 |
Louisiana Light • 4 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 3 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 4 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 185 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.564 | +0.009 | +0.34% |
|
Bonny Light • 3 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 3 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 4 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 5 hours | 71.31 | -0.84 | -1.16% | ||
|
Light Sour Blend • 5 hours | 74.36 | -0.84 | -1.12% | ||
|
Syncrude Sweet Premium • 5 hours | 81.31 | -0.84 | -1.02% | ||
|
Central Alberta • 5 hours | 71.71 | -0.84 | -1.16% |
|
Eagle Ford • 4 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 4 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 6 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 7 days | 87.60 | -1.22 | -1.37% |
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Energy / Energy-General
The Car Giants That Knew About Climate Change 50 Years Ago
General Motors and Ford have known about the effect burning fossil fuels has on climate for 50 years, a report from E&E News has revealed. And not just…
Saudi Aramco: Oil Demand Too Weak To Ease OPEC+ Output Cuts
Global demand currently is not supportive for OPEC+ easing the oil production cuts on January 2021, Ibrahim Al-Buainain, president and chief executive of Aramco Trading, told Gulf Intelligence on…
Trump Makes Final Push To Defend Fracking
President Donald Trump is reportedly preparing to sign an executive order that would mandate the analysis of fracking and its effects on the economy in one final campaign push to…
Why Libya’s Surge In Oil Exports Won’t Last
The Libyan ceasefire agreement, which is being painted as a permanent one, could soon face increased opposition if third party interference is not dealt with. The UN-brokered (UNSMIL)…
The Next Oil & Gas Battleground For Supermajors
Chevron’s acquisition of Noble Energy launched an ongoing M&A frenzy in the U.S. shale patch as companies look to consolidate to cut costs while adding immediately cash-flow-positive resources…
Venezuela’s Oil Industry Could Take Decades To Recover
There are considerable concerns that the vast oil reserves of Venezuela, totaling a billion barrels, could become a stranded asset. It was Venezuela’s burgeoning post-World War One oil…
Oman Faces Tough Choices As Budget Deficit Deepens
Oman is looking at ‘all financing options’ following the lacklustre sale last week of a total US$2 billion bond offering, according to legal sources working with the Sultanate…
The U.S. Looks To Delay The World’s Most Controversial Pipeline Once Again
The prolonged Nord Stream-2 saga has managed the unmanageable – industry watchers are becoming numb to the ever-changing prospects of the project and are becoming less and less…
Oil Demand In Doubt As COVID Cases Climb
The price of WTI is once again below $40 as new COVID cases drive demand lower and Libya threatens to bring a new wave of supply online.
Exploration Activity Offshore Norway Plunges After Oil Price Crash
Oil and gas operators are expected to drill around 30 exploration wells offshore Norway this year—just half the number of exploration wells from last year and the lowest number in…
Gulf Of Mexico Drillers Shut In Production As Tropical Storm Zeta Nears
Operators in the U.S. Gulf of Mexico have already shut in nearly 16 percent of the oil production in the area and are expected to shut down more offshore platforms…
Wall Street’s Hottest Fund Is Going All In On This $4 Trillion Market
Blackrock, considered by many to be the undisputed king of Wall Street with $6.5 trillion in assets under management, hasn’t just gone off dirty fossil fuels ... It also…
China Sets Its Sights On Global EV Dominance
The world’s largest automotive market, China, is looking to become a dominant player in the rising global electric vehicle market. Chinese EV manufacturers are expected to start expanding…
Oil Prices Under Pressure Again As Supply Climbs
Oil markets retained strength over the past week following the OPEC+ JMMC meeting which had sent positive signals to the oil markets. CFTC data shows that money managers increased their…
Is Canadian LNG Too Expensive To Compete?
British Columbia is one very pro-LNG province. Both main parties are firmly in favor of LNG projects, and both have made them a prominent point in…
The Shift Away From Fossil Fuels Is Inevitable Regardless Of Who Is Elected
The shift from fossil fuels to renewables is in full swing, and that inexorable march will carry on in the coming years regardless of who sits at the…
The Big Oil Price Gamble: US Producers Cut Back On Hedging
US E&P companies have so far hedged 41% of their total forecasted 2021 oil output at an average price floor of $42 per barrel (Nymex WTI equivalent), lower…
Gulf Of Mexico Oil Drillers Evacuate Ahead Of Storm Zeta
Another storm is headed to the U.S. Gulf of Mexico this week, prompting oil and gas operators in the area to start evacuating platforms again. BP, for example, said…
Oil Prices Fall As Libya Looks To Bring Back 1 Million Bpd
Libya’s crude oil production could reach 800,000 bpd over the next two weeks and top 1 million barrels daily within a month now that the National Oil Corporation has lifted…
Saudi Energy Minister: Getting Rid Of Oil And Gas Is ‘’Unrealistic’’
Getting rid of oil and gas is “far-fetched and unrealistic,” Saudi Energy Minister, Prince Abdulaziz bin Salman, said on Monday, adding that companies and governments should be thinking about how…
