 |
Louisiana Light • 2 days | 73.63 | -1.24 | -1.66% | ||
|
Bonny Light • 2 days | 75.68 | -0.89 | -1.16% | ||
|
Opec Basket • 2 days | 76.55 | +1.08 | +1.43% | ||
|
Mars US • 1 hour | 70.42 | -1.17 | -1.63% | ||
|
Gasoline • 2 hours | 2.593 | -0.020 | -0.75% |
|
Bonny Light • 2 days | 75.68 | -0.89 | -1.16% | ||
|
Girassol • 2 days | 78.20 | -0.88 | -1.11% | ||
|
Opec Basket • 2 days | 76.55 | +1.08 | +1.43% |
|
Peace Sour • 17 hours | 65.54 | -1.24 | -1.86% | ||
|
Light Sour Blend • 17 hours | 66.84 | -1.24 | -1.82% | ||
|
Syncrude Sweet Premium • 17 hours | 75.79 | -1.24 | -1.61% | ||
|
Central Alberta • 17 hours | 65.14 | -1.24 | -1.87% |
|
Eagle Ford • 2 days | 67.77 | -1.24 | -1.80% | ||
|
Oklahoma Sweet • 2 days | 67.75 | -1.25 | -1.81% | ||
|
Kansas Common • 4 days | 62.00 | +0.00 | +0.00% | ||
|
Buena Vista • 8 days | 76.40 | +1.64 | +2.19% |
U.S. Drilling Activity Continues Its Slide
The total number of total…
The Single Most Important Factor For Oil Prices This Year
The Executive Director of the…
China Consolidates Grip On Key Oil Transit Routes
Through a number of energy…
News
A New Renewable Energy Source that Could Support Half a Billion People
With ever increasing energy prices, and the knowledge that oil and natural gas will one day run out, scientists and engineers are constantly trying to discover new, renewable sources of…
New Opinion Poll Shows 66% of Brits in Favour of Wind Energy
In direct response to National Opposition to Windfarms campaign, launched today, the wind trade body, RenewableUK released the results of a poll it commissioned to determine the public’s true feelings…
China Installs the World’s Largest Battery
China now has the world’s largest battery with a storage capacity of 36MWh to combat any intermittence produced by wind and solar power at an adjoining farm.Brain the…
Energy Market Snapshot for April 18 2012
Wednesday was a fairly placid day for the energy market, with minor gains being the main order of the day. The New York Mercantile Exchange crude future saw a small…
ExxonMobil and Rosneft to Develop Arctic Oil in $500 Billion Deal
On Monday, at the suburban residence of Russian Prime Minister Vladimir Putin, the chiefexecutives of the US and Russian oil giants, ExxonMobil and Rosneft, signed a deal to collaborate…
First Solar to Write off $150 Million as it Pulls Out of German Market
On Tuesday the Arizona based First Solar announced that it would stop all production at its German plant in Frankfurt and cut its global workforce by 30 percent, around 2000…
How Long until the Arctic Sea Ice Completely Melts?
Each year in March we experience the annual maximum in Arctic sea ice extent; within a month we will reach the annual maximum in Arctic sea ice volume; after that,…
How much Tax does Big Oil Actually Pay?
President Obama is intent on cutting the tax breaks that are handed out to the oil and gas majors. He has now made several attempts to pass a law in…
Argentina Seize YPF from Repsol as they look to Control Domestic Oil Sector
Back in 1999 the Spanish conglomerate Repsol SA completed a takeover of the Argentine energy firm YPF to form one of the largest petrochemical companies in the world. Repsol are…
EV's only as Clean as the Electricity that Drives them
Electric cars are the cleanest form of transport. Obviously more environmentally friendly than any petrol or diesel cars out there…that’s a given fact…isn’t it? Well not necessarily. According to a…
India Overtakes China as Largest Importer of Iranian Crude
India has finally overtaken China as the largest importer of Iranian oil during the first quarter of this year. They achieved this due to a surge in buying ahead of…
Energy Market Snapshot for April 13 2012
Friday the 13th's purported mojo seemed to have a very minor effect on the New York Mercantile Exchange, with miniscule losses across the board and a few gains.The…
How the U.S. Could Achieve Energy Independence
Oil and Gas veteran T. Boone Pickens believes that the US can achieve energy independence by following his ‘Pickens Plan’. His strategy calls for the widespread use of natural gas…
UK Look to Iceland's Geothermal Sector to Help Achieve Energy Security
Iceland boasts between 20 and 30 active volcanoes, and due to this abundant geothermal activity has a thriving geothermal energy sector. The UK is currently looking into the possibility of…
China Hopes for Progress in Talks between Iran and the UN Security Council
China’s official Xinhuanet news service is predicting that Iran will compromise with the 5 members of the UN Security Council plus Germany as they meet in Istanbul beginning on…
U.S. Clean Energy Investment Reached $48 Billion in 2011
According to a report from PEW Environment the United States attracted the most clean energy investment in the world in 2011. The US received $48 billion in venture capital, private…
Investment in Smart Grid Technology to Reach $46 Billion by 2015
A smart grid is a digitally enabled electrical grid that gathers, distributes, and acts on information about the behaviour of all connected entities in order to improve the efficiency, reliability,…
NYMEX Energy Snapshot for April 11 2012
Wednesday was a day of marginal changes for the NYMEX market, with exceptionally modest gains and losses being the general order of the day.The NYMEX Crude future made…
U.S. Firms Accused of Buying Natural Gas from Known Mexican Smugglers
For five years Pemex Exploracion y Produccion has accused US companies of enabling a black market in natural gas liquids to exist by knowingly buying stolen gas from Mexican bandits.…
Iran Continues to Cut its Oil Exports to European Countries
Iran used to count Britain, France, Spain, the Netherlands, Greece, Germany, Italy and Portugal amongst its European customers. However when the EU and US sanctions were announced back in January,…
