WTI Crude

Loading...

Brent Crude

Loading...

Natural Gas

Loading...

Gasoline

Loading...

Heating Oil

Loading...

Rotate device for more commodity prices

Alt Text

OPEC Oil Basket Falls Below WTI

The price of the OPEC…

News

Alt Text

Want Cheap Energy? Scrap the DoE

Mar 27, 2012 at 17:41 | Charles Kennedy

Americans complain about the increasingly high prices that they are paying for gasoline, but they need to direct that their anger where it could do the most damage. Basically Obamas…

Alt Text

Japan's Final Nuclear Reactor to Close in May

Mar 26, 2012 at 17:06 | James Burgess

Following last year’s nuclear disaster at Fukushima caused by the catastrophic meltdown of three reactors due to an earthquake and subsequent tsunami, Japanese confidence in nuclear power has plummeted. A…

Alt Text

How Global Warming Causes Extreme Weather Patterns

Mar 26, 2012 at 15:12 | Editorial Dept

One claim frequently heard regarding extreme heat waves goes something like this: “Since this heat wave broke the previous record by 5°C, global warming can’t have much to do with…

Alt Text

Natural Gas Analysis for the Week of March 26, 2012

Mar 25, 2012 at 10:25 | FX Empire

Last week looked promising for May Natural Gas following the previous week’s closing price reversal bottom, but even after a confirmation, the market could not follow-through to the upside.

Alt Text

The U.S. Has Granted Japan and 10 EU Countries Exemption from Iran Sanctions

Mar 25, 2012 at 10:17 | Charles Kennedy

It is well known that as part of a coordinated campaign the US and EU have pressured Iran with their sanctions to restrict any country importing Iranian crude oil. Under…

Alt Text

Pulsed Injection can Increase the Amount of Recoverable Oil in a Well by 10%

Mar 22, 2012 at 18:15 | James Burgess

When oil fields start to age and their production reduces, there is little that can be done. Generally oil remains within the well, however it is unreachable, due to it…

Alt Text

Shell Sign Agreement with Chinese Energy Company to Extract Shale Gas

Mar 22, 2012 at 18:13 | Joao Peixe

Fracking has revolutionised the US natural gas industry by enabling the extraction of previously unreachable shale gas. The shale gas industry is now huge in the US and volume of…

Alt Text

Are we one Step Closer to Fusion Energy?

Mar 22, 2012 at 18:11 | Brian Westenhaus

Nuclear fusion might be achieved in a preheated cylindrical container immersed in strong magnetic fields.  A series of computer simulations performed at Sandia National Laboratories show the release of output…

Alt Text

New Discoveries for Carbon Capture and Storage

Mar 21, 2012 at 17:35 | James Burgess

Climate change is generally attributed to carbon emissions, and efforts to reduce carbon emissions tend to focus on clean energy sources such as wind or solar power. However despite the…

Alt Text

Obama Calls for an End to $4 Billion Oil Industry Subsidies

Mar 21, 2012 at 17:33 | Charles Kennedy

Obama has proposed that Congress should kill tax breaks for the oil and gas industry … again. He failed to end the subsidies when the Democrats controlled congress, so it…

Oilprice - The No. 1 Source for Oil & Energy News