 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 18 mins | 2.766 | +0.008 | +0.29% |
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 1 day | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 4 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 4 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 4 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 4 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 1 day | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
The EU Allows Members to Ban Russian LNG as Imports Climb
The European Parliament approved rules…
Central Banks Grapple With Inflation Threat Amid Oil Price Rally
Central Banks are reluctant to…
Energy / Energy-General
UAE Energy Minister: Stop Vilifying And Then Venerating Oil Producers
Global oil supply and the market will not work if oil producers are vilified for years, only to be looked on a ‘superheroes’ when oil supply is lower than demand,…
Blinken Tours The Middle East To Reassure Allies Ahead Of Potential Iran Deal
The United States and Iran may be nearing a deal that could see sanctions on Iran lifted, based on reports about the U.S. Secretary of State doing a Gulf round…
Russia’s Oil Exports Slumped 26% Last Week
Russian oil exports fell last week, with average shipments of around 3.63 million barrels per day (bpd) between March 17 and 23, down by 26.4 percent compared to the…
Oil Prices Drop As China Initiates Biggest Covid Lockdown In 2 Years
Crude oil prices started the week with a decline in response to the start of a lockdown in Shanghai due to the high number of Covid infections, rekindling concern about…
Surging Oil Prices Could Spark A Global Recession
The already month-long Russian war in Ukraine has upended analyst outlooks of the global economy this year. Forecasts quickly shifted from a robust post-COVID rebound to rising chances…
Rationing Looms As Diesel Crisis Goes Global
Earlier this week, Vitol's chief Russell Hardy warned that a diesel shortage could trigger fuel rationing in Europe. Now, those warnings are multiplying, with fuel rationing no longer…
How Hydrogen Will Transform Geopolitics
While reinforced by recent events, the push to scale-up clean hydrogen energy has been underway by governments, energy suppliers, and environmentalists alike in recent years. In January 2022,…
Soaring Energy Stocks May Be Bad Omen For Global Markets
A week ago, we reported that the rise in oil and gas prices triggered by the Ukraine conflict had raised the threat of the worst…
Exxon Considers Taking Its Gas-To-Bitcoin Pilot Global
The fourth-largest oil company in the world is now considering taking its gas-to-bitcoin pilot to four countries... The largest U.S. oil producer Exxon Mobil is considering expanding its…
Putin And Xi’s Relationship Is Too Big To Fail
Since the first shots were fired in the early hours of February 24, China has walked an awkward line of supporting Moscow’s invasion of Ukraine while attempting to…
The Beginning Of The End Of Globalization
There is an eternal debate among various experts as to when globalization actually started; whether it was with the Silk Road, the Vikings, Columbus's voyage, or even before…
How The West’s Ban On Russian Gold Could Backfire
Following Russia's invasion of Ukraine about a month ago, the U.S. and its western allies swiftly imposed a raft of economic and trade sanctions on Russia, notably on…
Mission Impossible: Predicting The Oil Market
It's been another very busy week for oil and gas markets as Putin threatened European gas imports, a storm knocked a major oil pipeline offline, and a Saudi oil terminal…
High Gasoline Prices Are Starting To Hurt Demand
1. OPEC Exports Underwhelm Despite High Prices Source: Kpler. - The Russia-Ukraine war has taken OPEC heavyweights out…
Oil Rally Undeterred By Bearish News
U.S. West Texas Intermediate crude oil futures are trading lower on Friday, but are still up for the week. This week’s rally is being fueled by a combination of a…
Pressure Mounts On Russia's Oil Industry
Energy Markets on War Footing Russia has choked throughput on a Caspian Sea pipeline carrying crude oil from the Tengiz fields in Kazakhstan to Russia’s Black Sea coast. Russian officials…
Steer Clear Of This Electric Vehicle Play
To an old timer like me, one of the most striking and quite frankly frightening things about the stock market over the last few years is how stock prices in…
Could Putin Be Overthrown From Within?
If you’re waiting for a coup to overthrow Vladimir Putin, you are likely to be waiting for quite some time. Rumors abound, of course. But Putin has built…
Germany Plans To Halve Russian Oil Dependency
Germany wants to reduce its Russian oil imports by half by this summer, the country's economy minister Robert Habeck told media today, as quoted by the AFP. German companies…
U.S. Energy Tycoons See Net Worth Jump 10% Since Start Of The Ukraine War
As the surge in oil prices continues amid increasing demand and a supply crunch, U.S. energy stocks have been soaring--and the country's oil and gas tycoons are laughing…
