 |
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 • 12 mins | 2.773 | +0.015 | +0.54% |
|
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 • 6 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 6 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 6 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 6 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% |
Oil Price Volatility Soars Amid Geopolitical Uncertainty
Oil price volatility has climbed…
Uncertainty Drives Investors to Oil Stocks
The reason that investors have…
U.S. Senator Pushes for Ban on Chinese Electric Vehicles
Senator Brown urges President Biden…
Energy
Oil Rebounds 3% After Seven-Day Losing Streak
Oil prices jumped 3% early on Monday, snapping the longest losing streak since 2019 of seven consecutive settlements in the red, as investor risk appetite increased and the U.S. dollar…
Big Oil Looks To Woo Investors Back With Massive Dividends
Big Oil is coming off yet another blockbuster season, posting the second consecutive quarter of stellar top-and-bottom line growth. According to the latest FactSet data, the energy sector's Q2…
Will Big Oil Use High Oil Prices To Go Green?
Estimate-beating profits and solid cash positions were marks of the first half of the year for Big Oil majors and for their smaller rivals, too. A strong rebound…
Biofuel Feedstock Shortage Hinders Green Shipping Ambitions
The world’s largest shipping company, A.P. Moller Maersk A/S, aims to have net-zero carbon dioxide emissions from its own ocean operations by 2050 as the industry responsible for…
Nord Stream 2 Could Crush European Natural Gas Prices
We recently wrote about Europe's soaring, record gas prices as Russian nat gas supplies have been suspiciously low, amid growing concerns about Europe's…
China Wants Huge New Green Hydrogen Plant Operational In 2023
China offers promise for clean energy in a world dominated by fossil fuel-driven hydrogen projects through its new green hydrogen mega-plant. China is planning a huge…
Japan’s Strategic Plan For LNG May Be Unrealistic
Japan’s recent revision to its Strategic Energy Plan (SEP) lowers the targeted share of liquefied natural gas (LNG) in the country’s power generation mix in 2030 to 20%…
Russia Has Big Plans For Arctic Oil
Russia seems intent on selling the world’s very last barrel of oil. As other energy superpowers and petro-states around the world scramble to diversify their economies and establish…
Tesla’s Latest Tech Aims To Kill Boring Jobs For Good
Just when you thought you would never belly laugh harder than when Elon Musk decided to demonstrate the Cybertruck's shatterproof windows, along comes AI Day 2021 - a…
U.S. Rig Count Ticks Higher Amid Oil Price Slide
The number of oil and gas rigs in the United States rose by 3 this week, according to Baker Hughes—after rising by 9 last week. The total rig count is…
U.S. Large-Scale Battery Storage Capacity Is Booming
Large-scale battery power capacity in the United States jumped by 35 percent last year to reach 1,650 megawatts (MW), and the significant growth of the past few years is set…
The Oil Price Collapse Continues
As uncertainty over new Covid outbreaks combined with a strengthening U.S. dollar, oil prices came under pressure this week and are on course to finish the week 7 percent down.
Europe Faces LNG Supply Crunch
Europe is facing a potentially tough winter with natural gas supply nowhere near enough to meet heightened seasonal demand, Bloomberg has reported, citing storage data and industry insiders. LNG deliveries…
Oil Set For Longest Losing Streak Since 2019
Oil prices fell on Friday morning for the seventh day in a row, which would be the longest run of daily declines since 2019, amid growing concerns about global oil…
‘Skimming Stones’ Pattern Shows Wall Street Is Wrong About Oil
About a week ago, President Joe Biden made a highly unusual move by reaching out to OPEC, urging the cartel to…
Beijing’s Big Tech, Refiner Crackdown Sends Clean Energy Stocks Flying
The current year has seen a massive wave of regulatory pressure by the Chinese government on key strategic sectors of its economy. Beijing has tightened regulatory scrutiny on…
U.S. Refiners Are Making A Comeback
The pandemic very likely hit the downstream oil even more severely than exploration and production and led to longer suffering. But now, things are finally beginning to look…
Biden Faces Off With Big Oil Over Drilling Auctions
The ongoing situation for 2021 in the U.S. appears to be Big Oil versus Biden, as once again major U.S. oil industry groups are…
Asia Sees Stunning Setback In Jet Fuel Demand
International aviation restrictions are still preventing jet fuel from recovering as fast as other oil products, a Rystad Energy analysis reveals. Most of the demand destruction seen in…
Gazprom: Nord Stream 2 May Supply Gas To Europe This Year
The controversial Nord Stream 2 natural gas pipeline from Russia to Germany may supply 5.6 billion cubic meters of gas to Europe this year, Gazprom said on its Telegram…
