 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 24 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 • 11 mins | 2.744 | +0.010 | +0.35% |
|
Bonny Light • 24 hours | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 24 hours | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 23 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 23 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 23 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 23 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…
Magnesium Battery Breakthrough Could Challenge Lithium-Ion Dominance
Tohoku University researchers have developed…
Energy / Energy-General
Oil Rig Count Falls Amid Oil Price Correction
The the number of active oil and gas rigs fell again in the United States this week according to Baker Hughes, after a string of losses in…
The Next $4 Trillion Democratic Party Climate Change Plan
Former Maryland Congressman John Delaney has become the latest in a growing list of Democratic presidential candidates pledging trillions in climate change fighting initiatives, CNN reports, citing Delaney’s US$4-trillion…
How Trump And Xi Killed The Oil Rally
WTI fell below $60 per barrel for the first time in two months, dragged down by growing fears of a global economic slowdown. Oil had been
U.S. Energy Storage Capacity Set To Double This Year
U.S. grid-connected energy storage capacity this year is set for a twofold increase to 712 MW from 376 MW last year. What’s more, between 2019 and 2024, storage capacity will…
Moscow May Use ‘Nuclear Option’ In European Gas Race
The competition for a stake in the European gas market is heating up in 2019, which promises to be an important year. The outcome of this contest will have a…
The Oil Price Tug Of War
Oil markets are moving sideways this week and passively digesting a massive amount of bullish and bearish news. Perhaps it was simply time for a break? Did the world’s oil…
Libyan Oil Industry Stable Despite ISIS Return
Libya’s estimate for its April oil revenues came in as one of its best in a long time, suggesting that the stalemate between the GNA and LNA is yet to…
The Trade War Is Transforming Oil Markets
The increase of US tariffs on goods imported from China in May and the Chinese response – higher tariffs on a further $60 billion of US exports to China –…
The Top Contender For Oil And Gas Country Of The Year
It is not uncommon to see renowned magazines and journals name “people of the year” for outstanding achievements in various spheres of social, political and scientific life. Time has named…
Global Oil Markets Bullish Despite Bearish Inventory Data
As the US-China trade war seems to be spiraling out of control, not even the renewed conflict potential in the Middle East and ever-tight physical crude supply were enough to…
Natural Gas Prices In The Permian Flip Negative Again
Natural gas prices at the Waha hub in West Texas are negative again this week, for the first time since plunging to an all-time low of minus $4.28 per million…
Bearish EIA Data Sends Oil Lower
As confusion among oil traders persists regarding where oil prices are going to go from here, the Energy Information Administration scored one for the bears by reporting a crude…
The Fear Driven Oil Price Rally Won’t Last
Over the past week, oil prices have trended higher as concerns about escalating U.S.-Iran and Iran-Saudi standoffs have overshadowed bearish-side concerns about the U.S.-China trade war and slowing global economic…
Permian Pipeline Protesters May Face Decade Behind Bars
If you protest an oil or gas pipeline in Texas, you could face up to 10 years in prison. The bill on the verge of becoming law in Texas would…
Tesla Faces ‘’Herculean Task’’ As Share Price Tanks
A spike in doubts about Tesla’s ability to deliver on its financial performance targets has caused a more than 20-percent drop in its stock, with nine of the ten days…
Oil Markets In Limbo After OPEC+ Meeting
Oil was flat at the start of trading on Tuesday, still caught between U.S.-Iran tensions on the one hand, and the downside risk of the U.S.-China trade war.
OPEC+ Top Priority: Don’t Crash Oil Prices
OPEC+ is considering increasing production in the second half of 2019, as the oil market tightens following a series of major outages. OPEC+ met…
The Overlooked Factor That Could Send Oil To $50
It’s been almost three-and-a-half years since global oil prices dipped to precarious levels for major oil producing nations. Oil prices had plunged from more than $100 per barrel in mid-2014…
Back To The Future: Labor Party Looks To Renationalize UK Utilities
The British Labor Party, headed by Jeremy Corbyn has announced plans to re-nationalize the nation’s electric, gas and water utilities that were privatized by Prime Minister Margaret…
Oil Industry Banks On Shaky Plastic Bet
Even as oil demand is beginning to weaken this year due to a brewing economic slowdown, the oil industry faces a longer-term threat to oil demand as bans on plastic…
