 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 30 mins | 2.745 | +0.011 | +0.39% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 23 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 23 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 23 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 23 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Armenia and Azerbaijan Engulfed in Legal Disputes at the Hague
Armenia and Azerbaijan continue their…
Gold Surges Past S&P 500 in Five-Year Growth
Gold has outperformed the S&P…
Semiconductor Supply Chain Remains Secure Despite Taiwan Earthquake
An earthquake in Taiwan caused…
News
Stanford University To Divest From Coal
In the biggest achievement yet for the fledgling fossil fuel divestment campaign, Stanford University pledged on May 6 to divest its $18.7 billion endowment of coal mining assets. The…
Fuel Crunch In Florida As Hurricane Season Approaches
Florida, the third largest consumer of gasoline behind California and Texas and the largest consumer on the U.S. East Coast, is experiencing tight supplies of gasoline due to high demand…
New U.S. Report Says Climate Change Already Having Impact
The U.S. Global Change Research Program released a landmark report on climate change on May 6, put together by over 300 experts across multiple government agencies. The National Climate Assessment…
U.S. Asks Business Leaders To Boycott Russian Meeting
The White House is discouraging business leaders from attending an economic summit in Russia later this month. The St. Petersburg International Economic Forum runs from May 22-24, and U.S.…
China Sends Oil Rig To Disputed Waters
Over the weekend of May 3 and 4, China sent an oil rig into disputed waters of the South China Sea to begin oil exploration. The rig is near…
U.S. Congress Could Soon Vote To Approve Keystone XL
A bipartisan coalition of U.S. senators is trying to rally support for a bill that would bypass the White House and green light the controversial Keystone XL pipeline project.
Investors Hold Positions In Coal Plants
Investors have not yet abandoned coal-fired power plants despite new environmental regulations and a series of legal setbacks, according to Bloomberg BNA. Instead, they appear confident that coal utilities…
Russian Pressure Has Slovakia Hesitating To Help Ukraine
In late April, Slovakia signed an agreement with Ukraine to reverse the flow of natural gas, allowing Ukraine to receive gas shipments in the event that Russia decides to…
U.S. Announces First Superstorm-Related Oil Reserve
The U.S. Department of Energy announced on May 2 that it plans to build an oil storage facility in the northeast to prepare for future emergencies. The storage reserve…
Oil Price Slide Comes To A Halt Amid Jobs Data, Ukraine Tension
Prices for WTI and Brent oil reversed declines as positive employment numbers and geopolitical tension put upward pressure on prices. For June delivery, WTI was up 10 cents per…
Greenpeace Activists Detained, Arctic Oil Delivered
In Rotterdam on April 1, Dutch police raided a Greenpeace ship intended to block the delivery of oil coming from the Russian Arctic. The tanker was set to deliver…
Oil Train Derails, Explodes In Virginia
A train carrying crude oil derailed in downtown Lynchburg, Virginia, population 77,000, triggering a huge blaze and spilling thousands of gallons of oil. Between 12 and 14…
Bill To Speed Up Approval Of U.S. LNG Exports Advances
The U.S. House Energy and Commerce Committee has passed legislation that would accelerate the approval of requests to sell liquefied natural gas (LNG) overseas. The bill would require the…
Oil Worker Deaths Spotlight Job Risks
Two men were killed and nine others injured in an explosion at an oil-drilling site in Texas on April 30. The incident occurred about 60 miles southeast of Carlsbad,…
U.S. Supreme Court Upholds EPA Coal Regs
On April 29, the U.S. Supreme Court upheld the Environmental Protection Agency’s rules on power plant pollution that blows across state lines. The 6-2 ruling overturned a D.C. Circuit…
Putin Threatens Retaliation Against Western Oil Companies
Russian President Vladimir Putin has responded to U.S. and EU sanctions by warning that further action against Russia could force him to reconsider the involvement of western oil companies in…
Bakken Produces Its One Billionth Barrel
The prolific Bakken shale formation has hit a major milestone, according to data from North Dakota and Montana. Drillers in the formation have now pumped out more than one…
Russia Strengthening Relationship With Iran
The recent breakdown in cooperation between Russia and the West has seen Russia trying to rebuild its economic relationship with Iran after a dry spell brought about by Moscow’s cooperation…
China Can’t Quit Coal
Despite enacting recent ambitious clean energy targets, coal will likely remain a central pillar of the Chinese energy economy for years to come, according to a new report from…
U.S. Sanctions on Russia Put Western Oil Companies in Tricky Position
New U.S. sanctions on Russia that include asset freezes and travel bans on several top Russian officials, including Rosneft’s Igor Sechin, are raising the likelihood that Western companies with investments…
