 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 169 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 17 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 1 day | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 1 day | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 1 day | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 1 day | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
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Energy / Gas Prices
European Natural Gas Prices Continue To Drop
Europe’s benchmark natural gas prices extended losses on Monday and began a sixth week of declines amid comfortable inventories and tepid gas demand in Europe and Asia. The front-month futures…
Gasoline Prices: Why Do We Pay What We Pay At The Pump?
Gasoline prices can be unpredictable, fluctuating from day to day and even hour to hour. While it may seem like the cost of gasoline is arbitrary, there are actually several…
Europe’s Gas Prices Drop To The Lowest Level Since September 2021
Milder weather, the end of a supply outage in Norway, and expectations of stronger winds in northwest Europe sent on Monday European benchmark natural gas prices down by 4% to…
EU Weighs $100 Price Cap For Russian Diesel Sold To Third-Parties
The European Union is considering setting a $100 a barrel price cap on Russian diesel to limit the potential fallout on global supply after the EU ban on…
Why Gasoline Prices Are Rising Today
Refining margins in the United States hit $42.41 per barrel on Tuesday, more than double the five-year average for this time of the year, as refinery maintenance and…
EIA: Soaring Production Will Keep Natural Gas Prices In Check
Continued increases in U.S. dry natural gas production are expected to outpace domestic demand and exports this year and in 2024 according to the EIA Continued increases in U.S. dry…
Geopolitical Risk Premium In U.S. Gas Prices Is Evaporating
U.S. natural gas prices are back to reflecting the domestic supply and demand balances, shaking off – for now – the geopolitical premium that ruled the energy and…
Did New York’s Tax Holiday Actually Help Reduce Gasoline Price Pain?
This is an article that I am starting to write before I know the answer to the question I posed in the title. Earlier this year,…
Gasoline Prices Continue To Plummet In The U.S.
After a relentless month’s long climb, U.S. national average gas prices have declined, falling 16 cents from a week ago to $3.403…
U.S. Drivers Could Get Under $3 Gasoline For Christmas
Drivers in the United States could be getting the gift of even lower gasoline prices this Christmas, according to GasBuddy’s head of petroleum analysis, Patrick De Haan,…
Four Reasons Why The U.S. Is Grappling With A Diesel Shortage
Last week, the Energy Information Administration (EIA) reported that distillate inventories were at their lowest levels since 2008. (The primary distillates are diesel,…
Gasoline Prices Could Return To $5 Per Gallon
A short respite from rising oil and gasoline prices is about to end as 2022 comes to a close. The reasons are numerous, but almost all of them…
Why Is The UK Sending Gasoline To America As Prices Explode?
The UK shipped 1.85 million barrels of gasoline and gasoline blending components to the United States in May, the highest monthly exports of those products since December 2021,…
There’s No Immediate Cure For Sky-High Gasoline Prices
Since gasoline prices started surging at the end of last year, the U.S. Administration has been saying that it would consider and potentially use every…
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…
