 |
Louisiana Light • 4 days | 82.73 | -0.91 | -1.09% | ||
|
Bonny Light • 4 days | 86.67 | -1.02 | -1.16% | ||
|
Opec Basket • 4 days | 85.31 | +0.84 | +0.99% | ||
|
Mars US • 2 hours | 75.30 | -1.78 | -2.31% | ||
|
Gasoline • 37 mins | 2.506 | +0.007 | +0.28% |
|
Bonny Light • 4 days | 86.67 | -1.02 | -1.16% | ||
|
Girassol • 4 days | 86.10 | -0.85 | -0.98% | ||
|
Opec Basket • 4 days | 85.31 | +0.84 | +0.99% |
|
Peace Sour • 18 hours | 73.93 | -1.33 | -1.77% | ||
|
Light Sour Blend • 18 hours | 75.23 | -1.33 | -1.74% | ||
|
Syncrude Sweet Premium • 18 hours | 84.18 | -1.33 | -1.56% | ||
|
Central Alberta • 18 hours | 73.53 | -1.33 | -1.78% |
|
Eagle Ford • 4 days | 76.16 | -0.65 | -0.85% | ||
|
Oklahoma Sweet • 4 days | 76.25 | -1.25 | -1.61% | ||
|
Kansas Common • 5 days | 71.25 | +0.75 | +1.06% | ||
|
Buena Vista • 4 days | 83.09 | -1.33 | -1.58% |
Breaking News:
EU And G7 Discuss Russian Oil Product Price Caps
After taking on the crude…
Azerbaijan Signs String Of Green Power Deals With International Investors
Azerbaijan has ambitious plans to…
The Push To Modernize Power Grids Is Fueling Demand For A Key Metal
Grain-oriented electrical steel plays an…
News
Energy Crisis in the Gaza Strip Threatens Hospitals
The Gaza Strip is in the middle of an energy crisis that is close to developing into a full blown humanitarian crisis as their only power plant was forced to…
Middle East to Spend 180 Billion Dollars on New Energy Projects
A new report by the market researchers Venture Middle East has announced that the Middle East is due to spend a combined $180 billion on new water and power projects…
UK's Nuclear Sector Set to Expand Following New Energy Pact with France
On Friday the British Prime Minister David Cameron signed a new energy pact with French President Nicolas Sarkozy that will lead to the construction of more nuclear power plants in…
Keystone XL Likely to be Reviewed After US Presidential Elections
In January President Barack Obama delayed any decisions on the Keystone XL Pipeline, citing that he needed more time to assess the environmental impacts. He has not rejected the pipeline,…
Australia Look to Free Market Economics for their Energy Security
The general energy objective in the US is to achieve energy independence, because they believe it will ensure energy security. In Obamas State of the Union speech he proclaimed that…
No Peak Oil - Why Then is Saudi Aramco Opening Old Wells for Heavy Crude?
Following the Iranian Revolution in 1979 demand of oil from Saudi Arabia fell from ten million barrels per day (bpd) to three million bpd. As a result of the reduced…
Should the UK Help Ban Canada’s Tar Sands from Europe?
The EU is currently discussing a Fuel Quality Directive, which will designate Canada’s tar sands as 22% more polluting than conventional fuels and effectively ban any fuel derived from them…
US Pleas for Asia to Cut Iranian Oil Imports Fall on Deaf Ears
Last year China, India, Japan, and South Korea accounted for 60 percent of Iran’s total oil exports, providing the country with $100 billion of revenue. As the EU oil sanctions…
Bill Gates and Richard Branson Back Geoengineering to Counter Climate Change
Climate change is real. Few doubt that now. Governments try to impose, rather weak, legislation to combat climate change such as imposing reductions in carbon emissions, but in truth nothing…
Eni Announce Another Huge Gas Discovery off the Coast of Mozambique
Eni SpA, Italy’s largest oil company, owns 70% of Mozambique’s offshore Area 4, a large area off the East coast of Africa where last year they discovered a huge natural…
Iran Choose to Cut Oil Exports to the EU Before Sanctions Take Effect
Last year Europe imported nearly 600,000 barrels of Iranian crude per day, accounting for 24% of Iran’s total oil exports. The majority of this crude was bought by Greece, Italy,…
STX Group Hope to Profit from the West's Largest Oil Discovery in Three Decades
South Korea’s STX Group is looking to sell its 51% stake in STX OSV, the world’s biggest producer of oil-rig support vessels, in an attempt to raise capital to repay…
Blame to Spare on Tar Sands Debate
Environmental groups in Maine have decided that tar sands oil from western Canada wasn't their cup of tea even though the pipeline company behind the scenes said it really wasn't…
Lack of Power Lines Prevents New Offshore Wind Farms in Germany
The German government plans to increase the share of its energy produced from renewable sources from the current level of 20 percent to 35 percent by 2020. A large portion…
Dominican Republic Turns to Gazprom for Help on Energy Strategy
Last week the Russian energy giant, Gazprom, sent a delegation to the Dominican Republic following an invitation to perform geological surveys and help in the development of electrical power projects.…
New Power Source Discovered for Nanotechnology
On a recent sabbatical, Associate Professor Dr. Kourosh Kalantar-zadeh, from the School of Electrical and Computer Engineering at RMIT University in Melbourne, travelled to Cambridge in order to work with…
Approval Granted for First U.S. Nuclear Power Plant Since 1978
On Thursday the Nuclear Regulatory Commission approved the first nuclear power plant in the US since the Three Mile Island accident in Pennsylvania back in 1979. The Southern Co. based…
Why Large Banks Shouldn't be Broken Up
The logic of cutting down huge institutions could mean splitting the largest ones into several pieces. Yet banks do not always come in easily divisible parts. Such a move could…
Many Fear New Government Reforms will Destroy the UK Solar Industry
Young industries such as the renewable energy sectors rely heavily on government funding and incentives to help them achieve a level of competition with the well-established industries out there. The…
Crude Oil Analysis for the Week of February 13, 2012
The lack of follow-through to the downside led to a fast turnaround in April Crude Oil last week. Although the market closed higher for the week, it remained inside of…
ADVERTISEMENT
