 |
Louisiana Light • 2 days | 73.23 | -2.28 | -3.02% | ||
|
Bonny Light • 1 day | 75.08 | -2.24 | -2.90% | ||
|
Opec Basket • 3 days | 79.77 | -3.39 | -4.08% | ||
|
Mars US • 5 hours | 66.16 | -4.92 | -6.92% | ||
|
Gasoline • 10 mins | 2.056 | +0.006 | +0.31% |
|
Bonny Light • 1 day | 75.08 | -2.24 | -2.90% | ||
|
Girassol • 1 day | 74.41 | -2.06 | -2.69% | ||
|
Opec Basket • 3 days | 79.77 | -3.39 | -4.08% |
|
Peace Sour • 4 hours | 65.71 | -0.55 | -0.83% | ||
|
Light Sour Blend • 4 hours | 67.01 | -0.55 | -0.81% | ||
|
Syncrude Sweet Premium • 4 hours | 75.96 | -0.55 | -0.72% | ||
|
Central Alberta • 4 hours | 65.31 | -0.55 | -0.84% |
|
Eagle Ford • 2 days | 68.49 | -2.24 | -3.17% | ||
|
Oklahoma Sweet • 2 days | 68.75 | -2.25 | -3.17% | ||
|
Kansas Common • 11 days | 67.50 | -3.75 | -5.26% | ||
|
Buena Vista • 2 days | 78.27 | -2.24 | -2.78% |
Asia Splurges On Record Oil Imports Ahead Of Sanctions On Russia
Asian buyers have imported a…
UAE To Expand Oil & Gas Production Capacity With $150 Billion Investment
UAE’s ADNOC will invest $150…
Energy / Crude Oil
Saudi Arabia Slashes Oil Exports By 430,000 Bpd As OPEC+ Cuts Output
The world’s largest crude oil exporter, Saudi Arabia, has started to slash its crude exports after OPEC+ is now reducing its overall target production by 2 million barrels per day…
Biden Might Not Be Able To Lift Sanctions On Venezuela Even If He Wants To
A deep global energy crisis, which is sharply impacting Western Europe, is forcing countries around the world to…
Oil Sees Small Jump After EIA Confirms Significant Crude Draw
Crude oil prices inched higher today, after the U.S. Energy Information Administration reported an inventory decline of 5.4 million barrels for the week to November 11. This compares…
Extreme Market Volatility Spares Crude Oil Sector
Actively managed exchange-traded funds (ETFs) are long on crude oil this year and some have seen their managed-futures funds rising in a market that has seen extreme volatility…
COP27 Reignites The Debate About Carbon Credits
COP27 is highlighting the controversial and sometimes contradictory nature of carbon credits as proposals for crediting schemes spark debate and even heckling at the event currently in its…
Oil Majors Are Betting Big On Suriname
After a series of dry wells were drilled in the Guyana-Suriname Basin from the 1960s through to the 1980s, offshore Guyana and Suriname were ignored by global energy…
Has U.S. Oil Supply Peaked Again? Energy Experts Disagree
A week ago, the Energy Information Administration (EIA) released its latest Short Term Energy Outlook (STEO) wherein it revised its 2022 and 2023…
Why Chinese Refiners Are Importing Less Russian Crude
The anticipated shift of Russian crude oil flows, skewing toward Asia, is well underway ahead of the December 5 oil embargo, according to Bloomberg. Before Russia’s invasion of Ukraine, less…
Iraq's New Prime Minister Doubles Down On Oil & Gas Deals With China And Russia
It is possible that U.S. Secretary of State, Antony Blinken, believed for a moment that his call to the new Iraqi Prime Minister, Mohammed Shia al-Sudani, saying that…
The Climate-Friendly Solution Is More U.S. Oil, Not Less: U.S. Republicans
On the sidelines of COP27 this week, U.S. House Republicans are arguing that additional crude oil production from the United States will be necessary to meet global oil demand—and better…
Exxon Mobil Makes First Oil Discovery In Angola In 20 Years
Over the past five years, the United States’ largest independent oil and gas company, Exxon Mobil (NYSE: XOM), has mostly focused its exploratory activities in South…
Europe’s Multi-Trillion-Euro Energy Derivatives Market Is Under Scrutiny
Europe’s financial authorities are strengthening the oversight of the energy derivative trades used by energy firms to hedge power and gas prices as policymakers look to avoid a…
Kazakhstan To Start Using New Oil Export Route In 2023
Kazakhstan hopes to deliver up to 1.5 million tons of oil through the Baku-Tbilisi-Ceyhan pipeline in 2023 as part of growing efforts to find export routes bypassing Russia.…
The EU’s Embargo On Russian Oil Will Be A Boon For OPEC
While the world has slapped a wide variety of sanctions on Russia in the wake of Vladmir Putin’s illegal invasion and partial annexation of Ukraine, most of them…
How Russian Crude Makes Its Way To The U.S. Through A Loophole
A recent investigation by the Wall Street Journal revealed this month that there is a loophole that is allowing banned Russian crude to reach the U.S. market. If…
Kazakhstan Prepares To Boost Oil Exports
The Caspian Pipeline Consortium (CPC) is expected to complete the repairs at one of the mooring points at its Black Sea oil export terminal within three days, Kazakhstan’s Prime Minister…
Crude Inventory Build Sends Oil Prices Lower
Crude oil prices moved lower today after the Energy Information Administration reported a crude oil inventory build of 3.9 million barrels for the week to November 4. This
The Top 5 Performing Small Oil Companies This Quarter
The earnings season is now drawing to a close, with 85% of S&P 500 companies having returned their Q3 2022 scorecards. According to FactSet Earnings…
Russia’s Oil Output Set To Fall By 1.5 Million Bpd In December
Russia’s oil production could drop to as low as 9 million barrels per day (bpd) in December when the EU embargo on imports of Russian crude oil enters…
Russia Sends Second-Ever Crude Shipment To China Through “Arctic Silk Road”
Energy sanctions against Russia have helped Moscow achieve the second-ever sail of a crude tanker east through the Arctic Circle toward China, a route dubbed 'Arctic Silk Road,'…
