 |
Louisiana Light • 2 days | 81.18 | +0.12 | +0.15% | ||
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% | ||
|
Mars US • 266 days | 75.97 | -1.40 | -1.81% | ||
|
Gasoline • 7 hours | 2.461 | -0.007 | -0.29% |
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Girassol • 29 days | 87.27 | -0.38 | -0.43% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% |
|
Peace Sour • 15 hours | 72.28 | +0.69 | +0.96% | ||
|
Light Sour Blend • 15 hours | 72.28 | +0.69 | +0.96% | ||
|
Syncrude Sweet Premium • 15 hours | 79.18 | +0.89 | +1.14% | ||
|
Central Alberta • 15 hours | 72.28 | +0.69 | +0.96% |
|
Eagle Ford • 3 days | 74.07 | +0.63 | +0.86% | ||
|
Oklahoma Sweet • 2 days | 75.00 | +2.00 | +2.74% | ||
|
Kansas Common • 3 days | 67.75 | +0.50 | +0.74% | ||
|
Buena Vista • 4 days | 83.27 | -2.82 | -3.28% |
Breaking News:
Article Archive | Page 9
Copper Prices Bounce Back On Market Optimism
Via Metal Miner Overall, the Copper Monthly Metals Index (MMI) fell 6.66% from June to July. Following a…
ING Sees $88 Brent In Q3 2024
In its latest market note, ING states that OPEC+ policy is still the critical factor in determining the state of the oil markets. At the beginning of 2024, ING projected…
The Future May Not Be As Electric as We Think
Virtually every single forecast about the future of transport focuses on its electrification—on the idea that EVs will take over roads, displacing the internal combustion engine and making it history.…
Standard Chartered: Oil Demand Growth Will Decelerate in the Coming Months
On Wednesday, OPEC released its latest Monthly Oil Market Report (MOMR) wherein it stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025,…
Will Sluggish Chinese Oil Demand Derail OPEC's Optimistic Forecasts?
Global oil demand growth continues to slow down amid underwhelming Chinese consumption, the International Energy Agency (IEA) said on Thursday, keeping its growth forecast at more than half of OPEC’s…
Extreme Temperatures Threaten Oil Refinery Operations in Europe
Peak summer temperatures in some parts of Europe are threatening the normal operation of refineries, Bloomberg has reported, citing the situation in Greece…
Aramco Secures $31 Billion in Orders for Bond Offering
Saudi Aramco has attracted orders worth a total $31 billion for a fresh bond the company said it would place on international markets. The size of the bond…
Wind Power Prices Must Rise to Meet UK's Clean Energy Goals
The UK’s government must offer higher prices for offshore wind power generation or miss the capacity targets it has set itself, climate think tank Ember has
Oil Bulls See Light at the End of the Tunnel
Oil prices have been climbing for the last four weeks, though the climb has been hesitant, uneven, and has failed to convince traders of a stable trend. But with the…
Is China Getting Ahead in the Race for Commercial Nuclear Fusion?
Nuclear fusion research and development has gained momentum in recent years after several momentous breakthroughs and achievements. The global race to overcome the engineering challenges to achieving zero-emission power from…
Global Oil Consumption Hits Historic 100 Million Barrels Per Day Milestone
In June, the Energy Institute released the 2024 Statistical Review of World Energy. The Review provides a comprehensive picture of supply and demand…
Deep-Sea Mining Rush Sparks Environmental Concerns
Over the last year, it has become clear that deep-sea mining for metals and minerals is likely to be approved in some regions of the world, as companies fight for…
Serbia's Nuclear Future: A Delicate Balancing Act Between East and West
Driven by a need to diversify its energy sector and pivot away from cheap Russian gas, Serbia is moving to end the country’s decades-old policy…
Suriname’s Mega Oil Boom Is Back on Track
A fiscal crisis, near economic collapse, and civil unrest have the government of Suriname, one of South America’s poorest countries, hungrily eyeing neighboring Guyana’s oil boom, which made that…
LME Returns to Court Over $12 Billion Nickel Trading Fiasco
The London Metal Exchange (LME) is back in court this week as it seeks to defend against Elliott Investment Management’s application to appeal…
NATO Leaders Debate Multiyear Military Aid Package for Ukraine
NATO leaders gathered in Washington for a landmark summit are set to look into ways to bolster support for Ukraine in its war against Russia's aggression as U.S.…
Hedge Funds Are Headhunting Succesful Power Traders
Attracted by market volatility and the prospect of handsome profits in the coming years, hedge funds are hiring power traders from utilities and investment banks. The hedge funds are…
Oil Prices Perk Up on Crude Draw
Crude oil prices went higher today, after the U.S. Energy Information Administration reported an inventory draw of 3.4 million barrels for the week to July 5. This
The Countries Increasing Their Coal Dependency Despite Climate Pledges
As many countries are battling to curb their coal production, some Asian powers continue to increase their dependency on the “dirtiest fossil fuel”, massively hindering a regional green transition. For…
Petrochemicals Are Big Oil’s Next Big Profit Hedge
The ongoing electrification drive and the EV revolution have elicited dire forecasts about the imminent demise of the nearly two-century old oil & gas industry. Last year, Bloomberg predicted that global
