 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 24 mins | 2.740 | +0.006 | +0.21% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 4 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 4 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 4 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 4 hours | 76.41 | -0.55 | -0.71% |
|
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% |
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News
Brent-WTI Spread Widens To Over $8 As U.S. Gasoline Demand Slows
The spread between Brent crude oil prices and West Texas Intermediate (WTI) hit its widest level in over three years on Monday, with WTI down more than $8…
High Energy Prices Force One In Six German Firms To Cut Production
One of every six German industrial companies feels forced to reduce production due to high energy prices, a survey by the Association of German Chambers of Industry and…
Nord Stream Gas Flows Drop Again As Gazprom Halts Another Turbine
Amid the gas turbine chapter of the Russia gas flow saga, Gazprom has halted yet another turbine at its main compressor station in the Nord Stream 1 gas…
OPEC+ Is Now 2.84 Million Bpd Below Its Oil Production Target
The OPEC+ group had a massive shortfall of 2.84 million barrels per day (bpd) in June between actual production and the target oil output level as part of…
Sri Lanka Introduces New Fuel Rationing Scheme
Last week, the Minister of Power and Energy of the economic wasteland that is Sri Lanka, introduced the "National Fuel Pass", a fuel rationing scheme amid the raging…
Turbine Trouble Could Cause Further Gas Supply Shortages In Europe
Russia will install the repaired turbine being returned from Canada at a Nord Stream compressor station when all formalities of the technological process are completed, but Gazprom identified…
EU Members Clash Over Natural Gas Consumption Plan
European Union officials are discussing on Monday revisions to plans unveiled last week for cutting natural gas use by 15% by next spring after several EU member states…
Canada Considers Softening Oil Industry Emission Targets
The Canadian federal government could give the oil industry more time to meet emission reduction targets that were supposed to be hit by 2030. In an…
Libya’s Oil Output Jumps To 860,000 Bpd
Libyan crude oil production has risen to 860,000 bpd, the country’s National Oil Corporation has said, which is up from 560,000 bpd earlier…
Nigeria Unable To Benefit From High Oil Prices
Nigeria’s debt has exceeded its revenue in the first four months of the year despite high oil prices, Nigeria’s Budget Office has revealed on its website. Oil-rich Nigeria, unlike…
Clashes Break Out In Tripoli As Libya Resumes Oil Exports
Clashes broke out in the Libyan capital, Tripoli, overnight, between militia forces just days after a deal that saw the country relaunch oil production and exports after a…
Pierre Andurand Sees Oil Demand Surprising To The Upside
Global oil demand is more likely to surprise to the upside even in a very weak economy, popular hedge fund manager Pierre Andurand said in a Twitter thread on…
Switzerland Releases Emergency Oil Reserves
Switzerland will release oil from its emergency reserves as it lowers the obligatory levels of petroleum stocks by 6.5% due to low water levels on the Rhine River and chaos…
Energy Spat Between Mexico And The U.S. Escalates
Mexico hopes the talks initiated by the U.S. under the United States-Mexico-Canada Agreement (USMCA) about Mexico’s prioritization of state energy firms over private U.S. companies would reach a…
TotalEnergies Plans Fuel Price Reductions To Help Consumers
French supermajor TotalEnergies will lower fuel prices at all its service stations in France from September 1 until the end of the year to support the eroding purchasing…
Exxon Plans Another 35 Wells Offshore Guyana
ExxonMobil, which has so far found 11 billion barrels of oil at place offshore Guyana, is seeking environmental approval to drill another 35 wells on the very prolific…
Germany Agrees To $15 Billion Bailout For Uniper
The German government and the biggest German buyer of Russian gas, Uniper, agreed on Friday on a $15 billion bailout package to help the energy giant which has…
Spain, Portugal, Greece Reject EU 15% Gas Usage Cut
Further cracks in a united front to tackle an energy crisis in Europe have arisen Thursday, with Spain, Portugal and Greece rejecting the bloc’s plan to reduce natural…
IEA Chief: Europe Must Cut Gas Usage 20% To Survive Winter
After calling on all member states to reduce gas consumption by 15% in the face of the threat of a complete Russian gas cutoff, the IEA says the…
WTI Dips Back Below $100
The price of WTI continued to slide on Thursday after Wednesday’s EIA report showed a slackening of gasoline demand and fears linger that a recession will cut into that demand…
