AlaronEnergies.com is one of the most
comprehensive commodities
broker websites dedicated to energies trading. With up-to-the-minute news,
commentary, market pricing and weather information, AlaronEnergies.com
stands as an invaluable tool for energy
analysis and trading energy contracts.
Unbiased source for real-time
natural gas analysis, information, and news.
New analysis tools provide
the information advantage to manage risk of high natural gas
prices.
Relates summer heat
waves and winter cold snaps to natural gas
supply
On top of all
of this, we, with the help of Phil
Flynn our expert energies analyst, offer
in depth research and services on all of the
following:
DJ ENERGY MATTERS: Crude's Wild Ride Won't End With Dec Expiry
NEW YORK (Dow Jones)--The wildest ride ever in crude oil futures prices is about to come to an end. But the expiration of the Nymex December-delivery crude contract on Thursday doesn't mean the volatile oil market will calm down anytime soon. Full Story
OPEC Output Cut Could Push Crude Over $80 a Barrel Nov. 19 (Bloomberg) -- A ``significant'' reduction in OPEC's oil production may drive the average price of crude back above $80 a barrel next year, aiding the Russian economy, according to OAO Lukoil. Full Story
US House panel backs Waxman as energy chairman WASHINGTON, Nov 19 (Reuters) - Rep. Henry Waxman of California narrowly won a preliminary contest on Wednesday to replace Rep. John Dingell of Michigan as chairman of the U.S. House of Representatives Energy and Commerce Committee. Full Story
DJ Saudi Foreign Min: Tanker Owners Negotiating Ransom - BBC LONDON (Dow Jones)--The owner of the Sirius Star, the Saudi oil supertanker hijacked by Somali pirates, is negotiating a possible ransom, the BBC reports on its Web site Wednesday, citing the Saudi foreign minister. Full Story
OPEC might not act at November meeting -Ecuador QUITO, Nov 18 (Reuters) - OPEC member nations might not decide yet to slash production at the group's next meeting in late November, Ecuadorean Oil Minister Derlis Palacios told Reuters on Tuesday. Full Story
Financial
DJ US NATURAL GAS INVENTORY SURVEY: No Change In Storage Seen
NEW YORK (Dow Jones)--Analysts and traders expect government data scheduled for release Friday to show no change in U.S. natural gas inventories, with cold weather in the parts of the U.S. Northeast and Midwest last week curbing injections into storage. Full Story
Natural Gas Rises as Lower Temperatures Seen Boosting Demand Nov. 19 (Bloomberg) -- Natural gas in New York rose on speculation a blast of cold weather will linger longer than anticipated, boosting heating demand and prompting a draw down in supplies stored for the U.S. winter. Full Story
Releases
Mexico's Pemex Seeks More Offshore Rigs For Cantarell MEXICO CITY (Dow Jones)--Petroleos Mexicanos, or Pemex, is expanding its drilling fleet in the shallow waters of the Campeche Sound to boost activity at the country's most prolific oil fields. Full Story
Halliburton says revenue growth to slow in '09
HOUSTON, Nov 19 (Reuters) - Halliburton Co (HAL.N) will struggle in 2009 to meet its long-term goal of increasing revenue by 20 percent on an annual basis due to commodity price volatility and the global financial crisis, the company's chief financial officer said on Wednesday. Full Story
Dana Petroleum sees 2008 output rising 30 percent Nov 19 (Reuters) - Oil and gas explorer Dana Petroleum Plc (DNX.L) said on Wednesday it expects its production for 2008 to rise 30 percent from last year and it will complete drilling on 11 exploration wells by the end of the year. Full Story
Marathon says Texas City crude unit restarted NEW YORK, Nov. 19 (Reuters) - Marathon Oil Corp (MRO.N) said Wednesday it has restarted a 52,000 barrel-per-day crude unit at its refinery in Texas City, Texas, after the unit was shut due to a small Nov. 3 pump fire. Full Story
