 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 1 day | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 8 hours | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 1 day | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 1 day | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 23 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 23 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 23 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 23 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 2 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 2 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 3 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Profit Taking Is Putting Downward Pressure on Oil Prices
Oil prices fell this week…
Oil Traders Hedge Geopolitical Risk With Record Options
Call options are currently trading…
Energy / Energy-General
French Power Prices Spike To €3,000 Per Megawatt-Hour Following Cold Snap
A cold snap swept across France Monday morning, forcing the country's electricity grid manager to request businesses and households to reduce power consumption as energy prices spiked. This…
Putin’s War Is A Disaster For The Global Economy
Most people have a preconceived notion that there will be a clear winner and loser from any war. In their view, the world economy will go on, much as before,…
China’s “Zero-COVID” Policy Could Crush Its Energy Storage Ambitions
In such uncertain times, there are few economic sectors that are a 100% sure bet for investors – but energy storage certainly seems to be one of them.…
Why Buffett Is Buying Energy Stocks At Multi-Year Highs
For decades, Berkshire Hathaway (NYSE:BRK.B) Chairman and CEO Warren Buffett maintained a pretty conservative approach to investing, favoring retail and banking stocks while giving a wide…
America Is Finally Taking The Battery Metal Shortage Seriously
The Biden Administration is preparing to give legislative impetus to domestic mining of key battery minerals as it aims to reduce foreign reliance on critical metals in the…
Nigeria Looks To Its Shallow Water Oil Fields To Boost Production
Despite the gradual lifting of OPEC quotas, Nigeria has struggled for several months to increase production back up. While the country has a production capacity of over 2…
Can Texas Replace Coal With Wind And Solar Power?
Coal has maintained a surprising degree of political power in the United States, even as the economic sway of the sector wanes and the dirty fossil fuel increasingly…
U.S. Oil Demand Has Been Vastly Overestimated
Weekly U.S. oil demand data by the Energy Information Administration (EIA) has been significantly overestimated compared to the final monthly oil demand, oil data analytics firm OilX said on…
Largest Ever Petroleum Reserve Release Forces Oil Lower
U.S. West Texas Intermediate crude oil futures are edging lower on Friday as traders await the outcome of a meeting of International Energy Agency (IEA) member nations set to discuss…
The Unstoppable Flow Of Russian Gas
1. US Shocks Market with Largest Ever SPR Release- US President Joe Biden announced the…
The Energy Industry Is Under Fire
Energy Markets on War Footing ExxonMobil’s Montana refinery shut down some units on Saturday after a fire broke out. The cause of the fire remains under investigation. The refinery can…
U.S. Rig Count Ticks Higher As Permian Drillers Lead The Charge
The number of total active drilling rigs in the United States rose by 3 this week, as WTI trades at more than $100.90 per barrel. The total rig count increased…
How To Play The Prolonged Bull Run In Natural Gas
Since the Russian invasion of Ukraine last month, a lot has been said and written in the U.S. about the impact of that and the subsequent sanctions on the price…
Desperation And Austerity Hit Global Energy Markets
We are starting to see the makings of energy curtailments in Europe - an exceedingly unpopular step that governments would be unlikely to take if there were any…
Exxon’s $8 Billion Bet On Brazil Is Paying Off
Despite Exxon’s recent exploration hurdle, Brazil has big plans for its oil industry as it hopes to increase its production levels significantly throughout 2022. With uncertainty around what…
Steel Shortage Adds To U.S. Shale Drillers’ Woes
U.S. shale oil drillers are complaining of a shortage of steel tubing for wells, which is contributing to stagnation in production. In a Friday report, Bloomberg cited data from…
5 Recession-Resistant Stocks For A Turbulent Market
In a previous article, we discussed the growing risk of a looming recession, a risk that is heightened by stretched asset valuations, the…
Saudi Aramco Further Tightens Its Ties To China
Saudi Arabia’s state-owned oil giant, Saudi Aramco, is looking at several further opportunities to expand its downstream dealings with China, according to recent comments from the company’s chief…
What The West Is Getting Wrong About OPEC
Saudi Arabia and the UAE have been repeatedly called upon by Western leaders to increase oil production in order to counter soaring prices. So far, all requests have…
Japan Looks To Become A Leader In Asia’s Green Energy Push
Japan has recently announced big plans to invest in renewables and bring back nuclear power - the first big move on nuclear since the Fukushima disaster. With international…
