to competitive renewable energy and the use of scaled technology for hydrogen production is,” said Sami […]
US will release 50 million barrels of oil from its strategic reserves — will it affect prices?
Well, so far, the simple answer to the question posed in the headline is “no.” On Tuesday, the White House announced the Department of Energy will “make available releases of 50 million barrels of oil from the Strategic Petroleum Reserve to lower prices for Americans and address the mismatch between demand exiting the pandemic and […]
