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Top News In Big Oil Eyes Wave Today - Breaking & Trending Today

How Qatar Plans To Dominate LNG Markets

12 hours
Tanker Rates Surge After U.S. Fuel Pipeline Outage
13 hours
Jet Fuel Demand Rebound Needs Return Of International Flights
15 hours
Nuclear Reactions At Chernobyl “Cause for Concern”
16 hours
Mexico s New Fuel Nationalization Law Hits Another Wall
17 hours
PDVSA Reveals How Much Cash It Would Take To Fully Restore Oil Industry
1 day
How Long Will The Colonial Pipeline Outage Last?
1 day
Texas Freeze Led To Biggest Monthly Drop In U.S. Natural Gas Output
2 days
South Africa’s Emergency LNG-To-Power Deals Land In Hot Water
2 days
Traders Scramble To Buy Gasoline From Europe After U.S. Pipeline Outage
2 days
European Oil Imports Surge In April ....

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Can Libya's Oil Industry Make A Comeback In 2021?

15 hours
$150 Billion In Stolen Oil Money Smuggled Out Of Iraq
16 hours
EU Looks To Tax Jet Fuel In Push To Cut Emissions
17 hours
People Protest Over Lack Of Jobs In Gulf Oil Producer Oman
19 hours
Rising Saudi Exports Drive OPEC Shipments Increase In May
20 hours
Dakota Access To Remain In Operation, Judge Rules
21 hours
High Profile Merger Creates A New $17 Billion Shale Giant
4 days
North Dakota Supreme Court Decides In Favor Of Oil Firms In Royalties Case
4 days
Gasoline Shortages Still Lingering Post-Colonial Pipeline Hack
4 days
California Requires Most Uber And Lyft Trips To Be Electric By 2030
4 days
China Bans Teslas At Government Compounds ....

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10May2021 Pre-Market Commentary: Wall Street To Open Mixed As Soaring Commodities Depress Tech Stocks, DOW Up 125 Points, Nasdaq Down 0.2%, WTI Crude 65.38, Gold 1842, Dogecoin Slips To 0.51

Authored by Charles Hugh Smith via OfTwoMinds blog,
But weirdly, and irrationally, bubbles pop anyway.
At long last, the moment you ve been hoping for has arrived: you re pitching your screenplay to a producer.Â Your agent is cautious but you re confident nobody else has concocted a story as outlandish as yours. Your agent gives you the nod and you re off and running:
Writer: Two guys start a cryptocurrency as a joke to parody the crypto craze, and they name it KittyCoin. It goes nowhere but then the greatest speculative bubble of all time takes off, it s the dot-com and housing bubble times 100 but in everything, and within a couple months the entire economy is dependent on this bubble, and the bubble is dependent on KittyCoin, which has shot up 15,000 percent in a few weeks. A celebrity CEO who s been promoting KittyCoin is invited to host a failing TV variety show, and now the whole economy depends on KittyCoin soaring even higher. ....

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The Future Of U.S. LNG: Only The Biggest Will Survive

2 days
China Cracks Down On Tax Loopholes In Blending Fuels Imports
2 days
Rosneft Swings BackTo Profit In Q1 2021
2 days
Louisiana s Democrat Governor Urges Washington To Resume Oil Leases
2 days
Valero Receives Waiver To Ship Oil And Fuels To U.S. East Coast
3 days
Senator Introduces Bill To Compensate Oil-States During Energy Transition
3 days
BP Shareholders Reject Emission-Cutting Resolution
3 days
Tesla Stops Accepting Bitcoin As Payment
3 days
Chevron Halts Gas Field Off Israel As Violence Flares Up
3 days
Oil & Gas Deals In Middle East And Africa Slump By 33% In Q1
3 days
Colonial Pipeline Paid Hackers Nearly $5 Million In Ransom After Attack ....

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10May2021 Midday Update: Cyberattack Shuts Down Major US Gasoline Pipeline, DOW Up 265 Points, Nasdaq Slides -1.2%, Bitcoin Gains 58400, Dogecoin Down $0.50, US Dollar Down 90.06

Gasoline futures jump to highest in nearly 3 years on pipeline cyberattack (SPY +0.1%). U.S. Covid cases down 30% over past two weeks and the dollar is sliding after the horrible April jobs report.
Here is the current market situation from CNN Money
North and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 1.21%, while the IPC led the S&P 500 lower. They fell 1.14% and 0.06% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
The Future Of U.S. LNG: Only The Biggest Will Survive
Liquefied natural gas was a big thing a couple of years ago in the United States. With so much cheap gas coming out of the ground thanks to hydraulic fracturing, the U.S. had more than enough not just for its domestic needs but also for gas-thirsty neighbors and far-off buyers such s China and South Korea. LNG was to be one of the weapons of U.S. energy dominance during the Trump administration, and ....

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