 |
Louisiana Light • 4 days | 78.61 | -1.95 | -2.42% | ||
|
Bonny Light • 3 days | 81.28 | +1.10 | +1.37% | ||
|
Opec Basket • 4 days | 85.00 | +1.11 | +1.32% | ||
|
Mars US • 31 days | 79.71 | -2.05 | -2.51% | ||
|
Gasoline • 10 mins | 2.107 | -0.015 | -0.68% |
|
Bonny Light • 3 days | 81.28 | +1.10 | +1.37% | ||
|
Girassol • 3 days | 81.92 | +1.12 | +1.39% | ||
|
Opec Basket • 4 days | 85.00 | +1.11 | +1.32% |
|
Peace Sour • 6 hours | 57.82 | -1.89 | -3.17% | ||
|
Light Sour Blend • 6 hours | 61.67 | -1.89 | -2.97% | ||
|
Syncrude Sweet Premium • 6 hours | 66.27 | -1.89 | -2.77% | ||
|
Central Alberta • 6 hours | 59.82 | -1.89 | -3.06% |
|
Eagle Ford • 4 days | 72.44 | -1.90 | -2.56% | ||
|
Oklahoma Sweet • 4 days | 72.00 | -2.00 | -2.70% | ||
|
Kansas Common • 7 days | 65.00 | -0.75 | -1.14% | ||
|
Buena Vista • 5 days | 83.98 | +1.45 | +1.76% |
What More OPEC+ Cuts Mean for the Market
The Thursday OPEC+ decision for…
OPEC+ Headed for 2 Million Bpd Oil Output Cut in 2024
Total OPEC+ cuts could approach…
How Global Warming Causes Extreme Weather Patterns
One claim frequently heard regarding extreme heat waves goes something like this: “Since this heat wave broke the previous record by 5°C, global warming can’t have much to do with it since that has been only 1°C over the 20th century”. Here we explain why we find this logic doubly flawed.
One can ask two different questions about the influence of global warming on heat waves (Otto et al. 2012), and we take them in turn.
1. How much hotter did global warming make this heat wave?
We have some trouble with framing the question like this, because it tacitly assumes that the same weather situation would have also arisen without global warming, only at a (say) 1 °C lower temperature level. That need not be the case, of course, since weather is highly stochastic and global warming can also affect the circulation patterns of the atmosphere.
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