 |
WTI Crude •1 day | SellBuy | 66.09 | +2.26 | +3.54% |
|
Brent Crude •1 day | SellBuy | 69.36 | +2.62 | +3.93% |
 |
Natural Gas •1 day | 2.701 | -0.045 | -1.64% | |
|
Mars US •1 day | 66.39 | +2.41 | +3.77% | |
|
Opec Basket •4 days | 62.15 | +0.18 | +0.29% | |
|
Gasoline •1 day | 2.065 | +0.067 | +3.34% | |
|
Louisiana Light •4 days | 63.63 | +1.58 | +2.55% |
|
Marine •2 days | 66.53 | +3.60 | +5.72% | |
|
Murban •2 days | 67.42 | +4.10 | +6.48% | |
|
Iran Heavy •2 days | 65.51 | +1.68 | +2.63% | |
|
Basra Light •2 days | 69.75 | +2.92 | +4.37% | |
|
Saharan Blend •2 days | 68.40 | +1.78 | +2.67% | |
|
Bonny Light •2 days | 67.69 | +1.57 | +2.37% |
|
Canadian Crude Index •2 days | 54.26 | +2.53 | +4.89% | |
|
Western Canadian Select •1 day | 52.43 | +2.60 | +5.22% | |
|
Canadian Condensate •2 days | 62.83 | +2.55 | +4.23% | |
|
Premium Synthetic •2 days | 64.23 | +2.55 | +4.13% | |
|
Sweet Crude •1 day | 61.43 | +3.00 | +5.13% | |
|
Peace Sour •1 day | 60.53 | +3.50 | +6.14% |
|
Louisiana Light •4 days | 63.63 | +1.58 | +2.55% | |
|
Domestic Swt. @ Cushing •2 days | 62.50 | +2.25 | +3.73% | |
|
Giddings •2 days | 56.25 | +2.25 | +4.17% | |
|
ANS West Coast •5 days | 62.57 | -0.84 | -1.32% | |
|
West Texas Sour •2 days | 60.04 | +2.26 | +3.91% | |
|
Eagle Ford •2 days | 63.99 | +2.26 | +3.66% |
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
OPEC+ Decision To Raise Output Could Keep U.S. Gasoline Under $3
If OPEC+ decides this week…
The Pentagon Successfully Tests Solar Panel In Space
The Pentagon has successfully tested…
Middle East Producers Are Desperate For Higher Oil Prices
Higher crude prices will play…
News
Surprise OPEC+ Cuts Rollover Depresses Already Weak Oil Tanker Market
Oil tanker owners and shipbrokers are set to suffer longer than expected from the massive OPEC+ production cuts after the coalition surprised the oil and tanker markets on Thursday by…
Offshore Oil & Gas Projects Set For Record Recovery
Operators are expected to commit to developing a record number of offshore oil and gas projects over the next five years, with deepwater projects set for the…
New Factory Could Reduce Green Hydrogen Costs By 20%
Danish catalyst manufacturer Haldor Topsoe plans to build a large-scale facility to manufacture electrolyzers that would be used for green hydrogen production and potentially reduce the cost of green hydrogen…
U.S. Refiners Hit With Lower Fuel Demand From Key Markets
The pandemic may be receding in some parts of the world, but it is still ravaging Mexico and Brazil, presenting another challenge to U.S. refiners as the two countries are…
China To Cut Energy Intensity By 3% This Year
China will reduce the amount of energy it uses to expand its economy by 3 percent this year as part of efforts to hit emission reduction targets set earlier, Reuters…
U.S. Energy Storage Installations Up 183% In Q4 2020
U.S. energy storage boomed in the last quarter of 2020, with record 2,156 megawatt-hours (MWh) of new energy storage systems brought online, up by a massive?182 percent compared to the…
Aramco CEO Sees Crude Demand Picking Up Quickly
Crude oil demand is expected to improve in just a few short months, Saudi Aramco CEO Amir Nasser said this week at IHS Markit’s CERAWeek, with oil demand from China,…
Small-Scale Solar Installations Boom In Texas And Florida
Small-scale solar installations in Texas and Florida have been rapidly growing in recent years, the Energy Information Administration (EIA) said on Thursday. Strong solar resources, state incentives, and some…
Chevron To Produce Carbon-Negative Energy In California
Chevron will work with a unit of oilfield services giant Schlumberger, as well as with Microsoft and private company Clean Energy Systems, to build a bioenergy plant with carbon capture…
Resource Nationalism Becomes Major Threat For Oil Companies, Miners
Resource nationalism has spiked in more than 30 countries over the last year and more…
Houthi Rebels Claim Missile Attack On Saudi Aramco Facility
The Houthi rebels in Yemen claimed they have struck an Aramco facility in Jeddah in a missile attack, Russia’s Sputnik reports, citing a statement by the rebel group. The…
Energy Secretary Ready To Unleash $40 Billion In Green Energy Funds
President Biden’s new Energy Secretary Jennifer Granholm is ready to let loose $40 billion in Department of Energy loans, the former Michigan governor said on Wednesday at CERAWeek. Granholm has…
Exxon Plans Higher Earnings And Dividend Through 2025
ExxonMobil expects its investments to generate returns of over 30 percent as it focuses on high-return and cash-generating projects that would allow it to grow its dividend, the U.S. supermajor…
IEA Head: India’s Coal Exit Cannot Happen Without Financial Support
India and other developing nations should get international financial support, as well as strong government commitment and aid, in order to phase out coal and contribute to emissions reduction, Fatih…
Russia Considers Cutting Government Borrowing As Oil Prices Rally
Russia could end up borrowing US$6.8 billion (500 billion Russian rubles) less than planned this year as rising oil prices help its key oil revenues to rise, Bloomberg reported…
Europe's EV Euphoria May Not Last
The entire EV world looks at Europe as the "holy grail" of electric vehicles - since the continent is buying EVs at a record pace. But that euphoria,…
Maduro Hints At “New Business Models” In Oil
The Venezuelan National Assembly will consider reforms to the country’s oil law that will open the door to “new business models,” President Nicolas Maduro said this week, as quoted…
Democrats Relaunch Bill To Make U.S. Carbon Neutral By 2050
House Democrats have reintroduced a revised version of the CLEAN Future Act that aims to set the United States on course to a carbon neutrality future by 2050. "The CLEAN…
Huge Gasoline, Distillate Draws Outweigh Crude Oil Build
The American Petroleum Institute (API) reported on Tuesday a build in crude oil inventories of 7.356 million barrels for the week ending February 26. Analysts had predicted an inventory draw…
U.S. Gasoline Demand Jumps To Highest Since Pandemic Started
U.S. gasoline demand jumped last week to the highest level since the COVID-19 pandemic started, with demand this past Sunday up by 18.2 percent compared to the previous Sunday, according…
