 |
Louisiana Light • 4 days | 67.99 | -0.01 | -0.01% | ||
|
Bonny Light • 4 days | 70.68 | +1.56 | +2.26% | ||
|
Opec Basket • 4 days | 71.61 | +1.58 | +2.26% | ||
|
Mars US • 21 hours | 65.01 | +0.11 | +0.17% | ||
|
Gasoline • 10 mins | 2.060 | +0.108 | +5.50% |
|
Bonny Light • 4 days | 70.68 | +1.56 | +2.26% | ||
|
Girassol • 4 days | 71.86 | +1.79 | +2.55% | ||
|
Opec Basket • 4 days | 71.61 | +1.58 | +2.26% |
|
Peace Sour • 14 hours | 57.26 | -0.24 | -0.42% | ||
|
Light Sour Blend • 14 hours | 59.56 | -0.24 | -0.40% | ||
|
Syncrude Sweet Premium • 14 hours | 60.56 | -0.24 | -0.39% | ||
|
Central Alberta • 14 hours | 57.76 | -0.24 | -0.41% |
|
Eagle Ford • 4 days | 64.16 | -0.24 | -0.37% | ||
|
Oklahoma Sweet • 4 days | 62.75 | -0.25 | -0.40% | ||
|
Kansas Common • 4 days | 56.50 | -0.25 | -0.44% | ||
|
Buena Vista • 5 days | 71.24 | +0.93 | +1.32% |
Florida Startup Offers Solution To Decades-Old Pipeline Puzzle
Florida-based company Trans Caspian Resources…
California Is Addicted To Oil From The Amazon
California is regarded as America’s…
OPEC Misses Its Oil Production Target Once Again
OPEC raised its production in…
News
Germany: Nord Stream 2 Cannot Begin Operations Until Certified
The Russia-led Nord Stream 2 gas pipeline cannot start sending natural gas to Europe until it is certified by German authorities, which have suspended the certification process, according to Germany’s…
Energy Efficiency Needs To Speed Up To Meet Climate Goals
Energy efficiency and ways to reduce emissions from buildings may be the cheapest way to lower carbon footprints and help reach climate goals, but the current pace of investments in…
EV Patents Surge As Net-Zero Push Accelerates
The number of electric vehicle (EV) patents has gone up all across the world, while fossil fuel ones have registered a rapid decrease in the last five years…
BP Wants To Include WTI Midland Crude To Dated Brent Benchmark
UK-based supermajor BP favors the addition of WTI Midland, a light sweet crude grade from the United States, to the Dated Brent benchmark, the underlying benchmark of the Brent Crude…
Houston Energy Conference Disrupted Due To Omicron Restrictions
Travel restrictions in the wake of the Omicron variant have disrupted the agenda of the 23rd World Petroleum Congress, which begins in Houston on Monday with a reduced number of…
Big Oil Posts $174 Billion In Profits This Year: Report
Big Oil majors booked profits of a combined $174 billion for the first nine months of the year as they focused on returning cash to shareholders instead of boosting production…
UK Grim Prospects Over Surging Energy Bills Just Got Worse
UK households will be paying much higher energy bills, which will rise not only because of high power and gas prices but also because of the collapse of Bulb, the…
Musk Sold Another $1 Billion Worth Of Tesla Shares
Elon Musk’s latest round of Tesla stock sale has brought total sales over the past four weeks to 10 million shares worth around $10.9 billion, as the EV manufacturer’s CEO…
Sour Crude Discounts Widen As Gas Prices, OPEC Production Grow
Higher availability of high-sulfur, or sour, crude grades globally as well as surging natural gas prices in recent months have significantly widened the discount at which sour grades trade relative…
Iran Delivers Fourth Crude Condensate Cargo To Venezuela
Iran has delivered the fourth cargo of crude oil condensate to Venezuela since the start of this year, Reuters has reported, citing a Venezuelan member of parliament—but the condensate…
Refiner Phillips 66 Signs Renewable Jet Fuel Deal With British Airways
Refiner Phillips 66 has sealed a deal with British Airways to supply the airline with renewable jet fuel that will be produced at a Phillips 66 site in the UK,…
This Could Mean The End To Cambo Oil Field Development
Shell announced on Thursday that it would no longer proceed with its investment in the Cambo oil field. Shell had a 30% stake in the Cambo oilfield, in the UK’s…
European Oil Majors Doubled Spending On Low-Carbon Energy Sources
In just two years, Europe’s oil and gas majors have doubled their planned spending on low-carbon energy—from 10 percent of capex in 2019 to 25 percent of overall spending per…
Value Of U.S-Canada Energy Trade Dips In 2020
The pandemic-driven lower petroleum consumption and lower commodity prices resulted in a decline of over 30 percent in the value of energy trade between the United States and Canada in…
Big Auto CEO: Rush For Electrification Could End In Tears
Amid a veritable race among carmakers to become fully electric before everyone else, the chief executive of Stellantis has warned that this race could end in tears. In an
U.S. May Delay Oil Reserve Release
The United States might adjust the timing of the release of some 50 million barrels of crude oil from the strategic petroleum reserve depending on the direction of oil prices,…
Low-Cost Oil And Gas May Make U.S. ''Energy Dominant''
The United States is set to become “energy dominant”, boosted to prominence by its low-cost oil and gas supplies as global prices rise in the future, Bank of America said…
Belarusian President Threatens To Halt Transit Of Energy Products From Russia
As if the energy sector needed any more volatility than it's already experiencing, Belarusian President Alexander Lukashenko has thrown his hat in the ring by commenting this week that he…
UAE’s Oil Giant ADNOC To Invest $127 Billion Through 2026
The Abu Dhabi National Oil Company (ADNOC) will invest as much as $127 billion in its upstream, downstream, and low-carbon fuel businesses between 2022 and 2026, the state oil firm…
IEA: Renewable Capacity Growth Needs To Double For Net-Zero
The world is set to add record-breaking renewable capacity additions this year, but it will still need double new annual capacity over the next five years to achieve the net-zero…
