 |
Louisiana Light • 1 day | 80.56 | +0.97 | +1.22% | ||
|
Bonny Light • 1 day | 81.80 | +0.14 | +0.17% | ||
|
Opec Basket • 1 day | 83.89 | +0.49 | +0.59% | ||
|
Mars US • 27 days | 79.71 | -2.05 | -2.51% | ||
|
Gasoline • 24 mins | 2.214 | -0.069 | -3.04% |
|
Bonny Light • 1 day | 81.80 | +0.14 | +0.17% | ||
|
Girassol • 1 day | 82.56 | +0.13 | +0.16% | ||
|
Opec Basket • 1 day | 83.89 | +0.49 | +0.59% |
|
Peace Sour • 11 hours | 61.61 | +1.45 | +2.41% | ||
|
Light Sour Blend • 11 hours | 65.46 | +1.45 | +2.27% | ||
|
Syncrude Sweet Premium • 11 hours | 70.06 | +1.45 | +2.11% | ||
|
Central Alberta • 11 hours | 63.61 | +1.45 | +2.33% |
|
Eagle Ford • 1 day | 74.34 | +1.45 | +1.99% | ||
|
Oklahoma Sweet • 1 day | 74.00 | +1.25 | +1.72% | ||
|
Kansas Common • 3 days | 65.00 | -0.75 | -1.14% | ||
|
Buena Vista • 3 days | 80.98 | -0.43 | -0.53% |
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News
Venezuela Set to Approve Shell-Trinidad Offshore Natural Gas Project
Venezuela is nearing a decision to approve a license for Shell and the National Gas Company of Trinidad and Tobago (NGC) to export natural gas to Trinidad from…
Chinese Energy Firms Plan One of the World’s Biggest Renewables Projects
Chinese power and energy investment companies plan to build one of the world’s single biggest renewable projects with 11 gigawatts (GW) of total capacity. China Longyuan Power Group…
Saudi Arabia Makes Two Natural Gas Discoveries
Saudi Arabia has struck gas at two fields in the Empty Quarter, Reuters reported, citing a statement from the Saudi energy ministry. "Natural gas was…
China Starts Building Oil Inventories Again
Chinese refiners switched from drawing to building oil inventories again in October, at a rate of over half a million barrels daily. That’s according to calculations made…
OPEC Said To Consider Additional 1 Million Bpd Output Cut
Two days ago, JPMorgan’s head of energy strategy Christyan Malek warned that amid the recent plunge in oil prices, driven as much by shorting CTAs (who today are in full-blown…
Russia Removes Gasoline Export Ban As Domestic Market Stabilizes
Russia has lifted its gasoline export implemented in mid-September, citing a supply surplus of some 2 million metric tons, Reuters reports. The lifting of the export restrictions follow a…
Oil Gains Over 4% Likely On Profit-Taking, Short Covering
While fundamentals took over from the war-risk premium this week, pummeling oil prices, Brent crude was gaining over 4% by midday Friday, but analysts told Bloomberg that there is little…
Goldman Sachs Sees OPEC Keeping Oil In $80-$100 Price Range
Goldman Sachs expects OPEC to not let oil prices slide too much below $80 per barrel next year and use its pricing power to keep them in the $80-$100 range,…
BP Weighs Team-Ups, Anchor Investments To Cut Renewables Costs
BP is exploring ways to reduce soaring costs in the renewables sector by considering potential investments in the supply chain and development partnerships, the supermajor’s renewables business chief has told
UK’s Octopus Energy Launches $3.7 Billion Offshore Wind Fund
UK’s Octopus Energy is launching a $3.7-billion (£3 billion) offshore wind fund in cooperation with Japan’s Tokyo Gas as part of an ambition to invest in projects in…
Campaigners Urge Lenders to Halt Funding for Total’s Mozambique LNG Project
Environmental campaigners have urged banks to withdraw financing and guarantees for the $20-billion Mozambique LNG project led by supermajor TotalEnergies, claiming that the plant’s construction and operation would…
Climate Concerns Haven’t Crippled Big Oil Funding
The global push for decarbonization hasn’t impacted either the access to external capital or the cost of capital for oil and gas companies, S&P Global Ratings and S&P…
Chevron Expands Venezuela Oil Swap Deal as Sanctions Ease
Following the U.S. sanctions relief on Venezuela’s oil industry, supermajor Chevron has started to supply Venezuelan state oil firm PDVSA with fuels in an expansion of an oil…
Communications Blackout in Gaza as Fuel Runs Out
Telecommunications in the Gaza Strip went down on Thursday as the area ran out of fuel for backup generators, mobile communications operators and Internet service providers said
Panama Canal Restrictions Add to U.S. LNG Price Tag
Restrictions on shipping via the Panama Canal due to drought have made the transportation of U.S. LNG to Asia more expensive, widening the gap between Asian and European…
Economic Concerns Put Oil Prices on Track for a Fourth Consecutive Weekly Loss
Crude oil prices are headed for their fourth consecutive losing week after slumping by some 5% on Thursday to the lowest in four months. The reason for the…
Marathon Restarts Refinery Shut Down by Fire
Marathon Petroleum this week restarted a rebuilt reformer at its Galveston Bay refinery, which was shut down by a fire that killed one employee and…
Nigeria Lays Corruption Case To Rest In Win For Eni
Italian energy giant Eni has won another victory in allegations of oilfield deal corruption in Nigeria, with the Nigerian Justice Ministry moving on Thursday to withdraw $1.1 billion in civil…
UK Household Energy Bills Could Rise By 5% From January
Households in the UK could see their energy bills increase by 5% from January 2024 when the energy markets regulator Ofgem is expected to raise the so-called energy price cap,…
Sweden Eyes Nuclear Power Buildout For Low-Carbon Energy Security
Sweden will build two new nuclear reactors by 2035 in a hedge on low-carbon energy security, with 10 new reactors hoped for by 2045. On Thursday, the Swedish government took…
