 |
Louisiana Light • 5 days | 81.57 | -4.31 | -5.02% | ||
|
Bonny Light • 2 days | 86.24 | -1.35 | -1.54% | ||
|
Opec Basket • 5 days | 92.67 | -3.64 | -3.78% | ||
|
Mars US • 2 hours | 77.65 | +2.59 | +3.45% | ||
|
Gasoline • 57 mins | 2.492 | -0.001 | -0.04% |
|
Bonny Light • 2 days | 86.24 | -1.35 | -1.54% | ||
|
Girassol • 2 days | 86.05 | -1.20 | -1.38% | ||
|
Opec Basket • 5 days | 92.67 | -3.64 | -3.78% |
|
Peace Sour • 17 hours | 70.96 | -2.03 | -2.78% | ||
|
Light Sour Blend • 17 hours | 72.26 | -2.03 | -2.73% | ||
|
Syncrude Sweet Premium • 17 hours | 81.21 | -2.03 | -2.44% | ||
|
Central Alberta • 17 hours | 70.56 | -2.03 | -2.80% |
|
Eagle Ford • 5 days | 75.22 | -4.20 | -5.29% | ||
|
Oklahoma Sweet • 5 days | 75.25 | -4.25 | -5.35% | ||
|
Kansas Common • 36 days | 84.00 | +3.50 | +4.35% | ||
|
Buena Vista • 5 days | 88.45 | -5.37 | -5.72% |
Breaking News:
The Oil Market Isn’t Broken, It’s Just Responding To A Supply Surplus
Commodity analysts at Standard Chartered…
Can Argentina’s Dead Cow Shale Patch Save Its Economy?
Argentina was hit especially hard…
China Could Ease Europe’s Diesel Shortage
While the U.S. would struggle…
Energy
An Oil Supply Shock May Be Imminent
When the chief executive of Aramco said earlier this week that years of underinvestment had damaged the balance between supply and demand in the oil market, it should…
Oil Falls Below $80 As Powell Warns A Recession May Be Looming
Oil prices dipped by 5% early on Friday, with the U.S. benchmark slumping to the lowest level since January, on the back of heightened concerns about slowing economic growth and…
Razor-Thin Spare Capacity To Keep Oil Prices Elevated
The post-COVID rebound in economies and oil demand have left global spare oil production capacity at very low levels with a very small cushion to absorb possible supply-side…
Europe Faces An Exodus Of Energy-Intensive Industries
Soaring energy costs in Europe are shutting down businesses and threatening a bloc-wide recession. Yet not everyone accepts this fate. Some companies are moving to cheaper locations: the…
MIT Engineers Design New Low-Cost Battery For Energy Storage
Massachusetts Institute of Technology engineers have designed a battery made from inexpensive, abundant materials, that could provide low-cost backup storage for renewable energy sources. Less expensive than lithium-ion…
Energy Jobs Are Finally Recovering, With Renewables Leading The Way
With hundreds of thousands of energy jobs lost worldwide during the pandemic, there have been huge worries about the future of energy sector employment, especially due to all…
How Big A Problem Is America’s Shrinking Oil Reserve?
What is the U.S. Strategic Petroleum Reserve (SPR)? What are the implications of depleting the SPR, which the U.S. has been doing now since 2016? Further, what has…
Oil Bears Beware, Crude Prices Could Soon Spike
While sentiment in oil markets has been decidedly bearish in recent weeks, the risk of Russia escalating its war with Ukraine and news that China is finally opening up mean…
Oil Prices Under Pressure But Bullish Catalysts Loom
December WTI crude oil futures are edging higher late Thursday, but struggling to turn higher for the week. The price action has been volatile throughout the week especially today when…
U.S. Crude Exports Are Increasingly Competitive
1. WTI-Brent Gap Makes US Crude Exports Attractive- With US crude benchmark dropping to a…
Russia's Snap Referendums In Ukraine Begin
Politics, Geopolitics & Conflict Luhansk, Donetsk, Kherson, and Zaporizhzhya regions - four territories in Ukraine occupied by Russian forces - started holding snap referendums on Friday on joining Russia. The…
Is This The Best Way To Play The Fuel Cell Market?
The potential of the fuel cell industry is obvious, even in the face of the rapid growth of electric vehicles (EVs). EVs are the anti-oil crusader’s vehicles of choice, but…
Putin Is Not Peter The Great
Putin is not Peter the Great. That is a good starting point for examining the position in which the Russian leader now finds himself. The military…
Europe’s Energy Crisis Will Not Be “A One Winter Story”
Reduced energy supply due to the sanctions against Russia and Moscow shutting down key pipeline gas export routes will leave Europe scrambling for oil and gas well after the coming…
Energy Earnings Set To Ease, But Oilfield Services Remain Strong
The energy sector has enjoyed bumper profits in the current year, with Big Oil companies setting records right, left and center. ExxonMobil…
LNG Exporters Face Risk Of Stranded Assets Despite Current Demand Boom
Desperately scrambling for non-Russian gas supply to keep the lights and heating on this winter, Europe is driving a surge in liquefied natural gas (LNG) imports and prices. …
One Million Puerto Ricans Still Without Power As Grid Crisis Persists
As Hurricane Fiona continues its path of destruction through the pacific, moving toward Bermuda as a Category 4 storm after lashing Turks and Caicos as a Category 3…
Ramping Up Renewables Won’t Save The World From A Cold Winter
We usually don’t think about the wonderful service fossil fuels provide in terms of being a store of heat energy for winter, the time when there is a greater need…
Why India Is Suddenly Buying Less Russian Crude
India, which has been buying large volumes of Russian crude since the Russian invasion of Ukraine to take advantage of cheap oil, is set to slow purchases of…
Can Argentina’s Dead Cow Shale Patch Save Its Economy?
Like countries across Latin America, Argentina was hit hard by the COVID-19 pandemic. Infection and death rates surged despite the government in Buenos Aires implementing a strict lockdown.…
