 |
Louisiana Light • 4 days | 83.45 | -0.94 | -1.11% | ||
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Bonny Light • 4 days | 84.45 | -0.41 | -0.48% | ||
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Opec Basket • 4 days | 83.79 | -0.44 | -0.52% | ||
|
Mars US • 185 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.578 | -0.011 | -0.41% |
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Bonny Light • 4 days | 84.45 | -0.41 | -0.48% | ||
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Girassol • 4 days | 85.44 | -0.34 | -0.40% | ||
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Opec Basket • 4 days | 83.79 | -0.44 | -0.52% |
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Peace Sour • 2 hours | 71.68 | +0.37 | +0.52% | ||
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Light Sour Blend • 2 hours | 74.73 | +0.37 | +0.50% | ||
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Syncrude Sweet Premium • 2 hours | 81.68 | +0.37 | +0.46% | ||
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Central Alberta • 2 hours | 72.08 | +0.37 | +0.52% |
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Eagle Ford • 4 days | 74.59 | -0.84 | -1.11% | ||
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Oklahoma Sweet • 4 days | 74.50 | -1.00 | -1.32% | ||
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Kansas Common • 7 days | 72.25 | -0.75 | -1.03% | ||
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Buena Vista • 8 days | 87.60 | -1.22 | -1.37% |
Saudi Aramco Seeks Investment Opportunities in New Energies Abroad
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Deepwater Exploration Is Booming Again
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Energy / Energy-General
The Big Question in OPEC’s Production Cut Strategy
Last weekend, OPEC and its partners, led by Russia, decided to extend their combined production cut agreement until the end of the first quarter. Nobody was surprised…
Cutting-Edge AI Identifies New Catalysts for Hydrogen Electrolysis
A National Institute for Materials Science, Japan research team has developed an AI technique capable of expediting the identification of materials with desirable characteristics. Using…
Two Countries That Could Break Putin's Gas Grip On Europe
At this moment, a fast-moving development is unfolding in Europe’s energy industry that is gaining more attention by the day. Europe’s energy crisis, triggered by Russia’s early 2022 invasion of…
Why China's Strong Commodity Imports Defy Weak Economic Data
Despite continued weak economic performance, China's imports of major commodities in the first two months of 2024 held strong and exceeded last year's levels. Imports of crude oil, LNG, coal,…
Is Saudi Arabia’s Gas Megaproject Jafurah Too Good to be True?
According to Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman last week, an extra 15 trillion cubic feet (tcf) of gas deposits has been proven at Saudi Aramco’s Jafurah gas…
Oil Prices Fall as China Fails to Impress Markets With Growth Pledge
Oil prices have had a disappointing start to the week as markets were underwhelmed by China's commitments to get its economy back on track and boost demand.
China’s Rare Earth Export Ban Is Backfiring
Via Metal Miner The Rare Earths MMI (Monthly Metals Index) experienced a pretty significant drop month-on-month, falling 24.73%.…
MIT’s Superconducting Magnets Mark Major Fusion Milestone
An MIT comprehensive study of high-temperature superconducting magnets confirms they meet requirements for an economic, compact fusion power plant. A detailed report by researchers…
Uzbekistan Plans Electric Bus Fleet With Chinese Support
Uzbekistan is looking to China for help in upgrading the Uzbek rail system. A delegation from the Chinese locomotive and rolling stock manufacturer CRRC
Geoengineering: 3 Novel Ways To Artificially Alter The Climate
Global temperatures are currently increasing at a faster clip than at any time in the last 2 million years. This has fueled record-breaking heat waves, wildfires and droughts, and…
World's Second-Largest Lithium Producer Boosts Capacity Despite Glut
Unlike most lithium miners, the world's second-largest producer, Chile's Sociedad Química y Minera (SQM), is ramping up capacity expansion despite the glut in the market, which has crushed lithium prices…
Exxon Guyana Slap at Chevron Highlights Supply Security Importance
When Chevron announced it had struck a deal to acquire Hess Corp. for $53 billion last year, it was seen as yet another move by a supermajor to secure…
The Renewable Revolution’s $3 Trillion Problem
Renewable energy developments continue at break-neck speed, with $644 billion to be spent on new capacity in 2024, but outdated and inadequate power grids could prove to be…
U.S. Seeks Semiconductor Supremacy with New Funding Initiatives
As it accelerates its green transition, the U.S. is looking to become a major player in the international semiconductor market, to become more competitive with Asia, the world’s biggest producer…
Breakthrough Biotech Paves Way for Green Fuel Production Boom
A new University of California – Riverside (UCR) study found that introducing a simple, renewable chemical to the pretreatment step can finally make next-generation biofuel production both…
Red Sea Disruptions Push OECD Crude Inventories Lower
1. Red Sea Disruptions Shrink OECD Crude Inventories Further - The price squeeze in the Atlantic…
Mysterious Power Outage Paralyzes Tajikistan
Entire swathes of Tajikistan were left without electricity for around three hours on March 1 amid what appears to have been a major technical malfunction. Households…
Oil Markets Await the Next OPEC+ Announcement
Oil prices remained stubbornly rangebound in February as signs of a recovering U.S. economy were countered by weaker economic data in both Europe and China.
Could This Unknown Company Help Solve Europe’s Energy Crisis?
Supergiants like Exxon are focused on big offshore venues like Guyana and Namibia, leaving behind prime onshore natural gas assets in Europe - a region that is now desperate for…
Supply Becomes a Downward Risk for Oil Prices Despite OPEC+ Cuts
This week's crude oil price movements have been significantly influenced by various economic indicators and central bank policies. In the U.S., the Federal Reserve's preferred inflation gauge, the personal consumption…
