 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 2 days | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.762 | +0.028 | +1.02% |
|
Bonny Light • 2 days | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 2 days | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 13 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 13 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 13 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 13 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 3 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 4 days | 87.02 | -0.29 | -0.33% |
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News
U.S. Seeks Help From Key Asian Importers To Send Gas To Europe
The United States and Europe are talking to major LNG importers in Asia—including Japan, South Korea, India, and even China—to potentially send some of their gas supply to Europe in…
The Electric Truck That Can Power Homes
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Ford To Spend Up To $20 Billion On Its Electric Vehicle Push
Ford has announced today it plans to spend as much as $20 billion to accelerate its shift to electric vehicles. The company's newest reorganization efforts are being spearheaded…
OPEC+ Still Expects Oil Surplus This Year
OPEC+ still expects the global oil market to be in a surplus this year, but has revised the overhang by 100,000 bpd to 1.3 million bpd, Reuters reported citing…
Surprise Crude Draw Suggests Tighter Oil Market
The American Petroleum Institute (API) estimated the inventory draw this week for crude oil to be 1.645 barrels after analysts predicted a build of 1.833 million barrels. U.S. crude…
Tesla Recalls Full Self-Driving Vehicles Not Stopping At Stop Signs
Tesla will recall 53,822 of its vehicles that contain its Full Self-Driving (Beta) software because of a defect that may not allow the car to come to a complete…
Shell Forced to Reroute Oil Supplies After Cyberattack
A cyber attack on a German oil storage and logistics firm has impacted Shell’s oil supply chain in Germany, where it is rerouting supplies to alternative depots, the supermajor said…
European Oil Industry Rushes To Consolidate
The European energy industry is eager to consolidate and sell assets, a survey by international law firm CMS. According to the survey, three-quarters of energy companies in Europe were…
Biden Administration Considers Hiking Royalty Rates For Oil
The Biden administration seems to be considering an increase in royalty rates for oil companies operation onshore, Reuters has reported, citing an accidental release of a draft notice posted…
OPEC+ Fails To Reach Production Targets In January
OPEC has again failed to meet its own production targets again in January as the group lifted production only 210,000 additional barrels per day for the month. Looking at this…
Qatar Willing To Sell More LNG To EU Under Certain Circumstances
One of the world's largest LNG exporters, Qatar, wants the European Union to restrict the resale of gas cargoes outside the EU if Qatar agrees to divert emergency supply to…
U.S. Natural Gas Inventories Drop Below Five-Year Average Again
Colder-than-usual weather in January and high LNG exports reduced U.S. working natural gas storage levels to below the five-year average again, after one of the warmest Decembers on record had…
Nigeria Lost Half A Billion In Oil Revenue To Force Majeure In December
Nigeria, the largest African producer in OPEC, lost an estimated $487.5 million from oil revenues as force majeure and sabotages led to a decline of 6.596 million barrels of oil…
NATO Worries About Europe's Gas Supply Strategy
Amid ongoing tension between NATO and Russia around Ukraine, the head of the treaty organization Jens Stoltenberg has expressed concern about Europe's dependence on Russian gas. "We are concerned about…
Gas Stoves May Become Next Target Of Climate Activists
Gas stoves may find themselves the next target of climate activists after a study published by the American Chemical Society highlighted methane leaks that occurred while the stoves were…
China To Set Up Unified Power Market To Avoid Energy Crises
China plans to launch by 2025 a unified nationwide power market system to ensure grid flexibility and stability and avoid a repeat of the energy crisis in the autumn of…
Chevron Books Best Yearly Earnings Since 2014
Rallying oil and gas prices and the economic rebound in 2021 helped Chevron (NYSE: CVX) to book last year a record-high free cash flow and its best annual earnings…
Japan’s Coal Imports Soar Amid Surging Natural Gas Prices
Japan is set to import the highest quantity of coal in January in just over two years, as utilities scramble to get supplies for power generation amid high spot liquefied…
Is Crypto Mining Driving Up Power Costs For U.S. Consumers?
A group of Democratic lawmakers, led by Senator Elizabeth Warren, demand that six major cryptocurrency mining companies detail their high energy usage, the possible impact on the environment, and the…
China Non-Fossil Fuel Power Capacity To Hit Record This Year
China will, by the end of the year, have more renewable and low-carbon power generation capacity than fossil fuel capacity, the country’s Electricity Council has reported. Reuters reports that China…
