 |
Louisiana Light • 2 days | 89.15 | -0.01 | -0.01% | ||
|
Bonny Light • 1 day | 90.37 | -1.56 | -1.70% | ||
|
Opec Basket • 2 days | 90.18 | +0.61 | +0.68% | ||
|
Mars US • 166 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 13 mins | 2.731 | +0.002 | +0.08% |
|
Bonny Light • 1 day | 90.37 | -1.56 | -1.70% | ||
|
Girassol • 1 day | 90.93 | -1.38 | -1.49% | ||
|
Opec Basket • 2 days | 90.18 | +0.61 | +0.68% |
|
Peace Sour • 1 hour | 75.35 | -2.68 | -3.43% | ||
|
Light Sour Blend • 1 hour | 78.40 | -2.68 | -3.31% | ||
|
Syncrude Sweet Premium • 1 hour | 85.35 | -2.68 | -3.04% | ||
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Central Alberta • 1 hour | 75.75 | -2.68 | -3.42% |
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Eagle Ford • 2 days | 81.84 | -0.05 | -0.06% | ||
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Oklahoma Sweet • 2 days | 81.75 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 75.50 | -0.25 | -0.33% | ||
|
Buena Vista • 6 days | 89.36 | +0.64 | +0.72% |
OPEC Expects Solid Global Oil Demand This Summer
OPEC expects strong oil in…
U.S. Geothermal Capacity Set To Grow by 1,900% by 2050
The U.S. government has allocated…
Energy / Energy-General
China Plans To Create A $78 Billion Natural Gas Giant
Together with its massive push to have more and more residential and industrial customers switch from coal to gas, China is aiming to overhaul the ownership of its huge gas…
Saudi Aramco Looks To Double Refining Capacity
Saudi oil giant Aramco will be heavily investing in increasing its refining capacity and chemicals business in pursuit of securing more downstream markets for its crude oil, Aramco’s Senior vice…
Oil Markets Unmoved By North Korea Summit
Oil markets largely ignored the much-anticipated meeting between U.S. President Donald Trump and North Korean leader Kim Jong Un, though further geopolitical maneuvers should weigh on crude prices moving forward.
China Closes The Door On Vietnam’s Oil And Gas Ambitions
As China tightens the noose over Vietnam’s ability to drill for oil and gas in its own UN-mandated 200-nautical mile Exclusive Economic Zone (EEZ), the country is turning to solar…
The Downside Of Six Figure Salaries In The Permian Boom
A battle is playing out in Midland, TX between employee-starved local businesses and multinational energy companies who are poaching local residents left and right for high-paying jobs as the latest…
Is Russia Bailing On The OPEC Deal?
For the first week of June, Russia, the world's largest oil producer, exceeded the amount it agreed to produce as part of the January 2017, OPEC/non-OPEC supply cut deal. For…
The Oil Giant That Saw Its Cash Reserves Plunge 90%
India’s top oil explorer, state-run Oil and Natural Gas Corporation (ONGC), has seen its cash reserves plummet by more than 90 percent in one year, after it paid a record…
Tesla’s Newest Car Will Have Rocket Thrusters
Elon Musk plans to equip a new version of the Tesla Roadster with “around 10 small rocket thrusters arranged seamlessly around car,” he said in a tweet, adding that…
Russia Boosts Oil Production Before OPEC Meeting
Russia pumped 11.09 million barrels of oil daily in the first week of June, Interfax reported Saturday, citing an unnamed industry source. This is 143,000 bpd above the country’s…
Permian Boom Jeopardized By Pipeline Troubles
The Permania, as someone called the oil industry and private equity rush to West Texas and New Mexico, has begun to take its toll on all those investors that saw…
Energy Efficiency Adds Value To Home Prices
People are willing to pay a premium for energy-efficient homes, according to new research. Georgia Warren-Myers, a property lecturer at the University of Melbourne and Franz Fuerst of the University…
Will Iran Pursue Relations With North Korea?
Syria's Bashar al-Assad is begging for a trip to Pyongyang as Donald Trump prepares for a summit with Kim Jong-un. Hollywood would reject such a script as outlandish, yet the…
Permian Stocks Falling Out of Favor
Friday June 8, 2018 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…
Expect Choppy Oil Markets Ahead Of The OPEC Meeting
U.S. West Texas Intermediate crude oil futures are trading higher early Friday, putting the market in a position to close higher for the week. While this chart pattern isn’t enough…
Oil Falls On OPEC Uncertainty
Friday, June 8, 2018 (Click to enlarge) (Click to enlarge) (Click to enlarge)
U.S. Rig Count Creeps Higher Amid Record Oil Production
U.S. drillers added 2 rigs to the number of oil and gas rigs this week, according to Baker Hughes, with oil and gas rigs each increasing by 1. The…
New Study: Climate Change Could Be The Ultimate Civilization Killer
Climate change could have wiped out alien civilizations and may be on the way to wipe out mankind, too, a new study has suggested. Using simulations based on information…
Higher Oil Prices Might Not Destroy Demand Growth
The recent jump in oil prices to $80 per barrel raised a lot of questions about whether or not the heady demand growth projections for this year would hold up.…
Microsoft Launches Second Subsea Data Center
Microsoft said yesterday it had submerged a second experimental data center off the coast of Scotland, as part of its Natick project that studies less energy-intensive data centers. While…
China Deals Shocking Blow To Solar Industry
Market researchers are in a rush to lower their solar capacity addition forecasts for this year after China surprised everyone by announcing it will not issue approvals for any new…
