 |
Louisiana Light • 3 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 183 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 1 day | 2.555 | -0.041 | -1.59% |
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 2 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 2 days | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 2 days | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 2 days | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 2 days | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 3 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 3 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 5 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 6 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Article Archive | Page 723
Peak Shale Will Send Oil Prices Sky High
Much of the cheap oil has been produced, and the oil industry is increasingly relying on costly reserves. While the world is awash in supply right now, the market may…
Resurrecting A World War II Fuel To Fight Flight Shaming
A “green” jet fuel based on a chemical process created by the Germans for the Luftwaffe air force during World War II may have just found a new purpose…
The End Of The Oil Price Boom And Bust Cycle
Something strange is happening in the oil world. A string of events and developments that should have pushed prices much closer to three-digit territory has, in fact, had only a…
Oil Demand Under Siege As Airlines Cancel Over 50,000 Flights
Over 54,011 airline flights scheduled to, from, and within China between January 23 and February 4 were canceled, according to Cirium data cited by CNBC, creating a ripple effect…
Russia Looks To Double Coal Exports To China
Russia has been historically associated with oil and gas exports, yet the news somewhat underreports its coal market presence. Although neither the world’s largest coal producer nor exporter, Russia seems…
The Oil Nation That Squandered Its Wealth
Some of the world’s first ever commercial oil wells were operational near Baku in 19th century Imperial Russia in today’s Azerbaijan. The oil abundance produced some of the wealth that…
After Three Record Breaking Years, Is The U.S. Wind Energy Boom Over?
In 2019, the U.S. wind power industry recorded its third record-breaking installation year in a row, with new wind capacity hitting 9.14 GW. To date, there are another 44…
Goldman: Coronavirus Causes Worst Oil Demand Shock Since 2008
The slowdown in China’s industrial activity and the shutdown of factories amid the coronavirus outbreak is causing the worst shock to oil demand in over a decade, Jeff Currie, global…
China’s Top LNG Buyer Refuses Cargoes Amid Virus Outbreak
China National Offshore Oil Corporation (CNOOC), the country’s largest importer of liquefied natural gas (LNG), has declared force majeure on deliveries of LNG cargoes and will not be honoring some…
OPEC Aims For 600,000 Bpd Cut, But Russia Remains Reluctant
OPEC+ officials have recommended additional oil production cuts of 600,000 bpd in response to the coronavirus outbreak that has crushed oil prices but Russia has yet to agree…
Crashing Copper Prices Spell Trouble For Oil
Copper has spoken. Its voice is the loudest of the commodities, and it’s not optimistic for the global economy. The coronavirus--which had by the time of writing claimed…
The Race For Arctic Oil Is Heating Up
Despite climate concerns and environmentalist backlash against exploration for oil and gas in pristine sensitive regions of the Arctic, companies continue to explore for hydrocarbon resources in the Arctic Circle,…
Iraq Is On The Brink Of An Energy Crisis
As the deadline for the U.S. to renew its waiver on Iraq importing gas and electricity from Iran approaches later this month, the three key players in this ongoing geopolitical…
“Gasmaggedon” Sweeps Over Global Gas Market
China’s state-owned gas importers are considering declaring force majeure on LNG imports, which would amplify the turmoil in global gas markets. LNG prices have already plunged to their lowest…
SUV Sales Are Soaring As Climate Crisis Escalates
The war on climate change is on, but the world’s utility-vehicle-gas-guzzling habit is preventing green measures from making enough headway. SUV sales across the globe last year reached a total…
Coronavirus Pushes China Jet Fuel Sales Down 25%
Sales of jet fuel in China slumped by a quarter in the last week of January because of the coronavirus outbreak, an unnamed source from the oil industry told…
Is Britain’s Climate Change Plan Too Ambitious?
Great Britain's energy regulator has rolled out a plan that would govern the nation's net zero greenhouse emission target backed by the new prime minister. It emphasizes finding tangible, workable…
New ‘Solar Panels’ Harness The Energy Of Deep Space
Solar power is cheaper than ever, it’s ultra-abundant, and it emits zero greenhouse gases. But it’s far from perfect--for now. One of the biggest limitations of solar energy (which applies…
Is This The Only Way To Stop Libya’s Oil War?
For complete victory in Libya, General Khalifa Haftar will need the keys to the Central Bank kingdom of petrodollars, and he’s willing to starve out Tripoli to get them. Haftar,…
Guyana’s Economic Growth Jumps As Oil Production Soars
The economic fortunes of Guyana, with a population of only around 800,000, are poised for a major transformation after its first-ever oil development commenced production just six weeks ago. Offshore…
