 |
Louisiana Light • 3 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 183 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 1 day | 2.555 | -0.041 | -1.59% |
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 2 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 2 days | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 2 days | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 2 days | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 2 days | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 3 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 3 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 5 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 6 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Clean Energy Sector Ignoring Growing Cybersecurity Threat, Experts Warn
The United States faces an…
China-Kazakhstan Trade Hits Record High
Kazakhstan is experiencing a surge…
Azerbaijan Feels the Heat as U.S. House Considers Sanctions
Azerbaijan faces potential sanctions from…
News
Energy Prices Rose 59% In 2021
Energy prices at the end of 2021 were 59% higher than they were at the beginning of the year, according to a new report by the Energy Information Administration (EIA).…
Norway Arctic Oil Drilling Ends Up In European Human Rights Court
The years-long battle of climate activists to have Norway stop drilling for oil in the Arctic is now at the European Court of Human Rights (ECtHR), which has requested…
Austria, Germany Slam EU For Labeling Nuclear Power, Natural Gas As Sustainable
The European Commission began this weekend expert consultations over whether nuclear power and some natural gas projects can be considered “sustainable” investments, receiving immediate backlash over “green nuclear” from…
Ex Algerian Energy Minister: OPEC+ Will Not Allow Oil Price To Crash
OPEC+ will not allow another collapse in oil prices such as the one we saw in the spring of 2020, Abdelmadjid Attar, former Algerian energy minister who has taken part…
India’s Diesel Demand Yet To Reach Pre-Covid Levels
India’s demand for diesel, the most used fuel in the world’s third-largest crude oil importer, rose in December 2021 from a month earlier but was still 2 percent lower than…
Libya Oil Output Falls By 200,000 Bpd
Libyan oil production will be reduced by another 200,000 bpd this week because of urgent repairs on a pipeline, the Libyan National Oil Corporation said this weekend. The news…
Guyana Votes To Set Up Oil Wealth Fund
The Parliament of Guyana, where more than 10 billion barrels of oil equivalents have been discovered over the past half-decade, voted this week to amend its Natural Resource Fund…
China Mandates State Companies To Reduce Energy Consumption
Chinese authorities have asked that state companies reduce their energy consumption and carbon dioxide emissions by 2025 compared to 2020 levels as part of China’s plan to have its CO2…
Indian State Oil Giant To Significantly Expand Oil Exploration
Indian state firm Oil and Natural Gas Corporation (ONGC) plans to raise fourfold its exploration and production acreage by 2025, India’s petroleum minister said on Thursday, as the world’s third-biggest…
Saudi Arabia May Cut Oil Prices For Asia
Saudi Arabia could cut the official selling price for oil to Asian buyers in February after raising them substantially this month. According to a Reuters report citing industry insiders…
Mexico To End Oil Exports In 2023
Mexico will suspend crude oil exports in two years in a bid to focus on domestic self-sufficiency, Bloomberg has reported. The move is part of President Andres Manuel Lopez…
Oil Prices Hold Gains Following Crude Inventory Draw
This week, the American Petroleum Institute (API) estimated the inventory draw for crude oil to be 3.09 million barrels. U.S. crude inventories have shed some 68 million barrels since the…
Global Steel Prices Are Cooling Off As Production Declines
Steel prices continue to cool heading toward the year’s end, MetalMiner Insights data indicate; meanwhile, global crude steel production continued to decline in…
U.S. Natural Gas Rise As Colder Weather Rushes In
U.S. natural gas futures rose this week as colder weather with snow came into parts of the country. Although substantially lower than Asian or European gas prices, U.S. January futures…
China Oil Demand Seen Peaking In 2030
Crude oil demand in China is set to peak in 2030, until then driven by robust petrochemicals demand, research from state oil giant CNPC has suggested. This is a revision…
Japan To Sell Crude Oil From State Reserves In February
Japan plans to auction in February 629,000 barrels of crude oil from its national reserves as part of a U.S.-led global effort by oil-consuming nations to lower prices. Japan’s…
Iran Wants Sanctions Lifted on Oil Exports In Nuclear Talks
Iran will prioritize an agreement to be able to legitimately return to exporting its oil during the new round of nuclear talks that began in Vienna today. “The most important…
Russia’s Extra Gas Flows To Europe Remain Low For A Week
Russia’s Gazprom hasn’t booked transit capacity for Monday for natural gas exports via a key pipeline route to Germany, which was sending gas eastwards for a sixth consecutive day. Gazprom…
Europe Faces Rolling Blackouts Amid Energy Crisis
Europe's energy crisis worsened this week when Kosovo introduced rolling blackouts to most of its two million citizens, according to Bloomberg. On Thursday, the Kosovo Energy Distribution…
Fire Injures Four At Exxon Refinery
A fire broke out early today at the Baytown refinery operated by Exxon, injuring four people. Law enforcement has called the fire a major industrial incident, the Wall Street Journal…
