 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 167 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.702 | -0.012 | -0.43% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 2 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 2 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 2 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 2 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -2.50 | -3.06% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
China Raises Gasoline and Diesel Prices amid Soaring Crude Oil Prices
China is raising from Wednesday…
Low Natural Gas Prices Curb U.S. Oil Production Gains
U.S. oil companies are not…
Energy / Energy-General
U.S. Crude Exports Hit A Major Milestone
“There could not be a better time to offer this service as domestic production surpasses 10 million barrels per day in the ever-dynamic global crude oil market,” Tom Shaw, president…
Oil Prices Diverge On Mixed Data
WTI received a boost at the start of the week as Cushing inventories have dwindled amid greater pipeline connections and reduced flows from Canada. Exports are also up. Meanwhile, Brent…
Oil Price Rally May Not Be Enough To Help Canadian Drillers
Oil producers in Alberta, Canada had the headache of high supply next to thin margins this week, but a quick price rally brought a moment of relief — though experts…
Is Nigeria Breaking Its Promise To OPEC?
As OPEC allies push to restrict oil output in an international attempt to bolster crude prices, Nigerian producers are heading in the opposite direction, aspiring to increase output by 250,000…
Is The Yamal LNG Project Overhyped?
In December 2017, Novatek launched its much-praised Yamal LNG in the Arctic Circle. Despite difficult permafrost conditions and financial limitations imposed by U.S. sanctions, Yamal LNG was finished on time…
U.S. Plans Largest Ever Oil & Gas Lease Sale In Gulf Of Mexico
The largest oil and gas lease sale for waters in the Gulf of Mexico in U.S. history will occur on March 21st, according to an announcement by the Trump…
Will China Repeat Last Year’s LNG Import Surge?
Ever since China overtook South Korea as the world’s second-largest importer of LNG last year, traders have been keeping a very close eye on any development that might suggest whether…
Why Commodity Coins Are Gaining Popularity
Cryptocurrencies have become the most loved-and-hated topic in the financial world. Corporate coins, joke coins, government coins, and even commodity-backed coins are flooding the markets, and potential investors are scrambling…
The Fight For World’s Top Oil Producer Is Just Beginning
In 2005, I was at a meeting of energy experts close to Dominion Energy Inc.’s (D) liquefied natural energy (LNG) terminal in Cove Point, Maryland. At the meeting, it was unanimously…
A Cushioned Contrarian Trade In Energy
Now, according to the prevailing consensus, is a bad time to be considering any stock in a utility. Interest rates are climbing, and as most utilities have high debt loads…
Shale Production Heads Into Overdrive
Friday February 16, 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…
Oil Rig Count Rises As Prices Recover
Baker Hughes reported a 7-rig increase to the number of oil rigs this week, with a decrease of 7 gas rigs for the reporting period. The result of no…
The Most Bullish Indicator For Long-Term Oil Demand
The rise of electric vehicles has prompted many analysts to start trying to pinpoint the year in which global oil demand will peak and start to decline irreversibly in the…
Chinese Oil Demand Growth To Slow Down This Year
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Big Batteries Are Becoming Much Cheaper
Huge battery arrays are undermining peakers—the gas-fired power plants deployed during peak demand—and could in the future completely change the face of the power market. Batteries are hot right now.…
India Is Quickly Becoming A Major Player In Oil Markets
Indian oil demand rose over 10 percent in January, up for a fourth consecutive month. Although much of the magnitude of the year-on-year improvement is due to last year's low…
Trump Proposes Sale Of Transmission Assets
Hidden away in the Trump Administration’s long-awaited “Legislative Outline for Rebuilding Infrastructure in America” is the administration’s latest idea to raise some cash without raising taxes. The government wants…
Saudi/Russia-Led Oil Supergroup In The Making
OPEC and the non-OPEC producers’ part of the production cuts deal will have a plan for long-term cooperation drafted by the end of 2018, as they seek to institutionalize their…
Venezuela’s PDVSA Faces Mass Exodus Of Workforce
PDVSA, Venezuela’s state-oil company, is losing workers by the thousands, with as many as 10,000 leaving the company in just one week of January, media report, citing protests against low…
Shale Industry May Finally See Some Profits
Not only is U.S. shale set to grow at a torrid pace, but the industry might actually make some money for once. Profits have eluded the shale industry for years,…
