 |
Louisiana Light • 2 days | 82.90 | -0.55 | -0.66% | ||
|
Bonny Light • 1 day | 84.01 | -0.44 | -0.52% | ||
|
Opec Basket • 2 days | 83.74 | -0.05 | -0.06% | ||
|
Mars US • 187 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.509 | -0.035 | -1.36% |
|
Bonny Light • 1 day | 84.01 | -0.44 | -0.52% | ||
|
Girassol • 1 day | 84.95 | -0.49 | -0.57% | ||
|
Opec Basket • 2 days | 83.74 | -0.05 | -0.06% |
|
Peace Sour • 7 hours | 71.58 | -0.10 | -0.14% | ||
|
Light Sour Blend • 7 hours | 74.63 | -0.10 | -0.13% | ||
|
Syncrude Sweet Premium • 7 hours | 81.58 | -0.10 | -0.12% | ||
|
Central Alberta • 7 hours | 71.98 | -0.10 | -0.14% |
|
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% |
UAE Quietly Boosts Oil Production Capacity Ahead of OPEC Meeting
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The Renewable Energy Land Rush Could Threaten Food Security
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The Race for Green Hydrogen Dominance is Heating Up
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Energy
The 3 OPEC Countries Considering Deeper Output Cuts
Saudi Arabia and its Gulf Arab neighbors and large fellow OPEC producers the United Arab Emirates (UAE) and Kuwait are discussing this week a potential joint oil production cut of…
Oil Trading Giant Sees Oil Price Recovery Later This Year
Commodity trading major Vitol said it expected oil prices to recover later this year once the effect of the coronavirus epidemic wanes, Bloomberg reported, citing the company’s chief executive.…
Can’t Afford An EV? You’re Paying For It Anyway
Proponents of the electric vehicle (EV) revolution have a lineup of arguments at the ready for drivers on the fence about whether to go electric, and they range from less…
Tesla’s Secret Weapon In The EV Revolution
The future of electric vehicles around the world depends on China. While Europe has long been at the forefront of the electric car industry, with Tesla leading the charge, almost…
U.S. Gasoline Prices Jump On Outages At Major Oil Refineries
Gasoline prices in the United States have increased over the past week as a rise in crude oil prices combined with a fire and shutdowns at several major refineries, refinery…
U.S. Administration Discusses Plan To Oust Venezuela’s Maduro
Officials at the Trump Administration are back discussing a plan to oust Venezuela’s Nicolas Maduro by potentially persuading people in his ruling party to turn against him and agree to…
Texas Oil Production To Rise In 2020 Despite Lower Prices
Despite the slowing growth rate across the U.S. shale patch, oil production in Texas will rise in nearly every month in 2020, thanks to sufficient fracking activity in the state…
Is Energy Storage As Clean As We Think?
Since the turn of the century, there has been a global explosion in the production of renewable power. According to the 2018 BP Statistical Review of World Energy, global renewable…
Shell Sees LNG Market Returning To Balance By 2021
The supply growth of liquefied natural gas (LNG) on the global market is set to slow down later this year and in 2021 when the last of the new projects…
Oil Rallies On Small Crude Inventory Build
As the effect of the coronavirus epidemic begins to recede and oil prices start to recover, the Energy Information Administration reported a crude oil inventory build of 400,000 barrels…
Indonesia’s Oil Output Expected To Fall In 2020
Indonesia’s production of both oil and gas will most likely fall in 2020, a Rystad Energy analysis shows, despite the country’s official projections of a combined 8% growth year-on-year. The…
Why Cramer Is Wrong About Oil Stocks
Three weeks ago, Mad Money host Jim Cramer raised eyebrows after claiming that the oil industry was in the “death knell phase” and that “fossil fuel stocks are now…
The Solar Sector Is Suffering From Coronavirus Contagion
While analysts and international agencies are already assessing the fallout from the coronavirus outbreak on global oil demand, the damage to the energy industry is extending well beyond oil.…
The Permian Pipeline Even Environmentalists Should Support
The idea that an oil or gas pipeline could be positive news for the environment is completely alien to those who believe we should put an end to the fossil…
Brazil’s Oil Production Jumps 20% To New Record In January
Brazil’s oil production jumped by 20.4 percent on the year to set a new production record of 3.168 million barrels per day (bpd) in January, thanks to the prolific pre-salt…
Why The World’s Top Oil Traders Are Going Green
Oil and gas companies have frequently been pilloried for trying to burnish their green credentials with half-hearted attempts at clean energy investments. The recrimination appears well deserved, considering the sector…
Chinese Refinery Run Rates Fall To 6-Year Low
Chinese oil refiners have cut their daily run rates further, to around 10 million bpd, which is the lowest since 2014, according to industry insiders who spoke to Bloomberg.…
Another Major Car Maker Is Backing Hydrogen
The hydrogen fuel cell market has a serious player emerging in South Korean automaker Hyundai Motor Corp., which is jumping into the hydrogen truck market to compete with Nikola, Toyota, and…
EIA Cuts 2020 Oil Demand Forecast By 378,000 Bpd
After on Friday OPEC slashed its oil demand outlook for this year by 230,000 bpd, the Energy Information Administration followed, revising its global oil demand forecast by as much as…
The Risk Of Stranded Energy Assets
The specter of stranded assets in the US electric utility industry has risen again like the undead in a typical horror movie. A leading Wall Street analyst noted recently that…
