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Natural gas storage inventories decreased 19 Bcf for the week ending March 27, according to the EIA’s weekly report. This was larger than the expected draw of 15 Bcf. Working gas storage inventories now sit at 1.986 Tcf, which is 863 Bcf above...read more
Austin, Texas (April 2, 2020) – Enverus, the leading oil & gas SaaS and data analytics company, has released its Q1 summary of M&A activity, which revealed a substantial collapse as oil prices plunged to 18-year lows. Only $770 million in U.S. upstream deals...read more
Equity markets go down 10% in a day, then stage the biggest rally ever seen. Then they go down again. Then they rally, only to lose ground in the next trading session. And oil prices? Same story. From March 5-18, prices dropped by nearly 60%. From March 18-20, prices...read more