 |
Louisiana Light • 3 days | 93.55 | -0.08 | -0.09% | ||
|
Bonny Light • 2 days | 96.23 | -1.40 | -1.43% | ||
|
Opec Basket • 3 days | 97.48 | +2.17 | +2.28% | ||
|
Mars US • 1 day | 88.89 | -0.92 | -1.02% | ||
|
Gasoline • 1 day | 2.440 | -0.065 | -2.61% |
|
Bonny Light • 2 days | 96.23 | -1.40 | -1.43% | ||
|
Girassol • 2 days | 97.26 | -1.46 | -1.48% | ||
|
Opec Basket • 3 days | 97.48 | +2.17 | +2.28% |
|
Peace Sour • 1 day | 86.21 | -1.97 | -2.23% | ||
|
Light Sour Blend • 1 day | 86.71 | -1.97 | -2.22% | ||
|
Syncrude Sweet Premium • 1 day | 95.31 | -1.97 | -2.03% | ||
|
Central Alberta • 1 day | 84.51 | -1.97 | -2.28% |
|
Eagle Ford • 3 days | 88.19 | +1.32 | +1.52% | ||
|
Oklahoma Sweet • 3 days | 88.25 | +1.25 | +1.44% | ||
|
Kansas Common • 4 days | 84.00 | +3.25 | +4.02% | ||
|
Buena Vista • 4 days | 98.88 | +2.54 | +2.64% |
ChatGPT's Surprising Environmental Footprint Revealed
Microsoft’s heavy investment in AI…
The Shipping Fuel Of The Future
Methanol is emerging as the…
Energy / Energy-General
High Fuel Costs Challenge Airline Profits After Busy Summer
Several U.S. airlines expect an increase in jet fuel prices to squeeze their revenues this year, following a busy summer season. Unexpectedly high fuel prices could mean lower profits for…
Good Energy CEO: Price Cap Is Pushing Energy Bills Higher
The price cap has been a “terrible public policy failure” which has driven up bills for customers, Good Energy chief executive Nigel Pocklington has warned. Pocklington…
EIA Forecasts Continued Decline In U.S. Shale Oil Output
Shale oil production in the United States is set to decline for the third month in a row to 9.39 million barrels daily, the Energy Information Administration said in…
U.S. Gasoline Prices Rise On Refinery Outages
Retail gasoline prices in the United States are continuing to rise, and are up 4.6 cents from a week ago, according to GasBuddy data. The national average is still down…
Musk Meets Erdogan About Potential Tesla Factory
Elon Musk in May said that Tesla would pick a new gigafactory location by the end of the year. Lately, the billionaire has spoken with a handful…
EU's Renewables Surge Faces China Supply Chain Dilemma
The European Union could move from one heavy energy dependence to another as the achievement of its green energy targets could depend on China as much as the EU's gas…
How Green Bonds Are Blurring Environmental Commitments
A week ago, Danish transport giant Moeller-Maersk issued its first green bond. The debt, worth $750 million, will be used to “help finance or refinance green assets.”…
BMW And Mercedes Debut Game-Changing EV Concepts
Both BMW and Mercedes announced innovative new concept electric vehicles (EVs) this month that they say can compete with the range and capabilities of new Tesla models. The automakers hope…
UK's Offshore Wind Aspirations At Risk After Auction Flop
After the most recent U.K. offshore wind auction failed to attract a single bid, the outlook for British wind energy looks increasingly bleak. In recent months, the U.K.’s conservative government…
ChatGPT's Surprising Environmental Footprint Revealed
Climate alarmists have waged war on energy-intensive cryptocurrency mining operations but have yet to denounce large language models (LLMs) like Microsoft-backed OpenAI's ChatGPT that use 16 ounces of…
Oil Prices Extend Gains As Market Tightens
Oil prices rose in early Asian trade on Monday, extending last week’s gains amid expectations of an increasingly tighter market and hopes that China’s latest stimulus measures would…
U.S. Drilling Activity Ticks Up As Oil Prices Rise
The total number of active drilling rigs in the United States rose by 9 this week, according to new data from Baker Hughes published Friday. The total rig count rebounded…
Tight Diesel Markets Could Add To Inflation Woes
Distillate markets are tightening again, lifting the prices of diesel and heating oil for the harvest and winter heating seasons and threatening to raise inflationary pressures again. Refinery outages, changed…
Truckers Grapple With Rising Diesel Costs And High-Interest Rates
A couple of truckload carriers said the bottom of the cycle has likely occurred but acknowledged that any material positive inflection in fundamentals won’t happen until sometime in…
European EVs Rely On China’s Low Manufacturing Costs
The EU needs to realize that when it points one investigatory finger at Chinese EV subsidies, three more point back at it. Among the ironies behind…
France May Take Action To Curb Oil Refiner's Profits
France has "questions" about refining margins, and decisions could be made to curb excessive profits, French Finance Minister Bruno Le Maire told journalists on Thursday. Inflation has been a concern…
Historic Strike Hits Big Three Automakers Hard
For the first time in history that the 146,000-member union has simultaneously gone on strike against Ford, General Motors(GM) and Stellantis, according to…
An Apparently Unstoppable Oil Price Rally
There appears to be no end in sight for the current oil price rally or for the bullish catalysts driving it as tightening supply combines with the apparent return of Chinese…
Venezuela Remains The Oil Market's Biggest Known Unknown
1. Despite Lower Gas Prices, Europe’s Industrial Gas Demand Just Not Enough- Europe’s industry gas…
The Oil Price Rally Is Fueling Inflation Concerns
U.S. crude oil prices have surged past $90 a barrel, triggering worries about accelerating inflation and its potential impact on an economy already grappling with the Federal Reserve's aggressive interest…
