 |
Louisiana Light • 4 days | 87.09 | +0.49 | +0.57% | ||
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Opec Basket • 4 days | 87.52 | +0.17 | +0.19% | ||
|
Mars US • 171 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 18 mins | 2.691 | +0.006 | +0.22% |
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Girassol • 1 day | 88.64 | -0.56 | -0.63% | ||
|
Opec Basket • 4 days | 87.52 | +0.17 | +0.19% |
|
Peace Sour • 2 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 2 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 2 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 2 hours | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 4 days | 79.62 | +0.41 | +0.52% | ||
|
Oklahoma Sweet • 4 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 6 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 5 days | 86.90 | +0.04 | +0.05% |
Breaking News:
Oil Exports or Carbon Credits: The Global South’s Dilemma
Asking developong nations to stop…
Profit Taking Is Putting Downward Pressure on Oil Prices
Oil prices fell this week…
Energy / Energy-General
Time To Reverse A Very Successful Trade
Long-term regular readers will be aware that I have been consistently bullish on First Solar (FSLR) for a long time. The stock is up just over 155 percent in the…
Will High Gasoline Prices Weigh On Oil Demand?
Friday April 27, 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…
Global Energy Advisory - 27th April 2018
WTI could jump to $75 a barrel if President Trump reimposes sanctions on Iran on May 12. That’s the deadline for a sanction waiver that Trump has said he will…
The Next Major Catalyst For Oil Prices
U.S. West Texas Intermediate crude oil is trading lower early Friday, putting the market in a position to close lower for the week. There is a price divergence between WTI…
Oil Prices Steady As Geopolitical Risks Calm
The diplomatic breakthrough on the Korean Peninsula is taking away one source of geopolitical risk for oil markets, at least for now, with prices dipping in early trading on Friday.
Oil Markets React Stoically To Rising Rig Count
US drillers added 8-rigs to the total number of oil and gas rigs this week, according to Baker Hughes, adding 5 oil rigs and 3 gas rigs. Meanwhile, neighboring…
Tesla Shareholders To Vote On Ousting Musk As Chairman
When Tesla holds its 2018 Annual Meeting of Stockholders on June 5, shareholders will be asked to vote on a proposal by one stockholder that the company’s chair be…
Wall Street Wants More From Big Oil
Royal Dutch Shell saw its profits jump by 42 percent in the first quarter, leading to the best quarterly results in years. Yet Wall Street is still skeptical of…
Geopolitics Beat Fundamentals To Lift Oil Prices
Geopolitical factors once again trumped fundamentals with the growing concern over new U.S. sanctions on Iran, keeping WTI and Brent crude prices high despite a build in crude oil inventories…
Are Investors Turning Away From Big Oil?
Earlier this year, when Big Oil reported its results for the final quarter of 2017, analysts projected that investors would be happy, making the industry an attractive investment opportunity once…
Oil Majors Are Abandoning Venezuela
The crisis in Venezuela could enter a new phase, with the private companies operating in the country starting to panic. Chevron said on Wednesday that it evacuated executives from Venezuela…
Expect Much Tighter Oil Markets
As oil prices hover close to multi-year highs, Saudi's Oil Minister has hit the wires saying that OPEC 'shouldn't be complacent and listen to some of the noise such…
Can Japan Dodge Trump’s Trade War?
Japan is trying to avoid getting caught in the crosshairs of President Trump’s tariff maneuverings with countries that have large trade deficits with the U.S. Tokyo said that it…
Expect Electricity Prices To Rise Soon
Electricity prices in the U.S. (in real terms) have held steady for two decades. A remarkable record achieved because of: cost cutting during the initial days of industry deregulation, the…
Is This The Most Bullish Oil Market Of All Time?
Money managers are overwhelmingly betting that oil prices will continue to rise in the short term as geopolitical wild cards trump concerns that U.S. shale and other non-OPEC supply growth…
Higher Prices Set To Send U.S. Oil Stocks Soaring
The oil industry is set to see cash flow and profits balloon this year as oil prices rise. The U.S. shale industry is widely expected to become cash flow positive…
Oil Prices Tumble After Brent Breaks $75
Oil prices hit $75 per barrel briefly on Tuesday morning on the back of geopolitical tensions before falling back quickly as traders booked profits.…
Can China Combat Its Natural Gas Crisis?
Last December, LNG imports into China hit a record high amid natural gas shortages due to the government moving too fast with its shift from coal to gas as well…
Iran Pushes Back Against The OPEC Deal
Extending the OPEC cuts beyond their current expiry date at the end of 2018 would seem unnecessary if oil prices keep rising, Iran’s Oil Minister Bijan Zangeneh told the Iranian…
Brent Breaches $75 As Iranian Sanctions Loom
Brent oil prices topped $75 in early trading on Tuesday as the market grows increasingly worried that the chance of renewed U.S. sanctions on Iran is growing and as Tehran…
