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Analysts bullish on 2017 outlook for natural gas

  Bloomberg Natural gas prices may have faltered in the first trading day of the year, but some analysts are still bullish on the outlook for 2017. With demand for the power-plant fuel surpassing coal for the first time in the US and exports soaring, a years-long glut from shale formations has finally been erased. Now, all natural gas needs ...

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Oil falls from 18-month high amid Dollar gains, OPEC doubts

  Bloomberg Oil fell from the highest level since July 2015 as the dollar strengthened while doubts persisted about the ability of OPEC and its partners to balance the market. Futures slipped on the first trading day of 2017 after rising 45 percent last year, the biggest annual gain since 2009. Prices touched an 18-month high earlier as output cuts ...

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Oil trader Gunvor sues Cerberus over failed Chevron bid

  Bloomberg Oil trader Gunvor Group is suing Cerberus Capital Management alleging that the private equity firm is refusing to pay its share of costs incurred when the two companies made a failed $650 million bid for Chevron Corp. assets in South Africa. While a relatively small amount of money is at stake, the suit sheds light on the acquisition ...

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