Enverus’s analysis of infrared data collected from NOAA’s Visible Infrared Imaging Radiometer Suite (VIIRS) platform suggests that August may be a record month for flaring in the Permian Basin, but relief is in sight in the form of the Gulf Coast Express pipeline. As oil production has…

Natural gas storage inventories increased 59 Bcf for the week ending August 16, according to the EIA’s weekly report. This is below the market expectation, which was an injection of 65 Bcf. Working gas storage inventories now sit at 2.797…

The share of electricity generation from noncombustible renewable energy sources—solar, wind, hydro, and geothermal—for power generation is increasing. To compare the energy consumption for electricity from noncombustible renewable sources with other energy sources, the U.S. Energy Information Administration (EIA) offers…

Change-point analysis method helps identify regime shifts in equities markets, quants claim Source: Risk feed

Following the announcement of a $16m settlement for market manipulation in wheat futures in the US earlier this week (see here), the CFTC has withdrawn the press release. This article on the Lexology web site by  Gary DeWaalKatten of Muchin…

Energy One Limited is the leading supplier of software and services to the wholesale energy market in Australia offering a range of products including ETRM solutions. It also acquired UK-based ETRM supplier Contigo late last year and now offers similar…

Brand change reflects strength in data analytics and focus on creating the future of energy through partnership and collaboration Austin, TX (August 22, 2019) – Drillinginfo, the leading energy SaaS and data analytics company, announced today that it has changed…

Over the last few years, ComTech has watched as DrillingInfo made a series of strategic acquisitions namely those of Datagenic, MarketView and several others to transform itself from an upstream-focused firm to a potential powerhouse across the energy industry with…

US crude oil stocks posted a decrease of 2.7 MMBbl from last week. Gasoline and distillate inventories increased by 0.3 MMBbl and 2.6 MMBbl, respectively. Yesterday afternoon, API reported a crude oil draw of 3.5 MMBbl, while reporting a gasoline…

The second new crude pipeline in as many weeks has started moving oil from West Texas to the US Gulf Coast, adding to the pool of available light sweet in the region and squeezing the price spread between the two…

(John Kemp is a Reuters market analyst. The views expressed are his own) By John Kemp LONDON (Reuters) – National Grid’s interim report into the blackout which hit Britain earlier this month provides a useful timeline of the faults and…

Exegy Inc., the leading provider of managed services and low-latency technology for market data normalization and distribution, market connectivity and price aggregation, and real-time trading signals, has today announced the addition of IMC equity liquidity venues to its global portfolio…

Today, the U.S. Energy Information Administration (EIA) launches a beta release of its new Hourly Electric Grid Monitor, a redesigned and enhanced version of EIA’s existing U.S. Electric System Operating Data website. The Hourly Electric Grid Monitor incorporates two new…

New business has apparently dried up for Brady (BRY:AIM), the commodities and energy markets trading platform provider, and that means missing forecasts this year. ‘The board has concluded that full year revenue will be circa £19m, and this will have a consequent impact on…

The art of commodity trading requires both skill and expertise to manage a wide range of exposures and then adapt to changing market conditions whilst employing an overall strategy for success. Position visibility is a crucial ingredient in this success….

The traditionally strong correlation between ferrous scrap and iron ore has been eroded by global trade upheavals and economic troubles in Turkey, the largest import market for steel scrap. Previously, the relationship between ferrous scrap and iron ore prices often…

The hard Brexit of the new Premier Boris Johnson will deal the financial industry a blow Frankfurt a.M./Magdeburg, 20 August 2019 – London is still considered as Europe’s largest financial centre; 90 percent of all derivatives traded in euros are…

It with sadness that we learned this week of the unexpected passing of Richard (Dick) Couron, CEO of Trilogy Effective Solutions, this last Saturday. Dick was truly one of the pioneers of the ETRM software category and we at ComTech…

(The opinions expressed here are those of the author, a columnist for Reuters) * LME Tin Price, Spreads and Stocks: tmsnrt.rs/2YZbF9A By Andy Home LONDON, Aug 20 (Reuters) – Fears of a global recession are rising. Industrial metals such as copper…

U.S. petroleum and natural gas production increased by 16% and by 12%, respectively, in 2018, and these totals combined established a new production record. The United States surpassed Russia in 2011 to become the world’s largest producer of natural gas…