Oil prices recover on tight supply bets even as M.East fears clear
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What's next for natural gas prices? Goldman Sachs weighs in
April 25, 2024 8:53 AM EDTRecent trends in the natural gas market suggest a potential moderation in Henry Hub prices, according to insights from Goldman Sachs. Henry Hub is a natural gas pipeline located in Erath, Louisiana. It serves as the official delivery location for futures contracts on the New York Mercantile Exchange (NYMEX).
Goldman Sachs explains that despite US gas production slightly lagging behind expectations, particularly in the Gulf region, a combination of factors, including maintenance activities, well shut-ins, and production declines driven by low investments have influenced market... More
Wolfe discusses what is the 'war premium' in current oil prices
April 23, 2024 11:39 AM EDTIn a note to clients Tuesday, analysts at Wolfe Research assessed the "war premium" in oil prices, noting that today, the exercise is made simpler by the fact that the oil market is relatively balanced.
The investment firm states: "We know there is some "war premium" in oil markets because there... More
