Oil and gas energy news
A Reuters guide to Oil and gas energy news
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The global energy market is an important barometer of the condition of the world's most powerful economies. The sharp rise in demand for oil, gas and petroleum products by developing countries such as China, coupled with concerns that energy demand will outstrip supplies has led to the highest oil (and gas?) prices in years.
Oil and gas price fluctuations affect everyone. Because they do, a wide range of decision-makers needs to keep abreast of news which moves the oil and gas energy markets. These include traders, brokers and merchants working in the oil and gas financial markets, government policy makers, oil and gas producers, utility companies and other industrial consumers of oil, gas and petroleum products.
The oil and gas energy markets deal in cash/physical products as well as in exchange-traded futures contracts. To operate effectively in these energy markets, whether trading on their own accounts, focusing on trading or hedge strategies for their customers or matching buyers and sellers of physical products, traders, brokers and merchants need real-time oil and gas price data and breaking news. And they also need in-depth analysis to bring context to the news and transparency to oil and gas prices.
To assess whether production, stocks and estimated reserves of oil and gas will meet the world's energy needs, the energy markets require news of anything likely to affect supply and demand - from wars and political unrest to OPEC quotas, tenders, refinery or gas field outages, maintenance issues, strikes, natural disasters and pipeline operations. They also need regular oil and gas inventory data and coverage of announcements by government and energy industry representatives.
News on energy companies matters to the market and also to equities analysts covering the sector. They look for news on results, mergers and acquisitions and other developments likely to impact performance.
Reuters has a long history in serving the global commodities and energy markets. As the largest international news organisation in the world, it has unrivalled global reach and access to newsmakers in the oil, gas and power markets. Its expertise in political and general news complements its oil, gas and power energy news. Reuters has a 60-strong team of specialist energy reporters providing news and market insight in 19 languages including English, Spanish, Russian, Japanese and Chinese. Reuters energy news service draws on the output of its entire news network of 2,300 editorial staff.
