NYMEX crude financial contracts for the West Texas Intermediate (WTI) exceeded the Intercontinental Exchange’s (ICE) Brent Crude for the first time in three years on Friday by 3 cents. At the time of writing, WTI was reasserting its benchmark dominance as the spread between it and Brent disappeared. Limited pipeline access has been the main […]
Gas markets around the world have undergone some major shifts in the past decade. Production and storage levels have risen to historic levels in North America, where speculation over liquefied natural gas has reached fever pitch. Add environmental and political concerns to the mix, and you have a recipe for a lot of misinformation across […]