 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 2 days | 88.87 | +0.67 | +0.76% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 19 mins | 2.736 | +0.002 | +0.05% |
|
Bonny Light • 2 days | 88.87 | +0.67 | +0.76% | ||
|
Girassol • 2 days | 89.45 | +0.81 | +0.91% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 16 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 16 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 16 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 16 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Iraq Has No Intention of Restarting Kurdish Oil Pipeline
Baghdad is repairing the Kirkuk-Ceyhan…
Profit Taking Is Putting Downward Pressure on Oil Prices
Oil prices fell this week…
Energy / Energy-General
Nuclear Tensions Rise as Poland Offers Territory for NATO Warheads
Poland has upped the nuclear rhetoric with Russia, on Monday suggesting NATO nuclear warheads could soon be positioned on its territory. It comes amid general NATO euphoria in the wake of the…
How Iraq Continues To Trick Washington
Back in 2020, a senior Washington-based lawyer who has long worked closely with the U.S. Treasury Department exclusively told OilPrice.com that: “Just like Pakistan was with Al Qaeda and us, we know…
Four Big Mistakes in Deregulating the Electricity Industry
When policymakers both here and abroad deregulated and restructured the electricity industry they made four big mistakes. And we are still living with them. Number 1: The architects of deregulation,…
Oil Takes a Breather as Geopolitical Risk Eases
WTI crude hangs above $80 per barrel as geopolitical risks have eased somewhat, but haven't disappeared altogether.
Tesla Investors Brace for Worst Financial Report in 7 Years
Tesla is slated to report earnings today and, as FT notes, investors are bracing for the "worst results in 7 years" from the…
Bitcoin Mining and Population Growth Are Pushing the Texas Grid to the Brink
The Texas energy grid faced its first high-heat litmus test of the year this month as warming April temperatures placed an early strain on utilities. Earlier this month,…
Big Oil May Not Support All Trump 2.0 Policies
Since day one of President Joe Biden's term in office, the U.S. oil and gas industry has been criticizing his energy policies, saying that these undermine America's energy and national…
Weak Diesel Prices Reflect Global Economic Slowdown
Back in September last year, Bloomberg reported that refineries around the world were struggling to keep up with demand for diesel fuel. That imbalance led to soaring diesel prices,…
Saudi Aramco Eyes Stake in Chinese Petrochemical Firm
Saudi oil giant Aramco is proceeding with plans to boost its downstream presence in its most important export market, China, with discussions to buy a minority stake in a Chinese…
Why Shell Has Soured on The London Stock Exchange
A couple of days ago, we reported that scores of beleaguered solar companies in Europe are fleeing the continent amid intense competition from China and setting up shop in…
U.S. Drilling Activity Inches Up
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, for an…
Mysterious Iranian 'Spy' Ship Returns Home As Israel-Iran Conflict Worsens
A suspected Iranian spy ship that its own government calls an "intelligence and logistics" vessel returned home this week after a three-year mis, as well as more recently lingering near…
Carbon Price Crash Threatens EU Transition Funds
The price of carbon dioxide on the European Union’s emissions trading markets, ETS, has taken a bad tumble. On the face of it, this is good news—it means industries covered…
Semiconductor Supply Chain Remains Secure Despite Taiwan Earthquake
Via Metal Miner Reports indicate that the earthquake that struck Taiwan on April 2 is unlikely to create…
Researchers Develop Revolutionary Cathode Material for Lithium-Sulfur Batteries
Lithium-sulfur (Li-S) batteries hold promise for bringing more energy dense and low-cost batteries closer to market. University of California – San Diego…
Oil Price Volatility Soars Amid Geopolitical Uncertainty
Oil price volatility has climbed dramatically as tensions between Israel and Iran escalate, with Brent breaking the $90 mark early on Friday morning before falling back to the $86 handle.
Profit Taking Is Putting Downward Pressure on Oil Prices
Selling Pressure, Profit-Taking Dominate Trade This week, crude oil markets experienced significant volatility to the downside, driven by geopolitical concerns, unexpected inventory adjustments, and changes in demand. Although escalation fears…
Oil Traders Hedge Geopolitical Risk With Record Options
1. Venezuela Braces for Impact After US Reimposes Sanctions - The Biden administration reimposed sanctions on Venezuela’s oil…
U.S. Sanctions on Venezuela Snap Back Into Place
Politics, Geopolitics & Conflict At midnight on Thursday, the six-month temporary oil sanctions relief Washington granted Venezuela last October expired, and the Biden administration moved to reimpose those sanctions, which…
A Chinese EV Company That Represents Remarkable Value
Over the years, one of my most profitable investment research techniques has been to look for companies whose stock has been dragged down by negativity around the market in which…
