 |
Louisiana Light • 2 days | 83.47 | +0.70 | +0.85% | ||
|
Bonny Light • 22 hours | 84.42 | +0.04 | +0.05% | ||
|
Opec Basket • 2 days | 83.60 | +0.00 | +0.00% | ||
|
Mars US • 188 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 17 mins | 2.552 | +0.010 | +0.39% |
|
Bonny Light • 22 hours | 84.42 | +0.04 | +0.05% | ||
|
Girassol • 22 hours | 85.30 | +0.06 | +0.07% | ||
|
Opec Basket • 2 days | 83.60 | +0.00 | +0.00% |
|
Peace Sour • 21 hours | 72.19 | +0.61 | +0.85% | ||
|
Light Sour Blend • 21 hours | 75.24 | +0.61 | +0.82% | ||
|
Syncrude Sweet Premium • 21 hours | 82.19 | +0.61 | +0.75% | ||
|
Central Alberta • 21 hours | 72.59 | +0.61 | +0.85% |
|
Eagle Ford • 2 days | 75.47 | +0.61 | +0.81% | ||
|
Oklahoma Sweet • 2 days | 75.50 | +0.50 | +0.67% | ||
|
Kansas Common • 22 hours | 69.50 | +0.25 | +0.36% | ||
|
Buena Vista • 2 days | 83.50 | +0.40 | +0.48% |
Automotive Industry Grapples with Plummeting Resale Values of EVs
European automakers are struggling with…
Is China’s Oil Demand Set For A Major Bounce Back?
This robust performance across several…
Developing Nations Look to Balance Oil and Gas Opportunity with Climate Concerns
The development of new oil…
News
Shell To Cut UK Jobs As Part Of Global Workforce Reduction
Shell will be cutting 330 jobs from its North Sea operations, mostly office jobs based in Aberdeen, the supermajor said on Tuesday, as carried by the BBC. The Aberdeen…
EIA: U.S. Natural Gas Reserves Slip Amid Low Prices
Natural gas reserves in the United States fell by 2 percent in 2019 due to low prices, the Energy Information Administration said in an update on the country’s oil…
IMF Approves Loan To Struggling OPEC Producer Angola
Africa’s second-largest oil exporter Angola has received approval from the International Monetary Fund for a disbursement of over $480 million under a $3.7-billion loan agreement as it continues to struggle…
Tesla's $25,000 Car May Hit The Market Sooner Than Planned
Tesla may be closer to producing the US$25,000 electric vehicle sooner than the market thought, according to media reports. At Tesla's Battery Day in September 2020, Elon Musk said that…
HSBC Shareholders Urge Bank To Cut Fossil Fuel Funding
Some of the largest institutional shareholders of HSBC have filed a climate resolution, urging Europe’s biggest bank to announce a strategy to reduce its exposure to lending money to…
Scientists 'Microwave' Coal Into Graphite
An international team of researchers demonstrated that pulverized coal powder can be converted into…
US Marks Houthi Rebels As Terrorists After Attacks On Oil Assets In Middle East
The United States is designating the Iran-aligned Houthi rebels in Yemen as a foreign terrorist organization, U.S. Secretary of State Mike Pompeo said on Sunday, after the Houthis are…
Iran: Foreign Oil Firms Must Accept New Terms To Work In Country
Foreign energy firms and contractors have to accept Iran’s new terms and conditions if they return to work in the country, Iran’s Oil Minister Bijan Zanganeh said on Monday. “If…
EV Maker Nio Partners With Nvidia To Create Self-Driving 'Supercomputers'
The self-driving EV race is officially on. And as competition begins to pop up globally, joint ventures and partnerships are being struck almost daily as players from tech and legacy automotive rush…
Saudi Crown Prince Announces Zero Carbon Smart City
A zero-carbon city will be built on the site of the Neom smart city project, Crown Prince Mohammed bin Salman said on Sunday, as quoted by Reuters. The city,…
Gas Prices In Spain Skyrocket Amid Cold Snap
A cold snap across Spain is expected to last through mid-January has resulted in natural gas prices more than doubling in the last week, according to
North Dakota To Pay Off Infrastructure Bonds With Oil Money
The Republican legislators in North Dakota proposed a new $1.1 billion bonding package for infrastructure projects, planning to use proceeds from oil and gas to pay off part of the…
U.S. Natural Gas Prices Hit Lowest In Decades In 2020
Milder weather and decreased demand resulted in U.S. natural gas spot prices averaging in 2020 the lowest in decades, since at least 1997, data from the Energy Information Administration (EIA)…
Apple's EV Partner Still Unknown Despite Hyundai Partnership Rumors
After Hyundai shares rose nearly 19% overseas on the heels of news that the automaker had reportedly been in talks with Apple about producing a self-driving vehicle, the company issued…
Norway’s Oil Lobby Criticizes Government Plan To Triple Carbon Tax
The Norwegian Oil and Gas Association, the powerful oil lobby in Western Europe’s largest oil producer, criticized on Friday the Government’s plan to more than triple carbon taxes, saying…
New Lockdowns Dash Hopes Of A Rapid Oil Demand Recovery In Europe
Extended lockdowns in response to the continuing surge in Covid-19 infections in Europe has quashed hopes that fuel demand on the continent could rebound in the first half…
Petrobras Oil Output Hits Record In 2020
Crude oil output from fields operated by Brazil's state energy major Petrobras hit a record last year despite the pandemic, at an average 2.3 million bpd, Bloomberg reported, comparing…
Saudi Surprise Cut Continues To Lift Oil Prices
Oil prices remained elevated and were still on the rise on Thursday, hitting an 11-month high, as the effects of Saudi Arabia’s surprise announcement about an additional million barrels of…
Floating Oil Storage Shrinks Amid Robust Asian Demand
Global floating oil storage declined at a fast pace in December as traders sold crude held on tankers in the absence of price incentives to store it and in order…
Alaska Arctic Refuge Oil Lease Sale Ends In Flop
Major oil corporations steered clear of the first oil and gas lease sale in the Arctic National Wildlife Refuge (ANWR) in Alaska, which the Trump Administration opened for drilling and…
