 |
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 • 181 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.573 | -0.005 | -0.18% |
|
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 • 8 hours | 72.20 | -2.93 | -3.90% | ||
|
Light Sour Blend • 8 hours | 75.25 | -2.93 | -3.75% | ||
|
Syncrude Sweet Premium • 8 hours | 82.20 | -2.93 | -3.44% | ||
|
Central Alberta • 8 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% |
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News
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The semi-autonomous Iraqi region of Kurdistan has the capacity now to make up for at least some of the shortfalls of oil in Europe if the federal Iraqi government supports…
Deadline For Rubles For Gas Scheme Approaches
Russian President Vladimir Putin has instructed Gazprom, the central bank of Russia, and the Russian government to come up with a report by the end of March on how to…
Vampire Kangaroo Takes Over Critical UK Gas Transmission Business
An Australian investment bank has bought a 60-percent stake in the gas transmission system of National Grid, a top UK electricity and gas utility. Macquarie, known as "the vampire kangaroo",…
Europe Scrambles To Accommodate LNG Import Surge
While Europe is set to import an increasing amount of liquefied natural gas (LNG) as part of its efforts to reduce reliance on Russian pipeline gas, the European market is…
China's Sinopec Bows Out Of Russian Petchem, Gas Projects
China's state-run oil refiner, Sinopec, has paused discussions with Russia about a petrochemical investment and a deal to market Russian gas in China, Reuters sources suggested on Friday. Reuters sources…
EU Intake Of Russian Gas Remains High Amid Lower Wind Output
While the European Union looks for ways to reduce its imports of Russian gas, flows via Ukraine remain high, at 109 million cu m daily amid lower wind energy output.…
Saudi Aramco Facility Fire ‘Under Control’
A fire that broke out as a result of a Houthi missile strike on a Saudi Aramco oil storage facility in Jeddah earlier today is now under control, according to…
Canada Plans Oil Export Ramp-Up
Canada plans to boost its crude oil exports as Western importers turn away from Russian crude. The country could increase oil exports by some 200,000 bpd from current rates, the…
Lithium Price Surge Jeopardizes Energy Transition Efforts
Soaring lithium prices are threatening energy transition efforts as EV battery makers will be forced to hike the prices for their products by as much as 25 percent, Morgan Stanley…
Russia Mulls Over Accepting Crypto For Oil Payments
Russia is considering digital currencies as one of its accepted means of payment for oil and gas, the BBC has reported, citing a Russian lawmaker. According to Pavel Zavalny,…
EU Leaders Scoff At Putin's Rubles-For-Gas Demand
Several leaders from European Union members have scoffed at Russia's demand that some "unfriendly" countries will be forced to pay for its natural gas and oil in rubles, saying the…
Germany’s Utilities: Gas Supply Will Worsen
The association of German utilities is calling on the federal government to create a system for early warning about a potential drop in gas supply, noting that there are…
UK And The U.S. Cooperate To Send More LNG To Europe
The United States and the United Kingdom have agreed to send more liquefied natural gas (LNG) cargoes from Baltimore to the UK and then on to Europe, the British Ambassador…
EU Assesses No-Russian-Gas Scenario For Next Winter
As part of drafting contingency plans to meet natural gas demand, the European Union is currently assessing all scenarios, including the possibility of a halt in Russian gas supply to…
Diesel Crisis In Europe Worsens As Austrian Energy Giant Limits Sales
Earlier this week, we quoted the heads of some of the world's biggest independent energy trades, who spoke at the FT Commodities Global Summit in Lausanne, Switzerland and unveiled a dire…
COVID Lockdowns In China Dampen Oil Demand Outlook
China is fighting the worst Covid outbreak since 2020, and analysts are considering a revision of their oil demand forecasts as refineries reduce run rates and lockdowns hurt consumption. According…
U.S. And Allies Discuss Additional Release From Oil Reserves
The United States is in talks with its allies about a potential additional coordinated release from strategic petroleum reserves in a bid to ease the market tightness following Russia’s invasion…
U.S. Gasoline Demand Bucks Seasonal Trend
Higher prices at the pump may have finally started to affect driver behavior in the United States, with Bloomberg reporting that an indicator of gasoline consumption remained flat last week…
CPC Pipeline Shutdown Could Last For Months
A consortium operating the pipeline that Kazakhstan uses to export the bulk of its oil has said the route may be largely unusable for up to two months because of infrastructure…
EU Considers $100 Billion Energy Relief Package For Companies
Europe faces an unprecedented energy crisis that requires extraordinary policy action, such as a possible 100 billion euro in relief funds to businesses hit the hardest by soaring energy prices. …
