 |
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 • 6 hours | 79.49 | -0.34 | -0.43% | ||
|
Gasoline • 10 mins | 2.486 | 0.000 | -0.02% |
|
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 • 3 hours | 75.54 | -0.04 | -0.05% | ||
|
Light Sour Blend • 3 hours | 76.44 | -0.04 | -0.05% | ||
|
Syncrude Sweet Premium • 3 hours | 80.04 | -0.04 | -0.05% | ||
|
Central Alberta • 3 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 6
Moody’s: Oil Industry Must Spend $542 Billion To Avoid Supply Shock
Global annual upstream spending needs to increase by as much as 54 percent to $542 billion if the oil market is to avert the next supply shortage shock, Moody’s said…
Oil Prices Rebound As U.S. Walks Back Plan To Tap Strategic Petroleum Reserve
The U.S. Department of Energy is walking back previous comments that it was considering a release of the Strategic Petroleum Reserve and a ban on crude oil exports, Bloomberg’s Javier…
Why OPEC Didn’t Boost Production By 800,000 Bpd
Concern that demand for oil may weaken in the future was one of the reasons OPEC+ decided to stick with its original agreement to add 400,000 bpd in combined supply…
Oil Prices Fall Further On Possible Emergency Reserve Release And Export Ban
A release of crude oil from the U.S. emergency reserve is one option the Department of Energy is considering in a bid to tame prices at the gas pump. Another…
A Very Predictable Global Energy Crisis
Gas prices in Europe are breaking record after record. The UK is facing supply shortages reminiscent of the late 1970s winter of discontent.…
$11 Billion Has Poured Into Clean Energy Startups This Year
At a time when fossil fuel startups have been suffering from a dearth of capital, clean energy startups are having little trouble attracting cash and investments from all quarters, including…
How Will Asia React To Record Breaking Energy Prices?
Record-high coal and liquefied natural gas (LNG) prices in Asia are threatening to slow down the fastest-growing economies in the region. The global energy crunch, which has energy-importing…
Natural Gas Prices Plunge As Putin Promises More Supply
Natural gas futures mercifully slipped 10% on Wednesday after Russian President Vladimir Putin promised that the gas-rich nation would send more natural gas to Europe. Gas prices…
Nuclear Energy Could Bridge The Energy Transition Gap
Small scale nuclear companies are picking up pace, following the example of bigger nuclear firms looking for their place in future of renewables, as nuclear power finally makes…
The Electricity Crisis Was Not Caused By A ‘Perfect Storm’
Recent news from the global electricity sector looks grim. South Americans, heavily dependent on hydroelectricity, face drought-induced scarcity. Hard to believe in a continent laced by three enormous…
UK National Grid: Consumers Will See No Respite From High Gas Prices Soon
Electricity supply in the United Kingdom will be tighter this winter compared to previous years, the chief executive of the UK’s National Grid told a Financial Times conference on…
EIA Sees Solid Global Demand For Oil, Gas And Renewables To 2050
Global demand for renewables will rise the most through 2050, but demand for petroleum and other liquids and natural gas will also increase, albeit at a slower pace, the U.S.…
The EU Is Panicking Over Skyrocketing Energy Prices
As Europe’s benchmark gas prices hit records highs every day amid tight supply, the European Union (EU) is looking at a single-market response to the surging energy prices as it…
Oil Unchanged On Small Crude Inventory Build
Crude oil remained unchanged today after the Energy Information Administration reported an inventory build of 2.3 million barrels for the week to October 1. At 420.9 million barrels, U.S.…
Saudi Arabia Cuts Oil Prices After Latest Rally
Saudi Arabia has cut its official crude oil selling price for Asian buyers following the latest price rise spurred by the OPEC+ decision to stick to monthly additions of 400,000…
Hyperinflation Could Send Oil Prices Above $180
Last year, shortly after the World Health Organization (WHO) declared Covid-19 a global pandemic, governments everywhere unveiled massive monetary and fiscal stimuli (over $15T globally) in a bid…
Hedge Funds Scramble To Buy Crude Oil Futures As Market Tightens
Earlier this year, oil began to fall out of favor with traders as the focus on energy attention increasingly shifted towards renewable power and the energy transition. But…
Endemic Corruption Could Crush Iraq’s New National Oil Company
The last few days saw the first meeting of the new iteration of the Iraq National Oil Company (INOC), with the agenda being ‘the five-year plan for the…
The Energy Transition Will Take Decades Not Years
This year’s global demand for all three fossil fuels has sent a message to overly enthusiastic proponents of the energy transition - hold your horses.
China Is Desperate To Secure Latin American Oil And Coal
Nearly three decades ago the Soviet Union imploded and ceased to exist, leaving the U.S. as the last standing superpower and victor of the Cold War. That, according…
