 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 18 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 • 25 mins | 2.735 | +0.001 | +0.03% |
|
Bonny Light • 18 hours | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 18 hours | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 17 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 17 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 17 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 17 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% |
Four Big Mistakes in Deregulating the Electricity Industry
When policymakers both here and…
Big Oil May Not Support All Trump 2.0 Policies
Trump's two primary campaign promises,…
Energy / Energy-General
Can $80 Oil Be Justified?
Oil prices could reach $80 a barrel in April, although such a price would not be justified by market fundamentals, Russia’s Energy Minister Alexander Novak said on Friday. Asked…
Oil Prices Bounce Back On Bullish Sentiment
Despite bullish sentiment in oil markets, crude prices were trading relatively flat on Friday after traders booking gains, a Trump tweet and a rising oil rig count.
Oil Prices Under Pressure As Rig Count Climbs Again
Coming off of what turned out to be a rather rocky morning for oil prices, U.S. drillers added 5-rigs to the number of oil and gas rigs this week, according…
Trump Slams OPEC For Manipulating Oil Prices
Oil prices reversed gains and dipped early on Friday after U.S. President Donald Trump tweeted that oil prices are “artificially very high” and “will not be accepted”, the day…
Oil Prices Fall As Russia Reconsiders Production Cuts
OPEC and non-OPEC producers could reconsider the size of the production cuts they agreed in December 2016 and “ease the cuts,” Russia’s Energy Minister Alexander Novak told TASS during…
Is OPEC Underestimating U.S. Shale?
The oil production cuts and healthy oil demand growth have helped the global inventory surplus to nearly vanish and it certainly looks very much like OPEC and allies have a…
Disaster Looms Over Libyan Oil
Is General Khalifa Haftar dead or alive? The leader of the Libyan National Army disappeared from the public eye earlier this month, and now rumors surrounding his health are beginning…
The Overlooked Implications Of The U.S. Shale Boom
One of the often-unsung aspects of the shale revolution that has taken place in the U.S.A. over the last few years, is the amount of natural gas that’s been produced.…
Should Saudi Arabia Fear Higher Oil Prices?
You have to hand it to Saudi Arabia. After struggling in global oil markets from 2015 to early 2017, the Kingdom can arguably be called “the comeback kid.” However, the…
Oil Soars To Highest Price Since 2014
Oil prices reached highs last seen at the end of 2014 early on Thursday, with WTI Crude trading just below $70 a barrel after another drop in U.S. inventories and…
Mexico’s Oil Crisis: Pirates, Cartels, And Corruption
Mexican oil is hemorrhaging money thanks to gasoline-guzzling cartels, seafaring pirates, and widespread collusion within their own ranks. While this is nothing new for the oil-rich but security-poor nation,…
Could Natural Gas Threaten Permian Oil Production?
In a recent article, I provided a firsthand look at the booming oil production in the Permian Basin. Notably, after 100 years of production, the Permian Basin is pumping record volumes of crude…
Venezuelan Oil Enters The Disaster Zone
The decline of Venezuela’s oil production for the foreseeable future has been assumed, and to a large extent, already priced into the market. However, an acceleration in the rate of…
IMF: Expect Oil To Fall Below $60
The International Monetary Fund dampened optimism about oil prices by forecasting the average for Brent at a little over US$58.24 a barrel next year, down from this year’s projected US$62.31.…
A Natural Gas Giant Like No Other
A Houston-based LNG company is hoping to chart a course that hasn’t really been tried before: owning upstream natural gas assets, building the pipelines to get the gas to port,…
Can Saudi Arabia Afford Its Megaprojects?
Most headlines with "Saudi Arabia" in them seem to feature a hefty sum of money. A US$500-billion smart city here, a US$200-billion solar project there--it's beginning to look…
Is Saudi Arabia Losing Its Asian Oil Market Share?
As Washington and Beijing exchange trade war barbs and as tensions in Syria drive up global oil prices, reintroducing geopolitical pressure that had been largely removed from the oil price…
BP Teams Up With Tesla In Energy Storage Project
One of the world’s biggest oil industry supermajors has teamed up with the global leader in electric cars in a new business venture and pilot project. British Petroleum (BP) has…
Oil Markets: The Calm Before The Storm
Oil saw significant gains in anticipation of the strikes in Syria, but following U.S. efforts to ease geopolitical tensions in the region, crude prices have stabilized.
Oil Market Uncertain As Geopolitical Fears Fade
The oil price rally was halted early on Tuesday as concern over the Syria conflict escalating somewhat eased and U.S. shale production continued to grow. At 11:00 a.m. EDT on…
