 |
Louisiana Light • 3 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 2 days | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 3 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 177 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 2 days | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 2 days | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 2 days | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 3 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 2 days | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 2 days | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 2 days | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 2 days | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 3 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 3 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 3 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 4 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Shale Gas Reactor Could Saves Millions in Propylene Production
University of Michigan engineers have…
Big Oil May Not Support All Trump 2.0 Policies
Trump's two primary campaign promises,…
India Ratchets Up Its Renewable Energy Installations
India has ratcheted up renewable energy installations…
Energy
Russia Doesn’t Expect OPEC+ To Change Course
The OPEC+ panels will not be discussing next week any revisions of the ongoing production cut pact and are not expected to make any major decisions to tweak the deal,…
America Could Go Fully Electric Right Now
Complete electrification and close to 100 percent renewable energy generation: this is a vision of the United States 15 years from now. According to the visionaries, this objective…
A Greener Future Doesn’t Necessarily Mean Giving Up On Oil
No matter how you slice it, it’s clear that we are heading into a new and unprecedented era for energy. The novel coronavirus has shaken up the global…
Locals Donate Hair To Help Soak Up Oil Spill Off Mauritius
The island of Mauritius in the Indian Ocean is attracting tourists thanks to its pristine beaches, spectacular lagoons and coral reefs, and unique marine life. These days, however, Mauritius is…
Colombian Oil Major Reports Surprise Profits Despite Market Downturn
The March 2020 oil price crash and COVID-19 pandemic has hit the global energy sector hard. In response oil companies are slashing capital spending, driving down costs and…
How COVID Relief Saved Texas Shale Jobs
Four months ago, Congress approved the ambitious and unprecedented Paycheck Protection Program (PPP) as part of the $2 trillion pandemic rescue package, and now we’re starting to see the…
Oilfield Service Companies Are Bailing On The Permian
The United States shale revolution didn’t just transform West Texas, and it didn’t just transform the energy sector, and it didn’t just transform the entire U.S. economy. It…
Aramco May Have To Cut Costs To Pay Out Big Dividend
Saudi Arabia’s oil giant Aramco is considering additional cuts to its capital expenditure (capex) in order to be able to pay its massive dividends, the Financial Times reported on…
U.S. Oil Production To Fall More Than Expected This Year
U.S. crude oil production will drop by an average of 990,000 barrels per day, according to the Energy Information Administration, for an average of 11.26 million bpd. That is…
Oil Prices Leap Higher On Bullish Inventory Data
Crude oil prices got another lift today after the Energy Information Administration reported a crude oil inventory draw of 4.5 million barrels for the week to August 7. At…
OPEC Admits That 2020 Oil Demand Is Worse Than Expected
Due to the coronavirus shock to the global economy, the world’s oil demand is expected to drop by 9.1 million barrels per day (bpd) in 2020 – a larger demand…
Has The Oil Market Finally Turned A Corner?
August has historically been brutal for oil and gas stocks. According to data from Schaeffer Research, the energy sector has consistently underperformed in August, with returns coming in negative in…
China To Expand Its Influence In The Middle East With Major Oil Deal
China continues to expand its influence in the Middle East through oil and infrastructure deals, and the latest deal with ADNOC is a great example of how Beijing looks to…
How COVID-19 Completely Disrupted Car Markets
The coronavirus pandemic has already destroyed oil demand growth. It has dented oil demand. It has sent oil and gas companies under. It has stymied exploration and production the world…
Lull In Trading Keeps Oil Prices Range-Bound
A seasonal lull in oil trading has kept price movements largely range-bound recently, but this can still change this week as OPEC and the International Energy Agency are…
Robinhood Investors Have A New Favorite Oil Stock
If COVID has solidified one thing, it is that playing the market must be democratic. And as always in a democracy, people get what they deserve: That means…
Oil Prices Rally On COVID Optimism
Oil prices got a boost on Tuesday on fresh hopes of progress in coronavirus vaccine trials, though the oil industry still has a long road ahead before seeing a full…
Alibaba, UAE-Backed Tesla Competitor Set To IPO In The U.S.
Chinese electric carmakers continue savoring becoming Tesla-competitive in their home market — while keeping the door open to Tesla’s home court and stock market success. Chinese…
Oil Prices Rise On Renewed Stimulus Hopes
Oil prices rose early on Tuesday as equity markets rallied on hopes that the U.S. is close to announcing another stimulus package to support the economy in response to the…
Iranian Oil Exports Much Higher Than Official Data Suggests
Iran is exporting a lot more crude oil than U.S. figures suggest, data from TankerTrackers.com has revealed, as reported by NBC News. According to the data, Iran is exporting…
