 |
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 | 2.165 | +0.036 | +1.70% |
|
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 • 3 hours | 58.33 | -1.89 | -3.14% | ||
|
Light Sour Blend • 3 hours | 62.83 | -2.04 | -3.14% | ||
|
Syncrude Sweet Premium • 3 hours | 69.18 | -2.69 | -3.74% | ||
|
Central Alberta • 3 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% |
Oil Price Rally Reverses Despite Tightening Market Fundamentals
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Energy
Tesla's €25,000 EV Set For Berlin Production
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A Less Hawkish Fed Could Jumpstart The Oil Price Rally
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World's Biggest Shipper Cuts 10,000 Jobs
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U.S. Rig Count Takes A Dive
The total number of active drilling rigs in the United States fell by 7 this week after climbing by 1 last week, according to new data that Baker Hughes published…
U.S. Forges First Link Of Lithium Supply Chain In West Africa
Last year, the U.S. federal government began talking about building supply chains for the energy transition. Many saw this as a better-late-than-never moment after China had essentially cornered every transition-related…
Europe's Gas Storage Hits Record High But Winter Worries Persist
Earlier this week, reports emerged that Chevron was negotiating LNG deliveries for the European Union, looking at contract terms of 15 years. The news followed three other long-term deals that…
Japanese Scientists Reinvent Fuel Cells With Graphene Breakthrough
A University of Tsukuba research team has successfully developed a new method that can prevent the crossover of large fuel molecules and suppress the degradation of electrodes…
Can The West Catch Up To China In The Clean Energy Race?
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How The U.S. Is Pumping More Oil With Fewer Rigs
Despite the falling and flatlining rig count, U.S. crude oil production managed to hit a monthly record-high in August 2023, boosted by productivity gains and more efficient operations. …
Green Energy Firms Grapple With Profit Plunge As Market Conditions Sour
Stocks of both solar and wind energy companies are falling due to high supply chain costs, project delays, and weakening demand, according to several renewable energy companies. Despite a strong…
Can Solid-State Batteries Solve The EV Revolution’s Biggest Problem?
As most major players and many new startups venture into the world of electric vehicles (EVs), many are racing to develop a solid-state battery that could vastly improve performance and…
Will Petrochemicals Continue To Drive Oil Demand?
Petrochemicals have been driving oil demand in recent years but that could all change if new restrictions come into place to curb the production of plastics and other products. The…
Africa’s Geothermal Power Sector Set To Overtake Europe
Africa’s geothermal sector will attract at least $35 billion in investments by 2050, showing the critical role geothermal is set to play in meeting the continent’s rapidly growing…
What The U.S. Could Learn From European Power Infrastructure
A great deal of energy infrastructure has failed worldwide when confronted with extreme weather events due to the unpreparedness of many countries for the effects of storms, wildfires, flooding and…
Argentina's Energy Crisis Escalates As Fuel Prices Skyrocket
In a world where some commentators speculate that there is a glut of energy and distillate products as a result of high oil prices, sliding China demand and…
Oil Prices Climb As Interest Rates Remain Unchanged
After falling for the first three days of the week, oil prices have started to recover after both the Federal Reserve and Bank of England decided not to hike interest…
Oil Prices Rise On Fed Decision And Geopolitical Risk
Thursday's Market Action Reflects Fed's Rate Move Oil markets witnessed notable activity on Thursday, directly responding to the Federal Reserve's stance on interest rates. Brent crude futures rallied by…
Uncertainty Surrounds Oil Demand Growth In 2024
1. 2024 Demand Outlook Remains Murky as Forecasters Contradict One Another- As political narratives continue…
The U.S. May Reimpose Sanctions On Venezuela
Politics, Geopolitics & Conflict While Israel’s Tamar gas field remains shut down due to the conflict with Hamas, Israeli gas flows to Egypt have now resumed (according to Bloomberg sources)…
Why Oil Prices Are Likely To Climb From Here
One of the things that has always appealed to me about the energy sector from a trading and investing perspective is that it usually isn’t correlated with the US stock…
