 |
Louisiana Light • 1 day | 78.00 | -2.16 | -2.69% | ||
|
Bonny Light • 1 day | 81.20 | -2.15 | -2.58% | ||
|
Opec Basket • 1 day | 84.27 | -2.23 | -2.58% | ||
|
Mars US • 6 days | 79.71 | -2.05 | -2.51% | ||
|
Gasoline • 10 mins | 2.166 | +0.038 | +1.77% |
|
Bonny Light • 1 day | 81.20 | -2.15 | -2.58% | ||
|
Girassol • 1 day | 81.54 | -2.27 | -2.71% | ||
|
Opec Basket • 1 day | 84.27 | -2.23 | -2.58% |
|
Peace Sour • 2 hours | 58.33 | -1.89 | -3.14% | ||
|
Light Sour Blend • 2 hours | 62.83 | -2.04 | -3.14% | ||
|
Syncrude Sweet Premium • 2 hours | 69.18 | -2.69 | -3.74% | ||
|
Central Alberta • 2 hours | 59.73 | -1.64 | -2.67% |
|
Eagle Ford • 1 day | 71.81 | -2.04 | -2.76% | ||
|
Oklahoma Sweet • 1 day | 71.75 | -2.00 | -2.71% | ||
|
Kansas Common • 2 days | 67.50 | -3.50 | -4.93% | ||
|
Buena Vista • 3 days | 87.02 | +0.31 | +0.36% |
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News
Egypt Can’t Ramp Up LNG Supply To Europe Due To The Hamas-Israel War
Europe shouldn’t count on Egypt for more LNG in the short to medium term amid tight natural gas balances in the Eastern Mediterranean after the Hamas-Israel war erupted, the Oxford…
Africa’s Biggest Refinery Is Still Months Away From Full Production
The Dangote Refinery in Nigeria, Africa’s biggest, with a capacity of 650,000 barrels per day (bpd), has been commissioned, but full-scale production, including production of gasoline for Europe,…
Oil Companies Want Kurdistan Payment Issue Settled Before Resuming Exports
The international oil companies operating in Iraq’s semi-autonomous region of Kurdistan will not be producing oil for exports until they have clarity about overdue and future payments and…
China’s Independent Refiners Look To Boost Output
Authorities in the province home to most of China’s independent refiners have asked the central government to allocate additional quotas for fuel oil imports as the refiners look…
Shell Sues Greenpeace For Boarding Oil Production Vessel
Shell is suing Greenpeace for millions of dollars in damages after the environmentalists boarded early this year a vessel in the Atlantic en route to a future oilfield…
Insurers Continue To Back Oil And Gas Projects Despite Climate Risk
Despite soaring payouts for climate-related disasters, the global insurance industry continues to back projects to increase oil and gas production, the Insure Our Future campaign said in a…
Pioneering Nuclear Project Gets Canceled After Costs Surge
The first nuclear power project in the U.S. featuring a small modular reactor has been canceled after a 53% surge in costs. The company behind it, NuScale Power…
Hedge Fund Boss Calls For More Investment In Nuclear Power
Ken Griffin, founder and chief executive of hedge fund Citadel, has called for more investment in nuclear power in the West. “China is one of the few countries making a…
U.S. Works With Partners On New Arctic LNG 2 Sanctions
Washington is working closely with partner countries on the enforcement of the latest round of sanctions against a Russian entity—Novatek’s Arctic LNG 2 project. This is according to…
Despite New Talks, Iraqi Kurdish Oil Not Close To Resuming Exports
Iraqi federal government officials have met with the Kurdistan region’s petroleum association to discuss the resumption of KRG crude flows through the Ceyhan pipeline to Turkey, which has been offline…
Nigeria Launches New Crude Oil Grade To Boost Exports
Nigeria’s state-run NNPC has officially launched a new grade of crude oil, Nembe, in an attempt to undo the damage from long-running thefts and attacks in the country’s Niger Delta…
UK Dishes Out More Sanctions On Russia’s Oil, Gold Players
The United Kingdom sanctioned on Wednesday another 29 individuals and entities that are supporting Russia’s oil and gold sectors, adding to the list of 1,800 individuals and entities that have…
Barclays Slashes $4 Off Brent Crude Oil Forecast For 2024
Barclays has slashed $4 off its 2024 Brent crude forecast, pricing in expected higher export production from Venezuela and the U.S. supply and demand outlook. The London-based bank is now…
Western Firms Discuss Premium Pricing For Key Metals
Some companies from Australia, Canada, and Germany are seeking premium pricing for their critical metals as they plan to help reduce the West’s dependence on China in the…
TC Energy Tops Earnings Estimates On Strong Natural Gas Demand
Canada’s pipeline operator TC Energy Corporation reported on Wednesday higher-than-expected earnings for the third quarter amid strong utilization rates of its natural gas pipelines. TC Energy earned US$0.73 (C$1.00)…
Woodside Expects Global LNG Demand Growth To Continue
Global LNG demand will continue to grow in the foreseeable future, driven by Asia’s rising consumption, the need for security of energy supply, and decarbonization, Australia’s major Woodside Energy Group…
Russian ESPO Crude Oil Is Now Trading At A Discount To Brent
Russia’s ESPO crude blend has slipped to a discount to Brent for December loadings to China amid lower Chinese demand and higher freight costs, Reuters reported
IEA Sees Latin America Playing A Key Role In The Global Energy Transition
Latin America is poised to play an increasingly important role in the global transition to cleaner energy sources, the International Energy Agency (IEA) said on Wednesday in its…
UN Report: Fossil Fuel Production Plans Are Not Aligned With Climate Goals
Plans for fossil fuel extraction by 2030 reveal that production of oil, natural gas, and coal would be more than double than what would be consistent with limiting…
Higher Oil Output Pushes Occidental Petroleum Q3 Profits Up
Higher crude oil production helped Occidental Petroleum book a profit increase for the third quarter of the year, beating analyst expectations. The company reported adjusted…
