 |
Louisiana Light • 4 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 3 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 4 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 184 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 2 days | 2.555 | -0.041 | -1.59% |
|
Bonny Light • 3 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 3 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 4 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 3 days | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 3 days | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 3 days | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 3 days | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 4 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 4 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 6 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 7 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Turkmenistan Tops Russia in Gas Export Earnings to China
Turkmenistan's natural gas exports to…
Washington's Pleas Fall on Deaf Ears as Ukraine Strikes Russian Refineries
The Financial Times, citing unnamed…
High Costs Threaten to Derail Europe’s Plans to Decarbonize Steel Industry
European steel mills face challenges…
Energy
Could This Become The World’s Newest Oil Exporter?
For many years it seemed that Liberia has missed out on the West African oil bonanza – whilst Nigeria has already established itself as the leading oil producer in the…
Are Oil Prices Rising Too High Too Soon?
Oil prices have rallied significantly, rising $10 in two weeks as markets are increasingly convinced that global demand for crude is picking up once again. Deep output cuts…
China’s Oil Demand Rebounds To Pre-Coronavirus Levels
Oil demand in the world’s top oil importer, China, has rebounded to pre-coronavirus levels, Bloomberg reported on Monday, citing sources with inside knowledge of China’s energy sector. China was the…
Oil Jumps 11% On Signs Of Demand Recovery
U.S. benchmark oil prices surged by 11 percent early on Monday to a two-month high of over $32 a barrel amid signs of demand recovery and accelerated production cuts from…
Saudi Arabia And Kuwait Halt Production At Giant Joint Oil Field
Saudi Arabia and Kuwait will suspend production at the Al-Khafji field, which they operate jointly, during June, Reuters reports, quoting Kuwaiti media. Al-Khafji is one of four offshore and…
The State Hit Hardest By The Oil Crash
The Texas economy has suffered a double blow from COVID-19 crisis and the collapse of the oil industry. U.S. shale drillers had already planned on cutting…
The Holy Grail Of Electric Vehicle Charging
For all their hype and techno-wizardry, EVs still bow down to their gas-powered cousins when it comes to driving range, not to mention that they take much longer…
U.S. Shale Could Crush The Oil Market Recovery
Oil markets have taken a beating around the globe, but nowhere has the pummeling been worse than in the United States shale patch, where the oil price crash…
Is Hydrogen The Jet Fuel Of The Future?
Hydrogen, the most abundant element in the universe, has been touted as a superior alternative to lithium-ion batteries in cars, but adoption has been painfully slow. For all…
Activist Investors Demand More Climate Action From Oil Majors
In the span of just six months, Europe’s biggest oil and gas companies raced to commit to net-zero emission targets in response to increased investor and societal demands to start…
A Huge Fleet Of 117 Tankers Is Bringing Super Cheap Crude To China
While the rest of the world is tentatively coming out of lockdowns, China is taking advantage of the cheapest crude oil in years to stock up as demand…
Battery Metals Suffer From Slump In EV Sales
While electric car sales were crashing in China, the world’s largest EV market by a country mile, customers were still busy kicking tires in Western Europe.
Why COVID-19 Won't Crush Renewables
Some very wrong but intuitively appealing ideas about energy keep recurring. These are the ideological equivalents of vampires in old movies, waking hungry and rising from the coffin…
The Relentless Oil Price Rally
Oil prices are continuously rising despite the uncertainty surrounding COVID-19, with WTI nearing a two-month high on Friday morningFor further research, analysis and trade recommendations, make sure you…
Rig Count Drops To New Low As Oil Prices Soar
Baker Hughes reported on Friday that the number of oil and gas rigs in the US fell again this week by 35, falling to 339, with the total oil and…
U.S. Fracking Activity To Hit Rock Bottom In May
The Covid-19 pandemic and the low oil-price environment it has created continues to affect global energy markets and activity levels by oil and gas producers. New fracking jobs in the…
Petrobras Expects Permanent Damage To Oil Demand As It Writes Off Billion
Petrobras has warned its shareholders that the coronavirus pandemic could leave a permanent mark on the global economy, including on consumer behaviors, as it reported a first-quarter loss and massive…
Gasoline Demand Is Set For A Rapid Rebound
Friday, May 15, 2020 1. IEA: Gasoline demand will come back quickly- The IEA said…
The First Signs Of Real Oil Demand Recovery Are Here
U.S. West Texas Intermediate crude oil futures are breaking out to the upside of a seven-session trading range, solidifying its third consecutive weekly higher close. The catalyst behind Friday’s strength…
The Weakest Link In The OPEC+ Production Cut Deal
COVID-19 Market Impact - With Henry Hub prices in the $1.80-$1.90 range, there is concern that Haynesville LNG exports could experience a 20% decline in output towards 2023, according to…
