 |
Louisiana Light • 3 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 183 days | 81.76 | +2.02 | +2.53% | ||
|
Gasoline • 1 day | 2.555 | -0.041 | -1.59% |
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 2 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 2 days | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 2 days | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 2 days | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 2 days | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 3 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 3 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 5 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 6 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Iran Claims to Have Expanded Its Axis of Resistance
Iran is claiming that a…
Lower Natural Gas Prices Squeeze Big Oil's Profits in Q1 2024
U.S. supermajors ExxonMobil and Chevron,…
Cash-flush Oil Industry Has Less Appetite For Debt
Demand for loans from the…
Energy
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…
South Sudan Considers Alternative Kenyan Pipeline to Outflank Sudan
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,…
Sanctions Force Iranian Retreat from Global Stage
Domestic demand for gasoline in Iran was driving growth in the energy sector for the year. OPEC, in its latest report, said retail gasoline consumption in Iran was up more…
Take Care, Water is not a Limitless Resource
Cheap light crude oil production has already peaked and the resource will be all but gone within a decade. It is a matter of ebullient debate exactly to what extent…
Hell in Tajikistan: Oil Discoveries a Potential Curse
A major oil find by Canada’s Tethys Petroleum in Tajikistan comes at a bad time for the Central Asian country, as the security situation is about to skyrocket out of…
Research Shows that Injection Wells may Cause Earthquakes
Most earthquakes in the Barnett Shale region of North Texas occur within a few miles of one or more injection wells used to dispose of waste such as hydrofracking fluids,…
'Storm Clouds' Darken Global Energy Skies
The U.S. Energy Department, in its short-term energy outlook for the month, predicts some economic recovery in store given optimism surrounding international stimulus efforts. Overseas, however, geopolitical uncertainty could depress…
Will Africa's Resource Curse Continue?
Resources should be a blessing, not a curse; yet contrary to common sense, resource-rich countries in Africa have tended to experience less economic growth in the long run than those…
