 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 2 days | 88.87 | +0.67 | +0.76% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 12 mins | 2.724 | -0.002 | -0.06% |
|
Bonny Light • 2 days | 88.87 | +0.67 | +0.76% | ||
|
Girassol • 2 days | 89.45 | +0.81 | +0.91% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 11 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 11 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 11 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 11 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Breaking News:
U.S. Oil and Gas Boom Poses Challenge to Climate Goals
Despite renewable energy efforts, the…
Nigeria To Launch Crude Trading at its Commodity Exchange
Africa’s biggest oil producer, Nigeria,…
Standard Chartered Says Peak Oil Demand Is Not Imminent
Standard Chartered has predicted global…
Energy
Oil Prices Bounce Back As Market Demand Recovers
President Biden's $1 trillion infrastructure bill did a lot to counter fears of Covid sweeping through China, with oil prices beginning to bounce back.
China’s Biggest Refiner To Refine Less Crude This Month
China Petroleum & Chemical Corporation, or Sinopec, is expected to reduce refinery run rates by up to 10 percent at some of its facilities amid renewed travel restrictions in China…
Peak Oil: Is This Top U.S. Refiner Ditching Oil For Batteries?
Refiner Phillips 66 is betting on EV batteries for the future because it thinks we have already reached peak oil demand. The company has announced a strategic investment in…
Iran Nuclear Deal Talks Stalled Following Oil Tanker Attack
With new president Ebrahim Raisi now in office, Iran says it's ready to resume JCPOA nuclear talks with world powers in Vienna, which includes indirect negotiations with the United States.…
Oil Prices Rebound From Three-Week Lows
After hitting a three-week low on Monday, oil prices rose early on Tuesday as the market hopes that still resilient oil demand in the West would offset weakness in its…
Update On The World’s Most Exciting Oil Play: Interview With Scot Evans
As Recon Africa (TSXV:RECO; OTC:RECAF) continues to de-risk what we believe is the most exciting onshore oil play the world has seen in decades, we had a chance…
Cheap Natural Gas Is A Thing Of The Past
The era of cheap natural gas might be gone for good. U.S. natural gas futures climbed to a 31-month high of 4.16/MMBtu on Thursday thanks to…
2021 Has Been A Blockbuster Year For Offshore Oil And Gas
For an industry in trouble, the oil and gas industry is doing pretty well in terms of discoveries and final investment decisions. So far this year, 21 new…
A New Wave Of Populism Is Sweeping Latin America
A left turn? Peru’s polls closed on the 6th of June, but it took over a month for an official victor to be announced. Now, Pedro Castillo of…
Nuclear Energy Is Staging A Comeback
Nuclear energy had been falling further and further out of favor amid falling costs for renewable energy installations. But suggestions of its death have been highly exaggerated. The…
Trouble Is Brewing At The World’s Largest Copper Mine
LME trading volumes, along with prices, traded sideways for the first three weeks of the month and picked up the pace toward the end of the month, signaling…
Saudi Aramco To Raise Oil Output Capacity by 550,000 Bpd By 2025
Saudi Aramco plans to have 550,000 barrels per day (bpd) more in oil production capacity by 2025 when the expansion projects on two major oilfields are complete, Saudi Arabia’s state-owned…
Aramco Posts Near 300% Increase In Profits On Surging Demand
Saudi Aramco reported a 288-percent increase in net profits for the second quarter of the year, to $25.5 billion, thanks to the rebound in oil prices spurred by growing…
Oil Prices Plunge As China Grapples With New COVID-19 Outbreak
Oil prices crashed by 4% early on Monday to the lowest level since May, after the world’s top crude importer, China, imposed more travel restrictions to fight what it sees…
Something Interesting Is Happening In Copper Markets
There is a sizeable arbitrage window between COMEX and the LME copper price, prices that would normally move in relative harmony. The underlying cause, Reuters suggests,…
Will A Federal Clean Electricity Standard Become Reality?
The energy transition has been enjoying center stage in the energy news flow for over a year now, and things are showing no signs of changing anytime soon.…
Why Big Oil And Environmentalists Need To Support This Climate Tech
While the IEA and environmentalists around the world push for decarbonization and the shift to renewable alternatives, not enough is being done to improve carbon capture and storage…
The Electricity Crisis Is A Major Problem For California's Governor
Another electric utility transmission line has been implicated in a deadly California wildfire. Since mid-July, the Butte fire in Plumas County in the Sierra Nevadas has consumed over…
U.S., Canadian Rig Count Rise
The number of oil and gas rigs in the United States rose by 3 this week, according to Baker Hughes—after falling by 3 last week. a The total rig count…
Signs Of Demand Weakness Emerge In Oil Markets
Oil market sentiment is decidedly cautious this week as covid cases climb and U.S. crude inventories increase.
