 |
Louisiana Light • 2 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 2 days | 84.86 | -0.57 | -0.67% | ||
|
Opec Basket • 2 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 182 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 2 hours | 2.555 | -0.041 | -1.59% |
|
Bonny Light • 2 days | 84.86 | -0.57 | -0.67% | ||
|
Girassol • 2 days | 85.78 | -0.59 | -0.68% | ||
|
Opec Basket • 2 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 17 hours | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 17 hours | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 17 hours | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 17 hours | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 2 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 4 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 5 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Sinopec Challenges India's Energy Influence with New Sri Lanka Refinery
The refinery project in Sri…
UK Manufacturing Sector Hit by Weak Demand and Red Sea Crisis
UK manufacturing has slipped back…
Turkmenistan Tops Russia in Gas Export Earnings to China
Turkmenistan's natural gas exports to…
News
Tanker Rates On Russian Crude Routes Triple
Amid a general unwillingness of tanker owners to send their vessels to Russian ports, the freight rates for a medium-sized tanker to load Russian crude jumped nearly threefold on Thursday…
Europe Rushes To Buy Russian Gas As Spot Prices Skyrocket
European commodity traders are scrambling to get as much Russian gas as they can under long-term contracts after spot market prices soared 60 percent in the wake of the Russian…
Renewables Stocks Spike On Fears Of War-Provoked Energy Shortage
Russia’s brutal invasion of Ukraine on Thursday not only pushed oil prices over $100 in the afternoon, but also led to a spike in renewable energy stocks, bolstered…
Tanker Owners Are Turning Their Backs On Russian Oil
Owners of tankers have become reluctant to offer their vessels to load crude from Russia for fear that their future cargo could be breaching potential sanctions if the West decides…
UK Targets Russian Oligarchs With Heavy Hitting Sanctions
Ukraine has now lost control of its Chernobyl plant to the Russians, and the first Ukrainian refugees have arrived in neighboring Poland, as…
Asian Buyers Fear That Sanctions On Russia Could Complicate Oil Trade
Oil traders in Asia—except in China—are alarmed that they could soon struggle to procure enough crude if the West imposes sanctions on Russian oil trade or cuts Russia from the…
European Natural Gas Prices Skyrocket 60% As Russia Threatens To Cut Supply
Conflict in Ukraine continues to send European energy prices higher Thursday morning. Dutch TTF Gas Futures are up a staggering 60%, the most since 2005, in their fourth consecutive daily…
Global Equities Crash After Russian Invasion Of Ukraine
Russia’s invasion of Ukraine rattled global equity markets, all of which fell after Russian troops moved into Ukraine by land and sea. The Dow Jones index opened 800 points lower…
Saudi Sovereign Wealth Fund Considers Sale Of $90 Billion Aramco Stake
Saudi Arabia’s sovereign wealth fund is reportedly looking into ways to monetise its around $90 billion (£66.7 billion) stake in Aramco, the world’s largest oil company.
Electric Vehicle Charging Prices Are Expected To Soar In Germany
It looks as though living the alternative energy EV dream is coming with higher costs...at least, that's what's being reported on the ground in Munich. Germany's…
USPS Replaces Fleet With Gasoline Vehicles Despite Biden EV Plan
The U.S. Postal Service is proceeding with plans to spend $11.3 billion on new trucks, most of which will be gasoline-powered vehicles, despite a request from the Biden Administration…
More Drilling In North Sea Won’t Cap Energy Prices
More drilling for oil and gas in the North Sea is unlikely to reverse the energy price climb that has created hundreds of thousands of new energy poor in the…
Commodity Prices Are Soaring As Russia Ramps Up Attacks On Ukraine
Commodities such as aluminum, nickel, and zinc have boomed following Russia’s invasion of Ukraine, which has exacerbated long-standing fears of supply shortages and rising energy costs.
Moldova Closes Airspace, Prepares To Declare State Of Emergency
Moldova has announced it was closing its airspace because of the war in neighboring Ukraine, shortly after President Maia Sandu said Chisinau would introduce a state of emergency…
Oil Buyers Struggle To Finance Russian Crude Following Ukraine Invasion
Three buyers of Russian crude oil have been unable to open letters of credit from Western banks to cover their purchases, four Reuters trading sources said on Thursday following the…
EU Proposes New Law To Make Sure Suppliers Comply With ESG Standards
The European Commission, the legislative branch of the European Union, proposed on Wednesday a new directive to have the largest firms operating in the bloc check their supply chains…
API Reports First Crude Build In Five Weeks
The American Petroleum Institute (API) estimated the inventory build this week for crude oil to be 5.983 million barrels after analysts predicted a build of 767,000 barrels. U.S. crude…
Vietnam Grapples With Fuel Shortages
Vietnam has been grappling with gasoline and diesel shortages for weeks after its main refinery cut production last month and forced the Southeast Asian nation to tap its strategic national…
China’s Crackdown On Speculative Trading Could Impact A Key Metal Market
The price decline of iron ore appears short-lived as the Chinese government cracks down on speculative trading. This has led many market analysts to forecast a rise in…
Rio Tinto Faces Headwinds Despite Record-Breaking Profits
Rio Tinto has paid out a monster $16.8bn (£12.4bn) dividend to shareholders, the second biggest in the history of the FTSE 100, after it rebounded from the pandemic…
