 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.762 | +0.003 | +0.12% |
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 2 days | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 14 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 14 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 14 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 14 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 2 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 2 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 3 days | 87.23 | -0.55 | -0.63% |
IMF Praises UK's Digital Infrastructure for AI Readiness
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News
Oil Prices Rise As API Confirms Crude Inventory Draw
This week, the American Petroleum Institute (API) estimated the inventory draw for crude oil to be 3.670 million barrels. U.S. crude inventories have shed some 65 million barrels since the…
New Oil And Gas Projects In UK Need To Pass Net-Zero Test
The UK will still allow the development of new oil and gas oilfields in the North Sea if they pass a so-called net-zero test, the government said on Monday…
CNOOC To Take First LNG Cargo From U.S. Exporter
China National Offshore Oil Corporation (CNOOC), the largest Chinese importer of liquefied natural gas, has signed a deal with U.S. firm Venture Global LNG to buy LNG from a new…
Libya Declares Force Majeure On Crude Oil Exports
Libya has declared a force majeure on oil exports, even as oil prices worldwide are crashing. Libya’s National Oil Company (NOC) has said that crude oil production has been shut…
Russia Reluctant To Boost Gas Flows As Cold Snap Hits Europe
Natural gas exports from Russia via the Yamal-Europe pipeline will remain limited at the start of this week as true winter begins and Russia keeps more gas for domestic consumption,…
India Launches Biggest Its Biggest Ever Oil Tender
India launched a tender for 75 oil and gas blocks—the biggest oil and gas tender in the history of its industry. The tender is for so-called discovered small fields, or…
Lukoil: Here's How Oil Could Hit $380 Per Barrel In 2050
Oil prices are set to exceed $100 per barrel in all three scenarios for global energy developments through 2050, with inflation and carbon prices potentially sending oil to $380 a…
Russian Lawmaker: Nord Stream 2 Could Become Operational Next Month
The Russia-led Nord Stream 2 pipeline could start shipping natural gas to Germany as early as next month, as Europe would not want to drag its feet with the certification…
France Closes Two Nuclear Plants After Finding Cracks In The Infrastructure
Électricité de France S.A., commonly known as EDF, a French electric utility company primarily owned by the state, shuttered two nuclear power plants after routine safety inspections found…
Chinese Teapot Refineries Ramp Up Oil Imports From Iran
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Big Oil Bids For Brazilian Oil Blocks
Big Oil majors will bid for two exploration blocks in Brazil's prolific pre-salt zone today, with the eleven competitors including Exxon and Shell, as well as Brazilian companies. This will…
Oil Prices Rise On Record U.S. Oil Demand
The price of WTI crude rose nearly 2% on Thursday on EIA reports that U.S. implied petroleum products demand had risen to record heights. U.S. implied petroleum…
U.S. Gasoline Prices Continue To Fall Ahead Of Christmas
U.S. gasoline prices have dropped by $0.10 since Thanksgiving and are set to fall further until Christmas, although the holiday prices could be close to the highest Christmas gasoline prices…
Texas Weighs Electricity Market Reforms To Avoid Blackouts
The Public Utility Commission of Texas is discussing major reforms to the state’s electricity market with the purpose to avoid a repeat of the power failures and blackouts in February…
Europe’s Energy Crisis Just Got Worse
On top of an ongoing natural gas crunch, Europe faces the winter season with reduced nuclear output in France, exacerbating the energy crisis and leaving large parts of the continent…
Tesla Looks To Silence Critics In China
It looks as though Tesla is leaning on China's judicial system to try and hamper complaints about its brand and bad press in the country. Tesla…
Germany Pushes Back Nord Stream 2 Decision To July
The German regulator reviewing the certification of the Nord Stream 2 gas pipeline will not make a decision before July 2022, the president of the regulator said on Thursday, in…
Warren Wants Big Oil Executive Pay Investigated
Senator Elizabeth Warren has asked the Securities and Exchange Commission to launch an investigation into the remuneration of executives at several oil companies, including Marathon Petroleum, Chevron, and Occidental Petroleum.…
The Oil Tycoon Creating An Energy Institute For The Next Generation
Oil and gas industry tycoon Harold Hamm has a dream. In that dream, the Harold Hamm Foundation and Continental Resources Inc. (NYSE: CLR), donate $50 million to Oklahoma State University…
Oil And Gas Industry To Spend $15 Billion On A Tech Transformation
The oil and gas industry is set to spend $15.6 billion on digital transformation by the end of this decade to enhance cybersecurity, maintain safe operations, and create sustainable performance,…
