 |
Louisiana Light • 2 days | 117.9 | +5.06 | +4.48% | ||
|
Bonny Light • 2 days | 121.0 | +3.10 | +2.63% | ||
|
Opec Basket • 2 days | 116.5 | +1.54 | +1.34% | ||
|
Mars US • 21 hours | 109.5 | +3.01 | +2.83% | ||
|
Gasoline • 11 mins | 4.009 | +0.132 | +3.40% |
|
Bonny Light • 2 days | 121.0 | +3.10 | +2.63% | ||
|
Girassol • 2 days | 116.6 | +3.09 | +2.72% | ||
|
Opec Basket • 2 days | 116.5 | +1.54 | +1.34% |
|
Peace Sour • 13 hours | 109.5 | +3.76 | +3.55% | ||
|
Light Sour Blend • 13 hours | 111.6 | +3.76 | +3.49% | ||
|
Syncrude Sweet Premium • 13 hours | 115.2 | +3.76 | +3.37% | ||
|
Central Alberta • 13 hours | 109.8 | +3.76 | +3.54% |
|
Eagle Ford • 2 days | 112.0 | +3.76 | +3.47% | ||
|
Oklahoma Sweet • 2 days | 110.5 | +3.75 | +3.51% | ||
|
Kansas Common • 2 days | 104.3 | +3.75 | +3.73% | ||
|
Buena Vista • 2 days | 119.8 | +3.96 | +3.42% |
Breaking News:
Article Archive
Three Bullish Factors That Could Send Oil To $120
U.S. West Texas Intermediate crude oil futures are trading nearly flat on Friday, while continuing to hover near its more than two-month high. Helping to underpin prices is the prospect…
When Will U.S. Crude Production Return To Pre-Pandemic Levels?
1. China Cedes Top LNG Buyer Spot to Japan Amid Weak Demand- China’s LNG imports…
Why Kissinger Was Wrong To Tell Ukraine To Cede Territory
Politics, Geopolitics & Conflict Henry Kissinger made headlines at Davos when he said what we suspected many of the more sinister actors were thinking for some time now: Ukraine should…
How To Play The Resurgence In Nuclear Energy
Europe has a gas problem. No, not that kind of gas problem, they have a natural gas problem. From the second half of the twentieth century until around 2010, natural…
Why U.S. Shale Is Right To Choose Shareholders Over Production
American shale producers are right to avoid the temptation of pumping oil with WTI in the $1100-$110 range. Rewarding shareholders isn’t just about appeasement, which is long overdue,…
U.S. Oil Rigs Dip For First Time In 9 Weeks
The number of total active drilling rigs in the United States fell by 1 this week, after the 14 rig increase in the week prior, according to new data from…
Russia Sends Record Volumes Of Oil To India, China
While Europe shuns Russian oil amid sanctions and expectations of an oil embargo on Russian oil imports, India and China have stepped up purchases and are importing record volumes of…
BofA: Sharp Decline In Russian Exports Could Send Oil Above $150
Brent Crude prices could jump to well above $150 per barrel if Russia’s oil exports fall off a cliff in the coming months, according to Bank of America. “With our…
Memorial Day Gasoline Prices Are At An All-Time High
Inflation-adjusted—or real—gasoline prices in the United States heading to the Memorial Day weekend are at their highest in a decade, at a national average of $4.59 per gallon, the Energy…
Biden Administration Seeks Restart Of Idled Oil Refineries
The federal government is seeking to get the oil industry to restart idled refineries, Bloomberg has reported, citing an unnamed source. According to the source, officials, including members of…
Permian Frackers Blame Supply Chain Bottlenecks For Stymied Growth
Rising rig counts, record forecast production from the Delaware Basin, and another forecast for record production for the whole Permian from the EIA are just some of the…
Buyers Scramble To Lock In Long-term Contracts In Red-Hot LNG Market
The long-term LNG contract is back. Buyers of liquefied natural gas in Europe and Asia are increasingly committing to long-term purchase agreements, unlike in the past…
Why You Should Care About The Price Of Diesel
For the average citizen, it is often not until you fill your tank, stock your fridge, or heat your home that you have a tangible interaction with the global economy.…
Could Lifting Sanctions On Venezuela Help Ease The Energy Crunch?
Soaring energy prices, triggered by Russia’s invasion of Ukraine and diminished global production, have brought the focus back onto Venezuela, an OPEC member…
Is Pandemic Pain Finally Over For The Airline Industry?
Flights are rising back to pre-pandemic levels, with trips expected to increase dramatically this summer. Both leisure and business travel appear more popular as Covid restrictions ease worldwide…
How Will China’s Covid Containment Policy Affect Emerging Markets?
With China’s economy slowing on the back of a strict Covid-19 containment strategy, there are concerns about the effects this might have on several emerging markets.
Rystad: Oil And Gas Investment To Rise 20% In 2022
Global oil and gas investment is set to rise by 20% this year, according to Rystad Energy, with growth driven by soaring oil…
How Would A Carbon Tax Impact The Steel Industry?
Global public opinion seems divided on whether or not to impose a “carbon tax” on the metal and mining sector. This goes double for steel. Depending on which…
Is It Time To Buy Oil And Gas Pipeline Stocks?
This month we are taking another look at pipelines, specifically those used to transport oil and gas from the field to refineries. There is an odd disparity in…
Oil Prices Rally On Robust Demand Outlook
Oil prices rose early on Thursday, extending this week’s gains, as demand looks strong with the U.S. driving season starting and Shanghai in China gradually reopening after two months of…
