 |
Louisiana Light • 2 days | 86.79 | -0.77 | -0.88% | ||
|
Bonny Light • 21 hours | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 180 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.578 | +0.000 | +0.02% |
|
Bonny Light • 21 hours | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 21 hours | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 20 hours | 75.13 | -0.70 | -0.92% | ||
|
Light Sour Blend • 20 hours | 78.18 | -0.70 | -0.89% | ||
|
Syncrude Sweet Premium • 20 hours | 85.13 | -0.70 | -0.82% | ||
|
Central Alberta • 20 hours | 75.53 | -0.70 | -0.92% |
|
Eagle Ford • 2 days | 78.41 | -0.70 | -0.88% | ||
|
Oklahoma Sweet • 2 days | 78.25 | -0.75 | -0.95% | ||
|
Kansas Common • 2 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 3 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Article Archive | Page 678
Saudi Arabia Urges OPEC+ To Cut Oil Output Even Further
Saudi Arabia has urged its fellow OPEC members and their partners outside the cartel to cut deeper into their oil production to speed up the rebalancing of oil markets, Reuters
Has Demand For Oil Already Peaked?
Oil prices continue to rise on the prospect of a rebound in fuel demand as economies begin to reopen. But there is a large difference between…
The Oil Crisis Puts The Entire U.S. Economy At Risk
Job losses, well shut-ins, and bankruptcies have replaced the praise surrounding the shale oil boom that greatly enhanced America's energy independence and gave President Trump a reason to…
7 Oil Countries Hit Hard By The COVID-19 Crisis
The coronavirus pandemic has rapidly evolved from a global health crisis to a financial one, upending industries, shuttering businesses, and sending financial markets reeling. Amid the crisis, the world's leading…
Trump Administration Approves Largest U.S. Solar Project Ever
The U.S. Department of the Interior approved this week the biggest solar project in the United States ever—an estimated US$1-billion solar plus battery storage project in Nevada. Australia’s Quinbrook…
Tesla Fails To Take Advantage As China's Car Sales Rebound
China is finally seeing its new vehicle sales go back up for the first time in nearly two years, with all segments, including electric cars bouncing back, while Tesla experienced…
Bullish Sentiment Is Creeping Back Into Oil Markets
The latest Global Energy Alert report on 'How To Profit From The Oil Market Crash' is an absolute must-read for everyone from crude oil traders to…
Aramco Earnings Plunge By 25% As Low Oil Prices Persist
Saudi Aramco reported on Tuesday a net income of US$16.66 billion for the first quarter of 2020, down from net earnings of US$22.2 billion for Q1 2019, due to the coronavirus…
Battery Metal Demand Set To Soar By 500%
Production of battery metals such as graphite, lithium and cobalt will have to increase by nearly 500% by 2050 to meet the growing demand for clean energy technologies, the World…
Some Shale Drillers Restart Shut-In Wells
Some shale oil companies in the United States have begun to reopen wells they had shut in earlier in response to the low oil prices, Energy Transfer said in a…
Oil Jumps After Saudi Arabia, UAE And Kuwait Pledge Deeper Cuts
Oil prices rose early on Tuesday after OPEC's Middle East heavyweights pledged additional cuts, instilling hopes in the market that further production reductions could help accelerate the drawdown of the…
BP Boss: We May Have Already Hit Peak Oil Demand
One of the biggest oil companies in the world, BP, is not ruling out that the oil demand crash amid COVID-19 and perhaps the subsequent lasting change in people's lifestyle…
Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk
At no time since Ibn Saud first consolidated his Arabian conquests into the Kingdom of Saudi Arabia in 1932 has the ruling Saud dynasty faced such an existential threat to…
COVID-19 Could Spark A Renewable Energy Boom
There is a growing acceptance that the prospect of a V-shaped recovery is unrealistic. “A couple months ago I was optimistic, I was hopeful, that maybe we would have a…
How U.S. Shale Can Survive The Oil Crash
The question regarding whether we have reached peak oil demand is a pressing concern for U.S. upstream activity. U.S. tight oil’s current cost structure, which generally requires ~$50/barrel
Why Young Professionals Are Steering Clear Of Oil & Gas
A career in oil used to be an attractive option for college students and high school grads alike. Oil and gas was one of the few industries where…
Oil Is Back In Demand As Drivers Return To The Roads
From China and Spain to the United States, people are gradually returning to driving their cars as countries and U.S. states re-open for business. People feel safer commuting…
Hand Sanitizer Boom Could Save The Ethanol Industry
With widespread layoffs and furloughs hitting post-World War II records and a global economy deep in the throes of a recession, the economic devastation wrought…
When Will The Next Oil Price Cycle Begin?
The world will soon bounce back from this pandemic, but the recovery will be rough and painful. The current low oil price environment will also come to an…
More Shale Giants Forced To Cut Production As Oil Price Crisis Persists
The big oil production curtailment in the U.S. shale patch continues as more companies announced on Monday output reductions to protect their balance sheets in the face of unsustainably low…
