 |
Louisiana Light • 2 days | 86.79 | -0.77 | -0.88% | ||
|
Bonny Light • 1 day | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 180 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.596 | +0.018 | +0.71% |
|
Bonny Light • 1 day | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 1 day | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 3 hours | 72.20 | -2.93 | -3.90% | ||
|
Light Sour Blend • 3 hours | 75.25 | -2.93 | -3.75% | ||
|
Syncrude Sweet Premium • 3 hours | 82.20 | -2.93 | -3.44% | ||
|
Central Alberta • 3 hours | 72.60 | -2.93 | -3.88% |
|
Eagle Ford • 2 days | 78.41 | -0.70 | -0.88% | ||
|
Oklahoma Sweet • 2 days | 78.25 | -0.75 | -0.95% | ||
|
Kansas Common • 2 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 3 days | 87.60 | -1.22 | -1.37% |
Fresh EU Sanctions on Russian Gas Could Trigger a Price Rally
TotalEnergies CEO Pouyanne has predicted…
Standard Chartered: Global Oil Demand Will Pick Up Strongly In May And June
Despite some crude inventory builds…
Why Biden is Unlikely to Enforce the New Iran Oil Sanctions
Despite Congress passing new sanctions…
Energy
Another One Bites The Dust: Dyson Ditches Electric Car Project
British entrepreneur legend, James Dyson, has officially abandoned his electric car project, according to multiple sources including The Verge. In an all staff email sent out on Thursday, Dyson said…
How Much Crude Oil Does Plastic Production Really Consume?
Many social media users had a field day recently when Greta Thunberg tweeted a picture in which the 16-year-old activist was snacking on food in plastic packaging. Activists against…
OPEC Chief Hints At Deeper Cuts In December
All options are on the table, including a deeper cut from OPEC and its allies in December, OPEC Secretary General Mohammad Barkindo said on Thursday, as the OPEC+ coalition…
Alberta Plans Oil Offensive, Starts ''Energy War Room''
Alberta’s Conservative government is moving closer to the launch of its so-called energy war room—officially the Canadian Energy Center—which will seek to improve the public image of the oil industry.…
The $850 Quadrillion Space Weapon Obama Refused To Build
Even if you haven’t seen Star Wars, everyone knows about the Death Star. But how realistic is the idea of the Death Star, and how much energy would it really…
Big Oil Tries To Buy Back Investors
Major oil companies have recently raised their guidance for dividend payouts, promising shareholders handsome returns at a time when a growing number of investors are questioning the future of oil…
The Race To Save $100 Billion - A Digital Revolution In Oil
In a new in-depth study, Rystad Energy estimates that as much as $100 billion can be eliminated from E&P upstream budgets through automation and digitalization initiatives in the 2020s. Service…
Iran's 3-Part Plan To Outsmart Sanctions
Iran’s priority in continuing to optimise its oil industry exports despite ongoing U.S. sanctions is to push the pace of development firstly of the multiple fields that constitute the
The Largest US Oil Production Drop In A Decade Was Just A Glitch
The largest monthly drop in U.S. crude oil production in more than a decade in July is likely a temporary, geographically isolated glitch largely due to Gulf of Mexico shut-ins…
Syria Fears Send Oil Prices Higher
Turkey’s military invasion into northeastern Syria has moved crude prices higher after this week’s trading failed to move WTI below the $52 per barrel mark. With a further Middle Eastern…
Russia’s Oil Giants Are Addicted To Tax Breaks
For much of the 2010s, Rosneft was the leading force on the Russian domestic crude market. It is one thing to produce 42-43 percent of Russia’s crude production, indubitably noteworthy…
A Long-Term Crisis Looms For Oil
The US oil rig count continues to drop, falling by 3 to 710 for the week ending October 4, according to Baker Hughes data. It is now 18 percent down…
A Geopolitical Powder Keg In The Middle East
The US-Iran Conflict is Playing Out in Iraq As we noted at the beginning of the intensification of the US-Iran conflict, the Middle East will begin to disintegrate not in…
Forget The Middle East – This Is The Real Threat To Oil
Oil prices continued to fall this week as the US and China stoked concerns that the two sides will fail to cooperate on a trade deal anytime soon. On the…
Iran Makes Huge Natural Gas Discovery - Could Power Tehran For 16 Years
Iran’s state oil company has struck natural gas at a new deposit, according to a report in PressTV, quoting another report from news agency Fars. According to PressTV,…
Inventory Build Sends Oil Prices Lower
As crude oil entered its third day of price declines in a row, the Energy Information Administration added to already existing pressure by reporting a build in crude oil…
An Energy Blackhole? The Dirty Truth About Bitcoin Mining
This year’s bitcoin bull run has coincided with record levels of mining activity--in fact, it’s seen an 800% increase since $20,000 peak to 84 quintillion hashes per second in September,…
The New Sweet Spot In The Permian Boom
New Mexico may be starting to surpass West Texas as the main focus of shale drilling, with rigs decamping from familiar areas in the Permian to other less drilled locales.…
Is This The Next $170 Billion Energy Industry In The US?
Hydrogen is the simplest element on earth and most abundant element in the universe. It is an energy carrier as it has high energy content per unit of weight.…
EIA Sharply Cuts Oil Price Forecast
The EIA has revised downward again its oil price forecast in October’s Short Term Energy Outlook (STEO), shaving another $5 per barrel off its forecast compared to last month’s…
