New York Mercantile Exchange

12 Dec 2012

US Government to replace WTI for crude oil prices benchmark

EIA to adopt North Sea Brent crude oil as benchmark US Government energy agency, the Energy Information Administration (EIA) published in its annual energy out look its decision to replace the historical West Texas Intermediate (WTI) crude oil traded on New York Mercantile Exchange by the European Brent listed on (more…)

Tags: Brent in London, Brent index, Canada, CAPEX, capital expenditure, commodity index S&P GSCI, creation of the OPEC organizition, crude oil, crude oil barrel price, Cushing hub in Oklahoma, Cushing to the Gulf of Mexico, depletion of the fields, downstream, EIA, Energy Information Administration (EIA), European Brent, Exploration & Production, feedstock, gas, gas pipeline, global crude oil market, ICE, Inter Continental Exchange (ICE), joint venture, low sulfur, Market Leadership, Midstream, natural gas, New York Mercantile Exchange, North Sea, OECD, offshore, Offshore technology, ogp projects, OGP projects pursuit, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil and gas, oil and gas companies, oil market, Oil news, Oil&Gas, pipeline, pipeline system, pipelines, refineries in USA, Refinery, Saudi Arabia, the Brent, transportation fuels, upstream, US Government energy agency, USA, West Texas Intermediate (WTI), WTI, WTI in New York
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09 May 2012

Henry Hub

One day - One Word

Definition The Henry hub is the pricing point for the natural gas future and spot contracts traded on the New York Mercantile Exchange (NYMEX). Physically the Henry hub is located in Erath, Louisiana, USA and belongs to the Sabine Pipeline LLC. Comments Future and spot prices set at Henry hub are denominated in $/mbtu (million of British (more…)

Tags: Broussard family, BTU, ChevronTexaco, citygates, Erath, future and spot gas contracts, Future contracts, gas, gas contracts, gas pipeline, gas prices, gas supply and demand, gas trading, Henry hub, hub, location differential, Louisiana, mBTU, Midstream, million of British Thermal Units, natural gas, natural gas market, natural gas pipeline, New York Mercantile Exchange, North America., NYMEX, ogp projects, Oil & Gas and Petrochemical glossary, pipelines, Sabine Pipeline, Sabine Pipeline LLC, trading, upstream, USA
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US Government to replace WTI for crude oil prices benchmark

Henry Hub

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