 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.710 | -0.004 | -0.15% |
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 2 days | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 7 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 7 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 7 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 7 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
Canada's Hydro-Heavy Decarbonization Strategy in Jeopardy
Drought has disrupted Canada's hydropower…
Institutional Investors Double Down On Oil Despite Divestment Pledges
A new study reveals that…
Traders Became More Bullish on Oil As Middle East Risk Surged
The crude oil net long…
News
Coal Industry Cites Polar Vortex as Case for Keeping Old Plants
The icy cold winter in the eastern half of the United States demonstrates the need for stable baseload power, according to executives from the coal industry. The snowstorms and…
Oil Drops on China Demand
Crude oil futures declined on new data from China showing that exports dropped by more than expected, providing fresh evidence of a slowdown in the Chinese economy. For April…
Libyan Govt Threatens to Destroy North Korean Oil Tanker in Rebel Territory
The Libyan government ordered its armed forces to fire upon an oil tanker that was docking at a port in rebel controlled territory. The North Korean ship arrived at…
Equatorial Guinea in P.R. Push to Improve Image
Reuters published a profile of Equatorial Guinea on March 10 that details the efforts of Equatorial Guinea to improve how it is viewed by the outside world. The kleptocratic…
Ukraine Misses Payment to Gazprom, Risks Cut Off
Gazprom stated on March 7 that Ukraine has failed to pay for its natural gas deliveries in February. The failure to pay, the Russian gas giant notes, may result…
Canada Approves Enbridge Pipeline Flow Reversal
Enbridge got the go-ahead to reverse the flow of a pipeline that stretches across Canada. The National Energy Board of Canada approved the company’s plan to reverse the flow…
NRC Finds Several Reactors with “Degraded Level of Performance”
The U.S. Nuclear Regulatory Commission just published its annual assessment of the nation’s nuclear power fleet, grading power plants on their performance and safety record. Of the 100 nuclear…
Iraq Oil Exports Pick up Pace
New production coming online may allow Iraq to claim the mantle as the fastest growing oil exporter in the world. For 2014, Iraq may post one of the biggest…
BP to Export Crude, Avoiding U.S. Ban
BP is moving to export crude oil from the United States, but doing so in a way that avoids violating the export ban. It has agreed to take 80%…
Canada’s Oil Sands Exports to U.S. Hampered by Infrastructure
The volume of exports to the U.S. Gulf in 2013 coming from Canada’s oil sands fell far short of original estimates. The oil industry projected that about 200,000 barrels per…
LNG May Suffer Boom-Bust Cycle
A flurry of construction around the world will greatly expand liquefaction capacity for shipping natural gas. Companies are hoping to move low-cost natural gas in places like the United States…
China Declares War on Pollution
On March 5th China’s Premier Li Keqiang declared war on pollution, outlining significant steps the Chinese government will take to improve air quality. China has suffered from truly epic smog…
Solar Industry Has Record Year in 2013
The U.S. solar industry had its best year ever in 2013, growing 41% from a year earlier. A new report released by the Solar Energy Industries Association (SEIA) and…
Obama FY15 Budget Would Eliminate Oil Tax Breaks
President Obama released his fiscal year 2015 budget on March 4, a $3.9 trillion package that includes a range of wish-list items in an election year. Among other things, the…
Marcellus Output Not Slowing Down
The Marcellus Shale will continue to be the country’s biggest driver in the growth of natural gas production, according to a new report from Morningstar. The report, “Shale Shock,”…
European Utilities Suffer from Increased Renewables
Several German utilities reported losses on their electricity generation business as the increased penetration of renewable energy lower electricity prices and capture market share. German utility giant RWE reported a…
Russia Threatens to Cut Gas Discounts to Ukraine
The ouster of Ukrainian President Viktor Yanukovych and the new pro-Western interim government prompted a severe reaction from Russian President Vladimir Putin. Russia sent its military to occupy Crimea and…
Capturing Methane Possible at Little or No Cost
The oil and gas industry can capture leaking methane gas at little or no cost over the long-term, according to a new study by the Environmental Defense Fund and…
EPA Sets Standards for Air Pollution from Cars and Trucks
The U.S. Environmental Protection Agency finalized new standards on sulfur in gasoline used in cars and trucks. The standards will require lower sulfur content in liquid fuels used in the…
Rail Safety Regs Could Hit Canadian Oil Sands
New regulations designed to increase the safety of transporting crude oil by rail could mean heightened scrutiny on oil coming from Canada’s oil sands. The February 25 rule issued by…
