 |
Louisiana Light • 3 days | 93.63 | +3.02 | +3.33% | ||
|
Bonny Light • 1 day | 97.63 | -0.78 | -0.79% | ||
|
Opec Basket • 4 days | 95.31 | -0.42 | -0.44% | ||
|
Mars US • 13 hours | 89.81 | -1.97 | -2.15% | ||
|
Gasoline • 33 mins | 2.518 | +0.013 | +0.50% |
|
Bonny Light • 1 day | 97.63 | -0.78 | -0.79% | ||
|
Girassol • 1 day | 98.72 | -0.48 | -0.48% | ||
|
Opec Basket • 4 days | 95.31 | -0.42 | -0.44% |
|
Peace Sour • 5 hours | 86.21 | -1.97 | -2.23% | ||
|
Light Sour Blend • 5 hours | 86.71 | -1.97 | -2.22% | ||
|
Syncrude Sweet Premium • 5 hours | 95.31 | -1.97 | -2.03% | ||
|
Central Alberta • 5 hours | 84.51 | -1.97 | -2.28% |
|
Eagle Ford • 3 days | 86.87 | +0.71 | +0.82% | ||
|
Oklahoma Sweet • 3 days | 87.00 | +0.75 | +0.87% | ||
|
Kansas Common • 2 days | 84.00 | +3.25 | +4.02% | ||
|
Buena Vista • 4 days | 95.63 | -0.10 | -0.10% |
Saudi Energy Minister Sets Record Straight On Oil Prices
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Fusion Experiments Shatter Previous Energy Records
Recent breakthroughs in nuclear fusion…
New Sanctions Heighten Tensions Between Turkey And The U.S.
The U.S. has sanctioned five…
Energy
Why Oil Could Top $100 In Q4 2023
Oil prices have soared to a 10-month high on Wednesday, with a surprise build in U.S. crude inventories failing to dampen expectations of tight supplies for the rest of the…
China’s Strong Oil Imports At Odds With Economic Data
China has maintained a strong rate of crude oil imports pretty much since the start of the year, but instead of turning oil markets bullish, it has only served to…
Builds In Crude, Fuel Inventories Weigh On Oil Prices
Crude oil prices ticked lower today after the Energy Information Administration reported an inventory build of 4 million barrels for the week to September 8. This compared with…
China’s LNG Buying Spree Threatens Global Gas Market Stability
China is back on the spot LNG market to seek cargoes for the coming winter, potentially upsetting a fragile balance in the global natural gas market just as Europe has…
Cost Of Living Crisis Threatens EU Energy Transition
Consistently higher living expenses have deepened a rift among—and within—EU members about tackling climate change and moving away from oil, gas, and coal. The development has been anything but surprising,…
China And U.S. Dominate Global Seaport Trade
According to the World Bank, global seaport trade traffic reached 841 million TEUs (20-foot container equivalent units) in 2021. In this…
Cost-Effective Chromium: The Next Big Thing In Green Energy?
University of Basel chemists have succeeded in replacing the rare elements osmium and ruthenium with a significantly cheaper metal. In terms of their properties, the new materials…
Faster, Cleaner Lithium Extraction Technique Could Boost Clean Energy Future
Princeton University Engineering School researchers have developed a new approach that slashes the land and time needed to extract lithium from brine, which could dramatically expand access…
Slumbering U.S. Supervolcano Holds $1.5 Trillion Worth Of Lithium
An ancient supervolcano along the Nevada-Oregon border contains what could be the world's largest single deposit of lithium. The findings could reshape the West's supply of the critical…
IEA: OPEC+ Production Cuts To Send Oil Prices And Volatility Surging
Oil prices are set for a surge in volatility amid an expected “significant supply shortfall” on the market in the fourth quarter of 2023, due to the Saudi-led cuts to…
Western Alliance Moves Fast On New Middle East Gas Supplies
From the moment on 24 February 2022 when Russian troops first moved into Ukraine, liquefied natural gas (LNG) became the key swing energy resource without which the Western…
U.S. Discovers Lithium Deposit Bigger Than Bolivia’s Salt Flats
Over the past few years, the lithium boom went into overdrive as EV makers like Tesla Inc. (NASDAQ:TSLA) scrambled to secure supplies amid rapid EV growth and tight supplies. The lithium…
China’s Oil Import Surge May Not Mean Economic Rebound
China imported in August record volumes of coal and the third-highest monthly amount of crude oil ever. But the recent surge in the imports of major commodities could be masking…
Saudi Oil Production Cuts To Deepen Rift With U.S.
Last week, Brent crude topped $90 per barrel for the first time since last November, and WTI climbed to an 11-month high, too. The reason: Saudi Arabia and Russia said…
Oil Prices Continue To Climb Toward $100
Oil prices are continuing to climb toward the $100 mark this week thanks to supply disruptions in Libya and expectations of a further U.S. inventory draw.
OPEC’s Production Rises In August
OPEC’s crude oil production was 27.45 million barrels per day in August, according to the group’s latest Monthly Oil Market Report (MOMR) published on Tuesday. A gain of an average…
Colombia Is On The Brink Of A Natural Gas Crisis
A sharp decline in energy sector investment and a lack of world-class hydrocarbon discoveries is threatening strife-torn Colombia with an energy crisis. Natural gas shortages emerged in 2015 when the…
Renewables Are Gaining Ground, But Coal Is Still King
In 2022, 29,165.2 terawatt hours (TWh) of electricity was generated around the world, an increase of 2.3% from the previous year. In this visualization,
IEA Claims Global Oil Demand Will Peak Before 2030
Demand for oil, natural gas, and coal is nearing its peak, the head of the International Energy Agency said in an op-ed for the Financial Times, citing IEA…
Hedge Funds Returning To Oil Markets With Most Bullish Wagers
Back in June, we reported that legendary oil trader Pierre Andurand has seen his hedge fund suffer the worst ever loss after oil prices reversed course. Andurand’s main Andurand…
