 |
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 • 2 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 • 10 hours | 72.28 | +0.69 | +0.96% | ||
|
Light Sour Blend • 10 hours | 72.28 | +0.69 | +0.96% | ||
|
Syncrude Sweet Premium • 10 hours | 79.18 | +0.89 | +1.14% | ||
|
Central Alberta • 10 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 2
Rystad: OPEC's Oil Reserves are Much Lower Than Officially Reported
Rystad Energy’s latest research shows global recoverable oil reserves held largely steady at around 1,500 billion barrels, down some 52 billion barrels from our 2023 analysis. Of this year-over-year decrease,…
Centrica's Profits Decline Amid Return to Market Normalcy
The owner of British Gas, Centrica, has blamed “normalising” market conditions after two years of bumper results for its heavy slide in profit…
U.S. Hits Record High Electricity Generation From Natural Gas
On July 9, 2024, U.S. power plant operators in the Lower 48 states generated 6.9 million MWh of electricity from natural gas, marking a record high since the collection of…
Oil Prices Tank on Fears China’s Rate Cuts Herald Demand Weakness
Oil prices were trading down nearly 2% in early-morning trading on Thursday, with markets attempting to digest the impact of lagging Chinese consumption on other positive U.S. inventory…
Iranian Oil Exports Have Risen Sharply, Facilitated By Malaysia
Back in February, three U.S. service members were killed in Jordan, while more than 40 other soldiers were injured following a drone attack on a U.S. military base near…
Net-Zero Ambitions Hit Major Roadblocks in Europe, UK, and US
The push to a net-zero emissions future has made governments pledge billions, potentially trillions, in funding for various initiatives, projects, and whole industries. Yet transition targets touted so proudly in…
U.S. Refiners Q2 Results Expected to Dull on Dampening Demand
U.S. oil refiners are expected to report a significant downturn in Q2 2024 earnings from a year ago, largely thanks to a tepid summer driving season that has taken a…
Inside the High-Stakes Battle for Nuclear Fusion Supremacy
The race is on to unlock a technology capable of creating scalable, commercial nuclear fusion. Nuclear fusion has been viewed as the elusive ‘holy grail’ of energy for a century…
Unaffordable Prices and Elevated Interest Rates Impact New Car Demand
Auto dealers are seeing an uptick in inventory while many consumers remain on the sidelines, deterred by the toxic combination of high interest rates and elevated inflation. In…
The Rise of the Middle Corridor Trade Route
In the heart of Eurasia, a new trade route made up of thousands of kilometers of roads, railroads, and ports is emerging to better connect China to Europe…
NIMBY: The Battle for Britain’s Clean Energy Future
The energy sector is very used to a “not in my back yard” (nimby) backlash from communities opposing new projects, following decades of protests worldwide against fossil fuel and renewable…
Net-Zero Targets Could Double Yearly Copper Demand by 2035
Via Metal Miner By now, the world knows that although the current global copper reserves are sufficient…
COP29 Host Aims to Raise $1 Billion for New Climate Fund
In line with global green transition aims, pressure is increasing to support developing countries around the globe to tackle climate change and develop their renewable energy capacity. The COP29 host…
Oil Moves Higher on Crude, Fuel Inventory Draw
Crude oil prices ticked higher today after the U.S. Energy Information Administration reported an inventory decline of 3.7 million barrels for the week to July 19. This
Tesla to Focus on Autonomy and AI as Earnings Disappoint
Amid softer EV demand and worsening profit margins this year, Tesla is setting its sights on AI as Elon Musk is betting more on self-driving and artificial intelligence. The AI…
Kuwait Looks To Nearly Double Production After Major Oil Find
A week ago, Kuwait Oil Company (KOC) announced a significant discovery of light oil and associated gas in the offshore Al-Nokhatha field. KOC said that the field, located east…
Harris Presidency Will Be Bad News for Oil
Kamala Harris looks like the frontrunner for the Democratic nomination for the November vote. Based on her track record as California attorney general and as vice president, this is going…
The West Aims to Rebuild Influence in Middle East Energy Hub with LNG Deals
The last few days have seen the U.K.’s Shell and BP, Japan’s Mitsui, and France’s TotalEnergies each take a 10 percent stake in the huge Ruwais LNG (liquefied natural gas)…
The Price of Oil Expansion in Argentina
Interest in Argentina’s mineral resources has risen significantly in recent years, as demand for critical minerals continues to increase, which has attracted high levels of investment in the country’s mining…
U.S. Electricity Prices Surge Amid Grid Strains and Rising Demand
U.S. consumers are set to pay higher electricity bills as power providers raise investments in much-needed grid improvements amid an old power system that is not designed to cope with…
