 |
Louisiana Light • 2 days | 83.17 | +0.44 | +0.53% | ||
|
Bonny Light • 1 day | 83.46 | +0.46 | +0.55% | ||
|
Opec Basket • 2 days | 83.30 | +0.35 | +0.42% | ||
|
Mars US • 196 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 hours | 2.574 | +0.036 | +1.43% |
|
Bonny Light • 1 day | 83.46 | +0.46 | +0.55% | ||
|
Girassol • 1 day | 84.84 | +0.60 | +0.71% | ||
|
Opec Basket • 2 days | 83.30 | +0.35 | +0.42% |
|
Peace Sour • 1 day | 71.94 | +0.58 | +0.81% | ||
|
Light Sour Blend • 1 day | 74.99 | +0.58 | +0.78% | ||
|
Syncrude Sweet Premium • 1 day | 81.94 | +0.58 | +0.71% | ||
|
Central Alberta • 1 day | 72.34 | +0.58 | +0.81% |
|
Eagle Ford • 2 days | 75.71 | +0.60 | +0.80% | ||
|
Oklahoma Sweet • 2 days | 75.75 | +0.75 | +1.00% | ||
|
Kansas Common • 2 days | 69.50 | +0.50 | +0.72% | ||
|
Buena Vista • 3 days | 83.26 | +0.61 | +0.74% |
Breaking News:
Forget ESG, Corporations Have a New Favorite Buzzword To Boost Share Prices
Companies are exaggerating their use…
New EPA Regulations on Fossil Fuel Emissions Could Lead to Power Shortages
Biden's administration finalized rules mandating…
Five Countries With the Cleanest Energy Grid Globally
Several countries worldwide have achieved…
Energy
English
Español
عربي
Français
中文
日本語
How Venezuela's Oil Crisis Triggered Mass Protests In Cuba
Cuba has seen in recent days the biggest protests in decades as thousands of people took to the streets in the Communist-run country…
EIA Inventory Report Sends Oil Prices Higher
Crude oil prices inched higher today after the Energy Information Administration reported a crude oil inventory draw of 7.9 million barrels for the week to July 9. The report…
Oil Stabilizes After Saudi-UAE Compromise Removes Major Uncertainty
Oil prices steadied on Wednesday morning before the EIA inventory report after a reported compromise between Saudi Arabia and the UAE over baseline production levels removed a major uncertainty that…
Oil Falls As Saudi Arabia And UAE Compromise On Deal
Saudi Arabia and the United Arab Emirates (UAE) have resolved their nearly two-week-long standoff over baseline production levels that was blocking a unanimous OPEC+ deal on oil supply, a delegate…
The Refining Industry Is Struggling To Adapt To The Future
The upstream oil and gas business is recovering from one of the worst slumps in recent memory as oil prices sit at around $75 per barrel and global…
Oil Price Volatility Spikes On OPEC+ Uncertainty
Growing uncertainty over the OPEC+ agreement and warnings from the IEA of another oil price war has caused volatility in oil markets to spike.
Oil Has Become The Hottest Commodity On Wall Street
Crude oil has been having a great 2021 so far—a very different situation to last year’s when the pandemic devastated demand for all commodities fueling a price rout…
Alaska’s Most Important Pipeline Faces An Existential Threat
An area of thawing permafrost is threatening a stretch of a major Alaskan pipeline as the structure experiences damages from the changing weather.An 810-foot…
World’s Recoverable Oil Resources Shrinks By 9%
Every year and following the publication of the BP Statistical Review, Rystad Energy releases its own assessment to provide an independent, solid and clear comparison of how the…
A Zero-Cost Solution For The Oil Industry’s Methane Problem
As the spread of the novel coronavirus disrupted industries around the world, the rate of global greenhouse gas emissions took a big dip. BP’s annual
China Oil Imports Fall To Lowest In 2021
China’s crude oil imports fell to some 9.77 million barrels daily last month, down 2 percent on May and the lowest monthly level since the start of the year, Reuters…
Permian To Drive U.S. Shale Production Increase In August
U.S. shale oil production will increase by a modest 42,000 bpd in August, according to the Energy Information Administration. In its latest Drilling Productivity Report, the EIA forecast that…
Why Saudi Arabia Is Likely To Win The OPEC+ Standoff
OPEC+ could take until August to decide whether to adjust production baselines, Arab News reported, citing JP Morgan analyst Christian Malek. According to Malek, the oil cartel could take…
The IEA Warns Of Another Oil Price War
The oil market has been on edge for a week now, entertaining the possibility of a new price war within the OPEC+ alliance, the International Energy Agency (IEA) said on…
Huge Dividend Cripples World’s Largest Oil Company
The transformation of Saudi Arabia’s flagship asset, Aramco, from perpetual cash-generation machine into a debt-laden giant is set to pick up pace in the coming weeks with a…
High Oil Prices Threaten The Global Economic Recovery
Since oil prices exceeded $70 per barrel earlier this year, analysts, economists, and central banks have been fretting about whether higher crude prices could disrupt the momentum in…
The Ongoing Transformation Of ‘Big Oil’
When last year BP vowed to reduce its oil and gas output by 40 percent by 2030 as it shifts to renewable energy, it came as…
Investors Are Betting Big On The Future Of EV Efficiency
With the global electrification drive in full swing, electric cars have constantly been improving in terms of mileage, performance, charging time—and costs. And, Wright's law
U.S. Gasoline Demand In 2021 May Have Peaked Already
The United States may have seen 2021 gasoline demand peak around the July 4 holiday, but increased airline traffic at domestic airports bodes well for the overall recovery in oil…
Spreads And Inventory Levels Suggest Oil Prices Will Go Even Higher
Oil prices have continued to rally this year as economies recover from impaired pandemic levels, however, calendar spreads have been unable to realize their bullish intent. In fact,…
