 |
Louisiana Light • 1 day | 87.56 | +0.00 | +0.00% | ||
|
Bonny Light • 1 day | 88.85 | -1.30 | -1.44% | ||
|
Opec Basket • 1 day | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 179 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 12 mins | 2.704 | -0.045 | -1.63% |
|
Bonny Light • 1 day | 88.85 | -1.30 | -1.44% | ||
|
Girassol • 1 day | 89.64 | -1.21 | -1.33% | ||
|
Opec Basket • 1 day | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 10 hours | 75.83 | -1.22 | -1.58% | ||
|
Light Sour Blend • 10 hours | 78.88 | -1.22 | -1.52% | ||
|
Syncrude Sweet Premium • 10 hours | 85.83 | -1.22 | -1.40% | ||
|
Central Alberta • 10 hours | 76.23 | -1.22 | -1.58% |
|
Eagle Ford • 1 day | 79.11 | +0.00 | +0.00% | ||
|
Oklahoma Sweet • 1 day | 79.00 | +0.00 | +0.00% | ||
|
Kansas Common • 1 day | 73.00 | -1.00 | -1.35% | ||
|
Buena Vista • 4 days | 88.82 | +0.60 | +0.68% |
Fresh EU Sanctions on Russian Gas Could Trigger a Price Rally
TotalEnergies CEO Pouyanne has predicted…
India Ratchets Up Its Renewable Energy Installations
India has ratcheted up renewable energy installations…
Energy / Energy-General
Saudi Arabia’s Production Capacity Boost Doesn’t Solve Today’s Problems
Saudi state oil giant Aramco reported its latest financial results last weekend. In the report, the company boasted a twofold jump in net profits for 2021, which was…
Russia Cuts Refinery Output As Diesel Shortage Worsens
Europe's diesel shortage is becoming worse as Russian oil refiners have started to cut back on refinery throughput, according to the chief executive of one of the world's largest independent…
Russia’s Proposed Ban On Uranium Exports Sends Stocks Soaring
Several weeks ago, when Biden instituted a wholesale ban on Russian energy exports, he explicitly carved out Russian uranium suppliers for the simple reason that the US is…
The Final Obstacle To A New Iran Nuclear Deal
According to several sources close to the negotiations to resuscitate the Joint Comprehensive Plan of Action (JCPOA) – including a highly-placed source who works closely with Iran’s Petroleum…
Saudi Arabia Remains China’s Top Oil Supplier Despite Deep Russian Discounts
The world’s largest oil exporter, Saudi Arabia, was once again the top supplier of crude to the world’s top importer, China, beating its partner in the OPEC+ deal,…
What Is Holding U.S. Nuclear Energy Back?
Global energy markets are in turmoil over Russia’s invasion of Ukraine and the subsequent energy sanctions imposed by western nations. As we recently wrote, both renewables and nuclear…
Soaring Fossil Fuel Prices Shouldn't Dampen Energy Transition Optimism
Four months after COP26, the global energy picture has changed significantly — and not in the direction that COP negotiators would have hoped. Far from declining, coal use…
Lithium Prices Have Nearly Doubled In 2022 Amid Insane Commodity Rally
Oil and commodity markets have been taking out fresh highs after the shuttering of Ukrainian ports, sanctions against Russia, and disruption in Libyan oil production sent energy, crop,…
Russia's Invasion Of Ukraine Is A Catastrophe For Its Oil Industry
A quick look at the numbers will show just how intertwined Europe and Russia are, and how the Russians have taken aim at the goose that lays the…
Is Biden To Blame For Soaring Gasoline Prices?
One year ago this week I wrote an article that turned out to be my most popular Forbes article ever: Who Is To Blame For…
Saudi Aramco Boosts Capex After Doubling Its Profits In 2021
Saudi Aramco reported its net profit for 2021 had risen twofold to $110 billion thanks to the surge in oil prices. Thanks to the strong performance, the company said…
OPEC’s Best Kept Secret Will Soon Be Revealed
Russia’s invasion of Ukraine has upended global energy markets and, if stability doesn’t return soon, that could have serious geopolitical consequences for OPEC members. The pre-invasion hydrocarbon markets…
‘’The Market Is Untradable’’ Oil Traders Grapple With Extreme Volatility
Sparked by the Russian invasion of Ukraine and the potential of up to 3 million bpd loss of Russian supply, the extreme volatility in oil markets is here…
The Fossil Fuel Renaissance
Renewables aren’t the only energy source on the up in response to the Russian invasion of Ukraine, as countries are now looking to fossil fuels that many previously…
Oilfield Service Majors Aren’t Pulling Out Of Russia
The three biggest international oilfield services firms remain in Russia, not following nearly all Western oil majors that have said in recent weeks they would quit their Russian…
Oil Price Volatility Is Here To Stay
Oil prices are back above $100 after negotiations between Russia and Ukraine deteriorated. Energy markets are rife with uncertainty, with the IEA suggesting that consumers will have to figure out…
Sustainability-Linked Bonds: A New Financing Solution For Emerging Markets
Emerging markets are harnessing environmental, social and governance (ESG) metrics to raise debt and fund their energy transitions, with Chile recently becoming the first country to issue bonds…
U.S. Oil Rig Count Drops Despite Rising Crude Prices
The number of total active drilling rigs in the United States was unchanged this week, even as WTI trades over $104 per barrel. The total rig count stayed at 663…
The Economic Cost Of Soaring Energy Prices
1. Skyrocketing Energy Costs Weigh on Economic Recovery- Energy costs are expected to hit an…
Is This The Start Of Another Major Rally In Oil?
U.S. West Texas Intermediate crude oil futures are trading slightly higher early Friday as traders attempt to claw back this week’s low. It’s been a volatile week with prices hitting…
