 |
Louisiana Light • 2 days | 84.25 | -2.54 | -2.93% | ||
|
Bonny Light • 2 days | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% | ||
|
Mars US • 181 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.594 | +0.016 | +0.63% |
|
Bonny Light • 2 days | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 2 days | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% |
|
Peace Sour • 14 hours | 72.20 | -2.93 | -3.90% | ||
|
Light Sour Blend • 14 hours | 75.25 | -2.93 | -3.75% | ||
|
Syncrude Sweet Premium • 14 hours | 82.20 | -2.93 | -3.44% | ||
|
Central Alberta • 14 hours | 72.60 | -2.93 | -3.88% |
|
Eagle Ford • 2 days | 75.48 | -2.93 | -3.74% | ||
|
Oklahoma Sweet • 2 days | 75.50 | -2.75 | -3.51% | ||
|
Kansas Common • 3 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 4 days | 87.60 | -1.22 | -1.37% |
Breaking News:
China Is Winning The Race for Affordable EVs
While U.S. and European automakers…
What Does Billionaires Dominating Space Travel Mean for the World?
Billionaires' ventures into space travel…
Energy / Energy-General
Tesla’s Latest Tech Aims To Kill Boring Jobs For Good
Just when you thought you would never belly laugh harder than when Elon Musk decided to demonstrate the Cybertruck's shatterproof windows, along comes AI Day 2021 - a…
U.S. Rig Count Ticks Higher Amid Oil Price Slide
The number of oil and gas rigs in the United States rose by 3 this week, according to Baker Hughes—after rising by 9 last week. The total rig count is…
U.S. Large-Scale Battery Storage Capacity Is Booming
Large-scale battery power capacity in the United States jumped by 35 percent last year to reach 1,650 megawatts (MW), and the significant growth of the past few years is set…
The Oil Price Collapse Continues
As uncertainty over new Covid outbreaks combined with a strengthening U.S. dollar, oil prices came under pressure this week and are on course to finish the week 7 percent down.
Beijing’s Big Tech, Refiner Crackdown Sends Clean Energy Stocks Flying
The current year has seen a massive wave of regulatory pressure by the Chinese government on key strategic sectors of its economy. Beijing has tightened regulatory scrutiny on…
Asia Sees Stunning Setback In Jet Fuel Demand
International aviation restrictions are still preventing jet fuel from recovering as fast as other oil products, a Rystad Energy analysis reveals. Most of the demand destruction seen in…
JP Morgan: Don’t Expect A ‘Shock’ Transition In Energy Markets
The energy transition dream clashes with a reality in which the funding and behavioral changes necessary for deep decarbonization of the global energy system are grossly underestimated.
Is The U.S. Shale Bankruptcy Rout Over?
Back in April, we reported that U.S. oil and gas companies were still filing for bankruptcy at record levels right in the midst…
U.S. Politics Are Weighing On Canada’s Oil Industry
Alberta is taking hit after hit following the cancellation of the Keystone pipeline and international pressure to curb oil production in the coming years, as the oil-rich state…
Are America’s Electric Vehicle Targets Too Ambitious?
Sales of electric vehicles in the United States more than doubled in the first half of 2021 compared to the same period last year, when lockdowns had hit…
Russia May Be Gloating But It Faces Major Problems In Afghanistan
Chaos enveloped Kabul's main airport, with thousands of Afghans frantically rushing to flee Taliban fighters while U.S. Marines sought to provide security for American diplomats and allies being…
Wall Street Bullish On Oil Despite Losing Streak
Oil prices fell on Friday but still managed to eke out a slight weekly gain at $68.44/bbl, as investors continued to weigh a bullishly tight global…
Is This South America’s Last Great Oil Boom?
The Guyana-Suriname basin is gaining considerable attention from big oil despite the threat of peak oil demand and global push to significantly reduce carbon emissions. The U.S. Geological…
Big Oil’s Carbon Capture Push Is All Talk And No Substance
Big Oil has cleaved into two factions. On the Eastern side of the Atlantic, supermajor oil companies in Europe have majorly divested from…
Bearish Sentiment Begins To Take Hold In Oil Markets
It has been a quiet start to the week for oil markets, but bearish sentiment is undeniably building as the Delta variant threatens to damage global demand.
Oil Markets Uncertain Over Delta Demand Destruction
Following an important agreement among the OPEC+ members last month, oil prices have fallen in the last week, dropping by more than 9% since their highest recorded level last…
5 Things You Need To Know About The World’s Hottest Oil Play
With evidence of an active petroleum system now confirmed after two test wells in Namibia’s 6.3-million-acre Kavango Basin, the game is afoot with 2D seismic and a 6-well exploration drilling…
Is It Time For Biden To Rethink Sanctions Against Venezuela?
Negotiations for Venezuela’s November 2021 regional elections, which are being brokered by Norway, kicked off this week in Mexico. The talks between the authoritarian regime of Nicolas Maduro…
Biden Administration Wants To Wean All Airlines Off Fossil Fuels By 2050
As if we weren't throwing enough trillions of dollars away (or, should we say, printing enough trillions away) incentivizing ill conceived "green energy" subsidies, the Biden administration is…
Aramco Moves Closer To Closing $25B Reliance Megadeal
Saudi Aramco is in an advanced stage of negotiations to buy in an all-stock deal, valued at up to $25 billion, some 20 percent of the oil refining and chemicals…
