 |
Louisiana Light • 3 days | 97.36 | -1.96 | -1.97% | ||
|
Bonny Light • 46 days | 118.1 | -3.97 | -3.25% | ||
|
Opec Basket • 4 days | 103.2 | +1.91 | +1.89% | ||
|
Mars US • 3 days | 90.59 | -2.65 | -2.84% | ||
|
Gasoline • 11 mins | 2.939 | -0.107 | -3.51% |
|
Bonny Light • 46 days | 118.1 | -3.97 | -3.25% | ||
|
Girassol • 46 days | 117.1 | -3.86 | -3.19% | ||
|
Opec Basket • 4 days | 103.2 | +1.91 | +1.89% |
|
Peace Sour • 11 hours | 87.54 | -2.25 | -2.51% | ||
|
Light Sour Blend • 11 hours | 89.64 | -2.25 | -2.45% | ||
|
Syncrude Sweet Premium • 11 hours | 93.19 | -2.25 | -2.36% | ||
|
Central Alberta • 11 hours | 87.84 | -2.25 | -2.50% |
|
Eagle Ford • 3 days | 97.22 | +2.20 | +2.32% | ||
|
Oklahoma Sweet • 4 days | 90.75 | +2.25 | +2.54% | ||
|
Kansas Common • 3 days | 82.25 | -2.25 | -2.66% | ||
|
Buena Vista • 3 days | 100.9 | -2.25 | -2.18% |
The Geopolitical Future Of Iraq Hangs In The Balance
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U.S. Gasoline Prices Drop Below $4 For The First Time Since March
The average U.S. gasoline price…
Energy / Energy-General
How Energy Demand Bounced Back After The Pandemic
Last week the BP Statistical Review of World Energy 2022 was released, covering energy data through 2021. The Review provides a comprehensive picture…
Are Energy Markets Responsible For Currency Craziness?
As mentioned in the last post, the huge break in energy prices between the US and the rest of the world could explain the extreme dollar strength we…
Can Russia And Ukraine Break The Impasse Over Grain Exports?
Military delegations from Russia and Ukraine have held a face-to-face meeting in Istanbul in an attempt to break a damaging impasse over grain exports that has helped send…
Middle East Buyers Ramp Up Russian Fuel Imports
US and European sanctions have led to a significant shift in the direction of Russian energy flows. Bloomberg reports diesel and other fuel…
Brawny Dollar Weighs On Oil Prices
The oil bulls are in for a rough ride as the oil price crash shows no signs of reversing. Brent and WTI crude have both tumbled below $100/bbl…
Oil Prices Slide As EIA Reports Crude Build
Crude oil prices retreated further today after the U.S. Energy Information Administration reported crude oil inventories had added 3.3 million barrels over the week to July 8. This compared…
Solar Stocks Soar As China Considers $220 Billion Stimulus Package
Shares of solar and alternative energy providers have received a much-needed shot in the arm after news emerged that China is considering a $220B stimulus…
Why Is Oil Priced The Way That It Is?
People who should know better are still deflecting the blame for high oil prices onto the oil companies. There is still a widespread misunderstanding of how oil and…
ESG Funds Reel As Investors Pile Into Energy And Defense Stocks
Environmental, social and governance (ESG) funds in the UK have slumped below their industry peers this year as oil & gas, mining and defence stocks surge in the…
Oil Bears Are Back As The Crude Crash Continues
Oil traders are selling oil again as concern about the course of the global economy deepens, taking the upper hand over supply fears. Brent crude
Can Biden Make Saudi Arabia Produce More Oil?
In support of his trip to Saudi Arabia this week, President Biden penned an oped carried in the Washington Post on Saturday the…
Oil Prices Crash By More Than 7% On Demand Destruction Fears
Oil prices crashed by more than seven percent on Tuesday morning as demand destruction fears due to new lockdowns in China, soaring inflation, and a strong dollar took center stage.
BlackRock Is Bracing For “Persistent Inflation”
The world’s biggest asset manager BlackRock said the era of steady growth and inflation was over as it revealed it had slashed its exposure to developed market equities…
Oil Price Crash Undermines OPEC’s Optimistic Demand Forecast
Global oil demand is expected to slow down from 3.36 million bpd of growth this year to a growth of 2.7 million bpd in 2023, OPEC said on…
IEA Chief Warns The Energy Crisis Could Get Worse
The global energy crunch might worsen further, the head of the International Energy Agency has warned, noting that winter in Europe will be “difficult”. “The world has never witnessed such…
Europe’s Insatiable Thirst For LNG Is Causing Blackouts In Developing Countries
In June, the European Union imported more liquefied natural gas from the United States than pipeline gas from Russia for the first time ever
Will A Gas Tax Holiday Help Ease Prices At The Pump?
I believe many of our political leaders have a comic book view of how gasoline prices are set. They envision oil companies adding up all of their input…
Solving The Energy Transition Conundrum
The COP26, held in Glasgow last year, saw participating countries pledge that they will wean themselves off coal, a promise that has seen very limited progress since. Meanwhile,…
Texans Brace For More Blackouts Amid Record Breaking Heatwave
For a second time this year, the Electric Reliability Council of Texas (ERCOT) asked Texans to conserve energy on Monday amid a heat wave, in which demand could outstrip…
Suncor Reveals Detailed Plan To Increase Oil Production While Reducing Emissions
Suncor, one of North America’s largest oil companies, vows to cut annual emissions by 10 megatonnes by 2030 and reach net zero by 2050. The Canadian-based oil sands company recently…
