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☆ Oil falls 3% on U.S. rate hike expectations, strong U.S. dollar
▼ + stars: | 2023-03-07 | by ( Laila Kearney | ) www.reuters.com time to read: +2 min

Brent crude futures shed $2.35, or 2.7%, to $83.83 a barrel by 1:05 p.m. EST (1805 GMT) . U.S. West Texas Intermediate crude dropped by $2.48 a barrel, or 3%, at $77.98. Prices sank after Powell told Congress the Fed would likely need to increase rates more than expected in light of recent strong economic data. More pressure came from a contraction in China's exports and imports in January and February, including crude oil imports, despite a lifting of COVID-19 restrictions. The American Petroleum Institute's weekly report is due at 2130 GMT on Tuesday, with U.S. Energy Information Administration data following at 1530 GMT on Wednesday.

☆ Oil charts point toward an upside breakout, says Again Capital's John Kilduff
▼ + stars: | 2023-03-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOil charts point toward an upside breakout, says Again Capital's John KilduffJohn Kilduff, Again Capital founding partner, joins 'The Exchange' to discuss the energy trade.

☆ The Russia-Ukraine war remapped the world's energy supplies, putting the U.S. at the top for years to come
▼ + stars: | 2023-03-03 | by ( Patti Domm | In | ) www.cnbc.com time to read: +3 min

Russia's invasion of the Ukraine a year ago has shifted global energy supply chains and put the U.S. clearly at the top of the world's energy exporting nations. The U.S. story is part of a larger remapping of world energy," said Daniel Yergin, vice chairman of S&P Global. "What we're seeing now is a continuing redrawing of world energy that began with the shale revolution in the United States. "The price of global natural gas spiked but came back down. According to the Department of Energy, the U.S. has been an annual net total energy exporter since 2018.

☆ Oil falls as earthquake impact on crude eases, rate hike fears rise
▼ + stars: | 2023-02-09 | by ( Laila Kearney | ) www.reuters.com time to read: +2 min

Brent crude settled at $84.50 a barrel, losing 59 cents, or 0.7%. U.S. crude stocks rose last week to 455.1 million barrels, their highest since June 2021, the Energy Information Administration reported on Wednesday, which also pushed oil prices lower. The prospect of stronger demand from China provided some support to oil prices, as the world's second largest oil consumer ended more than three years of stringent zero-COVID policy. "Overall, this should push global demand up by 2.1 million barrels a day in 2023." A weaker U.S. dollar, which typically trades inversely with oil, also helped limit losses in crude prices.

☆ U.S. crude stocks rise as production climbs to highest since April 2020
▼ + stars: | 2023-02-08 | by ( Arathy Somasekhar | ) www.reuters.com time to read: +2 min

HOUSTON, Feb 8 (Reuters) - U.S. crude oil stocks rose last week to their highest level since June 2021, helped by higher production, the Energy Information Administration said on Wednesday. Crude inventories (USOILC=ECI) rose by 2.4 million barrels in the week ended Feb. 3 to 455.1 million barrels, close to the 2.5 million-barrel rise that analysts expected in a Reuters poll. U.S. oil production rose 100,000 barrels to touch 12.3 million, its highest since April 2020. Crude stocks at the Cushing, Oklahoma, delivery hub (USOICC=ECI) rose by 1 million barrels in the last week while net U.S. crude imports (USOICI=ECI) rose by 367,000 barrels per day, the EIA said. U.S. gasoline stocks (USOILG=ECI) rose by 5 million barrels to 239.6 million barrels, the EIA said, far surpassing the 1.3 million barrel rise that analysts expected in a Reuters.

☆ Kilduff: There is no greater group at evading all the oil sanctions than the world's big oil producers
▼ + stars: | 2023-02-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKilduff: There is no greater group at evading all the oil sanctions than the world's big oil producersAgain Capital's John Kilduff discusses the latest round of EU sanctions on Russian diesel and other oil products, and the potential implications for global energy prices.

