 |
Louisiana Light • 4 days | 85.01 | +5.14 | +6.44% | ||
|
Bonny Light • 2 days | 88.16 | -1.48 | -1.65% | ||
|
Opec Basket • 3 days | 92.76 | +2.49 | +2.76% | ||
|
Mars US • 2 days | 77.49 | -1.94 | -2.44% | ||
|
Gasoline • 2 days | 2.370 | -0.033 | -1.37% |
|
Bonny Light • 2 days | 88.16 | -1.48 | -1.65% | ||
|
Girassol • 2 days | 87.96 | -1.44 | -1.61% | ||
|
Opec Basket • 3 days | 92.76 | +2.49 | +2.76% |
|
Peace Sour • 2 days | 75.48 | -0.92 | -1.20% | ||
|
Light Sour Blend • 2 days | 76.78 | -0.92 | -1.18% | ||
|
Syncrude Sweet Premium • 2 days | 85.73 | -0.92 | -1.06% | ||
|
Central Alberta • 2 days | 75.08 | -0.92 | -1.21% |
|
Eagle Ford • 3 days | 77.71 | -0.92 | -1.17% | ||
|
Oklahoma Sweet • 3 days | 77.75 | -1.00 | -1.27% | ||
|
Kansas Common • 40 days | 84.00 | +3.50 | +4.35% | ||
|
Buena Vista • 4 days | 92.66 | +6.24 | +7.22% |
Oil Prices Are About To Reverse Course
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An Oil Supply Shock May Be Imminent
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Energy / Gas Prices
Are Natural Gas Prices Set To Spike?
Natural gas storage is at record low levels but prices are falling going into winter heating season. Markets seem to be betting that wellhead supply will be sufficient to cover…
What’s Behind The Drop In Asian LNG Prices?
Japan-Korea-Marker (JKM) prices for LNG to be delivered in November tanked on Friday by U.S. $1.039 per million British thermal units (MMBtu) year-on-year, settling at $9.925/MMBtu, accord to commodities data…
Prices Soar As Natural Gas Inventories Hit Decade Low
Natural gas prices have spiked over the last few weeks as U.S. inventories run low ahead of the peak winter heating season. Nymex natural gas prices have jumped nearly 15…
Lower Gas Prices Are Right Around The Corner
Fall arrives next month. Along with it comes relief from the heat, and usually at the gasoline pump as well. It isn’t simply that demand for gasoline drops after summer driving season.…
Are Natural Gas Prices About To Break Out?
In the previous article, The U.S. Is Still The Global Natural Gas King, I highlighted the rise of the United States as the world’s leading natural gas superpower. But…
What Is Behind Tajikistan’s Skyrocketing Fuel Prices?
One of the most popular means to get around Tajikistan’s capital is the “three-somoni taxi,” named for the set price of the fare. No more. It will be five-somoni taxis…
Trump’s Ultimate Move To Lower Gasoline Prices
President Trump is reportedly considering tapping the strategic petroleum reserve to lower gasoline prices in an effort to neuter a political threat ahead of key midterm elections in November. Sources…
Support For Coal And Nuclear Power Could Harm Natural Gas
The U.S. Administration is seeking ways to save coal and nuclear power facilities from early retirement, citing concerns over a depletion of nuclear power in the energy mix and impacts…
The Real Reason For Higher Gas Prices
You probably have noticed that gasoline prices are again on the rise. Predictably, I have already seen stories arguing about President Trump’s culpability in this current price rise. It never fails that…
LNG Prices Soar On Rising Geopolitical Tension
As President Donald Trump threatens to launch missile strikes in Syria over a suspected poison gas attack, and continues his harsh tone against Russia, tensions between Saudi Arabia and Iran…
Why Natural Gas Prices Will Rise This Summer
Record production of natural gas is snuffing out any price rally that might have occurred from the bout of cold weather this winter. The gas market saw a jolt at…
Azerbaijan-Europe Gas Pipeline Gets $1B In Funding
The European Investment Bank (EIB) has approved 932 million Euros ($1.15 billion) in loans for the Trans Anatolian gas Pipeline (TANAP) being constructed across Turkey to carry gas from Azerbaijan…
China Is Single-Handedly Solving The Gas Glut
While there’s no secret that China has increased its natural gas usage, at least for those that follow energy developments, this winter’s gas demand for the country of 1.3 billion…
The Benefits Of Higher U.S. Gasoline Taxes
Recently Democratic Senator Tom Carper of Delaware said that President Trump was floating the possibility of a fuel tax increase of 25 cents per gallon to pay for his new infrastructure plan.…
LNG Prices Remain Strong Despite Oversupply Concerns
With major new projects coming onstream in Australia and the rising output from the U.S. shale producers, the global liquefied natural gas (LNG) market was widely predicted to enter a…
Why Natural Gas Prices Just Tanked
The NYMEX February natural gas contract expired Monday at $3.63 per MMBtu, the highest expiration for a contract we have seen since January 2017. Now the prompt month, March gas…
New Importers Keep LNG Markets Tight
As the U.S. and Australia join Qatar as major natural gas exporters, the LNG supply surge that began to materialize in 2014 continues. Yet despite growing supply, the long-anticipated…
Will 1 Billion EVs Crash Gasoline Demand?
Vehicle fuel consumption should see a major decline globally, but it won’t happen for a couple of decades. Last year was big on announcements from automakers, and suppliers, and tech…
Gas Wars: The First Energy Conflict In 2018
The eastern Mediterranean is expected to witness the first conflict of 2018, as developments at the end of 2017 are signaling worsening relationships between Turkey and the Greek Cypriot-Greece-Israel-Egypt bloc. Territorial…
Oil-Rich Venezuela Is Out Of Gasoline
After lining up for an entire day to get a plane ticket to visit her relatives in the western city of Mérida, Josefina García did not know if she and…
