 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 2 days | 88.20 | -0.49 | -0.55% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 172 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.728 | +0.042 | +1.58% |
|
Bonny Light • 2 days | 88.20 | -0.49 | -0.55% | ||
|
Girassol • 2 days | 88.64 | -0.56 | -0.63% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 12 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 12 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 12 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 12 hours | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 5 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 5 days | 87.31 | +0.41 | +0.47% |
Big Oil May Not Support All Trump 2.0 Policies
Trump's two primary campaign promises,…
Suriname’s Resource Boom is Back on Track With First Oil Targeted for 2028
Suriname's oil boom hopes are…
Could The U.S. Become Lithium Independent?
Despite having some of the…
Energy
Asia’s Physical Oil Market Strengthens In Sign Of Rising Demand
China and Japan have recently intensified purchases of crude oil on the spot market, driving spot premiums for some grades to their highest in several months and signaling that Asia’s…
Energy Transition Threatens $14 Trillion In Oil And Gas Assets
The energy transition is putting as much as $14 trillion worth of oil and gas assets at risk, Wood Mackenzie said today, as quoted by Reuters, in the latest…
The IEA May Have Given OPEC A Huge Gift
An immediate halt to oil exploration is one of the steps that need to be taken in order for the world to reach Paris Agreement climate change commitments. That’s what…
WiFi Signals Could Power Small Electronics Without Any Batteries
Researchers have developed a technology that uses the radio frequency of WiFi signals to generate wireless green energy that could power small electronic devices without the need for a battery.…
Oil Under Pressure Despite Positive Demand Outlook
Brent crude briefly hit $70 per barrel and West Texas Intermediate rose above $66 this week as improving economic outlooks for some of the world’s biggest economies boosted optimism. Although…
The U.S. Is Not Ready For An All-Electric Future
The setting of a net-zero target by the Biden Administration was the first step toward decarbonization of the energy system and industry. But having a target is the easiest part…
Venezuela’s Crumbling Oil Industry Is An Environmental Nightmare
The near failure of the Venezuelan state, caused by the breakdown of the country’s oil industry, has triggered the second worst humanitarian crisis of the 21st century. While…
The Remarkable And Unstoppable Growth Of Clean Energy
To say that 2020 was a record-breaking year for renewable energy investment would be an extreme understatement. Clean energy went gangbusters last year as the spread of the…
Inflation Fears Send Oil Plunging
Oil prices dropped for a second consecutive day early on Wednesday as the markets were spooked by concerns about above-target inflation and participants showed risk aversion to commodities. As of…
EV Metal Index Jumps 85% In One Month
MINING.COM’s EV Metal Index set a new record in March with a surge in…
Oil Prices Tumble As Crude Inventories Rise
Crude oil prices moved further down today after the Energy Information Administration reported a crude oil inventory build of 1.3 million barrels for the week to May 14. This…
Heavy Rains Reduce Gulf Coast Refinery Output
Four refineries on the U.S. Gulf Coast have reduced their processing rates because of heavy rains and flooding in East Texas and Louisiana. The severe weather conditions are forecast to…
The IEA’s Latest Proposal Is Both Reckless And Impossible
The International Energy Agency, which has stepped up its efforts to become a major green energy supporter, appears to have forgotten the reason it was set up as…
Colombia’s Oil Industry Is On The Brink Of Collapse
Colombia’s oil industry is yet again under considerable pressure, despite the national government in Bogota attempting to reactivate the economically crucial sector. The March 2020 oil price crash,…
$70 Oil Could Put The Brakes On China’s Crude Buying Spree
China’s accelerated crude oil stockpiling could be coming to an end with oil at $70 and the possibility that strategic reserves are close to capacity, suggesting that the world’s largest…
IEA Drops Bombshell Report On Oil And Gas
The IEA made headlines today when it suggested that there should be no new oil and gas investments after 2021... If that were to happen - with a supply crunch…
Oil Rebounds After BBC Spooks Market With News On Nuclear Deal
Update (1245ET): Well that didn't last long. After oil prices plunged on Iran nuclear deal optimism, they have surged back higher again now after Russian Envoy Ulyanov clarified his earlier remarks, noting…
Oman Plans Massive $30 Billion Green Hydrogen Project
Middle Eastern oil producer Oman plans to build one of the largest green hydrogen plants in the world. The plant will be powered by 25 gigawatts (GW) of renewable energy…
Prices At The Pump Stuck At 7-Year Highs
Gasoline prices remained elevated, with many stations staying shut despite the restart of operations at the Colonial Pipeline network following the May 7 cyberattack. Reuters reports prices were at…
IEA: Net-Zero Goal Means No More New Oil And Gas Investment Ever
The world doesn’t need any new investments in oil and gas beyond what is already approved if it hopes to achieve net-zero emissions by 2050, the International Energy Agency (IEA)…
