 |
Louisiana Light • 2 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 2 days | 84.86 | -0.57 | -0.67% | ||
|
Opec Basket • 2 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 182 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.549 | -0.047 | -1.82% |
|
Bonny Light • 2 days | 84.86 | -0.57 | -0.67% | ||
|
Girassol • 2 days | 85.78 | -0.59 | -0.68% | ||
|
Opec Basket • 2 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 13 hours | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 13 hours | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 13 hours | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 13 hours | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 2 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 4 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 5 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Article Archive | Page 978
Dubai To Become Global Leader In Solar Energy
On a recent warm evening in the Dubai desert, government ministers and business leaders gathered to mark a major milestone in solar power, one of worldwide significance. A new phase…
Iran Tensions Send Oil Spiking Again
Oil prices rose on Monday after the U.S. announced a bellicose list of demands on Iran, leaving little chance of a new accord. (Click…
Steel Tariffs Raise Costs For Texas Oil Producers
The imposition of steel import tariffs and quotas will directly burden Texas oil and gas producers with higher costs for oilfield steel goods, which could result in job losses, reduced…
Can Angola Overcome Its Oil Production Decline?
OPEC member Angola is halving the tax rates on development of oil discoveries with less than 300 million barrels of reserves as new President Joao Lourenco is trying to…
Consumer Authority Rejects Tesla Model 3
Consumer Reports, the product review and rating magazine, has decided not to recommend Tesla Model 3 to its readers after doing a series of tests on the vehicle. The…
EVs Could Erase 7 Million Bpd In Demand
Electric vehicles will become cheaper than the internal combustion engine in a half decade, while electric buses will completely “dominate” its sector by the late-2020s, according to Bloomberg New Energy…
Trade War Truce With China Boosts Oil Prices
On Saturday, there was a sign of hope that ongoing trade tensions between Washington and Beijing could be remedied. Beijing said that it agreed to significantly increase its purchases…
Farmers Reeling From High Oil Prices
As the summer driving season approaches, drivers are already paying more for gasoline due to the oil price rally in recent months. But higher oil prices affect not only the…
How Does Oil Impact Bond Markets
When one considers the relationship between crude oil prices and 10Y yields, conventional wisdom traditionally looks at the correlation between 10Y breakevens - i.e., the inflation expectation component of interest…
Fire Risk Slows Down Battery Boom
Lithium-ion batteries have come to dominate the battery market, and this domination looks like it will be a lasting one despite the numerous reports of breakthroughs in battery technology that…
$80 Oil Could Kill Smaller Airlines
The airline industry is heading for rising fuel costs as crude oil prices surge, and the weakest of the European airlines may not make it through the winter, Michael O’Leary,…
Iran Prepares For Oil Production Decline
Iran expects disruption in its oil industry after the reintroduction of U.S. sanctions that would make it hard to stick to its current production goals, Oil Minister Bijan Zanganeh said…
Oil Jumps On Positive Trade War News, Venezuela
After a slide last week, Brent and West Texas Intermediate started the week with a modest increase thanks to an announcement from Treasury Secretary Steven Mnuchin that the trade…
Is $70 Oil Enough For Shale Drillers?
WTI Crude prices have recently surged to their highest level in three and a half years—just above $70 a barrel. In theory, that’s higher than the average breakeven costs…
Oil Majors Double Down On Refining
The oil majors are increasingly betting their futures on a mix of downstream enterprises. Refineries, processing, petrochemical facilities and retail gasoline stations are gaining in importance, while upstream spending stalls.…
Washington Threatens Sanctions For Nord Stream 2
While Germany tries to make sure Ukraine will not suffer too badly from the addition of Nord Stream 2 to the European natural gas pipeline network, a senior State Department…
India To Saudi Arabia: We Need Stable And Moderate Oil Prices
Major crude oil importer India is concerned that the rallying oil prices are hurting its economy, and its Petroleum Minister Dharmendra Pradhan reiterated the need for “stable and moderate”…
IEA ‘Ready To Act’ To Keep Oil Markets Well Supplied
The International Energy Agency (IEA) is ready to act if “necessary to ensure that markets remain well supplied,” the IEA’s Director for Energy Markets and Security, Keisuke Sadamori, told
How An "Oil Price Shock" Will Hurt The U.S. Economy
One month ago, when looking at the sharp spike in oil and gasoline prices (which at the time averaged $2.73), we said that the surge in energy costs -…
The Double-Edged Sword Of High Oil Prices
Rising oil prices were seen last year as a positive result of growing global growth and recovery, but a combination of factors is turning this benign view into a more…