Brent crude futures were down $2.6, or 3.5%, at $82.50 a barrel by 12:50 p.m. West Texas Intermediate (WTI) U.S. crude futures fell $2.67, or 3.4% to $76.20. U.S. crude oil and fuel inventories rose last week to their highest levels since June 2021, the Energy Information Administration said, as demand remained weak. "The market is reacting to the report that indicates there isn't demand for crude oil or fuels," said John Kilduff, partner at Again Capital LLC in New York. Elsewhere, Russia's Deputy Prime Minister said he expected oil demand to rise on the back of Chinese economic activity.

☆ Oil prices settle lower on stronger supply outlook
▼ + stars: | 2023-01-27 | by ( ) www.cnbc.com time to read: +2 min

OPEC+ has recently hinted it could impose deeper output cuts to spur a recovery in crude prices. Oil prices settled lower on Friday, making their weekly finish flat to lower, as indications of strong Russian oil supply offset better-than-expected U.S. economic growth data, strong middle distillate refining margins and hopes of a rapid recovery in Chinese demand. U.S. crude fell $1.33, or 1.6 %, to settle at $79.68, 2% lower on the week. "If Russian supply remains strong heading into next month, oil is probably going to continue to trend lower," said John Kilduff, partner at Again Capital LLC in New York. He added that profit taking ahead of the weekend may also have driven prices lower.

☆ Stocks may face an inflection point in the week ahead as the Fed meets and Apple posts earnings
▼ + stars: | 2023-01-27 | by ( Patti Domm | In | ) www.cnbc.com time to read: +9 min

The Fed's meeting Tuesday and Wednesday comes amid a flood of corporate earnings reports, with about 20% of the S & P 500 reporting that week. The most important day for earnings is Thursday, when Apple , Alphabet and Amazon report after the bell. The Nasdaq Composite was up 11% for the month as of Friday afternoon, well ahead of the 6.2% gain in the S & P 500. Traders have been watching the S & P 500 edge closer to the key threshold of 4,100 , its high from December. AAPL 1Y line apple Apple is also important because of the signals it can send about the strength of the consumer, supply chains and China's reopening.

☆ China's battle with the natural gas shortage
▼ + stars: | 2023-01-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's battle with the natural gas shortageFred Kempe, Atlantic Council president and CEO, and John Kilduff, Again Capital founder, join 'The Exchange' to discuss China's natural gas crisis.

☆ Oil prices rally to highest close since Dec. 1 on China optimism
▼ + stars: | 2023-01-19 | by ( ) www.cnbc.com time to read: +2 min

Smoke rises from a Saudi Aramco oil facility in Saudi Arabia's Red Sea coastal city of Jeddah, on March 26, 2022. Oil prices settled 1% higher on Thursday, extending a recent rally built around rising Chinese demand, while the market wrote off a second straight week of large builds in U.S. crude inventories. Oil prices were down by more than a dollar per barrel earlier in Thursday's session, as traders booked profits and U.S. data showed the economy losing momentum. Both oil benchmarks hit their highest level in more than a month on Tuesday. "All roads seem to lead back to the same input - rising Chinese demand," said John Kilduff, partner at Again Capital LLC in New York.

[1/2] The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. U.S. natural gas tumbled about 18% in the first week of January, the biggest slide on record to start a year, according to Refinitiv Eikon data. The 12% drop in distillate futures , was the biggest dive to start a year since 1991. In natural gas, U.S. futures fell further on Friday, dropping 5% to $3.52 per million British thermal units during the session, its lowest since July 2021. This week, it forecast U.S. natural gas prices would drop to $4.00-$4.20 per million British thermal units in the second quarter through third quarter.

☆ Nat gas prices decline because of recent spate of warmer weather, says Again Capital's Kilduff
▼ + stars: | 2023-01-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNat gas prices decline because of recent spate of warmer weather, says Again Capital's KilduffJohn Kilduff, Again Capital founding partner, joins 'Squawk Box' to discuss how long natural gas prices will remain relatively low, if the same natural gas pattern in the U.S. is happening in Europe and more.

