Tag Archives: within

After record injections, natural gas storage levels now within 7% of 5-year average

November 7, 2014 Source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report Working natural gas in storage ended October at 3,571 billion cubic feet (Bcf), a record increase of 2,734 Bcf during the April 1 to October 31 injection season, and within 7% of the average of the last five end-of-season storage levels. While […]

Average Brent crude oil prices trade within $5 per barrel range for 13 months in a row

August 21, 2014 Source: U.S. Energy Information Administration Brent crude oil spot prices averaged $ 107 per barrel (bbl) in July, marking the 13th consecutive month in which average Brent crude oil prices were between $ 107/bbl and $ 112/bbl (see graph above). Although supply growth from non-OPEC countries has outpaced world consumption in the […]

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