 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 169 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 14 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 21 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 21 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 21 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 21 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
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Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
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Energy
UAE’s Energy Ambitions Extend Far Beyond Oil
If 2020 taught us anything it was the need for self-sustainability and the drive for cleaner energy moving into the next decade, as oil demand plummeted. Abi Dhabi…
Is This The Tipping Point For Electric Vehicle Adoption?
New research shows that in 2020, a total of 134.5 GWh of battery capacity was deployed globally into newly sold passenger electric vehicles, with an additional up to…
Oil Surges Towards $60
Brent is closing in on $60 per barrel for the first time since January 2020, fueled by declining inventories in the U.S. and China and production constraints
U.S. Rig Count Jumps Amid Rising Oil Prices
Baker Hughes reported on Friday that the number of oil and gas rigs in the United States rose by 8 last week. The total number of active oil and gas…
Energy Commodities Rally: Oil Nears $60, Natural Gas Jumps Above $3
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Is The Buying Frenzy In Solar Stocks Over?
If you have been reading what I write here for the last few years, you will know one thing about me if nothing else…I love a contrarian trade. Given that,…
Is This The Start Of A Commodity Price Supercycle?
1. Silver prices spike- Speculators rushed into silver this week, sending prices soaring, jumping 16%…
Oil Prices Rally Towards $60
U.S. West Texas Intermediate crude oil futures rose to their highest levels in nearly a year on Friday with Brent traders zeroing in on the psychological $60 a barrel level…
South Korea To Build World’s Largest Offshore Wind Farm
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Canada Oil And Gas Deals Surge 468%
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Trading Giant Gunvor: $60 Could Be The Ceiling For Oil Prices
Oil prices are unlikely to soar much above the $60 per barrel mark, considering that this price level would incentivize a lot of oil supply, including from the United States,…
Can Anything Help Restore Wall Street’s Confidence In U.S. Shale?
Rallying oil prices are testing once again the U.S. shale patch’s resolve to spend within their means and prioritize profitability over production growth. U.S oil prices
Is Amazon As Green As It Claims To Be?
On Tuesday, Amazon released an 8,000-word press release chock-full of revelations about the company, including Jeff Bezos’ official resignation as chief executive office…
Qatar Loses Interest In Europe’s LNG Market
Qatar could not have a better start to 2021, first scoring a major political goal by restoring diplomatic relations with Saudi Arabia and ending its almost 4-year long embargo. Following…
Cold Weather Pushes Gas Prices Above $3
The weather doesn’t always follow traders’ hopes and expectations. However, it sometimes exceeds them. December and January saw a surge in natural gas prices in Asia as a…
Shell Sees Return To ‘Normal’ Oil Demand In 2022
Royal Dutch Shell expects global oil demand to return to some sort of normalcy next year, chief executive Ben van Beurden said on Thursday as the supermajor reported another set…
Rallying Oil Prices Are A Headache For Airlines
As if the airline sector needed another trouble on top of the reduced travel demand due to the pandemic, oil prices at their highest in a year are set to…
The COVID-19 Pandemic Has Upended Global Energy Investment Trends
The pandemic has not broken but intensified global energy trends that emerged on the eve of COVID-19, whether it be the collapse of coal-fired power generation, the growing surplus of…
Shell’s Profits Plunge 87% In 2020
Anglo-Dutch supermajor Shell reported a profit of 4.85 billion for 2020, down 87 percent on the year, from $16.46 billion booked for 2019. While the result was negatively affected…
How High Will Oil Prices Go This Year?
Introduction This week we hit some milestones in the year-long recovery from the oil demand crash of 2020. West Texas Intermediate, (WTI) hit and moved past…