☆ Oil expected to stay volatile in 2023, but the price could depend on China reopening
▼ + stars: | 2022-12-28 | by ( Patti Domm | In | ) www.cnbc.com time to read: +10 min

Keeping a lid on prices Oil futures fell Wednesday amid signs that China is moving ahead to normalize its economy, with the removal of border and travel restrictions. Russia's invasion of Ukraine was the biggest shock to the oil market in the past year, sending prices spiking in the first quarter. Under some scenarios, a strong reopening in China could drive oil close to about $120 if supply is short. The latest efforts to penalize Russia were Europe's ban on seaborne oil, as of Dec. 5, as well as a G-7 price cap on the price Russia can receive for its oil. Morse said more oil supply is coming on line from the U.S. and other Western Hemisphere producers in 2023.

☆ It's like the Wild West these days in terms of pricing natural gas, says Again Capital's John Kilduff
▼ + stars: | 2022-12-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's like the Wild West these days in terms of pricing natural gas, says Again Capital's John KilduffJohn Kilduff, Again Capital founder, joins 'Squawk on the Street' to discuss the energy sector in 2023, geopolitical vulnerabilities impacting energy markets and temperature changes destabilizing natural gas pricing.

☆ Oil gives up earlier gains
▼ + stars: | 2022-12-08 | by ( ) www.cnbc.com time to read: +2 min

Brent crude lost 50 cents, or 0.7%, to $76.67 a barrel, while U.S. West Texas Intermediate (WTI) crude shed 16 cents, or 0.2%, to $71.85. Oil prices rose after the company announced the closure, which occurred at about 8 p.m. CT Wednesday (0200 GMT Thursday), but market sentiment has since shifted. While U.S. crude inventories fell last week, gasoline and distillate inventories surged, adding to concern about easing demand. Both Brent and U.S. crude hit 2022 lows on Wednesday, unwinding all the gains made after Russia's invasion of Ukraine exacerbated the worst global energy supply crisis in decades and sent oil close to its all-time high of $147. The queues suggest that "available supply from the Black Sea is already affected by the punitive measure," said Tamas Varga of oil broker PVM.

☆ OPEC+ will not cut production and 'sit tight' for now, says Again Capital's John Kilduff
▼ + stars: | 2022-12-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOPEC+ will not cut production and 'sit tight' for now, says Again Capital's John KilduffFormer U.S. Sen. Heidi Heitkamp and John Kilduff, Again Capital founder and a CNBC contributor, join CNBC's 'Squawk Box' to discuss what they expect from the forthcoming OPEC+ meeting, U.S. energy policy and more.

☆ A market mystery: Energy stocks are still riding high even as crude oil tumbles
▼ + stars: | 2022-11-30 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

Traders are watching oil vs. oil stocks and thinking something has to give. Energy bulls insist supplies will remain tight and oil prices will likely be higher in 2023. Variable dividends Lower oil prices are not just a threat to profits: many oil companies have instituted variable dividends, where the variable portion of the payouts are dependent on cash flow. Companies with a variable dividend include Pioneer (PXD), ConocoPhillips (COP), Devon Energy (DVN), Diamondback Energy (FANG), and Coterra Energy (CTRA). The downside: No one is sure what the total payout (the fixed dividend plus the "variable" dividend) will be from quarter to quarter.

☆ Defying forecasts, crude oil prices have wiped out most of this year's gains and could head lower
▼ + stars: | 2022-11-28 | by ( Patti Domm | In | ) www.cnbc.com time to read: +6 min

Aimee Dilger | ReutersOil prices are defying expectations and are barely higher on the year, as the outlook for oil demand continues to deteriorate for now. Higher oil prices next year? Analysts expect oil prices to increase next year. Morse said market dynamics have changed and oil demand growth will be smaller as a percentage of gross domestic product. "We are also looking for the peak of oil demand in this decade.

