 |
Louisiana Light • 4 days | 88.38 | +1.26 | +1.45% | ||
|
Bonny Light • 1 day | 88.85 | -1.30 | -1.44% | ||
|
Opec Basket • 4 days | 89.19 | +0.80 | +0.91% | ||
|
Mars US • 178 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 16 mins | 2.746 | -0.003 | -0.11% |
|
Bonny Light • 1 day | 88.85 | -1.30 | -1.44% | ||
|
Girassol • 1 day | 89.64 | -1.21 | -1.33% | ||
|
Opec Basket • 4 days | 89.19 | +0.80 | +0.91% |
|
Peace Sour • 3 hours | 75.83 | -1.22 | -1.58% | ||
|
Light Sour Blend • 3 hours | 78.88 | -1.22 | -1.52% | ||
|
Syncrude Sweet Premium • 3 hours | 85.83 | -1.22 | -1.40% | ||
|
Central Alberta • 3 hours | 76.23 | -1.22 | -1.58% |
|
Eagle Ford • 4 days | 80.33 | +0.28 | +0.35% | ||
|
Oklahoma Sweet • 4 days | 80.25 | +0.25 | +0.31% | ||
|
Kansas Common • 4 days | 74.00 | +0.25 | +0.34% | ||
|
Buena Vista • 5 days | 88.22 | +0.99 | +1.13% |
Article Archive | Page 10
OPEC+ Rules in an Increasingly Tight Oil Market
The OPEC+ group is firmly back in control of the oil market and has the power to have it extremely tight in the second half of the year should it…
The AI Revolution Has a Problem: Energy
Artificial intelligence is helping the oil and gas industry boost output by accelerating drilling and boosting efficiency. It offers similar gains to other industries as well and online platforms and…
Biden’s LNG Pause Could Have a Significant Impact On Global Energy Security
Back in January of this year, the Biden administration announced a controversial decision to pause approvals of new licenses to export liquefied natural gas (LNG). President Biden announced that…
Sao Paulo's Power Grid Nears Breaking Point
Dark days ahead in São Paulo, the industrial and commercial hub of Brazil. They noticed last month, after a three day blackout hit the city’s center and its poorer neighborhoods,…
What Costco’s Gold Bar Bonanza Tells Us About the Economy
Last December, wholesale retailer Costco announced that they had sold over $100 million worth of gold in Q3 2023. "You've probably…
Market Sentiment Shifts as Buyers Resist Steelmaker Price Increases
Via Metal Miner The Raw Steels Monthly Metals Index (MMI) moved sideways, with a modest 1.38% decline in…
China's Mediation Efforts: A Closer Look at Beijing's Ukraine Strategy
Russian Foreign Minister Sergei Lavrov recently wrapped up a trip to Beijing where he met with his Chinese counterpart, Wang Yi, for talks on a series of "hot…
Shell's Undervalued London Listing a "Major Issue," Says Ex-Chief
The Shell share price hit another all-time high this week as the company continued its positive run. The
Tanker Markets Set to Soar As ‘Final Frontiers’ Heat Up
Back in February, crude tankers and product carrier company International Seaways (NYSE:INSW) predicted that tanker freight will remain healthy in the short and long term going forward, thanks to oil supply growth…
Oil Ticks Lower on EIA Inventory Report
Crude oil prices moved lower today after the Energy Information Administration reported an estimated inventory build of 5.8 million barrels for the week to April 5. The authority also…
Russia’s Crude Is Trading at $15 Above the Price Cap
Russia’s flagship crude grade, Urals, is currently being exported at a price of around $75 per barrel, per Argus Media data cited by Bloomberg—a price that’s $15 a barrel…
OPEC+ Faces Fork in the Road
OPEC+ once again extended its oil production cuts this month. The decision was anything but unexpected and, unlike previous production policy announcements, it had the desired effect on prices. However,…
U.S.’s New Hopes In Iraq Are Dashed As It Signs Longest Ever Gas Deal With Iran
Given its huge oil and gas reserves, strategically critical location in the heart of the Middle East, and its initial welcoming of the U.S. after the fall of President Saddam…
Latin American Geothermal Investments Set to Surge
Latin America boasts abundant geothermal energy resources, offering a promising avenue for clean energy production, decarbonization of industrial processes and bolstering energy security. Despite these favorable conditions, only…
Ukraine's War Effort May Get Boost from Frozen Russian Assets
The European Union is inching closer to a historic decision on using profits from Russian assets frozen by the bloc to help Ukraine. The Russian central bank's assets…
What Does Neom’s Downsize Means for Saudi Arabia’s Vision 2030?
The scaling back of the megacity project is attributed to budget constraints, with the Public Investment Fund's cash reserves dropping to $15bn in September 2023.Saudi Arabia has scaled…
Liberty Steel Unveils Ambitious Expansion Plans
Via Metal Miner Liberty Steel recently announced a restructuring plan for its operations in the United Kingdom after signing a new framework agreement…
Armenia's Shift West Draws Ire from Moscow and Baku
The European Union and United States are incentivizing Armenia to maintain its westward geopolitical shift. The growing EU-US role in supporting the country’s reform efforts is drawing a…
Energy Stocks Rally Under The Radar
Big Oil is trumping the Magnificent Seven on the stock market this year in an oil stocks rally that few had expected a few months ago. Energy stocks have…
Trafigura: AI Boom Could Spark a Copper Shortage
The chief economist at commodity trading giant Trafigura has warned the copper market could tighten further as a result of artificial intelligence. Speaking at the Financial…
