 |
Louisiana Light • 2 days | 84.25 | -2.54 | -2.93% | ||
|
Bonny Light • 1 day | 84.86 | -0.57 | -0.67% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% | ||
|
Mars US • 182 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.613 | +0.017 | +0.65% |
|
Bonny Light • 1 day | 84.86 | -0.57 | -0.67% | ||
|
Girassol • 1 day | 85.78 | -0.59 | -0.68% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% |
|
Peace Sour • 6 hours | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 6 hours | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 6 hours | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 6 hours | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 75.48 | -2.93 | -3.74% | ||
|
Oklahoma Sweet • 2 days | 75.50 | -2.75 | -3.51% | ||
|
Kansas Common • 3 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 4 days | 87.60 | -1.22 | -1.37% |
Carbon Price Crash Threatens EU Transition Funds
Earlier this year, the price…
Biden Aims to Bridge the Decarbonization Divide With $7 Billion Solar Initiative
There are disparities in climate…
The Next Two Months Will Be Critical For Oil Fundamentals
We're entering a key period…
Energy
Extreme Cold Snap Paralyzes Texas Refineries
A brutal polar vortex has paralyzed much of Texas. Three million people are left without power as an extreme cold snap sends power demand to record highs. Energy infrastructure, such…
Robust Asian Demand Prompts Middle East Producers To Roll Over Oil Prices
Caution has given way to the overly optimistic sentiment of late 2020, with most energy agencies cutting their estimates of 2021 crude demand. According to an industry consensus, global crude…
Hedge Funds Flocked To WTI Crude Ahead Of Texas Cold Snap
Portfolio managers further increased their long positions in the most traded petroleum contracts, with bullish bets focused almost entirely on the U.S. benchmark WTI Crude, Reuters columnist John Kemp wrote…
U.S. Oil Prices Jump Above $60 Amid Texas Ice Storms
The U.S. benchmark oil price rallied above $60 per barrel early on Monday, the highest price since January last year, as an Arctic winter blast swept through Texas, raising concerns…
U.S. Gas Prices Explode On Freezing Weather
U.S. natural gas prices hit record highs last week after the temperature in many parts of the country fell far below forecasts. In Oklahoma, gas traded at as much as…
5 Companies Betting Big On Futuristic Energy Tech
With the clean energy shift beginning to gain serious momentum, the prime candidates for a sustainable future have been solar, wind, and to a lesser extent, geothermal energy and nuclear…
Can China Shake Its Dangerous Addiction To Oil?
In order to avoid the worst effects of global warming, the world will have to make drastic changes this decade. In a damning report released by the United…
Is The Caribbean Ready For An Oil Boom?
As Trinidad and Tobago continue to explore for major oil and gas fields in the Caribbean region, the Bahamas Petroleum Co. has made a non-commercial oil discovery.
Is This The Best Way For Offshore Producers To Raise Production?
The saying has it that in every crisis there is opportunity, and the oil industry is no exception, with efficiencies and targeted investments being the prime focus areas…
Investors Are Looking Long Term In LNG Markets
This winter saw something that made exporters of liquefied natural gas very happy: a more than a 1,000-percent surge in LNG prices on the spot market from a…
Does Biden Know What’s Best For Texas?
“Unfortunately, our economic bedrock of oil and gas is under attack by an administration that is bent on eliminating millions of jobs,” Republican Congressman Brian Babin announced to…
Australia Is Growing Dangerously Dependent On Foreign Fuel
The pandemic has accelerated refinery closures globally as refiners and oil majors acknowledge that some sites have become permanently uneconomical amid depressed refining…
How High Can Oil Prices Go?
Analysts are divided over whether oil prices can continue to climb, with WTI nearing $60 and profit-taking having begun.With 2021 shaping up to…
Oil Prices Soar Amid Rumors Of New Commodities Supercycle
Just days after one of our favorite macro strategists, Dylan Grice, predicted that the stage is set for "a bull market in oil", and JPM quant Marko Kolanovic said…
U.S. Rig Count Continues To Climb Amid Soaring Oil Prices
Baker Hughes reported on Friday that the number of oil and gas rigs in the United States rose by 5 last week. The total number of active oil and gas…
Iran Is Facing A Stranded Oil Asset Crisis
Iran risks having its massive crude oil assets become stranded unless the United States lifts the sanctions that the Trump administrations imposed on Tehran three years ago, Reuters has
Oil Rally Stalls On Fragile Demand Recovery
Oil prices slipped on Friday morning for a second day in a row as major forecasters warned that the global demand recovery is still fragile and as the U.S. dollar…
Russian Oil Giant Rosneft Sees Profits Slide 79% In 2020
Rosneft reported a 79-percent drop in 2020 net profits to $2.2 billion (147 billion rubles), with its fourth-quarter result hitting a record high after a loss in the third…
The Most Overlooked Energy Source On Earth
About a month ago, a report by clean energy watchdog Bloomberg New Energy Finance (BNEF) confirmed that the renewable energy sector has remained the most resilient to the ravages…
Flying Taxis To Hit The Skies In 2024
Remember the grubby flying taxi Bruce Willis drove in "The Fifth Element"? That was a very 90s view of the future. In reality, we may soon be taking up to…