☆ Kilduff: We are facing a supply cliff from Russia when the EU embargo kicks in next month
▼ + stars: | 2022-11-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKilduff: We are facing a supply cliff from Russia when the EU embargo kicks in next monthJohn Kilduff, Founding Partner at Again Capital, joins Worldwide Exchange to discuss the outlook for oil ahead of OPEC's December meeting.

☆ Oil rebounds from early plunge after Saudis deny OPEC+ output report
▼ + stars: | 2022-11-21 | by ( Laila Kearney | ) www.reuters.com time to read: +3 min

Brent crude futures for January settled at $87.45, shedding 17 cents. U.S. West Texas Intermediate (WTI) crude futures for December settled at $79.73 a barrel, falling 35 cents ahead of the contract's expiry later on Monday. Oil then retraced its losses after Saudi Arabian energy minister Prince Abdulaziz bin Salman said the kingdom is sticking with output cuts and not discussing a potential oil output increase with other OPEC oil producers, state news agency SPA reported, denying the Journal report. Expectations of further increases to interest rates have buoyed the greenback, making dollar-denominated commodities like crude more expensive for investors. The front-month Brent crude futures spread narrowed sharply last week while WTI flipped into contango, reflecting dwindling supply concerns.

☆ Oil prices rebound from early dive as reports vary on OPEC+ output
▼ + stars: | 2022-11-21 | by ( Laila Kearney | ) www.reuters.com time to read: +3 min

Brent crude futures for January fell 77 cents, or 0.9%, to $86.85 a barrel by 12:54 p.m. EST (1754 GMT) . U.S. West Texas Intermediate (WTI) crude futures for December were down 58 cents, or 0.7%, at $79.50 ahead of the contract's expiry later on Monday. Oil retraced most losses after Saudi Arabian energy minister Prince Abdulaziz bin Salman said the kingdom is not discussing a potential oil output increase with other OPEC oil producers, state news agency SPA reported, denying the Journal report. Expectations of further increases to interest rates have buoyed the greenback, making dollar-denominated commodities like crude more expensive for investors. The front-month Brent crude futures spread narrowed sharply last week while WTI flipped into contango, reflecting dwindling supply concerns.

☆ Oil falls on easing geopolitical tensions, China demand outlook
▼ + stars: | 2022-11-17 | by ( Arathy Somasekhar | ) www.reuters.com time to read: +2 min

"Thankfully, those fears have abated and the situation de-escalated, which has seen oil gains unwound," said Craig Erlam, senior market analyst at OANDA. Brent crude fell $2.13 to $90.73 a barrel, a 2.3% loss, by 10:58 a.m. China reported rising daily COVID-19 infections and Chinese refiners have asked to reduce Saudi crude volume in December, Reuters has reported, while also slowing Russian crude purchases. "Struggling Chinese consumption is embodied in sinking domestic need for both Russian and Saudi crude oil," said Tamas Varga of oil broker PVM. Oil gained some support from official figures that U.S. crude stocks fell by a bigger than expected 5 million barrels in the most recent week.

ETNEW YORK, Nov 15 (Reuters) - Oil prices rose on Tuesday along with major stock indexes, after U.S. data signaled that inflation could be starting to subside, which would be a positive for oil demand. U.S. West Texas Intermediate crude rose $1.18, or 1.4%, to $87.05. "The inflation data was positive in a way. In U.S. supply, crude oil stocks are expected to have dropped by about 300,000 barrels in the week to Nov. 11, a Reuters poll showed on Monday ahead of reports from the American Petroleum Institute due at 4:30 p.m. Investment bank JPMorgan cut its quarterly and full-year forecasts for economic growth in China.

☆ John Kilduff and Amrita Sen break down forecasts for global energy prices and demand
▼ + stars: | 2022-11-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJohn Kilduff and Amrita Sen break down forecasts for global energy prices and demandAmrita Sen, founder and director of research at Energy Aspects, and John Kilduff, Again Capital founder and a CNBC contributor, join CNBC's 'Squawk Box' to break down their expectations for energy prices ahead of the winter months. "We're going into the crunch," Kilduff tells CNBC. "The winter... it could be horrific in terms of prices."

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