Boil ETF News

President Vladmir Putin’s decision to invade Ukraine coupled with ever-stricter sanctions being imposed on Russia, existing supply constraints and growing post-pandemic saw crude oil prices soar to record highs. The latest geopolitical events coupled with Europe’s energy crisis as well as key dependence on Russian oil and natural gas imports has Washington seeking alternate sources of crude oil. Pressure to find alternate sources of supply is magnified by the White House’s ban on Russian oil imports.In what could be construed…

CALGARY, AB , March 15, 2022 /CNW/ - (TSX: PMT ) – Perpetual Energy Inc. ("Perpetual", or the "Company") is pleased to release its fourth quarter and year-end 2021 financial and operating results and a summary of the Company''s year-end 2021 reserves as reported by the independent engineering firm McDaniel and Associates Consultants Ltd. ("McDaniel"). A complete copy of Perpetual''s audited consolidated financial statements, Management''s Discussion and Analysis ("MD&A") and Annual Information Form for the year ended December 31, 2021 are available through the Company''s website at www.perpetualenergyinc.com and SEDAR at www.sedar.com . Perpetual is also pleased to announce the appointment of Linda Dietsche to the Board of Directors. Linda has extensive finance and accounting experience, including executive leadership in the oil and gas environmental services industry. We look forward to the added depth and expertise that Linda will bring to the Company''s financial stewardship and strategic initiatives.

The US natural gas storage withdrawal season looks to end earlier than usual as a forecast shows the week in progress likely features the final net draw of the heating season.

Prices slip on warm weather as demand slows

German trade with Russia was up on the year but an increase in prices for crude oil and natural gas led to an import surplus of $2 billion in January

Images of bombed-out hospitals and apartment buildings across Ukraine reminded Jannie and Bert Schrage of their home country during World War Two. Then the retired couple, who live in the north of the Netherlands, realised they had a resource to help slow President Vladimir Putin''s campaign – natural gas.

The government on Tuesday said it is keeping a close watch on evolving geopolitical developments and would make ''calibrated interventions'' to keep fuel prices under control to safeguard the interest of the common man. Minister of State for Finance Pankaj Chaudhary said crude petroleum and natural gas, fuel & power subgroup in the Wholesale Price Index (WPI) is directly related to the fluctuations in the prices of crude oil. To a question in the Rajya Sabha on whether the government will cut excise duty to keep fuel price escalation due to the Ukrainian crisis in control, Chaudhary said the public sector oil marketing companies (OMCs) take appropriate decisions on pricing of petrol and diesel in line with their international product prices, exchange rate, tax structure, inland freight and other cost elements etc. "Government is keeping a close watch on these factors and the evolving geopolitical developments and would make calibrated interventions as and when required to safeguard .

The government on Tuesday said it is keeping a close watch on evolving geopolitical developments and would make ''calibrated interventions'' to keep fuel prices under control to safeguard the interest of the common man. Minister of state for finance Pankaj Chaudhary said crude petroleum and natural gas, fuel & power subgroup in the wholesale price index (WPI) is directly related to the fluctuations in the prices of crude oil.

Johnson underscored his drive for energy independence, saying West''s failure to wean itself from Russian oil and natural gas after the annexation of Crimea paved the way for the invasion of Ukraine.

The U.S. has a big supply of natural gas, and a limited capacity to export it. That means U.S. consumers pay relatively cheap prices.

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U.S. natural gas prices could weaken over the short-run with traders already pricing in higher production and lower demand.

The weather is expected to remain warmer than normal for the next 2-weeks

The Aayog has sent its gas price reform proposal to the petroleum ministry for consultation. It also wants natural gas included in the ambit of the goods and services tax (GST), said the people.

Natural gas prices fell across the globe as the week got underway, tempered by another round of talks between Russia and Ukraine, along with milder