 |
WTI Crude •10 mins | 47.74 | -2.46 | -4.90% |
|
Brent Crude •10 mins | 57.36 | -2.25 | -3.77% |
 |
Natural Gas •10 mins | 3.730 | +0.202 | +5.73% |
|
Mars US •19 hours | 53.38 | -1.37 | -2.50% |
|
Opec Basket •1 day | 58.24 | -0.83 | -1.41% |
|
Urals •1 day | 58.50 | +0.00 | +0.00% |
|
Louisiana Light •1 day | 56.40 | -1.71 | -2.94% |
|
Marine •1 day | 59.06 | -0.51 | -0.86% |
|
Murban •1 day | 60.67 | -0.81 | -1.32% |
|
Iran Heavy •1 day | 54.48 | -0.62 | -1.13% |
|
Basra Light •1 day | 60.05 | -0.85 | -1.40% |
|
Saharan Blend •1 day | 58.79 | -0.63 | -1.06% |
|
Bonny Light •1 day | 60.51 | -0.62 | -1.01% |
|
Canadian Crude Index •15 mins | 30.68 | -1.14 | -3.58% |
|
Western Canadian Select •1 day | 25.20 | -1.00 | -3.82% |
|
Canadian Condensate •1 day | 32.20 | -1.00 | -3.01% |
|
Premium Synthetic •1 day | 50.30 | -1.00 | -1.95% |
|
Sweet Crude •1 day | 24.70 | -1.00 | -3.89% |
|
Peace Sour •1 day | 21.20 | -1.00 | -4.50% |
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Louisiana Light •1 day | 56.40 | -1.71 | -2.94% |
|
Domestic Swt. @ Cushing •1 day | 46.00 | -1.75 | -3.66% |
|
Giddings •1 day | 39.75 | -1.75 | -4.22% |
|
ANS West Coast •4 days | 60.54 | -1.35 | -2.18% |
|
West Texas Sour •1 day | 43.83 | -1.32 | -2.92% |
|
Eagle Ford •1 day | 47.78 | -1.32 | -2.69% |
Libya Declares Force Majeure On Largest Oil Field
After a week’s blockade by…
The Race Is On: Big Oil Rushes To Supply The 1 Billion Disconnected
Oil majors are stepping up…
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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