 |
Louisiana Light • 1 day | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.702 | -0.012 | -0.43% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 10 mins | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 10 mins | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 10 mins | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 10 mins | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 1 day | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 1 day | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
Megamerger Mania Set To Shake Up Latin America’s Oil and Gas Industry
Enauta's strategic acquisitions and proposed…
OPEC+ Rules in an Increasingly Tight Oil Market
The market is growing increasingly…
Energy / Crude Oil
Oil And Gas Is Under Attack In Latin America
“The energy reform has a lot of benefits to the country, to the people, so the worst case scenario in my point of view is that the speed that we…
The Mysterious Chinese Company Looking To Buy Rosneft
When a little-known private Chinese company said in September 2017 that it would be buying 14 percent in Rosneft, many analysts were wondering how an obscure fuel trading company rose…
Is Arctic Drilling The Key To U.S. Energy Dominance?
Energy dominance is a term that has become almost synonymous with Trump’s administration. On the face of things, it may seem that the term requires no further analysis for a…
U.S. Oil Export Boom Boosts Pipeline Demand
The U.S. could add around 4 million barrels per day (mb/d) of additional supply in the coming years, and most of it will be shipped abroad, turning the U.S. into…
The Only Oil Major Not Buying Into The Permian
The Permian has been attracting independent U.S. drillers and oil majors who want to capitalize on short-cycle returns in the world’s hottest shale play, but one of the world’s supermajors…
Malaysian Petronas Sees Profits Rise By 91%
Malaysian state-owned oil and gas giant Petronas is back in the game. After a series of steps or rather missteps, including being involved in high profile corruption scandals and after…
Oil Prices Rebound After EIA Reports Build In Crude Inventories
The Energy Information Administration reported a 2.4-million-barrel build in crude oil inventories for last week. The report’s out a day after the S&P 500 futures dropped 1 percent on…
Shale Pioneer Issues Warning To U.S. Drillers
U.S. shale has effectively upended the oil industry, with predictions that total U.S. oil production will surpass Saudi Arabia’s output this year, in turn rivalling Russia’s to become the…
U.S. Sets New Monthly Oil Production Record
In a recent post, I wrote that the U.S. would almost certainly set a new oil production record this year. I noted that the most recent data from the Energy Information Administration (EIA)…
Nigeria Can Produce Oil At $20 A Barrel
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Shell Outsmarts Competition In The Gulf Of Mexico
Mexico’s latest deepwater auction in the Gulf of Mexico at the end of January was a success. It was a success for Shell, too: the Anglo-Dutch oil major snapped up…
Canadian Crude Could Remain ‘Cheap’ For Years To Come
The amount of oil available for export from Canada exceeded its takeaway pipeline capacity by about 310,000 bpd at the end of 2017, forcing steep discounts for Canadian oil. The…
Can Russia & China Rescue Venezuela?
"The imposition of U.S. oil sanctions is now edging closer to reality. Such a move would act as the death knell for Venezuela's oil industry," PVM Oil Associates’ Stephen Brennock said…
Where Do Oil Markets Go After The OPEC Deal?
Lately, oil markets have been finely balanced. Both the bulls and bears can make a compelling argument for their respective cases. Russia has vowed not to flood the oil…
One Of The World’s Largest Crude Storage Facilities Has Been Emptied
I've had some great interactions with readers lately, be it via blog comments or on Twitter. These discussions inevitably spur on a topic or two to dig into. Hence a recent…
Iran Could Lose 500,000 Bpd If Trump Trashes Deal
Declining oil production from Venezuela is all but assured this year, but another OPEC member presents another supply risk to the market: Iran. Conflict between the U.S. and Iran is…
U.S. Sanctions Could Be The Final Nail In The Coffin For Venezuelan Oil
The White House is looking at slapping sanctions on a Venezuelan oil services company while also restricting insurance for oil shipments from the South American country, among other possible measures,…
EIA’s Shocking U.S. Oil Production Predictions
Between 2010 and 2015, annual oil production in the U.S. grew by four million barrels per day (BPD). Production dipped in 2016, but then U.S. crude oil production again rose…
Exxon Withdraws From Most Russian Exploration Projects
Exxon has decided to withdraw from most of its joint oil and gas exploration activities with Russian Rosneft, giving in to the pressure of U.S. and EU sanctions against…
U.S. Looks To Dethrone Russia As Top Oil Producer
Just a few years ago, hardly anyone expected that that the U.S. would be competing with the world’s top oil producers for the number 1 spot. Yet, thanks to the…
