 |
Louisiana Light • 2 days | 74.72 | +0.96 | +1.30% | ||
|
Bonny Light • 1 day | 77.34 | +1.00 | +1.31% | ||
|
Opec Basket • 2 days | 75.96 | +0.72 | +0.96% | ||
|
Mars US • 8 hours | 72.84 | +1.43 | +2.00% | ||
|
Gasoline • 16 mins | 2.708 | -0.013 | -0.47% |
|
Bonny Light • 1 day | 77.34 | +1.00 | +1.31% | ||
|
Girassol • 1 day | 79.35 | +0.93 | +1.19% | ||
|
Opec Basket • 2 days | 75.96 | +0.72 | +0.96% |
|
Peace Sour • 24 hours | 67.16 | +0.86 | +1.30% | ||
|
Light Sour Blend • 24 hours | 68.46 | +0.86 | +1.27% | ||
|
Syncrude Sweet Premium • 24 hours | 77.41 | +0.86 | +1.12% | ||
|
Central Alberta • 24 hours | 66.76 | +0.86 | +1.31% |
|
Eagle Ford • 2 days | 69.39 | +0.92 | +1.34% | ||
|
Oklahoma Sweet • 2 days | 69.50 | +1.00 | +1.46% | ||
|
Kansas Common • 2 days | 63.25 | +1.00 | +1.61% | ||
|
Buena Vista • 2 days | 76.15 | -1.09 | -1.41% |
Cheap Russian Crude Is Replacing Middle Eastern Oil On India’s Spot Market
As cheap Russian oil makes…
The Problem With Converting CO2 Back Into Fuel
CO2 can be electrochemically converted…
Alberta Wildfires Still Sapping Crude Oil Production
The current hit to the…
News
Ford Unveils 3 Lithium Supply Deals For EV Push
Ford Motor Co has signed lithium supply deals with Albemarle, Nemaska Lithium, and EnergySource Minerals as the auto giant gears up to boost electric vehicle production to 2…
NEOM Obtains Funding For The World’s Largest Green Hydrogen Plant
NEOM Green Hydrogen Company, which is building the world’s biggest green hydrogen plant in Saudi Arabia, on Monday said it had reached the financial close on the world’s largest…
Houthis Sign Deal With China For Oil Exploration In Yemen
The Houthi-led government in Yemen this weekend signed a deal with Chinese officials and a Chinese company that will invest in oil exploration in Yemen. China’s Anton Oilfield Services…
U.S. And Australia Sign Clean Energy Pact
The United States and Australia agreed this weekend on a clean energy manufacturing pact with a focus on the energy transition and emissions reduction. The so-called Climate, Critical Minerals, and…
EU Plans To Jointly Buy Key Minerals And Hydrogen After Gas Purchase Success
The European Union will proceed with plans to establish joint purchases of critical energy transition minerals and hydrogen after the successful outcome of the first joint gas purchases on a…
Nigeria Launches New Giant Oil Refinery
Nigeria is today set to put into operation the Dangote refinery that the government hopes will alleviate a chronic fuel shortage that has turned Africa’s biggest oil producer…
IEA: New G7 Price Cap Pledge Unlikely To Impact Oil Markets
There will be no significant effect on oil prices from stricter enforcement of the price cap on Russian oil exports as supply will not change meaningfully. This is according to…
Trans Mountain Pipeline Needs More Funds
Canada's Trans Mountain Expansion crude oil pipeline needs more funds as construction costs have skyrocketed, Canada's federal government said on Friday. "Given the significant expenditures expected ... [Trans Mountain Corporation]…
Warren Buffett Buys Up Even More Occidental Petroleum
Warren Buffett’s Berkshire Hathaway bought additional shares in Occidental Petroleum this week, raising its stake in the U.S. oil firm to 24.4%, a regulatory filing shows. Berkshire Hathaway acquired…
Canada's Gasoline Prices Set To Rise As Driving Season Starts
Alberta's wildfires could shut in more oil production, adding to rising gasoline demand at the start of Canada's driving season this weekend and pushing gasoline prices in Canada higher, analysts…
New Mexico Accounted For 50% Of U.S. Oil Production Growth In 2022
New Mexico, home to part of the Permian basin, saw the highest crude oil production growth of any U.S. state last year, with output gains of 300,000 barrels per day…
China Steps Up Inspections On Old Oil Tankers
As the number of old oil tankers shipping Russian oil has soared, Chinese authorities in the Shandong province have increased the safety checks on old vessels arriving at the major…
ClientEarth Asks High Court To Reconsider Its Case Against Shell
ClientEarth, the environmentalist group that tried to sue Shell’s board of directors, will ask the High Court at an oral hearing to reconsider its decision to dismiss a case the…
U.S. Legislators Attempt To Ban Oil And Gas Exports
Three U.S. legislators have proposed a bill that would reimpose a ban on U.S. crude oil exports on the ground that this would benefit coastal communities, U.S. energy consumers as…
Saudi Arabia, Russia May Cut Production, But Don’t Expect Exports To Plunge
After releasing its impressive oil consumption data for March 2023, the latest production figures from the Joint Organisations Data Initiative (JODI) show that Saudi oil exports rose…
Russia's Finally Starting To Cut Oil Production
Russia's crude oil production should fall 350,00 barrels per day from February 2023 levels, reaching 10.709 million bpd, Kpler analysts said on Thursday in a note, indicating that the country…
Russia’s Oil Revenues Sag Due To Price Cap Says U.S. Treasury
Russia’s revenue from the sale of crude oil has sagged considerably since the implementation of the price cap by Western countries, the U.S. Treasury Department said on Thursday in a…
Chances Of World Reaching Net-Zero By 2050 Unlikely: Exxon
The likelihood of the world reaching net-zero carbon dioxide emissions by 2050 is remote, Exxon said in a U.S. Securities and Exchange Commission communication. The IEA's 2050 Net Zero Emissions…
Vietnam Faces Power Cuts Amid Heatwave
The biggest city in Vietnam, Ho Chi Minh City, is looking to conserve electricity usage amid a heatwave that has depleted water reservoirs for hydropower, the source generating around one-third…
Gazprom Plans To Have Record-High Natural Gas Stocks This Winter
As Gazprom’s natural gas exports and production drop, the Russian gas giant plans to have a record-high level of gas reserves in domestic storage during the next winter. Gazprom…
