International

With geopolitical tensions in the Middle East continuing to make the Suez Canal a risky crossing, almost 20% of all U.S. LNG exports have taken the longer route around southern Africa so far this year, according to data from Kpler. After conflict in Israel and Gaza sparked off in October, the threat of rocket attacks…

Markets

Natural gas futures were essentially flat through midday trading Friday, with prices seemingly lacking direction amid the competing fundamental trends of sagging export demand and fading production. Here’s the latest: May Nymex futures off fractionally at $1.756/MMBtu at around 2:30 p.m. ET U.S. drops three natural gas rigs in latest Baker Hughes Co. count The…

Natural Gas Prices

Foreseeable risks from swelling natural gas inventories and an active hurricane season in the Atlantic Basin could bring more volatility to commodity prices in the coming months, a market expert said this week at an industry conference. The looming threat of hurricanes, which forecasters are predicting to be more frequent this season, will be “an…

Earnings

Liberty Energy Inc. CEO Chris Wright said Thursday he does not expect exploration and production customers to increase their onshore natural gas activity before the end of this year, but a lack of activity will not be a stumbling block to advance future opportunities. The oilfield services (OFS) company, considered one of the leading hydraulic…