 |
Louisiana Light • 1 day | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.707 | -0.007 | -0.25% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 2 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 2 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 2 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 2 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 1 day | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 1 day | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
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News
Chinese Tech Stocks Bounce Back As Government Changes Tune
Following the four-day meeting, or "plenum," of the Communist Party's Central Committee, there has been a lot of optimism in Chinese stocks overnight. First, shares in property developers…
Chinese Oil Giant CNPC In State Of Emergency After Covid Outbreak
China National Petroleum Corporation (CNPC), the country’s top oil and gas producer, imposed on Thursday a state of emergency in all its units in the capital Beijing after four employees…
Belarus Threatens To Cut Off Transit Gas Flows To Europe
Belarus threatened on Thursday to halt natural gas supply at a key pipeline from Russia to Germany passing through Belarus, if the European Union imposes additional sanctions to the country…
Saudi Prince Lashes Out At Greenpeace During COP26
Saudi Arabia's Energy Minister, Prince Abdulaziz bin Salman, lashed out at Greenpeace for spreading "lies" and "fabrications" about the Kingdom's policy towards climate change. The spat ignited during the COP26…
WTI Crude Slides As Inflation Fears Spook Traders
The API inventory report on Tuesday showed a crude oil inventory decrease that sent prices upward. But WTI fell on Wednesday after the EIA…
Major Crude Importer Japan Concerned With Jump In Oil Prices
Resource-poor Japan, a major importer of crude oil and natural gas, is increasingly concerned that the rally in oil prices would slow the global economic recovery, a senior government official…
U.S. And China Don’t Join Pledge For Fossil Fuel Vehicle Phase-out
Several car manufacturers, large economies, and major cities around the world signed on Wednesday a declaration to work towards phasing out new car and van sales running on fossil…
Russian Oil And Gas Discoveries Plunge To Five-Year Low
Russia’s oil and gas discoveries fell to the lowest in five years in the first half of 2021, after last year’s crisis resulted in steep cuts in capital expenditures for…
Biden Administration Will Not Shut Down Line 5 Oil Pipeline
The U.S. Administration will not shut down the Line 5 oil pipeline from Canada to the United States, which Michigan Governor Gretchen Whitmer wants closed, the White House said on…
COP26 Climate Summit Not Hearing Africa’s Concerns
While developed nations announce at the COP26 climate summit pledge after pledge to reduce emissions, the concerns of the less developed countries are not being heard during the closed-door talks,…
France Bets On Nuclear Power To Reach Net-Zero Goal
France will re-launch the construction of nuclear reactors in a bid to decarbonize its electricity mix, reach net-zero emissions by 2050, and guarantee the country’s energy independence, French President Emmanuel…
Exxon Boasts It Will Hit Emissions Target Four Years Early
Exxon will meet its greenhouse-gas emission reduction target for 2025 four years earlier than planned as the company ramps up investment in low-carbon energy. The supermajor said it had…
Oil Prices Soar On Surprise Crude Draw
The American Petroleum Institute (API) on Tuesday reported its first crude oil inventory draw in six weeks, even as the United States ventures well on the other side of the…
Bank Of America Sees $120 Oil Next Year
Brent Crude prices could rise to as much as $120 per barrel in the first half of 2022 due to the global gas crisis, booming air travel with international flights…
South Africa’s Energy Minister Vows To Fight For Coal
Coal-fired power generation should continue to be part of South Africa’s energy mix, its Energy Minister Gwede Mantashe said on Tuesday, noting that he would go to court if necessary…
Auto Sales Lag As Supply Chain Issues Continue
The Automotive Monthly Metals Index (MMI) ticked up by 4.2% for this month’s reading.
Armenia Caught In The Middle Of Energy Dispute Between Azerbaijan And Iran
In mid-September, Azerbaijani border guards detained two Iranian truck drivers on the road connecting the southern Armenian cities of Goris and Kapan. The…
The UK Won’t Join Alliance Vowing End-Date Of Oil & Gas Production
The UK, which is hosting the ongoing COP26 climate summit, will not be joining the Beyond Oil & Gas Alliance (BOGA), which wants to pledge a fixed date of countries…
Russia Considers Lifting Its Aluminum Export Tax
When news of Russia’s export tax on primary aluminum came out in the summer, it caused an increase in LME prices. More significantly, however, physical delivery premiums —…
High Fuel Prices May Force Biden To Change Stance On Crucial Pipeline
The White House is studying the replacement of Line 5—a contentious piece of infrastructure that carries crude oil and fuels from Canada to the United States through the Great Lakes…
