 |
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 | 2.582 | +0.004 | +0.16% |
|
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% |
India's Steel Industry Faces Challenges Despite Growing Demand
India's steel imports have surged,…
Geopolitics and Inflation Threaten to Derail Booming Stock Market
The S&P 500 reached record…
Saudi Aramco Seeks Investment Opportunities in New Energies Abroad
The world's largest oil producer…
News
The U.S. Is Racing To Reduce Its Rare Earths Dependence On China
The White House last month announced new efforts to develop the country’s rare earths supply chain. For years, the U.S. has discussed such efforts, aimed at…
Iran To Consult With Russian Officials Over Nuclear Deal
Iranian Foreign Minister Hossein Amir-Abdollahian will head to Moscow on March 15 for discussions on the Iran nuclear deal, the Iranian Foreign Ministry said. The announcement…
Boris Johnson Plans To Fly To Saudi Arabia For Oil Talks
Boris Johnson, the UK’s prime minister, is reportedly planning a trip to Riyadh to discuss a potential replacement of banned Russian oil. According to Sky News, the trip has…
Congress Calls For An End To Nuclear Talks After Iranian Missile Attack
A ballistic missile attack by the Iranian Revolutionary Guard Corps on a site in northern Iraq has prompted U.S. legislators to call on the White House to suspend talks with…
China To Expand Coal Use As It Prioritizes Energy Security
Despite pledges to contribute to global efforts of reducing emissions, China will continue to maximize the use of coal in coming years as it caters to its energy security, the…
U.S. Congress Passes Cyber Attacks Reporting Bill
The U.S. Senate passed on Thursday a cyber incident reporting bill requiring operators of critical infrastructure to report to the federal government incidents of hacks or ransomware payments. Earlier this…
Russia’s Huge Oil Tanker Fleet Struggles To Find Buyer Destinations
Several Russia-owned tankers have been idle at sea for more than a week along European and North American coasts as countries have either banned imports of Russian oil or Russian…
Libyan Oil Under Threat As Militias Amass In Tripoli
With all attention on the war in Ukraine, Libyan oil is once again coming under threat as the prospect of a renewed civil war intensifies amid the amassing…
U.S. LNG Export Boost To Europe Scrutinized By Environmentalists
A sharp increase in U.S. liquefied natural gas exports to alleviate a tight supply market in Europe has come under fire for its environmental effects. As a result, the boost…
Iran Nuclear Talks Paused
The talks about the United States and Iran returning to the 2015 nuclear deal that would allow the Islamic Republic to legitimately export its oil have been paused "due to…
Saudi Refinery Targeted With Drone Attack
An unnamed party attacked a Saudi refinery in Riyadh with a drone and caused a small fire, the Saudi energy ministry said, as quoted by Reuters. The attack was…
Big Oil Is Planning $38 Billion In Buybacks This Year
With WTI at over $107 per barrel, and Brent at $111, energy stocks are setting record highs and buybacks are in the air. Bloomberg
$4 Gasoline Could Lead To Demand Destruction In The U.S.
More than half of all Americans said they would change their driving habits or lifestyle if the cost of gasoline rose to $4 per gallon, new AAA survey data shows.…
Russia Will Have To Shut In Oil Production As Crude Becomes Too Toxic To Touch
Russia will have to shut in some of its oil production as it will not be able to sell all the volumes displaced from European markets to other…
Scotland: North Sea Oil Can’t Fill The Russian Supply Gap
North Sea oil and gas fields cannot in the short term fill the gap that Russia is leaving in the UK and global supply of crude, because expanding production would…
Is A U.S. Oil Export Ban “The Stupidest Thing You Could Ever Imagine”?
The idea to restrict or ban exports of U.S. crude oil and liquefied natural gas (LNG) is the “stupidest thing,” ConocoPhillips chief executive officer Ryan Lance said this week as…
Sky-High Steel Prices Leave China In A Precarious Position
The ongoing Russian-Ukraine conflict has impacted metal prices, including steel raw materials, and ferrous products prices. Metal prices, raw materials on the rise Iron…
Gold Climbs Above $2,000 As Ceasefire Talks Crumble
Gold resumed its charge this afternoon after the price faltered this morning on hopes of diplomatic progress between Russia and Ukraine. The price fell to $1972…
Volkswagen Chief: Ukraine War Could Be Worse Than COVID For Europe
Volkswagen CEO Herbert Diess told the FT in an interview published Thursday that a prolonged war in Ukraine would be "very risky" for…
Palladium Prices Are Soaring As Russian Sanctions Sting
The Russian invasion of Ukraine has yielded commodity price volatility spanning across sectors. Russia is a major producer of platinum and palladium. Palladium primarily goes toward…
