 |
Louisiana Light • 4 days | 78.61 | -1.95 | -2.42% | ||
|
Bonny Light • 3 days | 81.28 | +1.10 | +1.37% | ||
|
Opec Basket • 4 days | 85.00 | +1.11 | +1.32% | ||
|
Mars US • 30 days | 79.71 | -2.05 | -2.51% | ||
|
Gasoline • 16 mins | 2.100 | -0.021 | -0.98% |
|
Bonny Light • 3 days | 81.28 | +1.10 | +1.37% | ||
|
Girassol • 3 days | 81.92 | +1.12 | +1.39% | ||
|
Opec Basket • 4 days | 85.00 | +1.11 | +1.32% |
|
Peace Sour • 3 days | 59.71 | -1.90 | -3.08% | ||
|
Light Sour Blend • 3 days | 63.56 | -1.90 | -2.90% | ||
|
Syncrude Sweet Premium • 3 days | 68.16 | -1.90 | -2.71% | ||
|
Central Alberta • 3 days | 61.71 | -1.90 | -2.99% |
|
Eagle Ford • 4 days | 72.44 | -1.90 | -2.56% | ||
|
Oklahoma Sweet • 4 days | 72.00 | -2.00 | -2.70% | ||
|
Kansas Common • 7 days | 65.00 | -0.75 | -1.14% | ||
|
Buena Vista • 5 days | 83.98 | +1.45 | +1.76% |
China’s Coal Boom Undermines Its Clean Energy Success
China's clean energy boom is…
The Last 6 Months Have Been Devastating For U.S. Clean Energy Stocks
A year after President Joe…
South America’s Offshore Oil Boom Will Challenge OPEC’s Dominance
South America’s offshore oil boom,…
News
U.S. Adds Three More Shippers to Russian Sanction List over Oil Price Cap
The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) has added three additional companies and vessels to the sanctioned list for violations pertaining to the oil…
COP28 Presidency No Red Lines on Fossil Fuels
The COP28 UAE-led presidency doesn't have any "red lines" for language about fossil fuels in the negotiated text, COP28 Director General Majid al-Suwaidi said on Friday. "Our job as a…
Dutch Fund Keeps Shell, BP in Portfolio as it Dumps 40 Other Oil Firms
Dutch pension fund Pensioenfonds Metaal & Techniek (PMT) is divesting from 40 oil and gas companies, but will keep its investments in Shell and BP and seven other energy firms…
German Grid Regulator Plans to Spread Clean Energy Costs Across All Regions
Consumers in Germany’s states with lower clean energy production may end up paying higher grid fees as the regulator plans to spread out evenly among regions the higher costs of…
Brazil Won’t Cap Its Oil Production Despite Joining OPEC+ Group
Brazil, which is set to join the OPEC+ alliance in January, will not have any quota and will not participate in oil production cuts, Jean Paul Prates, the…
Russia’s Urals Crude Price Drops but It’s Still Above the $60 Cap
The average price of Russia’s flagship crude grade, Urals, dropped in November from October but was still way above the Western price cap of $60 per barrel, data…
Saudi Arabia Could Cut the Price of Its Flagship Crude for Asia
Rising global crude stockpiles and weak demand could prompt Saudi Arabia to lower the price of Arab Light, its flagship crude, for Asian customers for January for the…
The U.S. Wants to Halve Russia’s Oil and Gas Revenues by 2030
The United States will stick to the sanctions on Russian energy as long as Putin persists with his war in Ukraine and Washington looks to halve Moscow’s energy…
Oil Revenues Send Alberta’s Budget Surplus Soaring
Revenues from the oil industry have pushed Alberta’s projected budget surplus for this year to twice as high as initially expected, at $4.1 billion, or…
Germany Remains Committed to Climate Investments Despite Budget Crisis
Germany will remain committed to financing the energy transition with billions of dollars despite a raging budget crisis that has cast a shadow over the country’s 2024 spending.…
Oil Prices Set for Yet Another Weekly Decline Despite OPEC+ Cuts
As traders brushed off the news of OPEC+’s deeper production cuts, crude oil prices dipped and are likely to post their sixth weekly decline in a row. OPEC+…
Court Rules Germany’s Climate Policy Falls Short of Legal Requirements
The Berlin-Brandenburg Higher Administrative Court ruled on Thursday that Germany’s federal policies to fight climate change in the transport and housing sectors are falling short of a law that…
Russia’s Biggest Oil and Gas Exporters See Revenues Slump by 41%
Total revenues for Russia’s largest oil and gas exporters plunged by 41% between January and September compared to the same period last year, due to lower commodity prices…
ECB Rate-Cut Expectations Soar After EU Inflation Cools More Than Expected
Following cooler than expected CPI from Germany and Spain yesterday, the aggregate euro-zone inflation cooled more than expected this morning with headline CPI tumbling from +2.9% in October to +2.4%…
Germany’s Uniper Says Europe Needs More LNG
Europe needs additional volumes of liquefied natural gas (LNG) to ease the tight market and alleviate supply concerns, Michael Lewis, CEO of Germany’s energy giant Uniper, told
Consumer Reports: EVs Are Less Reliable Than Gasoline Cars
U.S. owners of electric vehicles have been experiencing on average more problems with their cars than the owners of vehicles with the traditional internal combustion engines, Consumer Reports…
OPEC+ Reaches Preliminary Agreement to Deepen Oil Production Cuts
As OPEC+ is holding its meeting on Thursday, delegates and sources in the cartel and the wider group are telling media sources that there could be further cuts to the…
U.S. Investment Firm EIG Closes In on a Multi-Billion-Dollar LNG Acquisition
EIG Global Energy Partners expects to announce soon a deal of several billion U.S. dollars to buy an LNG asset in addition to a stake in an Australian project, EIG…
Vitol to Pay for the Reopening of an Australian Coal Mine
Commodity trading major Vitol will fund the restart of a coal mine in Australia that has not been operational in 16 years. The company will provide $60 million…
OPEC to Host “Special Pavilion” at COP28
OPEC will send a delegation to the COP28 in Dubai and host a special pavilion there, the group said in a press release, adding that…
