 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 2 days | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 12 mins | 2.767 | +0.033 | +1.21% |
|
Bonny Light • 2 days | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 2 days | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 15 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 15 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 15 hours | 86.01 | -0.55 | -0.64% | ||
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Central Alberta • 15 hours | 76.41 | -0.55 | -0.71% |
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Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
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Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 3 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 4 days | 87.02 | -0.29 | -0.33% |
Breaking News:
Geopolitical Tensions Fail to Spark Oil Price Surge
The fluctuating prices in response…
OPEC+ Can Stop An Oil Rally To $100
The OPEC+ group could influence…
Oil Price Volatility Soars Amid Geopolitical Uncertainty
Oil price volatility has climbed…
News
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China is currently constructing a total of 26 nuclear power units with a combined capacity of 30.3 gigawatts (GW), the highest in the world, according to a report by the…
Traders Bet on $100 Oil at Record Pace
Traders flocked to the crude oil options market last week, trading record numbers of call options that Brent would hit $100 per barrel in the coming months, data compiled by
Russia and China Evade Sanctions by Trading Copper Disguised as Scrap
Russia has been exporting newly-made copper rod to China disguised as copper scrap in recent months—a new trade avenue for the two regimes that has been evading Western sanctions on…
Japan Loads the World’s Biggest Nuclear Reactor With Fuel
Japan’s Tokyo Electric Power Co. has loaded its biggest nuclear power plant, Kashiwazaki Kariwa, with fuel for the first time since the Fukushima disaster, Bloomberg has reported. The move…
Goldman Sees Limited Upside for Oil Prices Despite Rising Geopolitical Risk
Goldman Sachs analysts have brushed off the latest events between Iran and Israel as a bullish factor for oil prices, citing potential hedging by producers. “Our commodities strategists do not…
Oil Prices Start the Week Lower Despite Iran Attack on Israel
Crude oil prices began trade today with a decline following Iran’s retaliatory strike on Israel that the latter said had only done limited damage. "An attack was largely priced in…
Chevron-Hess Tie Up Could Drag Until Next Year Courtesy of Exxon
Chevron’s acquisition of Guyana superstar Hess could be delayed until next year thanks to Exxon Mobil’s arbitration case, Hess said in a Friday securities filing. Hess said in the filing…
South Africa Seeks $21 Billion Funding for Major Grid Expansion
Eskom, the state-owned utility of South Africa, is holding talks with the government on ways to attract public and private financing of the equivalent of $21 billion for a major…
Europe’s Sustainable Fund Flows Grow as U.S. ESG Market Shrinks
Investor appetite for ESG funds and other sustainable investments remains steady in Europe, in stark contrast with the United States, where the ESG backlash has had investors pull billions of…
China’s Crude Oil Imports Dropped by 6% Year-Over-Year in March
Chinese imports of crude oil fell in March by 6% compared to the same month last year as first-quarter crude imports were stable year-over-year amid high volumes of Russian crude…
IEA: Drone Attacks on Russian Refineries Could Upset Global Fuel Markets
The drone attacks from Ukraine on Russian refineries could disrupt fuel markets globally, the International Energy Agency (IEA) said on Friday, estimating that up to 600,000 barrels per day (bpd)…
ADNOC Considered Buying Oil Giant BP
Abu Dhabi National Oil Company (ADNOC) has recently weighed buying BP, but talks didn’t go far and ultimately the state firm of the United Arab Emirates decided not to pursue…
China Moves to Stabilize Long-Term Coal Supply and Prices
China’s top economic planning body has finalized plans to create a reserve system for coal production by 2027 to avoid new shortages and ensure stable supply and prices. …
Oil Prices Set for a Weekly Loss Due to Fears Interest Rates Will Remain High
After a string of gains, crude oil prices are set to end this week with a loss on worry that interest rates in key markets will remain high, dampening demand…
Secret Meeting Between Venezuela and the U.S. as Oil Sanctions Loom
U.S. and Venezuelan government officials met secretly this week ahead of the expiry of oil sanction relief next week. The meeting, in Mexico City, discussed the possibility of reforms in…
Iran Will Seek to Avoid Escalation With Israel
Iran will respond to the Israeli attack on its consulate in Damascus in such a way as not to escalate the situation in the Middle East. This is the message…
Orlen Trading Switzerland Investigated for Possible Sanctions Breach
Polish special services are currently investigating whether Orlen Trading Switzerland, a subsidiary of Polish refiner Orlen (PKN.WA), may have violated sanctions regarding the import of oil from Russia or Iran,…
European Gas Prices Soar As Russian Retribution Puts Kyiv in the Dark
European natural gas prices popped on Thursday amid Russia’s intensification of attacks on Ukrainian energy infrastructure, with Russia claiming to have destroyed Kyiv’s biggest power plant in an overnight missile…
Iran Strike Threat Hangs Over Inflation-Focused Oil Markets
German airline Lufthansa canceled flights to Tehran, and Russia advised its citizens not to travel to the Middle East on Thursday as Israel prepares for what it sees as an…
Texas Natural Gas Prices Are Negative As Drillers Chase Oil Sales
Natural gas prices at the Waha hub in the Permian basin in Texas slumped to a negative value of -$2.00 per million British thermal units (MMBtu) this week as the…
