 |
Louisiana Light • 3 days | 83.17 | +0.44 | +0.53% | ||
|
Bonny Light • 2 days | 83.46 | +0.46 | +0.55% | ||
|
Opec Basket • 3 days | 83.30 | +0.35 | +0.42% | ||
|
Mars US • 197 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 1 day | 2.574 | +0.036 | +1.43% |
|
Bonny Light • 2 days | 83.46 | +0.46 | +0.55% | ||
|
Girassol • 2 days | 84.84 | +0.60 | +0.71% | ||
|
Opec Basket • 3 days | 83.30 | +0.35 | +0.42% |
|
Peace Sour • 2 days | 71.94 | +0.58 | +0.81% | ||
|
Light Sour Blend • 2 days | 74.99 | +0.58 | +0.78% | ||
|
Syncrude Sweet Premium • 2 days | 81.94 | +0.58 | +0.71% | ||
|
Central Alberta • 2 days | 72.34 | +0.58 | +0.81% |
|
Eagle Ford • 3 days | 75.71 | +0.60 | +0.80% | ||
|
Oklahoma Sweet • 3 days | 75.75 | +0.75 | +1.00% | ||
|
Kansas Common • 3 days | 69.50 | +0.50 | +0.72% | ||
|
Buena Vista • 4 days | 83.26 | +0.61 | +0.74% |
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Is Wall Street Cutting Its Fossil Fuels Losses?
The global energy sector is at a major bifurcation point, with the energy revolution having grown into an unstoppable force now. The value of fossil fuel investments has…
China’s Oil Imports Are Falling From Record Highs
China’s crude oil imports have fallen in recent months from their record high of nearly 13 million barrels per day (bpd) in June, although imports continue to be considerably higher…
The U.S. Officially Quits The Paris Climate Agreement
As of Wednesday, the United States has officially left the Paris Agreement, as U.S. President Donald Trump promised in 2017. On November 4, 2019, the U.S. gave a 12-month notice…
Oil Prices Jump On Large Crude Inventory Draw
Crude oil inventories in the United States shed 8 million barrels last week, the Energy Information Administration reported a day after the American Petroleum Institute estimated an 8-million-barrel draw…
Four OPEC+ Members Favor Extended Cuts
Three members of OPEC and Russia are in favor of an extension of the current oil production cuts agreed by OPEC+ in April this year, Iraqi news agency Shafaq has…
Rise In COVID Cases May Force OPEC To Do The Unthinkable
With the most recent round of coronavirus-inspired lockdowns in various parts of the world, OPEC may face its biggest challenge yet: cutting even more production
Will The E-Commerce Boom Boost Oil Demand?
"People have money and they're not spending it on going out to the theater, they're buying goods, CEO Black Gold Investors LLC. The transport…
Venezuela’s Oil Industry Is On Its Last Legs
Last week was devastating for Venezuela, its people and nearly collapsed oil industry. Oil production since the start of 2020 has fallen catastrophically to multi-decade lows, the extremely…
Light Sweet Crude Oil Is Taking Over The Market
The popularity of light sweet crude oil among refiners is growing at a solid clip. The ongoing push to combat climate change and ever stricter regulations over fuel…
Why Oil Markets Aren’t Focused On The Election
As the world tunes in to the U.S. election, oil markets are actually more interested in COVID developments and OPEC+ promises
Energy Stocks Are Now The Worst-Ever Performers In Market History
Expectedly, the crash in oil demand and prices has crushed oil and gas stocks to the point of making the energy industry the worst-performing sector this year. Not only…
Why Oil Prices May Be Set To Fall Further
The main oil benchmarks fell below $40 a barrel again this week as clouds gathered over the outlook for demand and supply amid a surge in Covid-19 cases…
OPEC’s Oil Revenues Set To Plunge To 18-Year Low
The low oil prices and the record OPEC+ production cuts are set to nearly halve the net oil export revenues of OPEC members this year compared to 2019, sending them…
Venezuela's Oil Exports Continue To Plunge
Venezuela’s crude oil exports last month fell further, to a low of 359,000 bpd, Reuters reported, citing official data. The decline was the result of the expiry of a…
Oil Prices Rise On Election Day
Oil prices jumped early on Tuesday, with Brent back above the $40 a barrel mark, supported by a rally in financial markets and a weaker U.S. dollar on Election Day.…
3 Ways To Foolproof Your Energy Portfolio
Oil prices fell sharply last week, but the U.S. stock market managed to snap a four-day losing streak after President Trump promised that Congress would deliver "...the best…
Which Country Will Build The World’s Last Coal Plant?
Things are not looking good for coal. The notoriously dirty fossil fuel was once the powerhouse of the world, but it’s fallen out of favor thanks to a…
Argentina Is In Desperate Need Of An Oil Boom
The administration of Argentina’s President Alberto Fernández is growing increasingly desperate to restart the burgeoning oil boom which was underway before the COVID-19 pandemic hit. Argentina has been…
Why Is Russian Oil So Expensive?
The prospect of a 2nd coronavirus wave and consequent demand slump is putting substantial downward pressure on crudes in Europe. Differentials are weakening as most refineries run their distillation units…
Rystad Energy: COVID To Accelerate Peak Oil Demand To 2028
Global oil demand will peak at 102 million barrels per day (bpd) in 2028, Rystad Energy said on Monday, noting that the push to low-carbon energy and the coronavirus…
