 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 21 hours | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 5 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 21 hours | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 21 hours | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 12 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 12 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 12 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 12 hours | 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% |
Central Banks Grapple With Inflation Threat Amid Oil Price Rally
Central Banks are reluctant to…
Brent Could Climb to $95 as Bullish Sentiment Builds
In an increasingly bullish oil…
Oil Moves Down on Crude Inventory Build
Crude oil prices moved lower…
Energy
Venezuela Ramps up China Oil Exports Unsettling Washington
The biggest geostrategic change of the past decade overlooked by Washington policy wonks in their fixation on their self-proclaimed “war on terror” is that Latin America has been throwing off…
New Layers to Canada's Oil Sand Debate
A newspaper publisher in the Canadian province of British Columbia announced plans for a refinery that would process crude oil expected from the Northern Gateway pipeline. Canadian pipeline company Enbridge…
The Real Reason Why the U.S. Military is Going Green
The U.S. military consumed almost 500 thousand barrels per day of oil at the end of the Cold War. In FY 2011, its oil consumption was down to 355 thousand…
Fear Driving Energy Markets
Crude oil demand in the United States is down to its lowest level since the onset of the global economic recession. A lackluster economic recovery, coupled with cautious consumer sentiment,…
Beyond the Conflict, Syria's Climate Realities
Half a decade of drought has forced the migration of 1.5 million rural residences to Syria’s urban centers, as the regime has paid little attention to water and agricultural issues, and…
Weekly World Energy News Update - 18th August 2012
After hitting a three-month high on Thursday, brent crude oil fell to around $114 on Friday after the US revealed it was considering the release of oil reserves to dampen…
For How Long Can Society Bear the Costs of Industry's Toxic Pollution?
The U.S. Nuclear Regulatory Commission (NRC) stunned the nuclear industry last week by putting power plant licensing decisions on hold while it reconsiders rules on nuclear waste storage struck…
We are Decades Away from a Cure for our Fossil Fuel Addiction
With natural gas prices low and supplies high, we are decades away from being able to wean ourselves off fossil fuels and move to renewable energy, but there is no…
New Indian Oil Find - Major Discovery, or Puddle?
According to the U.S. government’s Energy Information Agency, “In 2009, India was the fourth largest energy consumer in the world, after the United States, China, and Russia. Despite a…
Solyndra Bankruptcy Pales in Comparison to Failed Military Projects
Yesterday the Air Force announced that its X-51 Scramjet Engine Demonstrator called the WaveRider — a hypersonic jet designed to travel up to 3,600 miles per hour — crashed…
USGS Assesses the Growth of Conventional Oil Reserves in the US
The United States Geological Survey (USGS) is charged with the cataloguing an assessment of land formations and mineral reserves in the United States. They have recently assessed the potential additions…
A Jack-in-the-Beanstalk Investment: Finding the Fracking Bean
The drilling technology that makes the process of hydraulic fracturing possible depends on a special bean that is only grown in India in significant quantities and for which there was…
Kazakhstan to Solidify Caspian Energy Role
Kazakhstan is expected to start making deliveries from its giant Kashagan oil field by the middle of next year. The state-controlled consortium managing the field set a production benchmark of…
What has been Driving Global Oil Prices Recently?
The price of Brent crude oil fell $35/barrel between April and June. But increases this summer have taken about $25 of that back.
Europe's Offshore Supergrid Plans
As part of plans to achieve its 20% renewable energy target by 2020, European leaders signed a memorandum of understanding back in 2011 to encourage offshore wind development and join…
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The world’s newest, and Africa’s 54th nation, South Sudan, proclaimed independence on 9 July 2011, the result of an internationally observed referendum embodied in the 2005 Comprehensive Peace Agreement (CPA),…
Is BHP Suffering After Buying Overpriced US Shale Gas Assets?
Australian mining giant BHP has lost a quarter of its former market capitalization since its acquisition of US shale acreage from Petrohawk and Chesapeake last year. The company is keen…
Sanctions on Syrian Energy Taking Toll on Regime
The International Monetary Fund said Syria was one of the few countries in the Middle East whose economy is expected to contract in 2012. The IMF expected the regional economy…
Pipelines Apparently do Reduce Maritime Straits Congestion
Since the December 1991 implosion of the USSR, the Russian Federation, Azerbaijan and Kazakhstan have all seen an explosion in the development of their hydrocarbon resources. For southern neighbour…
The Population Boom: 10 Billion by the End of the Century
There has been a highly successful run at the Royal Court Theatre, in London, not of a play in the usual form, but of a lecture by Professor Stephen Emmott,…
