 |
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 | 2.703 | -0.011 | -0.41% |
|
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 • 30 mins | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 30 mins | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 30 mins | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 30 mins | 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% |
Europe Moves Forward with Major Hydrogen Projects
Large-scale hydrogen production schemes are…
Russia Intensifies Strikes on Ukraine’s Energy Infrastructure
Russia continues its assault on…
High Interest Rates Are Crushing Renewable Energy Projects
The renewable energy sector faces…
News
Dutch Senate Puts Off Vote to Shut Groningen Gas Field for Good
The Dutch Senate has delayed a vote on the permanent closure of the Groningen gas field, which is set for October 1 due to earthquakes in the area, as…
OPEC+ Committee Calls on Members to Compensate for Overproduction
The Joint Ministerial Monitoring Committee (JMMC), the OPEC+ panel that monitors oil market developments and the group’s production cuts, didn’t recommend on Wednesday any changes to output policy but noted…
China Set to Scrap Natural Gas Price Caps to Support Distributors
China’s top economic planning body has asked major natural gas distributors and local authorities to remove the fixed price caps for households by September, sources familiar with the discussions have…
South Africa Risks Thousands of Deaths if Coal-Fired Power Plants Remain Open
South Africa could see additional up to 50,000 deaths due to air pollution and billions of U.S. dollars in health costs if a proposal to delay the decommissioning of coal-fired…
The Fed Blocks Stricter Global ESG Rules for Banks
The US Federal Reserve has blocked an attempt led by the European Central Bank (ECB) to make climate risks a pillar of global rules for banks and require them to…
Tesla Sales Drop for First Time Since 2020 as EV Competition Heats Up
Tesla saw its deliveries slump in the first quarter for the first annual drop since the start of the pandemic in 2020, missing analyst forecasts by a mile in a…
High Oil Prices Force the U.S. to Abandon Its Latest Attempt to Refill the SPR
The Department of Energy has canceled its latest tender for crude oil for the replenishment of the strategic petroleum reserve after oil prices moved higher than the DoE is comfortable…
Oil Prices Climb Toward $90 on Geopolitical Risk and a U.S. Stock Draw
Brent crude ticked up closer to $90 per barrel today after yesterday the American Petroleum Institute reported a larger than expected draw in U.S. inventories and as geopolitical tensions remained…
Oil Rally Extends As API Reports Draws Across the Board
Crude oil inventories in the United States fell this week by 2.286 million barrels for the week ending March 29, according to The American Petroleum Institute (API). Analysts had expected…
Russia’s Oil Exports By Sea Hit New 2024 Record
Russia’s crude oil exports by sea reached the highest point yet this year in the last week of March, as weather conditions at Russia’s Pacific Port improved. Bloomberg tanker tracking…
Europe Makes It To the Other Side of Winter With Record Levels of Natural Gas
Europe has managed to make it through this winter season with record levels of natural gas in storage, setting it up to head into next winter on solid ground. With…
SLB Announces $8-Billion Deal as Mergers Extend to Oilfield Sector
SLB, the world’s top oilfield services provider, announced on Tuesday a definitive agreement to buy smaller competitor ChampionX Corporation in an all-stock deal valued at $7.75 billion, as the energy…
Venezuela’s Maduro Set to Visit Russia Soon
Russia is preparing to welcome Venezuela’s President Nicolas Maduro on an official visit soon, the Kremlin said on Tuesday, as the oil-producing countries Russia and Venezuela continue to maintain close…
Shell Claims Court Ruling on Emissions Will Slow the Energy Transition
The landmark ruling of a Dutch court that ordered Shell to slash its emissions could obstruct the role the supermajor can play in the energy transition and could slow the…
Ukrainian Drones Hit Russia’s Third-Largest Oil Refinery
Ukrainian drones hit the primary refining unit of Russia’s third-largest refinery southeast of Moscow more than 800 miles from the front line, Reuters reported on Tuesday. The Taneco refinery…
Russia’s Sokol Crude Starts to Move to India Again via Traders
Despite stricter enforcement of the U.S. sanctions against Russian oil exports, some tankers loaded with Russia’s Sokol crude grade are near India signaling Indian ports as their destinations, vessel-tracking data…
Chevron Joint Venture Launches Oil Drilling Campaign in Venezuela
A joint venture of U.S. supermajor Chevron has launched its 2024 drilling campaign by drilling the first of 17 planned wells as part of a plan to boost production, the…
China Set to Raise Fuel Prices
China will raise the retail prices of gasoline and diesel to reflect recent changes in international crude oil prices, Xinhua reported, citing the National Development and Reform Commission—the country’s central…
PetroChina Becomes China’s Second-Largest Company
PetroChina has become the second-largest company in China by market value after it overtook the Industrial and Commercial Bank of China. Bloomberg reported that the oil major’s stock had…
North Dakota Approaches Total Oil Output of 5 Billion Barrels
North Dakota is close to hitting total oil production of 5 billion barrels, local media has reported, citing the director of the state’s Department of Mineral Resources. According to Lyn…
