 |
Louisiana Light • 2 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 2 days | 84.86 | -0.57 | -0.67% | ||
|
Opec Basket • 2 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 182 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.563 | -0.034 | -1.29% |
|
Bonny Light • 2 days | 84.86 | -0.57 | -0.67% | ||
|
Girassol • 2 days | 85.78 | -0.59 | -0.68% | ||
|
Opec Basket • 2 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 11 hours | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 11 hours | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 11 hours | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 11 hours | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 2 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 4 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 5 days | 87.60 | -1.22 | -1.37% |
Breaking News:
$2-Trillion Funding Gap Casts Shadow over Energy Transition
Blackrock's Michael Dennis said that…
Fresh EU Sanctions on Russian Gas Could Trigger a Price Rally
TotalEnergies CEO Pouyanne has predicted…
Energy / Energy-General
Baghdad Asks Kurdistan To Cut Oil Production
The federal Iraqi government has asked the Kurdistan Regional Government to reduce oil production by 120,000 bpd, Reuters reported, citing the Iraqi News Agency. The federal government is negotiating…
The Start Of A New Oil Market Supercycle
It is over-simplification to say the world has been overwhelmed with too much oil and gas and inadequate drivers of demand for them over the last few years.…
The Superbattery Code Has Just Been Cracked
Ultrafast charging, the Holy Grail of batteries, has been elusive for years. It is one big reason—perhaps the biggest—why electric cars have not taken off the way they should have…
Private Equity Is Bargain Hunting In Canada’s Oil Patch
After two months of an encouraging—if not half-hearted--rebound, oil prices have gone into reverse gear once again. Futures tied to WTI crude were down a whopping 8% on…
OPEC+ Output Cuts Increasingly Important For Oil Market Recovery
Despite a moderate price rebound on Wednesday, oil markets have been under significant pressure since last week. Brent prices closed the week at $42.66, down by 6.88% w/w, while…
Saudi Economic Outlook Sours After Oil Price Crash
Saudi Arabia’s economic outlook for this year remains uncertain amid the pandemic-driven economic slowdown and the collapse in oil prices that led to the Kingdom slashing its oil production as…
China Set To Debut “Next Gen” Nuclear Power Plant
Bill Gates better hurry up and build those "homegrown" nuclear reactors across the Pacific Northwest, because China is already on track to outpace the US in applying the newest generation…
Embattled Dakota Access Pipeline To Start Operating Next Year
An expanded Dakota Access pipeline could go into operation by the third quarter of next year, Energy Transfer said in an investor presentation. The embattled project, which aims to…
Oil Markets Get A Major Reality Check As Demand Sours
A recovery in jet fuel, gasoline, and crude oil demand is the one thing standing in the way of drawing down the existing inventory glut for crude and…
Russian Fuel Oil Is A Hit In The U.S.
The issue of US-Russia energy ties has been enjoying a bit of media spotlight as President Trump accused Democrats in New England of purchasing Russian crude to the…
Oil Prices Crash On Weak Demand
Oil prices crashed at the start of the week, with fears about global oil demand and a weak stock market being the main catalysts.
Nikola Teams Up With GM In Game-Changing $2 Billion Deal
EV markets continue to grab the headlines this week as Tesla competitor Nikola (NASDAQ:NKLA) announced that it had teamed up with GM (NYSE:GM) to produce its much-hyped Badger…
Why Does Trump Want To Regulate Sustainable Investing?
While asset managers and investors increasingly emphasize sustainable investment in their criteria for investing in funds and equities, the Trump Administration is proposing a rule that would limit…
Colombia’s Oil Industry Is Showing Signs Of Recovery
While the August 2020 global rig count remains significantly lower than for the same period last year, because of oil’s protracted price slump, Colombia’s economically crucial petroleum industry…
Is Saudi Arabia’s Ambitious Vision 2030 Plan Dead?
A $500-billion smart city. A $200-billion solar farm. Billions of dollars in investments in gas and petrochemicals. These were all facets of Saudi Arabia’s Vision 2030—perhaps the most…
Oil Industry Talent Has Fled Or Been Fired, So What Comes Next?
Talk of a talent shortage when the oil industry is laying off workers en masse may sound counterintuitive. However, a few years from now, the industry…
The Harsh Truth About Bitcoin Mining And Climate Change
Bitcoin has frequently been lambasted for its energy-intensive mining process. Two years ago, Nature Climate Change warned that Bitcoin mining alone could push…
The Threat Of Oil Nationalism In Argentina
Latin America has a long history of resource nationalism, particularly when it comes to petroleum. Since the end of World War Two, this has acted as a significant…
Hedge Funds Bet Against A Smooth Oil Market Recovery
The sluggish global oil demand recovery is putting off the point of oil market rebalancing and adding downward pressure on oil prices. At the end of…
The Nano-Diamond Battery That Lasts For 28,000 Years
U.S. startup NDB, a company that says it has created the first and only universal, self-charging nano-diamond battery that provides thousands of years of charge, announced
