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Oil surges into the close to settle above $50, posts best monthly gain since April 2016

Reposted from https://www.cnbc.com/2017/07/31/oil-rises-above-50-for-first-time-in-2-months--then-retreats.html U.S. crude closed above $50 a barrel for the first time in more than two months. WTI crude initially turned lower after touching the $50 milestone, but surged into the close of Monday's trading session. Traders have been raising their bullish bets on oil in recent weeks. Tom DiChristopher | @tdichristopher Monday, 31 … Continue reading Oil surges into the close to settle above $50, posts best monthly gain since April 2016

Shell: Global LNG demand to rise 4-5%/year to 2030

HOUSTON, Feb. 20 02/20/2017 By OGJ editors  http://www.ogj.com/articles/2017/02/shell-global-lng-demand-to-rise-4-5-year-to-2030.html           Global demand for natural gas is expected to increase 2%/year between 2015 and 2030, with LNG demand expected to rise at twice that rate at 4-5%/year, according to Royal Dutch Shell PLC’s first LNG Outlook. Shell inherited the outlook following its acquisition of BG Group PLC. The report, … Continue reading Shell: Global LNG demand to rise 4-5%/year to 2030