 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 18 hours | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 1 hour | 2.736 | +0.002 | +0.05% |
|
Bonny Light • 18 hours | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 18 hours | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 17 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 17 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 17 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 17 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
China Exports Gasoline Using Blockchain In Unprecedented Move
China’s Sinochem Energy Technology Co has…
Oil Exports or Carbon Credits: The Global South’s Dilemma
Asking developong nations to stop…
Energy / Energy-General
Oil Prices Rise On Bullish Inventory Data
Only a week ago, crude oil seemed poised to move lower. At that time, hedge fund liquidation and rising U.S. production were driving the price action. This week is a…
Expert Commentary: What’s Behind China’s Crude Benchmark?
After being in the works for well over half a decade, China is finally launching its own crude futures contract next week, with the ultimate goal of creating a yuan-denominated…
Oil Rebounds Despite Trade War Fears
Oil prices saw promising gains on Friday, despite Thursday's dip following the news of Trump's $60-billion Chinese tariffs. (Click to enlarge)
U.S. Rig Count Continues To Rise As Canadian Rig Count Plunges
Baker Hughes reported another 5-rig increase to the number of oil and gas rigs this week. The total number of oil and gas rigs now stands at 995, which…
Global C02 Emissions Rise For The First Time In 3 Years
In a worrying development, global CO2 emissions from energy jumped by 1.4 percent in 2017, the first increase in three years. The trend indicates that global efforts to reduce emissions…
What Trump’s Tariffs Mean For Global Oil And Gas
President Trump is about to escalate the brewing global trade war with another round of tariffs, although he appears to be narrowing his sights on just China. The Trump administration…
An Innovative Solution To Solar's Biggest Problem
Australia is doubling down on its solar push, striving to make renewable power generation available to everyone, including renters. That’s right – there are companies specifically targeting solar power for…
The Death Of Traditional Power Grids
The problem with centralized power grids is that they can be crippled at just one point of failure, leaving consumers vulnerable to outages. According to Mark Feasel of Schneider…
U.S. Electricity Sales Fall Again
Well, it happened again. 2017 was another down year for the US electric utility industry--despite a reasonably robust economy and increasing population. The 2.1 percent drop was bigger than usual.…
Oil Traders, Supermajors Diverge On Demand Forecasts
The world’s oil supermajors and largest oil trading companies are not in agreement on the future trends in oil demand, a recent event has revealed. This, although normal, should serve…
Is Guyana Prepared For An Oil Boom?
Guyana’s story shares many similarities with the story of the ugly duckling. One of the poorest countries in South America, it has historically been entirely dependent on oil imports. In…
The World’s Largest Oil Traders Are Shifting Strategy
The world’s largest independent oil trader, Vitol, is looking to secure long-term deals with some of the biggest oil-producing countries in the Middle East, in what has become a challenging…
Egypt: The Next Natural Gas Hotspot
The Eastern Mediterranean is becoming a major source of natural gas production, and Egypt is at the center of this emerging gas hub. In February, Noble Energy and its partners…
Saudi Crown Prince: Oil Markets Are Close To Regaining Stability
The global oil market is close to regaining stability, Saudi Arabia’s Crown Prince Mohammed said at a meeting with President Trump at the White House ahead of bilateral talks…
Oil Prices Up As EIA Confirms Crude Draw
The Energy Information Administration reported an decline in crude oil inventories of 2.6 million barrels for the week to March 16, pushing up prices in concert with rising Middle…
Will China’s New Oil Futures Flop?
This week will see a historic event: on March 26, trading will begin in yuan-denominated crude oil futures contracts on the Shanghai International Energy Exchange. The futures launch is historic…
What The Saudi-Russian Alliance Means For Oil Markets
For the last three or four decades it would be very hard to imagine any sort of deep cooperation between Saudi Arabia and Russia. The two share a history fraught…
Oil Prices Tear Higher On Middle East Tensions
Oil prices rose on Tuesday ahead of the API data report, fueled by Middle East tensions and dwindling crude output in Venezuela. (Click to enlarge)
Legal Risks Jeopardize World's Largest IPO
Legal risks and rising oil prices have prompted Saudi Arabia to scale back the IPO plan for its oil giant Aramco, whose shares will be floated only on the Saudi…
Natural Gas Is Under Attack
Natural gas has been billed as the key “bridge fuel” that will help the energy transition, replacing coal while buying time for renewable energy to scale up. However, even as…
