 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 19 hours | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 45 mins | 2.735 | +0.001 | +0.03% |
|
Bonny Light • 19 hours | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 19 hours | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 18 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 18 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 18 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 18 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Profit Taking Is Putting Downward Pressure on Oil Prices
Oil prices fell this week…
China Tightens Hold on Iraq's Oil with Al-Faw Refinery Nearing Completion
China is finishing the Al-Faw…
Energy / Energy-General
Oilfield Services Feel The Pain As Crude Prices Drop
Last month, the world’s fourth-largest oilfield services company, Weatherford, said that it would begin financial restructuring to significantly cut its long-term debt of over US$7 billion. Weatherford expects the restructuring agreement…
Shell Vows To Pay Back A Whopping $125 Billion To Shareholders
Royal Dutch Shell is building a business with the potential to return US$125 billion or more in the form of dividends and share buybacks to shareholders between 2021 and the…
Is Trump Reversing Course On Iran?
The Trump administration is attempting to dial down the tension with Iran, lowering the risk of military conflict and pushing for diplomatic negotiations. On Sunday, U.S. Secretary of State Mike…
Building The World’s Largest Battery
When Tesla announced a 100 MW/129 MWh battery project in Australia, it was hailed as the world’s largest energy storage facility. Then Abu Dhabi upped the ante by…
Ethanol Industry Suffers Major Blow
Ethanol supporters were certain conditions for them would improve following Environmental Protection Agency (EPA) Administrator Scott Pruitt’s resignation. As Oklahoma’s Attorney General, Pruitt had sued the EPA over the Renewable Fuel Standard (RFS). As EPA Administrator, Pruitt…
China-Made Tesla Sells In 3-Minute Blitz
Tesla launched on Friday pre-orders for its China-made Model 3, pricing it well below the imported Model 3 and saying deliveries from the Shanghai factory will begin in six…
Saudis Pledge To Rebalance Markets After Price Plunge
After oil prices booked in May their worst decline in six months amid fears that trade wars would slow down global economic and oil demand growth, the price of…
Trump’s Multi-Front War That Spooks Oil Markets
President Trump decided to open up yet another front in his trade war, this time turning his sights on Mexico. Trump took to twitter on Thursday to announce a…
Can This Former Oil Giant Become Energy Independent?
Replacing diminishing reserves and guaranteeing domestic energy security are two of Indonesia’s policy priorities. As such, oil and gas exploration and development are key areas in which the government is…
The Bad Gas Deal That Brought Down A Prime Minister
Embattled Papua New Guinea (PNG) Prime Minister Peter O’Neil resigned on Wednesday, putting the country’s LNG development and a preliminary deal with French oil and gas major Total in…
Why Battery Metals Are Bafflingly Cheap
Oil is sometimes referred to as ‘black gold' while cotton is often called ‘white gold'. Now, with the global fight against climate change taking off, a similar interest is growing…
This Oilfield Services Company Is Significantly Undervalued
Oilfield service (OFS) companies have lost their luster, given the malaise that hangs over the oilfield service space at the present. Quite simply, the OFS space needs a catalyst to…
The Hidden Danger Behind ‘’Freedom Fuel’’
Oil & Gas: Cheap Tricks As of this week, we are the proud producers of “freedom fuel”, the successor, it would seem, to “freedom fries”; or going back to the…
Warning Signs Are Flashing For U.S. Oil
Friday May 31, 2019 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
The Implications Of Falling Interest Rates For Energy Investors
Inversion is back in the news. Treasury yields have been falling dramatically over the last week or so, with yield on the 10-Year Treasury Note falling to below 2.2% for…
Oil Tanks On Fears Of U.S., Mexico Trade War
Oil prices continued to plunge on Friday morning after U.S. President Trump announced new tariffs against Mexico, forcing its southern neighbor to take harsher measures against illegal immigration
Rising Oil Rig Count Pressures Oil Prices Further
The the number of active oil and gas rigs rose slightly in the United States this week according to Baker Hughes, after a string of losses in the weeks prior,…
Can Canada Become Energy Independent By 2030?
Andrew Scheer—leader of Canada’s Conservatives who are currently in opposition but leading Liberals in the polls ahead of the October federal elections—has recently outlined his vision for Canada that…
The No.1 Reason Why Investors Are Shunning Energy Stocks
The uncertainty about the U.S.-China trade tension and the future of global oil demand for the rest of the year have resulted in many investors staying away from energy exchange…
Shale Drillers Keep On Falling Into The Same Trap
Despite the hype of lower breakeven prices, and despite the hype around longer laterals, energy digitalization, and other technological breakthroughs, most shale companies are still not profitable. In fact,…
