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It costs more than $200,000 a day for traders to ship liquefied natural gas as tanker supply dwindles

Tue, 08/01/2023 - 06:09

Tech Insider

ConocoPhillips — Tankers carrying liquid natural gas.
ConocoPhillips

Markets, MI Exclusive, Tankers, Gas, lng, Russian tankers, Crude Oil

Russia's tax hike on the oil and gas industry will be destructive to a key piece of its economy

Mon, 05/08/2023 - 13:39

Tech Insider : Economy

Vladimir Putin in a meeting — Russian President Vladimir Putin.
Mikhail Klimentyev, Sputnik, Kremlin Pool Photo via AP

Markets, MI Exclusive, Russia, Sanctions, Energy Sector, Oil, Gas

The US economy is slowing down. Just look at the freight recession that's sent diesel prices tumbling.

Wed, 04/26/2023 - 10:45

Tech Insider

truck driver uber freight — Courtesy of Uber Freight
Truck drivers move 70% of America's goods by weight.

Markets, MI Exclusive, Truck, freight, Recession, downturn, economic outlook

A full phaseout of Russian liquefied natural gas is possible for some EU states, energy commissioner says

Wed, 04/19/2023 - 15:59

Tech Insider

LNG (liquefied natural gas) tanker 'Golar Igloo' arrives in the port of Eemshaven, north of Groningen, on September 4, 2022. — The 'Golar Igloo' natural gas tanker arrived in the Netherlands on September 4.
Siese Veenstra/ANP/AFP via Getty Images

Markets, MI Exclusive, lng, Russian energy exports, Gas, Europe, Ukraine War

A huge team of scientists helped Citadel generate $8 billion from commodities bets in 2022

Mon, 03/06/2023 - 11:17

Tech Insider

Ken Griffin — Citadel's Ken Griffin
Heidi Gutman/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images

Markets, MI Exclusive, Ken Griffin, Citadel, Gas Prices, Oil, Gas

Russia set to mothball ruptured Nord Stream pipelines in a sign that Moscow has given up on Europe as a key buyer

Fri, 03/03/2023 - 10:59

Tech Insider

Nord Stream 2 Baltic Sea pipeline — Nord Stream pipelines.
Photo by Bodo Marks/picture alliance via Getty Images

Markets, MI Exclusive, Russia, russian gas, Russian Oil, Nord Stream, Nord Stream 2

Russian oil revenue has been hurt by effective EU price caps even as Moscow has been resilient with exports, says IEA

Thu, 02/16/2023 - 11:22

Tech Insider

Russian Prime Minister Vladimir Putin and CEO of Russian natural gas giant Gazprom Alexei Miller attend a ceremony to mark the launch of the Sakhalin-Khabarovsk-Vladivostok natural gas pipeline, September 8, 2011 in Vladivostok, Russia. — Russian Prime Minister Vladimir Putin.
Sasha Mordovets/Getty Images

Markets, MI Exclusive, Oil, Russia, EU, energy, Commodities

Russia demands the US prove it didn't destroy the key Nord Stream gas pipelines to Europe

Thu, 02/16/2023 - 06:57

Tech Insider

Danish military video of bubbles in Baltic Sea where Nord Stream pipeline leaked. — Danish military video of bubbles in Baltic Sea where Nord Stream pipeline leaked.
Danish Defense Command

Markets, MI Exclusive, Baltic Sea, Nord Stream, nord stream leak, Gas, Europe

Ex-Gazprom official says decades of the Russian gas giant's work has been 'flushed down the toilet', with export revenues expected to halve this year

Tue, 02/14/2023 - 08:00

Tech Insider

Vladimir Putin Gazprom — State-owned energy company Gazprom has slashed the supply of natural gas to Europe.
AFP/Getty Images

Markets, MI Exclusive, Commodities, Natural Gas, Gazprom, Gas, Russian natural gas

American drivers are guzzling less gas as they work from home, in a potential shift for global oil: 'The heyday of gasoline is over'

Wed, 02/08/2023 - 11:37

Tech Insider

A woman holds a pump to the gas tank of a black car. — Americans are consuming less gas than before the pandemic.
Getty Images

Markets, MI Exclusive, Oil, Gas, US Markets, EIA, Gasoline

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