 |
Louisiana Light • 5 days | 73.63 | -1.24 | -1.66% | ||
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Bonny Light • 1 day | 71.86 | -3.57 | -4.73% | ||
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Opec Basket • 4 days | 75.85 | -0.70 | -0.91% | ||
|
Mars US • 11 hours | 67.72 | -2.70 | -3.83% | ||
|
Gasoline • 10 mins | 2.510 | +0.028 | +1.11% |
|
Bonny Light • 1 day | 71.86 | -3.57 | -4.73% | ||
|
Girassol • 1 day | 74.65 | -3.56 | -4.55% | ||
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Opec Basket • 4 days | 75.85 | -0.70 | -0.91% |
|
Peace Sour • 2 hours | 61.37 | -3.05 | -4.73% | ||
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Light Sour Blend • 2 hours | 62.67 | -3.05 | -4.64% | ||
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Syncrude Sweet Premium • 2 hours | 71.62 | -3.05 | -4.08% | ||
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Central Alberta • 2 hours | 60.97 | -3.05 | -4.76% |
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Eagle Ford • 4 days | 66.65 | -1.12 | -1.65% | ||
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Oklahoma Sweet • 4 days | 66.75 | -1.00 | -1.48% | ||
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Kansas Common • 4 days | 61.50 | -0.50 | -0.81% | ||
|
Buena Vista • 11 days | 76.40 | +1.64 | +2.19% |
Breaking News:
Article Archive | Page 6
The Debt Ceiling Drama Ended Well For The Energy Industry
The debt ceiling drama (farce?) has ended. Having manufactured a crisis that could have tanked the economy, our legislators solved the problem and took credit for their statesmanship,…
OPEC+ Discussing 1 Million Bpd Output Cut
Oil prices were trading up on Friday afternoon as shorters got a little nervous heading into the OPEC+ weekend, with new rumors circulating about the group’s discussions about another 1…
U.S. Exports Of LNG Dip In May
LNG exports out of the United States fell in May to 7.66 million tonnes, according to shipping data cited by Reuters. That’s a 0.35 million tonne dropoff from the previous…
Oil Prices Climb As U.S. Rig Count Sees Another Double-Digit Decline
The total number of total active drilling rigs in the United States fell by 15 this week, according to new data from Baker Hughes published Friday, falling by 52 over…
Jaguar Recalls Thousands Of I-Pace EVs Over Fire Risk
Jaguar Land Rover (JLR) is recalling 6,400 I-Pace electric SUVs delivered to the US because the high-voltage electric battery may overheat and catch fire. The documents posted…
The Market Expects OPEC+ To Keep Oil Production Unchanged
OPEC+ is not expected to announce a change in oil production policy at the in-person meeting this weekend, OPEC+ delegates told CNBC ahead of the much-anticipated gathering. It is…
Trading Crude With A Short Bias
In the last week of April, I wrote in these pages that even though the chart for crude futures (CL) was flashing a buy signal, fundamental factors had a bearish…
Oil Demand Outlook Remains Uncertain Ahead Of OPEC Meeting
Ahead of the upcoming OPEC+ meeting, July WTI oil prices saw a significant increase on Thursday, offsetting rising inventories in the US. The passing of a bill to suspend the…
Japan's Efforts To Reduce Its Reliance On LNG
1. Exxon Sees Future in Chinese PetrochemicalsDespite a dramatic worsening in the US-Chinese relationship in…
What Erdogan's Reelection Means For Sweden's NATO Bid
Politics, Geopolitics & Conflict It’s official: Erdogan will remain president of Turkey for five more years after the results of a “free and fair” election, at least if you fail…
Oil Markets On Edge Ahead Of OPEC Meeting
The OPEC+ chatter this week is unbearable. Analysts, traders, and media alike have spent considerable time reading tea leaves to determine what course OPEC+ will take at its…
Bullish Sentiment Is Building In Oil Markets Ahead Of OPEC Meeting
Oil prices were up on Friday morning after the U.S. debt ceiling was lifted and the risk of U.S. default was removed from markets. All eyes will now turn to…
India's Imports Of Russian Oil Hit A Record High
India’s oil imports from Russia continue to surge as cheaper Russian crude exports find more and more buyers in the world’s third-largest crude oil importer. India shattered its previous records…
Oil Prices Jump After Senate Passes Debt Ceiling Bill
After dipping on news of another U.S. inventory build, crude oil prices rebounded after Senate voted to pass a debt ceiling bill that ended fears of a U.S. debt default.…
U.S. Crude Joins Biggest Oil Benchmark
Starting today, U.S. oil will be part of the Brent crude basket that underlies the world's most traded benchmark contract. It will be the first non-European grade included in the…
The Commodity Price Bubble Has Finally Burst
The epic commodity bull run that took off three years ago and saw commodity prices hit multi-decade highs has finally collapsed. From oil, gas and wheat to lithium,…
Nuclear Power May Become Crucial In Decarbonization Efforts
Nuclear power generation could help the world decarbonize energy amid growing global demand for electricity with the ‘electrify everything’ push, including in transportation. The energy crisis of the past year…
The Future Of Colombia’s National Oil Company Ecopetrol Is At Risk
Despite a long history of being Latin America’s best-managed national oil company Colombia’s Ecopetrol is swamped by uncertainty. For over a decade, the integrated energy major has been battling to…
The Grid Needs A $20 Trillion Upgrade To Support Energy Transition
For the energy transition to happen, the world needs massive grid overhauls. This message has been overlooked for years as wind and solar stole the limelight, but now it’s back…
Five Niche Commodities Reflecting China's Faltering Economic Rebound
China's economic recovery from draconian zero-Covid controls is faltering. Investors had very high hopes earlier this year that the world's second-largest economy would roar back to life and help offset…
