 |
Louisiana Light • 3 days | 83.76 | +0.29 | +0.35% | ||
|
Bonny Light • 2 days | 84.11 | -0.31 | -0.37% | ||
|
Opec Basket • 3 days | 84.30 | +0.70 | +0.84% | ||
|
Mars US • 190 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 24 hours | 2.500 | -0.042 | -1.66% |
|
Bonny Light • 2 days | 84.11 | -0.31 | -0.37% | ||
|
Girassol • 2 days | 85.07 | -0.23 | -0.27% | ||
|
Opec Basket • 3 days | 84.30 | +0.70 | +0.84% |
|
Peace Sour • 2 days | 72.46 | +0.27 | +0.37% | ||
|
Light Sour Blend • 2 days | 75.51 | +0.27 | +0.36% | ||
|
Syncrude Sweet Premium • 2 days | 82.46 | +0.27 | +0.33% | ||
|
Central Alberta • 2 days | 72.86 | +0.27 | +0.37% |
|
Eagle Ford • 3 days | 75.74 | +0.27 | +0.36% | ||
|
Oklahoma Sweet • 3 days | 75.75 | +0.25 | +0.33% | ||
|
Kansas Common • 3 days | 69.50 | +0.25 | +0.36% | ||
|
Buena Vista • 3 days | 83.77 | +0.27 | +0.32% |
Canada's Oil and Gas Industry Soars to New Heights
Canada's oil and gas industry…
High Oil Prices Force Biden Admin to Halt SPR Refill Plans
The Biden administration has canceled…
Energy / Crude Oil
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The U.S. Is "Very Open" To Sanctioning Russian Oil And Gas
The United States is now very open to considering sanctions against Russia's oil and gas sector, White House Press Secretary Jen Psaki said on Wednesday. "We're considering it. It's very…
Brent Holds Above $110 As EIA Confirms Crude Draw
Crude oil prices remained elevated today after the U.S. Energy Information Administration reported crude oil inventories had shed 2.6 million barrels in the week to February 25. This compared…
$100 Oil Could Help Africa Realize Its Hydrocarbon Potential
As the conflict in Ukraine continues, several African states could stand to benefit from rising oil prices as many countries look to develop their burgeoning oil sectors. With…
OPEC+ Is Unlikely To Break From Its Production Plan
OPEC+ is widely expected to continue raising its overall production quota by 400,000 barrels per day (bpd) per the plan from last summer, despite the surging oil prices over the…
White House Quietly Calls On U.S. Oil Companies To Increase Production
In a move that likely angered his environment-conscious base, the White House has issued a muted request for U.S. oil companies to increase crude oil production in the wake of…
OPEC+ Faces Difficult Meeting Amid Ukraine Crisis
OPEC+ producers are likely to maintain the current policy of 400k BPD monthly hikes, according to sources. However, the upcoming meeting will be more complex than the previous confabs given…
WTI Hits $100 As Sanctions Weigh On Russian Oil Flows
Crude oil's rally continued unabated today even after the United States and several of its international allies said they may release oil from their reserves in response to the high…
Russia’s SWIFT Ban Could Send Shockwaves Through Oil And Commodity Markets
After months of frantic diplomacy, the West's worst fears finally came true on Thursday after Russian forces launched their long-feared attack on Ukraine.…
Big Oil Is Turning Its Back On Russia
As an invasion unfolds in Eastern Europe, the reverberations from heavy shelling in Ukraine are rippling across the world. As Putin’s Russia invades the sovereign country and the…
The Ukraine Crisis Could Trigger An Oil Supercycle
The world is short on spare oil production capacity. This became clear a while ago despite attempts to ignore it on the part of some governments of large…
OPEC Chief: Oil Industry “Under Siege”
The global oil industry is “under siege” by climate campaigners who have “seized the momentum” to dictate the energy transition with misguided talk about halting investment in oil and gas,…
Can The U.S. Replace Russian Oil Imports?
Following Russia’s invasion of Ukraine, one of the issues being discussed a lot in the West is what an ongoing military conflict may do to oil prices.
U.S. To Help Uzbekistan Explore New Shale Deposits
Scientists from the United States will team up with experts from Uzbekistan to prospect for shale oil and gas deposits this year as Tashkent moves to ramp up…
Will Biden's Freezing Of Oil And Gas Leases Exacerbate The Energy Crisis?
As oil prices continue to rocket, now further helped along by Russia's invasion of Ukraine, the Biden administration is still fighting tooth and nail to freeze new oil…
OPEC+ Unlikely To Change Course On Output Despite $100 Oil, Ukraine Crisis
Despite $100 oil and the Russian invasion of Ukraine, the OPEC+ alliance is set to rubberstamp another 400,000 bpd increase in monthly production targets next week, several OPEC+ sources told…
Charting The Collapse Of Latin America’s Largest Oil Nation
For decades after the rise of Pablo Escobar and the Medellin cartel, the violence-riven Latin American country of Colombia was long associated with…
Iran Moves Millions Of Barrels Of Oil Onto Tankers As Nuclear Agreement Nears
Iran is preparing for a possible lifting of the U.S. sanctions on its oil exports in case a deal is reached in the ongoing nuclear talks, as the Islamic Republic…
Saudi Arabia Slams Shortsighted Campaign Against Oil
The world’s top oil exporter, Saudi Arabia, has repeatedly said it wants to be the producer that will pump the very last barrel of oil. Until that time…
Are U.S. Shale Firms Spending Enough On New Oil Projects?
The overwhelming majority of analysts expect oil prices to continue climbing, with Brent widely expected to top $100 per barrel by the end…
Forecasters Have No Clue Where Oil Demand Is Really Going
Since the Paris Agreement in 2015, the oil market and investors have seen a growing gap between the highest and lowest demand scenarios from the major forecasting agencies to the…
