 |
Louisiana Light • 2 days | 86.79 | -0.77 | -0.88% | ||
|
Bonny Light • 1 day | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 180 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.591 | +0.013 | +0.51% |
|
Bonny Light • 1 day | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 1 day | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 3 hours | 72.20 | -2.93 | -3.90% | ||
|
Light Sour Blend • 3 hours | 75.25 | -2.93 | -3.75% | ||
|
Syncrude Sweet Premium • 3 hours | 82.20 | -2.93 | -3.44% | ||
|
Central Alberta • 3 hours | 72.60 | -2.93 | -3.88% |
|
Eagle Ford • 2 days | 78.41 | -0.70 | -0.88% | ||
|
Oklahoma Sweet • 2 days | 78.25 | -0.75 | -0.95% | ||
|
Kansas Common • 2 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 3 days | 87.60 | -1.22 | -1.37% |
Russian Uranium Import Ban Sends Shockwaves Through Energy Markets
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News
Refiners Reap Benefits from Russian Sanctions Fallout
Refiners are enjoying the highest premium for fuel oil in two years thanks to tighter supply resulting from lower Russian shipments of the heavy product, Bloomberg has reported,…
U.S. Natural Gas Prices Could Soon Hit $10
Warmer than usual spring weather, expectations of a hotter summer, and record LNG exports to help Europe reduce dependence on Russian gas could send the U.S. benchmark natural…
Hungary And Slovakia Get Two Years To Comply With Russian Oil Ban
The European Union is set to give some member states heavily dependent on Russian oil – such as Hungary and Slovakia – time until the end of 2024…
Libya’s Zueitina Port Receives First Oil Tanker After Lifting Force Majeure
Libya’s Zueitina port has received its first oil tanker after temporarily lifting force majeure last week to free up storage space. While Libya’s National Oil Company…
Germany Will Have First LNG Import Capacity By Year’s End
Germany has begun construction on its first LNG import terminal, and in the meantime, has rented four mobile floating tankers as it scrambles to rid itself of the…
Shell Says It’s Impossible to Trace Russian Crude In Refined Products
There is no way to trace whether there is Russian crude oil or how much crude from Russia will go into the refined products market globally, Shell’s chief…
U.S. Oil Firms Generate Highest Cash Flows Since 2014
U.S. public oil producers saw their combined cash from operations hit $27.5 billion in the fourth quarter of 2021, the largest quarterly figure since the third quarter of…
NOPEC Antitrust Bill Could Get Senate Approval Today
The U.S. Senate Judiciary Committee is expected on vote later on Thursday on a bill that would allow the U.S. to sue OPEC for antitrust behavior and market…
Shell Sees Highest Profits Since 2008
Shell Plc (NYSE: SHEL) is raising its quarterly dividend after posting its highest profit since 2008, tripled from the first quarter of 2021,…
Japan Says EU Oil Embargo Will Be Hard To Join
Japan would be hard placed to follow in the EU’s footsteps and embargo Russian oil and oil products, the country’s economy, trade, and industry minister Koichi Haguida said…
India Ramps Up LNG Imports Amid Power Crunch
Despite exorbitant prices, India has been buying additional cargoes of liquefied natural gas to battle a power supply crunch that has caused blackouts in one of the world’s…
Diesel Prices Hit New Record On Wednesday
Diesel prices hit yet another new record on Wednesday at $5.43 per gallon, now some $1.2 more than a gallon of gasoline, according…
America’s LNG Giant Cheniere Reports Unexpected Loss
Houston-based Cheniere Energy Inc reported an unexpected Q1 loss, but bumped its full-year profit forecast by 17% in its earnings release Wednesday, on the back of soaring LNG…
Norway Plans Record Gas Volumes For Europe
As Europe moves closer to a ban on Russian oil, the voices to replace Russian gas continue to grow louder, with Norway’s Gassco pipeline operator saying on Wednesday…
EU Oil And Gas Spending Has Added $50 Billion To Russia's War Chest
The European Union has paid some $50 billion for oil, gas, and coal imports from Russia since the country invaded Ukraine in late February, Standard Chartered said in…
U.S. Natural Gas Prices Hit A 13-Year High On Inventory Concerns
Natural gas prices in the U.S. continue to rally Wednesday, with futures soaring past $8 for gains of over 5% this morning, as inventory concerns mount ahead of…
India Wants To Buy Russian Oil, At Below $70 A Barrel
The world’s third-largest oil importer, India, is negotiating steep discounts for the Russian oil it is prepared to buy, asking for below $70 per barrel price to compensate…
World’s Top Oil Trader Ships First Russian ESPO Crude To UAE
Vitol Group, the world’s biggest independent oil trader, is shipping the first-ever cargo of Russia’s ESPO crude blend to the United Arab Emirates (UAE), Reuters
EU Policy Chiefs Warn Against Creating New LNG Dependence
The European Union is replacing one form of fossil fuel dependence with another, a group of former Brussels policy chiefs warned in a letter, cited
API Shows Large Crude Inventory Drawdown
The American Petroleum Institute (API) reported a larger-than-anticipated draw this week for crude oil of 3.479 million barrels, compared to analyst predictions of a 1.167 million barrel draw.…
