 |
Louisiana Light • 2 days | 73.63 | -1.24 | -1.66% | ||
|
Bonny Light • 2 days | 75.68 | -0.89 | -1.16% | ||
|
Opec Basket • 2 days | 76.55 | +1.08 | +1.43% | ||
|
Mars US • 22 hours | 71.59 | -1.24 | -1.70% | ||
|
Gasoline • 10 mins | 2.592 | -0.020 | -0.78% |
|
Bonny Light • 2 days | 75.68 | -0.89 | -1.16% | ||
|
Girassol • 2 days | 78.20 | -0.88 | -1.11% | ||
|
Opec Basket • 2 days | 76.55 | +1.08 | +1.43% |
|
Peace Sour • 13 hours | 65.54 | -1.24 | -1.86% | ||
|
Light Sour Blend • 13 hours | 66.84 | -1.24 | -1.82% | ||
|
Syncrude Sweet Premium • 13 hours | 75.79 | -1.24 | -1.61% | ||
|
Central Alberta • 13 hours | 65.14 | -1.24 | -1.87% |
|
Eagle Ford • 2 days | 67.77 | -1.24 | -1.80% | ||
|
Oklahoma Sweet • 2 days | 67.75 | -1.25 | -1.81% | ||
|
Kansas Common • 4 days | 62.00 | +0.00 | +0.00% | ||
|
Buena Vista • 8 days | 76.40 | +1.64 | +2.19% |
GCC Nations Unite For Mega Railway Project
The delayed GCC Railway project,…
Understanding The Economic Realities Behind Wind And Solar Energy
The article questions the efficiency…
EIA Boosts U.S. Oil Production Forecast For 2023
The EIA has increased its…
News
Pentagon Papers Show Saudi Arabia, U.S. Traded Threats Over Oil
Newly leaked Pentagon papers showed that Saudi Arabia's Crown Prince Mohammed bin Salmon threatened the United States with economic calamity over oil production decisions, according to the Washington Post. Relations…
General Motors Adopts Tesla’s Charging Technology
General Motors announced on Thursday that it will be switching to Tesla's charging network and charging technologies, CNBC reports. The…
European Natural Gas Demand Drops As Top Economies Slow
Despite the lowest natural gas prices in two years, Europe’s natural gas demand continues to be weak and fell in May from a year earlier as industries are slowing and…
Platts Survey: OPEC+ Production Plunged By 670,000 Bpd In May
OPEC+ slashed its crude oil production by 670,000 barrels per day (bpd) in May, as the voluntary cuts with which the group shocked the markets in April began, the latest…
Russia's Gasoline Exports Have Surged By 37% This Year
Despite the Western sanctions, Russian oil companies boosted their gasoline exports by 37% between January and May compared to the same period in 2022, Russian daily Kommersant reported on…
Dam Rupture Poses No Threat to Ukraine's Nuclear Plant, IAEA Reports
The Zaporizhzhya nuclear power plant in Ukraine is still receiving water needed to cool its reactors despite the rupture of the Kakhovka dam, the International Atomic Energy Agency…
Norway Considers Opening Huge Area To Deep Sea Mining
Norway’s government plans to submit to Parliament in the coming weeks plans to open a large area to deep sea mining as it seeks to access and extract critical minerals…
Exxon Narrowly Avoids Oil Production Halt In Guyana
An appeals court has suspended an order issued by a lower court that could have seen supermajor Exxon lose its license to operate the Liza-1 offshore well that yields about…
UK Considers Lifting Windfall Tax For Oil And Gas Operators
The UK’s government may lift the controversial 35% windfall tax it imposed on the energy industry last year in response to the supply crunch that sent energy prices…
Head Of UAE Oil Giant Says Fossil Fuel Phasedown Inevitable
The head of the United Arab Emirates state-run oil giant, ADNOC—and incoming COP28 President—said that a fossil fuel phasedown is inevitable. "The phasedown of fossil fuels is inevitable. The speed…
Oil Prices Perk Up As U.S. Says No Deal With Iran Over Oil
The White House has refuted claims on Thursday that the United States was close to a deal with Iran over its nuclear program that would entail lifting sanctions on Iran’s…
Whitewashed Urals Crude To Soften Russian Economy Contraction
The World Bank has reported that Russia’s economy will contract a mere 0.2% in the current year, way less than last year’s 2.1%…
Exxon CEO Warns Overemphasis On Renewables Could Backfire
Exxon Mobil Corp. (NYSE:XOM) CEO Darren Woods has urged companies to stop focusing on certain energy sources, such as renewable energy, to save…
OPEC’s Smallest Producer Sees Crude Oil Exports Drop To Zero
Equatorial Guinea, a small West African country and OPEC’s smallest oil producer, did not export any crude oil in May due to output declines and no new projects to replace…
Global Oil Demand For Road Transport Could Peak In 2027
Electric vehicle sales are soaring, displacing larger volumes of transportation-derived fuel demand, which could peak as early as 2027, research firm BloombergNEF said in its annual Electric Vehicle Outlook
China Set To Become The World’s Largest Green Hydrogen Importer By 2030
China could become the world's largest importer of green hydrogen by the end of this decade as it will need 13 million of imported hydrogen annually to decarbonize various industrial…
Russia Says It Will Study Iran’s Plan To Create A Natural Gas Hub
Russia’s agencies will study Iran’s plans to create a natural gas hub on the Persian Gulf in cooperation with Russia, Qatar, and Turkmenistan, Russian Deputy Foreign Minister Sergey Ryabkov said…
U.S. Solar Installations Jump 47% In Q1
U.S. solar system installations rose by 47% in the first quarter of the year despite import problems because of the tariffs imposed on Asian exporters. That’s according to a
A Copper Buying Spree Is Set To Commence
After the slump in global copper prices, a buying spree is brewing, a Citi commodity analyst has forecast. Copper prices slid to the lowest in six months…
Argentina’s Oil And Gas Giant To Focus On Vaca Muerta Exports
Argentina’s state oil and gas operator YPF will focus its efforts on bringing crude oil and natural gas exports from the Vaca Muerta shale formation to as high a level…
