 |
Louisiana Light • 2 days | 81.18 | +0.12 | +0.15% | ||
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% | ||
|
Mars US • 266 days | 75.97 | -1.40 | -1.81% | ||
|
Gasoline • 1 hour | 2.461 | -0.007 | -0.29% |
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Girassol • 29 days | 87.27 | -0.38 | -0.43% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% |
|
Peace Sour • 9 hours | 72.28 | +0.69 | +0.96% | ||
|
Light Sour Blend • 9 hours | 72.28 | +0.69 | +0.96% | ||
|
Syncrude Sweet Premium • 9 hours | 79.18 | +0.89 | +1.14% | ||
|
Central Alberta • 9 hours | 72.28 | +0.69 | +0.96% |
|
Eagle Ford • 3 days | 74.07 | +0.63 | +0.86% | ||
|
Oklahoma Sweet • 2 days | 75.00 | +2.00 | +2.74% | ||
|
Kansas Common • 3 days | 67.75 | +0.50 | +0.74% | ||
|
Buena Vista • 4 days | 83.27 | -2.82 | -3.28% |
Breaking News:
What Would the Re-Election of Trump Mean for U.S. Energy?
A potential Trump re-election could…
Container Ship Backlogs and Soaring Rates Drive Supply Chain Congestion Concerns
Goldman's supply chain congestion index…
Canada's Oil Industry Enjoys Boom Year, But There's a Catch
The ambitious climate policies of…
Energy
English
Español
عربي
Français
中文
日本語
Net-Zero Ambitions Hit Major Roadblocks in Europe, UK, and US
The push to a net-zero emissions future has made governments pledge billions, potentially trillions, in funding for various initiatives, projects, and whole industries. Yet transition targets touted so proudly in…
U.S. Refiners Q2 Results Expected to Dull on Dampening Demand
U.S. oil refiners are expected to report a significant downturn in Q2 2024 earnings from a year ago, largely thanks to a tepid summer driving season that has taken a…
COP29 Host Aims to Raise $1 Billion for New Climate Fund
In line with global green transition aims, pressure is increasing to support developing countries around the globe to tackle climate change and develop their renewable energy capacity. The COP29 host…
Oil Moves Higher on Crude, Fuel Inventory Draw
Crude oil prices ticked higher today after the U.S. Energy Information Administration reported an inventory decline of 3.7 million barrels for the week to July 19. This
Tesla to Focus on Autonomy and AI as Earnings Disappoint
Amid softer EV demand and worsening profit margins this year, Tesla is setting its sights on AI as Elon Musk is betting more on self-driving and artificial intelligence. The AI…
Kuwait Looks To Nearly Double Production After Major Oil Find
A week ago, Kuwait Oil Company (KOC) announced a significant discovery of light oil and associated gas in the offshore Al-Nokhatha field. KOC said that the field, located east…
Harris Presidency Will Be Bad News for Oil
Kamala Harris looks like the frontrunner for the Democratic nomination for the November vote. Based on her track record as California attorney general and as vice president, this is going…
The West Aims to Rebuild Influence in Middle East Energy Hub with LNG Deals
The last few days have seen the U.K.’s Shell and BP, Japan’s Mitsui, and France’s TotalEnergies each take a 10 percent stake in the huge Ruwais LNG (liquefied natural gas)…
U.S. Electricity Prices Surge Amid Grid Strains and Rising Demand
U.S. consumers are set to pay higher electricity bills as power providers raise investments in much-needed grid improvements amid an old power system that is not designed to cope with…
Porsche Shares Slide as Sportscar Maker Slashes Revenue Forecast
Shares of the German sportscar maker Porsche slid on Tuesday after the company slashed its full-year revenue forecast. The automaker warned that a snarled supply chain involving aluminum parts from a supplier…
The Price of Oil Expansion in Argentina
Interest in Argentina’s mineral resources has risen significantly in recent years, as demand for critical minerals continues to increase, which has attracted high levels of investment in the country’s mining…
U.S. Commands Higher Prices for Crude Amid Growing Global Oil Market Influence
Soaring shale production, expanded pipeline networks in the U.S. Gulf Coast, and rising exports of American crude has made the U.S. benchmark crude price, WTI, a force to be reckoned…
Oil Prices Under Pressure Despite Bullish Catalysts
Oil prices have been in decline this week despite rising geopolitical risks, with markets seeming to be focused primarily on Joe Biden's decision to drop out of the presidential race.
5 Highest Paying Oil & Gas Dividend Stocks for This Summer
The U.S. stock market is enjoying another banner year with five sectors boasting double-digit returns in the year-to-date. The S&P 500 Energy Sector has returned 10.4% YTD, below the S&P 500 average return at…
Stock Market’s Short-Term Focus Threatens Energy Transition Goals
The energy transition would need a major change in the mentality of stock market investors to succeed. Investors’ focus on relatively fast returns and immediate financial performance right now makes…
South Korea Could Lead the Way in a Successful Nuclear Renaissance
The Czech government (which controls power company CEZ) has chosen South Korea’s Korea Hydro and Nuclear Power (KHNP) to build up to four new gigawatt-scale reactors at the country's two…
Bad News From China Could Be The Harbinger For Lower Oil Prices
From the mid-1990s to onset of Covid at the end of 2019, China almost singlehandedly drove the commodities supercycle, consisting of ever-increasing prices for the key materials it required to…
Geomagnetic Storms Could Devastate Washington DC's Power Supply
We have previously noted the early indicators of the sun's upcoming 11-year solar cycle. Currently, Solar Cycle 25 is at its peak, known as the 'solar maximum,' characterized…
Physical Oil Market Hints at Potential Upswing
By Grant Smith, Bloomberg markets live reporter and strategist Oil prices may have been confined to a tight range this month, but an array of signals…
European Natural Gas Prices Fall as Freeport LNG Resumes Operations
Europe’s benchmark natural gas prices slumped on Monday to the lowest level in one week after the U.S. export facility Freeport LNG resumed some operations following a shutdown due to…
