 |
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 • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 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 • 18 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 18 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 18 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 18 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% |
Profit Taking Is Putting Downward Pressure on Oil Prices
Oil prices fell this week…
Iran Plays Down Risk of Retaliatory Attack on Israel
Iran is playing down the…
Growing Coal Dependency Puts Central Asian Economies at Risk
A report by Global Energy…
Energy
LNG Bunkering Sales Off to a Strong Start in 2024
Liquefied natural gas (LNG) remains the fuel of choice for lower-carbon shipping, despite the rise in orders for vessels equipped with dual-fuel methanol and ammonia engines, according to…
Zombie Fires Pose Looming Threat to Canada’s Oil and Gas Infrastructure
As the world heats up, several countries experiencing greater wildfires. Last year, Canada battled record blazes and despite getting them under control, several fires continue to rage out of site.…
Hedge Funds Dump U.S. Energy Stocks to Buy Crude Options
Following a rally in energy stocks this year, hedge funds have been selling off U.S. oil company shares to pile into crude oil options, expecting a price rally in oil…
Rising Middle East Risk Sparks Fear of $100 Oil
Despite Iran’s attack on Israel over the weekend, oil prices dropped on Monday as an Iranian response to the Israeli hit on the Iranian diplomatic mission in…
Oil Exports or Carbon Credits: The Global South’s Dilemma
Earlier this month, the Science Based Targets initiative caused a revolt among its employees when it announced it would allow the use of carbon credits to offset Scope 3…
China Raises Gasoline and Diesel Prices amid Soaring Crude Oil Prices
China is raising from Wednesday the retail prices of gasoline and diesel to reflect the recent increase in international crude oil prices, the Xinhua news agency
Should We Keep Investing in Oil and Gas? Experts Weigh In
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Europe's Love Affair with Electric Cars Wanes as Sales Plunge
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Magnesium Battery Breakthrough Could Challenge Lithium-Ion Dominance
Tohoku University researchers have made a groundbreaking advancement in battery technology, developing a novel cathode material for rechargeable magnesium batteries that enables efficient charging and…
Oil Prices Settle Near $90 Despite Rising Geopolitical Risk
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Institutional Investors Double Down On Oil Despite Divestment Pledges
The campaign for institutional investors to divest from oil giants like BP and Shell hasn’t made any progress due to the way index…
Could The U.S. Become Lithium Independent?
Last year, the U.S. made major lithium breakthroughs with the potential to make the country self-sufficient in the critical battery metal for decades. In September, a group of scientists funded…
Small Banks Significantly Boost Loans to Oil And Gas Firms
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Uncertainty Drives Investors to Oil Stocks
The energy industry has so far this year been the second-best performer on the U.S. stock market, right after communications. Oil and gas stocks are up by 17% since…
The Rise and Fall of Master Limited Partnerships
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Global warming is causing temperatures to rise at a faster pace in Central Asia than in other parts of the world. Yet a…
Tesla to Lay Off Over 10% of Global Workforce
Shares of Tesla Motors are muted in the early premarket trading hours in New York after a report from the EV blog Electrek…
Javier Blas: 10 Things Oil Traders Need to Know About Iran's Attack on Israel
OPEC+ has sufficient spare production capacity to control a price rally, but its approach to increasing output will be crucial.Iran's direct attack on Israel on Saturday…
Central Banks Grapple With Inflation Threat Amid Oil Price Rally
When the price of oil rises, the price of everything else rises. It’s a near-universal rule owing to the fact that virtually all goods and services involve the use of…
U.S. Drilling Activity Continues to Drop Off
The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday, falling…
