 |
Louisiana Light • 3 days | 83.17 | +0.44 | +0.53% | ||
|
Bonny Light • 2 days | 83.46 | +0.46 | +0.55% | ||
|
Opec Basket • 3 days | 83.30 | +0.35 | +0.42% | ||
|
Mars US • 197 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 1 day | 2.574 | +0.036 | +1.43% |
|
Bonny Light • 2 days | 83.46 | +0.46 | +0.55% | ||
|
Girassol • 2 days | 84.84 | +0.60 | +0.71% | ||
|
Opec Basket • 3 days | 83.30 | +0.35 | +0.42% |
|
Peace Sour • 2 days | 71.94 | +0.58 | +0.81% | ||
|
Light Sour Blend • 2 days | 74.99 | +0.58 | +0.78% | ||
|
Syncrude Sweet Premium • 2 days | 81.94 | +0.58 | +0.71% | ||
|
Central Alberta • 2 days | 72.34 | +0.58 | +0.81% |
|
Eagle Ford • 3 days | 75.71 | +0.60 | +0.80% | ||
|
Oklahoma Sweet • 3 days | 75.75 | +0.75 | +1.00% | ||
|
Kansas Common • 3 days | 69.50 | +0.50 | +0.72% | ||
|
Buena Vista • 4 days | 83.26 | +0.61 | +0.74% |
Breaking News:
Two Sectors Driving the Future of Oil Demand
Oil demand is expected to…
Heatwaves Push Asia’s Spot LNG Prices To Highest Since January
Heat waves in some parts…
What Tesla’s Charging U-Turn Means for U.S. EV Adoption
Tesla's decision to cancel its…
News
Operations Resume at Libya’s Oil Facilities Amid Guards Protest
Flows of gas from Libya to Italy and production at Libya’s Wafa field resumed on Monday after being shut down last week by protesting Petroleum Facilities Guard (PFG) forces over…
Start-Up at BP’s West African LNG Export Project Slips Again to Q4
First LNG at BP’s delayed Greater Tortue Ahmeyim export project offshore Mauritania and Senegal is now expected for the fourth quarter of 2024, project partner Kosmos said on Monday in…
Sasol Earnings Slump on Weaker Oil and Petrochemical Prices
South Africa’s energy and chemicals firm Sasol booked a 34% decline in its core earnings for the second half of 2023 due to lower crude oil and petrochemicals prices. …
India Raises Its Long-Term Power Demand Forecast
India has raised by 5% its previous projection for peak electricity demand in the financial year 2031-2032, due to surging demand last year that outpaced the government’s forecasts, sources with…
Goldman Raises Forecast of Brent Oil Summer Price to $87
Faster-than-expected land inventory drawdowns due to seaborne trade disruptions from the Red Sea crisis have prompted Goldman Sachs to revise up its forecast for summer peak Brent Crude prices to…
Denmark Drops Probe Into Nord Stream Gas Pipeline Sabotage
Denmark is dropping the investigation over what it described as a “deliberate sabotage” of the Nord Stream gas pipelines in 2022, due to insufficient grounds to pursue a criminal case,…
U.S. Diesel Exports to Europe Slump as Distillate Markets Tighten
U.S. diesel exports to Europe have tumbled so far in February amid lower refinery output and tighter supplies in America, which have decreased arbitrage opportunities and further tightened European diesel…
Qatar Announces Another Major LNG Expansion Project
QatarEnergy, the state company of one of the world’s biggest LNG exporters, is adding another major LNG expansion project to its two ongoing projects, aiming to raise its total LNG…
U.S. Says Houthis Targeted and Missed a Tanker in the Gulf of Aden
The Yemeni Houthis fired a ballistic missile at a U.S.-flagged and operated tanker in the Gulf of Aden but missed, the U.S. Central Command has said. The Houthis also reported…
Texas Bitcoin Miners File Lawsuit Against Government Over Energy Data Collection
Bitcoin miners in Texas have filed a lawsuit accusing the Department of Energy of trying to collect data illegally after the department asked that they disclose their electricity consumption. The…
Argentina Oil Provinces Rebel Against Milei’s Austerity Plan
Argentina’s oil-producing provinces have threatened to cut off oil supply to the rest of the country if the government of Javier Milei goes through with plans to withhold billions in…
Exxon Mulls Sale of Vaca Muerta Shale Assets
ExxonMobil is considering a sale of its Vaca Muerta shale assets in Patagonia and has received several offers of holding already, anonymous Bloomberg sources revealed on Friday. The U.S. oil…
Native American Tribes Given Power To Halt Hydropower Projects
The Federal Energy Regulatory Commission (FERC) has granted Native American tribes more power to block hydropower projects on their lands if they oppose the plans. FERC has previously applied…
Iraq Reopens Refinery after a Decade-Long Shutdown
Iraq reopened on Friday its rehabilitated North Oil Refinery in Baiji, which had been inactive for more than 10 years and which brings OPEC’s second-largest crude producer closer to being…
Loophole Allowed Russia to Earn $1.2 Billion From Fuel Sales to the EU
An EU sanctions loophole that allows imports of Russian crude if it’s refined elsewhere made Russia an estimated $1.2 billion (1.1 billion euros) from sales of fuels in the European…
France Misses Its Renewables Capacity Installation Target
France missed its target of adding new solar and wind power capacity last year, despite adding more than 5 gigawatts (GW) to its renewable energy fleet, according to data from…
Qatar Teases Significant Oil and Gas Industry Announcement on Sunday
QatarEnergy, the state company of one of the world’s biggest LNG exporters, will make on Sunday a very important announcement that will be of importance to the industry, Reuters
Shell Earned $2.4 Billion From LNG Trading in Q4
Shell earned $2.4 billion from LNG trading in the fourth quarter amid strong demand for the fuel ahead of the winter, with LNG trades contributing to almost a third of…
Elliott Prepares Over $1 Billion to Invest in Metals Mining Assets
Elliott Investment Management is preparing to roll out a new company with an at least $1 billion war chest to invest in metals mining assets around the world, to take…
FERC to Decide on Venture Global Building Permit Extension by April
The Federal Energy Regulatory Commission will try to be quick in deciding whether to extend Venture Global’s permit to continue construction work on its already operating Calcasieu Pass LNG export…
