 |
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 • 9 hours | 72.84 | +1.43 | +2.00% | ||
|
Gasoline • 16 mins | 2.704 | -0.017 | -0.64% |
|
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 • 35 mins | 68.59 | +1.43 | +2.13% | ||
|
Light Sour Blend • 35 mins | 69.89 | +1.43 | +2.09% | ||
|
Syncrude Sweet Premium • 35 mins | 78.84 | +1.43 | +1.85% | ||
|
Central Alberta • 35 mins | 68.19 | +1.43 | +2.14% |
|
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% |
Breaking News:
Article Archive | Page 3
Guyana's Oil Boom To Gain Momentum In Second Half Of 2023
The impoverished South American micro-state Guyana is in the midst of an epic oil boom which has seen the former British colony emerge as the hottest frontier offshore drilling region.…
The Automation Of Public Transport Is Underway
There has been a lot of hype around autonomous driving in recent years, with several autonomous passenger vehicles being tested across cities worldwide. But when it comes to public transport,…
U.S. Shale Production Is Set For A Rapid Decline
I have argued in several Oilprice articles, and most recently in February 2023, that the era of increasing output from shale wells did not have much…
Why The Middle East Will Be Vital In Any U.S.-China Conflict
If the United States and China ever enter into conflict, one of the key battlegrounds could be the Middle East. China has been busily trying to shore up its energy…
U.S. At Risk Of Blackouts This Summer
Extreme weather this summer will strain the U.S. power grids, putting two-thirds of North America at risk of electricity shortfalls this summer during periods of peak demand on the hottest…
Can Turkmenistan Become An Important Gas Supplier For Europe?
In recent months, traditionally isolationist Turkmenistan has begun to make efforts to open up more to the outside world. As a result, intense competition has ensued…
Is It Time To Take Green Methanol Seriously?
Methanol is widely used around the globe, with industrial applications for plastics, paints, car parts, and construction materials. It can also be used to fuel cars, trucks, buses, ships, fuel…
The Race To Secure Long-Term LNG Contracts
Global LNG inventories may be at a record high amid weak demand but serious buyers are looking forward and sealing long-term supply deals to secure enough LNG for…
Alberta Wildfires Still Sapping Crude Oil Production
Raging wildfires in Canada could shave off 0.1%-0.3% of the country’s real gross domestic production this month, according to an estimate from ATB Financial. The number of wildfires grew on…
U.S. Drilling Rigs Swing To Annual Loss For First Time In Years
The total number of total active drilling rigs in the United States fell by 11 this week, according to new data from Baker Hughes published Friday, after falling by 17…
The Death Of Fracking In Colombia
Colombia’s beleaguered oil industry is facing a series of volatile headwinds as it struggles to return to a pre-pandemic tempo of operations. Petroleum output despite rising during March 2023 to…
G7 Urged To Take The Lead In Phasing Out Fossil Fuels
Several countries, including the Netherlands, Chile, and New Zealand, are calling on the G7 to lead by example and take the lead in phasing out fossil fuels, according to a…
Oil Prices Climb As Bullish Sentiment Builds
While it may still be too early to say if sentiment in oil markets has completely shifted, signs that the U.S. will avoid a default and that oil markets are beginning…
Bank Of America Sees Oil Prices Heading Toward $90 This Year
Oil prices will return to above $80 per barrel in the second half of this year and could continue rising toward $90 due to a deepening supply deficit, Francisco Blanch,…
Bearish Sentiment Keeps Traders From Going Long On Crude
The June WTI crude oil futures contract witnessed fluctuations throughout the week, responding to various factors. Despite solid U.S. economic data that fueled a stronger dollar and raised expectations of…
Oil Majors Face Tough Choices Ahead Of Shareholder Meetings
1. OPEC Lambasts Anti-Oil Sentiment, Warns of Underinvestment- OPEC+ compliance with its collective targets keeps…
Russia And Iran Plan To Challenge The Suez Canal With New Trade Corridor
Politics, Geopolitics & Conflict While the battle rages on in Sudan between the military and a paramilitary group called the Rapid Support Forces (RSF), the big question for oil market…
Why The Market Didn't React To The Latest SPR News
On Monday, the US Department of Energy announced that it will begin buying crude oil to restock the Strategic Petroleum Reserve (SPR), the level of which hit a multi-decade low…
Why Erdogan Is Expected To Win Turkey's Presidential Runoff
With Turkey’s presidential and parliamentary elections heading into a run-off vote on May 28th, Erdogan has the new god of selective censorship (Elon Musk on his Twitter throne)…
Oil Prices Set For Their First Weekly Gain In A Month
Crude oil prices look set to record their first weekly gain since mid-April as sentiment about future demand improves amid signs there may be progress on the debt ceiling negotiations…
