Energy Prices (Daily Change)
| Up/Down | Price | Change | |
|---|---|---|---|
| Crude Oil | ↑ | 86.52 | +2.89 |
| Heating Oil | ↑ | 3.5358 | +.1667 |
| RBOB Gasoline | ↑ | 2.6830 | +.1701 |
| Natural Gas | ↑ | 6.837 | +.367 |
All prices updated at end of day using CME settlements.
Yesterday’s rally unfolded as markets are in more of a sell-the-rally mode than buy-the-dip.
Energy Macro is brought to you by:
Despite the dip in oil prices following interest rate hikes by the Fed geared towards slowing the economy, prices remain elevated in general.
+Residential and commercial natural gas prices reach multiyear highs in 2022 – EIA
+Explainer: Why are fuel prices rising again in some US regions – Reuters
Macro Energy
+Saudi Aramco chief sounds alarm over global oil capacity – FT
+US oil groups urge Biden to take fuel export ban off the table – Reuters
Macro Economy
+Russian oil price cap would save emerging markets billions, US says – FT
+US job openings fell in August – WSJ
+IMF warns funds with illiquid assets pose risk to financial stability – FT
Energy Transition
+California wells run dry as drought depletes groundwater – AP
+Why $100 per ton is the carbon removal holy grail – Protocol
+The best policies to help coal towns weather the switch to renewables – Canary Media
The power sector is the tail that’s waving the economic dog. Learn more about the critical power sector with our Power 101 courses.
Other News
+How do you choose which endangered species to save? – WSJ
Learn More
Popular Learning Resources
What is the difference between Upstream and Downstream?
Energy 101
Whether its oil and gas, power, or renewables, EKT Interactive’s Energy 101 course series has you covered.
These courses were developed with input from industry SMEs and corporate clients. This combination ensures you get the best information, concisely delivered to save time.
Learn more about our courses here:
Oil 101 | Power 101 | Renewables 101
