 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 20 hours | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 4 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 20 hours | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 20 hours | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 11 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 11 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 11 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 11 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
Hedge Funds Dump U.S. Energy Stocks to Buy Crude Options
Following a rally in energy…
Profit Taking Is Putting Downward Pressure on Oil Prices
Oil prices fell this week…
Energy / Energy-General
Ford Expects Combustion Engine Production To Continue "Until 2040"
Although Ford Motor Company is aggressively pushing into the electric vehicle market, the Detroit-based auto manufacturer has zero plans to give up on the internal combustion production engine…
Libya May Reach Full Oil Production Within Days
Libya’s oilfields, under force majeure, may reopen within days, according to Libya’s oil minister, following calls by Libyan prime minister-designate Fathi Bashagha on Sunday after a meeting with various representatives…
EU Mulls Over "Smart" Sanctions On Russia
The European Union is considering "smart" sanctions against Russia's oil industry in a bid to minimize the fallout for itself while maximizing pressure on Moscow, The Times reported, citing…
Russia’s War Has Sparked A Coal Renaissance
Despite lots of talk about renewable energy acceleration, coal continues to dominate some markets. China is steadily increasing its coal output, while Indonesia looks to export to new…
Iraq's Delicate Balancing Act Between OPEC And Its Economy
Calls were made for Iraq to ramp up its oil production after OPEC refused to increase its output in line with the United States and International Energy Agency…
Reckless Anti-Satellite Missile Testing Is Leading To A Space Waste Crisis
D-Orbit has cut a deal with Beyond Gravity to deliver critical tools and structural components for the European Space Agency’s (ESA) reusable spacecraft. Satellite launch firm…
A Reason To Be Optimistic About Emissions In The Asia Pacific
A recent report found that relatively few companies in the Asia-Pacific region have adopted net-zero carbon emission strategies to date. Nevertheless, there are grounds for cautious optimism as…
U.S. Rig Count Inches Higher As Oil Rally Halts
The number of total active drilling rigs in the United States rose by 2 this week, after an increase of 4 rigs in the week prior, according to new data…
How International Organizations Could Shape Our Energy Future
International organizations like the United Nations (UN), the Organisation for Economic Cooperation and Development (OECD), and the World Economic Forum (WEF) are in many ways the…
Bearish Sentiment Drags Oil Prices Lower
While there are still plenty of supply risks that could send oil prices soaring, bearish sentiment has taken over oil markets this weak due to falling Chinese demand and the…
White House: Europe Determined To Ban Russian Energy Exports
Europe is determined to ban—fully or partially—imports of Russian oil and gas, a senior White House advisor said on Friday. Europe has been under pressure to decrease its reliance on…
Morgan Stanley Ups Oil Price Forecast On Supply Fears
Morgan Stanley revised its oil price forecast upwards for the second half of the year by $10 per barrel, citing the greater than expected supply deficit resulting from Western sanctions…
China Is Choosing Energy Security Over Its Climate Goals
In 2020, China alone was responsible for more than a third of the world’s wind and solar capacity installations. In terms of volume,…
Has The War In Ukraine Changed Oil Markets Forever?
Broken global supply chains, runaway inflation, energy shortages, and rising commodity prices. These conditions were present even before Russia invaded Ukraine. Now, everything seems to be getting worse…
The Energy Transition Has A Major Metal Problem
The metals mining industry is at a crossroads. Key energy transition metals need trillions of U.S. dollars in investment if the world has any chance of advancing the…
How Gas Flaring Fell To The Lowest Level In A Decade
Gas flaring activity in the global upstream sector sunk last year to its lowest level in a decade due to improved productivity, increased environmental awareness, and lower fuel…
U.S. Refiners Plan Rare Move Heading Into Summer
Instead of focusing on boosting the production of gasoline in the summer driving season, this year U.S. refiners will be looking to raise diesel and jet fuel runs, as the…
The Chinese Oil Stock That Soared 44% On Its First Trading Day
China’s overseas-focused state oil explorer and producer CNOOC gained 44 percent in its first day of trading in mainland China in the latest sign of growing investor appetite for oil…
EIA: U.S. Crude Production Doubled Since 2010 Because Of Horizontal Wells
More than 80 percent of oil and gas well completions in the United States were horizontal or directional in 2021, and although the total number of completed wells has fallen…
Shipping Stocks Are Exploding Amid A Commodity Supercycle
Market experts consider rising inflation and the Ukraine crisis as the two biggest market risks this year. Runaway inflation has been corroding asset values, limiting buying power and…
