 |
Louisiana Light • 3 days | 91.16 | -0.74 | -0.81% | ||
|
Bonny Light • 2 days | 95.60 | -0.40 | -0.42% | ||
|
Opec Basket • 3 days | 95.01 | -0.81 | -0.85% | ||
|
Mars US • 1 day | 88.73 | -0.10 | -0.11% | ||
|
Gasoline • 1 day | 2.562 | -0.058 | -2.22% |
|
Bonny Light • 2 days | 95.60 | -0.40 | -0.42% | ||
|
Girassol • 2 days | 96.55 | -0.49 | -0.50% | ||
|
Opec Basket • 3 days | 95.01 | -0.81 | -0.85% |
|
Peace Sour • 2 days | 84.13 | -0.03 | -0.04% | ||
|
Light Sour Blend • 2 days | 84.63 | -0.03 | -0.04% | ||
|
Syncrude Sweet Premium • 2 days | 93.23 | -0.03 | -0.03% | ||
|
Central Alberta • 2 days | 84.13 | -0.03 | -0.04% |
|
Eagle Ford • 3 days | 86.11 | -0.65 | -0.75% | ||
|
Oklahoma Sweet • 3 days | 86.00 | -0.75 | -0.86% | ||
|
Kansas Common • 3 days | 80.00 | -0.50 | -0.62% | ||
|
Buena Vista • 4 days | 95.23 | -0.92 | -0.96% |
Electric Dream On Pause? UK's Fuel Car Ban Faces Delay
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Rising Gasoline Prices Push August Consumer Price Index Higher
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Energy / Gas Prices
Is $5 Gas Inevitable?
As Russian troops were massing on Ukraine’s border back in February, I wrote Russia Is A Major Supplier Of Oil To The U.S.…
U.S. Consumer Spending On Gasoline Has Doubled In 12 Months
The average U.S. household’s gasoline expenditure has jumped to $5,000 a year over the past 12 months, from $2,800 this time last year, according to new research. And…
Truckers Are Facing An Existential Crisis As Fuel Prices Soar
Avery Vise, vice president, trucking for transport consultancy FTR, has some advice for owner-operators struggling with a massive spike in diesel fuel prices and plunging spot market rates:…
Gasoline Prices May Have Finally Peaked
Following Russia’s invasion of Ukraine and the subsequent sanctions on Russian oil, the price of crude oil rapidly climbed above $120 a barrel. Gasoline prices — which had…
Tight Oil Markets Are Sending Fuel Margins Through The Roof
The oil price rally has really cooled down over the past two weeks, with oil prices declining to levels last seen prior to Russia's invasion of Ukraine. Brent…
Are You Really Being ‘Gouged’ At The Gas Pump?
I have gotten a lot of questions recently about when we may see some relief at the gasoline pump. Complaints have grown in recent days, because oil prices…
Soaring Energy Prices And Stimulus: A Toxic Cocktail
I have to repeat yet again that this is not just a war but an economic war, and not just a crisis but a metacrisis. As such, the…
Biden Is Growing Increasingly Desperate To Curb Gasoline Prices
Last week a friend from Uganda told me that gasoline prices have risen by 50% there. I asked him who the people blame. “Our President.” So, there you…
The True Cost Of The Energy Crisis Is Yet To Be Seen
Consumers all over the world have already started to feel the pinch of the global natural gas crisis and surging prices in Europe and Asia. Households in Europe…
U.S. Residential Natural Gas Bills To Jump 30% This Winter
A total of 48 percent of U.S. homes will pay 30 percent higher bills for heating this winter, as 48 percent is the share of U.S. households that use gas…
Cold Winter Will Leave Europe Short On Gas Unless Russia Boosts Supply
Europe may not have enough natural gas to meet demand in a cold winter, especially if Asia’s winter is cold too, unless Russian gas deliveries to European customers are increased,…
Natural Gas Prices Plunge As Putin Promises More Supply
Natural gas futures mercifully slipped 10% on Wednesday after Russian President Vladimir Putin promised that the gas-rich nation would send more natural gas to Europe. Gas prices…
Gas Prices In Europe Are Now The Equivalent Of $205 Oil
The benchmark European gas prices continue their rally this week, surging to new record highs on Tuesday to an equivalent of $205 a barrel oil, amid a wider energy commodity…
Nord Stream 2 Comes Just As European Gas Prices Reach 13-Year High
The sooner Nord Stream 2 is commissioned and launched, the better chance the Russia-led gas pipeline to Germany will have to balance surging gas prices in Europe, including on the…
Kremlin Spokesman Assures Markets Nord Stream 2 Will Stabilize Natural Gas Price
The Kremlin today said that a rapid start-up of the controversial Nord Stream 2 pipeline would help to correct sky-high gas prices across Europe amid a squeeze in…
U.S. Natural Gas Prices Jump To 29-Month High On Extreme Weather
U.S. natural gas prices jumped last week and early on Monday amid a tight natural gas market and expectations of high demand for electricity in hotter than usual weather in…
Is This The First Truly Global Gas Price Benchmark?
In the world of energy, size matters. Therefore, large producers and consumers can influence global markets while smaller players have to acquiesce to developments. One outlier has been…
Asia Braces For Expensive LNG This Summer
Economic recovery and a rebound in liquefied natural gas demand in the world’s largest LNG importing region, Asia, are set to keep spot regional LNG prices around current levels of…
Quick Rise In U.S. Natural Gas Prices To Boost Coal Demand
U.S. coal-fired power generation is set for a short-term recovery this summer as higher prices of coal’s main fossil fuel competitor, natural gas, will discourage parts of gas-fired electricity generation.…
Asian LNG Buyers Are Preparing For A Harsh Winter
Global markets have been hit hard by the economic downturn as a direct consequence of the Covid-19 pandemic. LNG prices were among the commodities which decreased sharply as consumption evaporated…
