 |
Louisiana Light • 4 days | 83.49 | +0.98 | +1.19% | ||
|
Bonny Light • 1 day | 83.98 | -0.36 | -0.43% | ||
|
Opec Basket • 4 days | 83.54 | +1.04 | +1.26% | ||
|
Mars US • 7 hours | 79.49 | -0.34 | -0.43% | ||
|
Gasoline • 10 mins | 2.492 | +0.005 | +0.21% |
|
Bonny Light • 1 day | 83.98 | -0.36 | -0.43% | ||
|
Girassol • 1 day | 83.94 | -0.65 | -0.77% | ||
|
Opec Basket • 4 days | 83.54 | +1.04 | +1.26% |
|
Peace Sour • 4 hours | 75.54 | -0.04 | -0.05% | ||
|
Light Sour Blend • 4 hours | 76.44 | -0.04 | -0.05% | ||
|
Syncrude Sweet Premium • 4 hours | 80.04 | -0.04 | -0.05% | ||
|
Central Alberta • 4 hours | 75.69 | -0.04 | -0.05% |
|
Eagle Ford • 1 day | 80.34 | +0.16 | +0.20% | ||
|
Oklahoma Sweet • 1 day | 79.00 | +0.25 | +0.32% | ||
|
Kansas Common • 4 days | 72.50 | +1.00 | +1.40% | ||
|
Buena Vista • 4 days | 87.47 | +0.97 | +1.12% |
Breaking News:
Article Archive | Page 5
Europe Desperately Needs To Diversify Its Energy Supply
We have written twice over the last week concerning the energy crunch, first in China and then in India
Is America Doomed To Replicate Europe’s Energy Crisis?
For weeks now, there has been virtually no other news but the energy crunch that surprised Europe in September and has since then gone on to roil every…
Is Europe Doing Enough To Realize Its Long-Term Energy Goals?
As we transition to renewables, hoping to leave oil and gas in the background, will it be possible to generate enough power when we’re already seeing failures due…
Gazprom Plant Connected To Russia-China Gas Pipeline Shuttered Due To Fire
China's energy crunch has resulted in power rationing in more than half of the provinces and affected the world's biggest production base for…
Forex And Commodity Trading Comes Under Fire In China
Several weeks after Beijing's seemingly final ban in a long series of crackdowns on bitcoin trading, when the PBOC said that all crypto-related transactions are illegal which ironically…
Copper Prices Dip As The Energy Crunch Sparks Demand Doubts
The Copper Monthly Metals Index (MMI) fell 1.7%, as the copper demand picture could be set to weaken and the LME three-month and China primary cash…
China Eyes Kazakh Coal As Energy Demand Soars
China is the world’s biggest coal consumer. Neighboring Kazakhstan sits on some of the world’s biggest coal reserves. Yet they have never done much business trading the stuff,…
Prepare For A Prolonged Period Of High Energy Prices
WTI temporarily broke the $80 mark on Friday morning as the global energy crunch continues to drive prices higher.
Cold Winter Will Leave Europe Short On Gas Unless Russia Boosts Supply
Europe may not have enough natural gas to meet demand in a cold winter, especially if Asia’s winter is cold too, unless Russian gas deliveries to European customers are increased,…
U.S. Rig Count Climbs As Crude Prices Rally
The number of oil and gas rigs in the United States rose by 5 this week, according to Baker Hughes, bringing the total number of additions since the start of…
China To Coal Miners: Raise Production Now
Chinese authorities have ordered 72 coal mines in Inner Mongolia to boost production by almost 100 million tons amid an energy crunch that has seen factories shut down and prompted…
WTI Oil Price Breaks $80 For The First Time Since 2014
Oil prices rose early on Friday, headed to another week of gains with the U.S. benchmark reaching $80 per barrel, as the world scrambles for natural gas and coal supply…
Record High Natural Gas Prices Will Send Oil Demand Even Higher
Record-high natural gas prices are prompting more utilities to switch from gas to oil derivatives, fanning the flames of an already strong oil price rally. A Reuters report quoted…
A Cold Winter Could Send Oil Prices Soaring Past $100
The spike in oil prices to the highest in years after OPEC+ said it will not add more barrels than the initially agreed…
One Of Wall Street’s Biggest Oil Bears Sees Higher Crude Prices On The Horizon
There has been a major dichotomy on Wall Street regarding the oil price trajectory, with some viewing the massive oil and gas rally as being temporary and transitory…
What Governments Got Wrong About The Global Energy Transition
The energy crisis in Europe exposed the complexity of a transition to green energy: it is not happening overnight, and it cannot be done successfully with the old tricks.
JPMorgan: Energy Stocks Still Have Room To Run
The S&P Energy Index, lagging the oil price rally, still has room to run, according to a JPMorgan Chase & Co strategist who called the energy stocks…
Saudi Arabia Eyes Oil Market Dominance As Prices Bounce Back
After a difficult year during Covid, Saudi Arabia and its oil and gas industry are finally rebounding as global oil demand recovers. Oil revenue in Saudi…
Southeast Asia Needs $2 Trillion To Realize Its Green Economy Ambitions
Investing $2 trillion over the next decade in sustainable infrastructure can greatly reduce Southeast Asia’s greenhouse gas emissions, according to a new report from Bain & Company
Who Should Pay To Plug Abandoned Oil Wells?
Who should be responsible for plugging abandoned oil and gas wells, Big Oil, or the government and taxpayers? That’s the question being raised as the U.S. faces an…
