 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 19 hours | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 3 hours | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 19 hours | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 19 hours | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 18 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 18 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 18 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 18 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 2 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 2 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 3 days | 87.23 | -0.55 | -0.63% |
Breaking News:
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Researchers Develop Revolutionary Cathode Material for Lithium-Sulfur Batteries
Researchers at the University of…
Energy / Energy-General
U.S. Shale Is Entering A Post-Expansionary Phase
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U.S. Rig Count Soars Despite Plunging Oil Prices
Baker Hughes reported a large 14-rig increase for oil and gas in the United States this week, bringing the total number of active oil and gas drilling rigs to 1,081…
Goldman Sachs Sees An Oil Supply Crunch Looming
The oil market could tip into a shortage in the 2020s because “nobody is allowed to fully invest in future oil production,” Goldman Sachs’ head of EMEA natural resources research,…
Saudis Study Potential OPEC Collapse
Saudi Arabia is studying the theoretical dissolution of OPEC, the Wall Street Journal reports, citing sources from government think-tank King Abdullah Petroleum Studies and Research Center, which is in…
Venezuela’s Glaring Gasoline Crisis
Iran has dominated the headlines over the last few weeks, but Venezuela’s oil sector continues to meltdown. Venezuela’s oil production fell to just 1.197 million barrels per day in September,…
GE's Fight For Survival
Raising cash to begin retiring its huge debts, GE just announced a sale of its profitable and growing distributed generator business for $3 billion and its lighting division for an…
The Achilles’ Heel Of Electric Vehicles
Cobalt’s essential role in lithium-ion batteries has and will continue to make it increasingly important for the global consumer economy. Cobalt serves as a key component in battery-based devices by…
365,000 Bpd Shut In After Tanker Collides With Norwegian Warship
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The Trojan Horse In Oil Markets
The U.S. sanctions on Iran are not biting yet, as global oil markets are well supplied. In the coming weeks, Iranian crude volumes should show a decline. At the same…
Oil Majors Win Big In Midterms
Democrats were big winners on Tuesday, reclaiming the U.S. House of Representatives and winning a handful of state legislatures and governor’s mansions. But the oil and gas industry was also…
Big Oil Wins Ballot Initiatives In Colorado, Washington
Big Oil has poured a lot of money to defeat energy-restricting ballot initiatives in various states in the midterm elections, and it succeeded in two key votes. Voters in Colorado…
The Energy Investment Model With A Glaring Problem
The first master limited partnership (MLP) was formed by Apache Oil Company in 1981. In 1987 Congress legislated the rules for publicly traded partnerships in Internal Revenue Code Section 7704.…
Oil Prices Tumble As Iran Sanctions Set In
Oil prices took a noticable hit on Tuesday morning, as markets adjusted to the "new normal" of U.S. sanctions on Iran.
Bolton: U.S. Is Preparing More Sanctions Against Iran
The United States government is preparing more sanctions against Iran, national security adviser John Bolton told Fox Business News, commenting on what the current sanctions have already helped Washington accomplish,…
China Ready For Trade Talks
China is ready to negotiate a trade deal with the United States as both economies stand to lose from a prolonged trade war, Vice President Wang Qishan said today as…
It's All-Or-Nothing For Colorado Drillers
Colorado voters will decide the future of the oil and gas industry in their state on Tuesday, as they contemplate requiring greater distances between them and drilling operations. There are…
UAE Announces Major Oil & Gas Discoveries
The UAE’s flagship oil and gas company Adnoc has made a gas discovery of 15 trillion cu ft and a crude oil discovery of 1 billion barrels, Abu Dhabi’s Supreme…
Oil Looks Set For A Rapid Bounce
WTI has recently experienced one of its biggest one-month declines in several years, having lost around eighteen percent since hitting a multi-year high of $76.90 last month. There has been…
There’s No Strong Fundamental Reason For Oil’s Decline
The oil markets continue to be gripped with the continuation of violent selling in the last week, displaying what I can only describe as a ‘traditional’ puking:
The Real Influence Of IMO 2020
If ship owners, oil refiners and traders had been hoping for a stay of execution concerning the International Maritime Organisation’s (IMO) impending rule on sulphur limits in bunker fuel, they…
