 |
Louisiana Light • 3 days | 113.8 | +2.64 | +2.37% | ||
|
Bonny Light • 2 days | 116.7 | +2.62 | +2.30% | ||
|
Opec Basket • 3 days | 112.0 | -2.90 | -2.52% | ||
|
Mars US • 22 hours | 107.3 | -0.61 | -0.57% | ||
|
Gasoline • 22 hours | 3.837 | +0.005 | +0.14% |
|
Bonny Light • 2 days | 116.7 | +2.62 | +2.30% | ||
|
Girassol • 2 days | 112.7 | +2.15 | +1.94% | ||
|
Opec Basket • 3 days | 112.0 | -2.90 | -2.52% |
|
Peace Sour • 2 days | 105.3 | +2.85 | +2.78% | ||
|
Light Sour Blend • 2 days | 107.4 | +2.85 | +2.72% | ||
|
Syncrude Sweet Premium • 2 days | 111.0 | +2.85 | +2.64% | ||
|
Central Alberta • 2 days | 105.6 | +2.85 | +2.77% |
|
Eagle Ford • 2 days | 111.1 | +1.02 | +0.93% | ||
|
Oklahoma Sweet • 2 days | 109.8 | +1.00 | +0.92% | ||
|
Kansas Common • 3 days | 102.5 | +2.75 | +2.76% | ||
|
Buena Vista • 4 days | 112.6 | -5.11 | -4.34% |
Breaking News:
Article Archive | Page 4
China Warns NATO Not To Interfere In Asia
China increasingly sees the war in Ukraine -- and the roles of the United States and its NATO allies in backing Kyiv against Moscow -- as a reflection…
Mexico’s Push For Energy Independence Comes At A Cost
Governments, energy firms, and International Organisations have their eyes on Mexico’s energy sector as President Andrés Manuel Lopez Obrador (AMLO) seeks to nationalise Mexico’s energy sector, once again,…
IEA: Lower Demand Changes Everything For Oil Markets
Two months ago, the International Energy Agency sounded an alarm about global crude oil supply, predicting that Western sanctions on Russia would remove as much as 3 million…
Europe Looks To African Gas To Reduce Dependence On Russian Imports
Africa is conservatively forecast to reach peak gas production at 470 billion cubic meters (Bcm) by the late 2030s, equivalent to about 75% of the expected amount of…
Russia Cuts Gas Supply To Seized German Gazprom Unit
Germany, which has long remained the largest buyer of Russian natural gas, has belatedly and bluntly stated as fact what's long been among its greatest 'worst case scenario'…
How Energy Wealth Funds Are Being Leveraged To Diversify Economies
The success of Norway’s sovereign wealth fund has encouraged other oil-rich nations to follow in its footsteps by developing their own national funds from energy revenues. Countries across…
The Semiconductor Shortage Could Persist Through 2024
The Automotive MMI (Monthly Metals Index) held flat from April to May. This was largely the result of a number of factors working in concert. Below, we’ll dig…
The UK’s Nuclear Ambitions Could Cause More Pain For Consumers
The Government’s ambitious nuclear power push may initially increase energy bills, the Business Secretary has warned. Kwasi Kwarteng said the plan to build new power plants…
Oil Prices Climb Despite Demand Destruction Claims
Despite reports from the IEA and OPEC that emphasized a decline in oil demand, oil prices jumped on Friday due to fears of Europe implementing a Russian oil ban.
European Drivers Face Further Gasoline Squeeze
European drivers who are already experiencing substantial pain at the pump are about to get even more unhappy as the market for naphtha, a key ingredient in gasoline, tightens amid…
U.S. Rig Count Continues To Rise As WTI Hits $110
The number of total active drilling rigs in the United States rose by 9 this week, on top of the 7 rig increase in the week prior, according to new…
Fundamental Forces Clash In Turbulent Oil Market
U.S. West Texas Intermediate crude oil futures are trading slightly higher on Friday but are still in a position to post its first weekly loss in three weeks as mixed…
Soaring Costs Set To Hurt U.S. Shale Production
1. Soaring Production Costs Stoke Fears of US Shale Slowdown- Just as US shale producers…
Russia Reduces Natural Gas Exports To Europe
Politics, Geopolitics & Conflict On the natural gas front, tit-for-tat measures between Ukraine, the European Union, and Russia led to a reduction in Russian natural gas to Europe this week,…
Is Tesla Oversold?
Two months ago, in these very pages, I wrote that I had abandoned my long-term holdings in Tesla (TSLA) and viewed it once again as a trading instrument rather than…
Russia Is Trying To Replicate The Annexation Of Crimea
Let the second annexation begin … but it won’t go down like Crimea. In a rehashing of the events that led to Russia’s annexation of Crimea…
Oil And Gas Prices Veer Back As Markets Fear Russian Crude Ban
Crude oil prices shot up more than 3% on Friday in mid-day trade, with the WTI front-month contract reaching $109.80 per barrel—erasing losses from earlier in the…
Buffett Could Be Inching Closer To Control Over Oxy
Warren Buffett’s Berkshire Hathaway bought additional shares in Occidental Petroleum Corporation (NYSE: OXY) this week, bringing its stake to 15.3% in a move that could be seen as Buffett…
Barclays: Russian Gas Halt Would Plunge Euro Below U.S. Dollar
The euro could dip below the value of the U.S. dollar as the Eurozone's economy could be hit with rationing if Russia completely stops gas supplies to Europe, according to…
Russian Oil Production May Fall To 18-Year Low On EU Oil Embargo
Russia’s crude oil production could drop to its lowest level since 2004 if the EU imposes an embargo on imports of Russian oil, according to estimates from the International Energy…
