 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 21 hours | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 5 hours | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 21 hours | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 21 hours | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 20 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 20 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 20 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 20 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% |
Breaking News:
Article Archive | Page 672
The EV Boom Could Accelerate Peak Oil Demand
The COVID-19 pandemic has dramatically changed the short-term outlook for global vehicle manufacturing industry and sales, including sales of electric vehicles (EVs). But policy actions to support decarbonization and lower-emission…
Europe Set To Unveil Its $500 Billion 'Green Deal'
The European Union is set to launch a down payment on a Green New Deal. As the world slips into a deep economic recession – and some indicators are as…
The African Nation That Can’t Get Its Energy Industry Off The Ground
The African continent witnessed different reactions to the ongoing period of depressed demand – mature producers like Nigeria and Angola are facing liquidity issues and struggle to keep their 2020…
U.S. Cuts Royalty Rates For Oil Firms
The U.S. Administration has been approving royalty rate cuts for producers on federal land on a case-by-case basis, with rates cut on at least 76 leases in Utah in recent…
U.S. Shale Scrambles To Innovate Its Way Out Of Crisis
Headlines have been pronouncing the impending death of the shale industry since long before the spread of the novel coronavirus. “Even when oil was priced at $30 a…
Why The Covid Crisis Is A Pivotal Moment For Renewables
The global energy and travel industries have been some of the hardest hit by the coronavirus crisis, with the energy market experiencing its biggest shock post-WWII. Widespread lockdowns have resulted…
This Oil Nation Sees Production Drop As COVID-19 Cases Spike
Kazakhstan’s crude oil production has fallen below 1.7 million bpd of crude and condensates, oil analytics firm OilX told Oilprice.com, noting that the giant Tengiz field has seen a jump…
World's Third Largest Oil Consumer Sees Very Slow Demand Recovery
Crude oil demand in India will take longer to recover than many hope for as the country braces for the worst recession in its history after a two-month lockdown. Bloomberg
The Oil Price War Has Put A $69 Billion Mega Deal At Risk
Even before the latest slew of announcements regarding the agreement by Saudi Arabia’s flagship oil and gas company, Aramco, to acquire a 70 percent stake in the Kingdom’s key petrochemicals…
Big Oil’s Best Survival Strategy
First, it was an oil price war that pummeled benchmarks into the ground. Then it was the coronavirus outbreak that swelled to a pandemic. Now, a third plague…
Oil Climbs As Fears Of Negative Prices Fade
Trader anxiety has earned a reprieve, with oil markets dodging one of many bullets after a key U.S. benchmark oil futures contract avoided a repeat of the April fiasco that…
Covid-19 Crisis Could Crush Brazil’s Oil Boom
The coronavirus is spreading like wildfire in Brazil, and the country’s oil industry could get dragged down with it. “Brazil has the worst COVID growth rate…
Downside Risks Remain Despite Oil Price Rebound
The last few days have seen money rushing back into oil, with all crude benchmarks climbing furiously, including Brent showing a 14 percent week over week increase, rebounding from a…
The World’s Most Controversial Oil Frontier Falls Out Of Favor With Big Banks
Drilling in the Arctic has been back in the headlines this week with some fresh controversy. The Trump administration has long seen the development of oil and gas…
Is Russia Finally Complying With OPEC+ Cuts?
It looks like Russia is really trying to comply with its share of the OPEC+ production cuts this time, unlike in previous deals when it had regularly exceeded its cap,…
OPEC+ Deal Could Collapse As Oil Prices Shoot Up
The OPEC+ coalition appears determined to ease the global oil glut and lift the oil prices that had cratered in April because of OPEC+ wrangling and crashing global demand in…
33% Of North Sea Oil Is Now Too Expensive To Extract
The oil price collapse will result in one-third of the North Sea oil left untouched because it will be uneconomical to produce, a new study from the University of Aberdeen…
Oil Soars On Bullish EIA Inventory Report
A week after it served a much-needed boost to markets with a crude oil inventory draw, today the Energy Information Administration strengthened the mood by reporting an oil inventory…
Why The Future Of Oil Rests On China
The pace of oil demand recovery in China and the entire world could be shaped by China’s top policy-setting meetings, which begin on Friday to chart the course for the…
Why U.S. Shale Is Too Important To Fail
It may well be the case that the U.S. shale sector has cut over US$50 billion from its planned spending this year, the number of operating rigs has fallen by…
