 |
Louisiana Light • 2 days | 82.90 | -0.55 | -0.66% | ||
|
Bonny Light • 5 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 2 days | 83.74 | -0.05 | -0.06% | ||
|
Mars US • 186 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.559 | -0.029 | -1.12% |
|
Bonny Light • 5 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 5 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 2 days | 83.74 | -0.05 | -0.06% |
|
Peace Sour • 12 hours | 71.68 | +0.37 | +0.52% | ||
|
Light Sour Blend • 12 hours | 74.73 | +0.37 | +0.50% | ||
|
Syncrude Sweet Premium • 12 hours | 81.68 | +0.37 | +0.46% | ||
|
Central Alberta • 12 hours | 72.08 | +0.37 | +0.52% |
|
Eagle Ford • 2 days | 74.96 | +0.37 | +0.50% | ||
|
Oklahoma Sweet • 2 days | 75.00 | +0.50 | +0.67% | ||
|
Kansas Common • 7 days | 69.25 | -3.00 | -4.15% | ||
|
Buena Vista • 2 days | 83.20 | +0.37 | +0.45% |
Standard Chartered: Global Oil Demand Will Pick Up Strongly In May And June
Despite some crude inventory builds…
Lithium Faces Challenge From Sodium Batteries
Lithium-ion has been the dominant…
Will Big Oil See Better Earnings In Q2?
The energy sector has underperformed…
Energy
Why Natural Gas Producers Are Betting Big On Hydrogen
With president-elect Joe Biden having vowed to return the United States to the 2015 Paris Climate Accord as a matter of urgency, the clean energy sector is about to gain…
EIA Sees WTI at $56 For Q1 2021
The U.S. crude oil benchmark WTI will average $56 per barrel across the first quarter of this year, the Energy Information Administration has estimated in its Short-Term Energy Outlook…
Can Shale Resist The Lure Of Another Output Surge?
U.S. shale changed global oil markets. It shook the foundations of OPEC as the one single swing producer group. And last year, it crumbled under the weight of the pandemic…
Biden Plans To Kill Keystone XL Oil Pipeline
U.S. President Joe Biden is rescinding the Presidential permit for the Keystone XL oil pipeline project on his first day in office, raising concerns about Alberta’s oil industry and the…
Canada Is Cleaning Up Its Oil Sands
Until very recently, nearly any news out of the Canadian oil sands was certain to be a tale of woe. While Alberta’s oil and gas industry didn’t suffer…
Saudi Arabia Remained China’s Top Oil Supplier In 2020
Saudi Arabia narrowly beat Russia to hold…
U.S. Oil Product Demand Is Set For A Biden Boost In 2021
After a devastating 2020, Rystad Energy projected demand for oil products in the US to grow by 1.08 million bpd in 2021 to 19.1 million bpd. This projection left politics…
What’s Next For Very Volatile Natural Gas Markets
Last week’s record-high spot prices of liquefied natural gas (LNG) in Asia may not hold for long, but the surge could be a sign of what the future holds for…
Israeli Firm Releases EV Battery That Can Charge In 5 Minutes
An Israeli firm has announced the first superfast EV battery that can charge in just five minutes. The technology could spark a true EV revolution as it would eliminate one…
Oil Rises On Inauguration Day As Markets Eye Big Stimulus Act
Oil prices rose for a second consecutive day on Wednesday, as the market expects the incoming U.S. Administration to “act big” in the next COVID relief package. As of…
Biden To Kill Keystone XL Pipeline, Rejoin Paris Agreement
On his first day in office on Wednesday, incoming U.S. President Joe Biden will sign executive orders to reverse decisions of the previous administration and will rejoin the Paris…
Oil Majors Win Big As LNG Prices Soar
Shell turned the lights back on at its Prelude offshore LNG facility just as Asia was being frozen by a cold spell that…
The Real Reason Why Solar Stocks Are Selling Off
The shift from high-carbon fuels to clean energy is in full swing, and solar stocks have been enjoying their moment in the sun. The market’s only pure-play solar…
Could The EV Boom Help Alleviate The Unemployment Crisis?
While many sectors of the economy continue to flounder and unemployment rates remain tragically high, the stock market is thriving and certain industries…
Angola Looks To Replicate Brazil’s Offshore Oil Boom
The sub-Saharan country of Angola is not one which readily springs to mind when thinking about oil producing nations. The deeply impoverished former Portuguese colony, which is an…
Oil Rallies Despite Growing Demand Concerns
We hope you enjoy.Chart of the Week
UAE’s Oil Giant Looks To Partner With U.S. Shale Companies
The Abu Dhabi National Oil Company (ADNOC) is looking to form partnerships with companies from the United States to develop unconventional oil resources in the United Arab Emirates (UAE),
Oil Rises On Expectations Of ‘Big’ U.S. Stimulus Package
Oil prices shook off the risk-off trade on Monday and rose early on Tuesday, amid expectations that U.S. Treasury Secretary nominee Janet Yellen will push for a large relief package…
IEA Slashes Oil Demand Outlook For 2021
The International Energy Agency cut its crude oil demand recovery outlook for this year by 300,000 bpd to 5.5 million bpd in its latest Oil Market Report, out today.…
Investors Growing More Bullish On Oil
Investors are becoming increasingly bullish on crude oil, with trading activity on the most popular crude and fuels contracts off to a strong start of the year. Reuters’s John Kemp…
