 |
Louisiana Light • 4 days | 112.5 | +4.37 | +4.04% | ||
|
Bonny Light • 4 days | 113.7 | +2.54 | +2.29% | ||
|
Opec Basket • 4 days | 112.4 | +3.07 | +2.81% | ||
|
Mars US • 2 hours | 112.6 | +3.71 | +3.41% | ||
|
Gasoline • 11 mins | 4.015 | -0.008 | -0.20% |
|
Bonny Light • 4 days | 113.7 | +2.54 | +2.29% | ||
|
Girassol • 4 days | 110.7 | +2.56 | +2.37% | ||
|
Opec Basket • 4 days | 112.4 | +3.07 | +2.81% |
|
Peace Sour • 17 hours | 105.9 | +4.36 | +4.29% | ||
|
Light Sour Blend • 17 hours | 108.0 | +4.36 | +4.21% | ||
|
Syncrude Sweet Premium • 17 hours | 111.6 | +4.36 | +4.07% | ||
|
Central Alberta • 17 hours | 106.2 | +4.36 | +4.28% |
|
Eagle Ford • 4 days | 108.4 | +4.36 | +4.19% | ||
|
Oklahoma Sweet • 4 days | 107.0 | +4.50 | +4.39% | ||
|
Kansas Common • 4 days | 100.8 | +4.25 | +4.40% | ||
|
Buena Vista • 4 days | 111.1 | +0.00 | +0.00% |
What Thomas Edison Can Teach Us About Our Electricity Crisis
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The EU Has A Major Problem With Securing Non-Russian Gas
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Energy
Europe May Face LNG Crisis This Winter
A liquified natural gas (LNG) crisis is brewing for European countries dealing with energy insecurity in the wake of Russia’s invasion of Ukraine, as demand will outstrip supply…
Why The EU Will Abandon Its Plan To Ban Tankers From Shipping Russian Crude
The European Union is expected to leave out of the next sanctions package against Russia a proposed ban on EU-owned vessels from transporting Russian oil anywhere in the world due…
Gasoline Prices May Have Finally Peaked
Following Russia’s invasion of Ukraine and the subsequent sanctions on Russian oil, the price of crude oil rapidly climbed above $120 a barrel. Gasoline prices — which had…
Saudi Energy Minister: Insufficient Investment To Blame For High Fuel Prices
Not enough investment in global refining capacity is one of the key drivers of the global rally in gasoline, diesel, and jet fuel prices, according to Saudi Arabia’s…
China’s COVID Lockdowns Force Aramco To Slash Oil Export Prices
Saudi Aramco has reduced its oil export prices for the first time in four months amid Covid lockdowns in China that are spurring concern about demand stability.
U.S. Rig Count Ticks Higher As Oil Prices Head For Another Weekly Gain
The number of total active drilling rigs in the United States rose by 7 this week, after an increase of 3 rigs in the week prior, according to…
U.S. Shale Swings From Losses To Record Cash Flows
After years of plowing money into boosting production and thus depressing oil prices, the U.S. shale patch emerged from the pandemic-inflicted slump with unwavering capital discipline which, combined…
NOPEC Bill Could Send Prices At The Pump Even Higher
After some two decades of failed attempts, the NOPEC (No Oil Producing and Exporting Cartels) Act was passed by a Senate panel on Thursday in…
Oil Is Here To Stay, But We Can Reduce Its Emissions
Low-carbon oil seems pivotal to the future of fossil fuel production as it becomes clear that the world is still highly dependent on crude. Working to fill the…
Southeast Europe’s Search For Natural Gas Supplies
Late last month Moscow stopped gas exports to two “unfriendly countries” that refused to be bullied into paying with rubles: Bulgaria and Poland. The Balkans are…
Europe Sees Huge Hydrogen Opportunity In Asia
Hot on the tail of Europe, which has expanded its green hydrogen production over the last year, Asia is developing its hydrogen industry to become a major producer…
NOPEC: America's Last Stand Against OPEC’s Drift To The East
The passing on Thursday by a U.S. Senate committee of the ‘No Oil Producing or Exporting Cartels’ (NOPEC) bill is the surest sign yet that Washington has finally…
OPEC Stays Silent As EU Rushes To Ban Russian Oil
The Organisation of Petroleum Exporting Countries and its partners in OPEC+ led by Russia decided this week they would not increase their target…
Colombia’s Shale Boom Might Be Over Before It Even Started
The controversial crude oil extraction technique hydraulic fracturing, known as fracking, has long been touted as a solution to Colombia’s rapidly dwindling petroleum reserves. The strife-torn Latin American…
Orban: Russian Oil Ban Is Like Nuclear Bomb On Hungarian Economy
Hungary's Prime Minister Viktor Orbán has again loudly expressed his country's firm rejection of the proposed EU ban on the import of all Russian oil currently being mulled…
China’s Biggest Refiner Has No Plans To Scoop Up Cheap Russian Oil
State-owned PetroChina will not buy up heavily discounted Russian oil and gas, China’s biggest oil and gas refiner said Friday. Chief Financial Officer Chai Shouping told…
Oil Prices Underpinned By Supply Jitters
U.S. West Texas Intermediate crude oil futures are up over 3% for the week with most of the gains attributed to the European Commission’s decision to place an embargo on…
The Slow Rebound Of Upstream Oil Investment
1. Disregarding Supply Shocks, OPEC+ Sticks to Conservative PolicyOPEC+ approved another 432,000 b/d increase in…
Is Now The Time For The NOPEC Bill?
Politics, Geopolitics & Conflict NOPEC legislation is a dangerous provocation. Passed by a Senate panel on Thursday after being bandied about for some 20 years and rejected time and again,…
Can The Energy Sector Continue To Outperform?
Until recently, revealing to people that I wrote about and traded in the energy sector invariably provoked the same response. Their jaws would drop, and they would look at me…
