 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 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 • 10 mins | 2.752 | +0.017 | +0.64% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 2 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 2 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 2 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 2 hours | 76.41 | -0.55 | -0.71% |
|
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% |
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Energy / Energy-General
Global Energy Advisory, January 12th, 2018
New York City is suing the world’s five biggest oil companies on allegations they knew about the impact the industry was having on the environment but concealed this knowledge from…
A Correction For WTI Is In The Making
U.S. West Texas Intermediate crude oil surged to the upside on Monday, setting a bullish tone for the week. The catalysts behind the price action were renewed speculative bets on…
Is $70 The Ceiling For Oil Prices?
While sentiment in the oil market remains bullish, analysts cannot seem to agree on crude's next big move. (Click to enlarge)
Rig Count Shoots Up As Oil Nears $70
The number of active oil and gas rigs rose this week, according to Baker Hughes data, increasing by 15 total rigs, bringing the total rigs to 939, which is…
T. Boone Pickens Shuts Down Oil Hedge Fund
Oilman and investment manager T. Boone Pickens is calling it quits with the energy-focused fund he has managed for the past two decades—BP Capital—citing deteriorating health, according to a letter…
$60 Oil Will Not Last Long
U.S. oil prices are treading water above $US 60/B (WTI) again, the first time since 2015. Crude oil has a northerly wind in its sails, though everybody on board…
Should Big Oil Pay For Climate Change?
On Wednesday, New York City announced that it would sue the five oil majors—ExxonMobil, Chevron, ConocoPhillips, Royal Dutch Shell and BP—over their role in fueling climate change. Also, New York…
Coastal States Protest Trump’s Offshore Drilling Plan
Less than a week after the Trump Administration proposed to open almost the entire U.S. coast to oil and gas drilling, Secretary of the Interior Ryan Zinke backtracked…
5 Energy Sector Predictions For 2018
The energy recovery is well underway. President Trump continues to roll back regulations aimed at boosting oil production and saving the coal industry. How might this all play out in…
Congo’s Cobalt Tax Hike Threatens EV Market
The Democratic Republic of Congo may soon more than double the tax mining companies operating in the country pay on exports of cobalt, a key component in the lithium-ion batteries…
Will Surging U.S. Shale Kill Off The Oil Rally?
The U.S. shale industry is bringing enormous volumes of new oil supply online, breaking records each month. The U.S. could top 10 million barrels per day (mb/d) by February, and…
UAE Oil Minister: OPEC Deal Could Extend Beyond 2018
The OPEC/Russia deal for crude oil production cuts could extend beyond 2018, the United Arab Emirates’ energy minister, Suhail al-Mazrouei has suggested. Speaking to CNBC, Al-Mazrouei said "I am…
3 Million Barrels Per Day Could Go Offline In 2018
Venezuela’s oil production has been falling for years, but 2018 could mark a new, darker chapter for the South American nation. Late last year, Venezuela’s government defaulted on millions of…
Blockchain Tech Is Transforming The Energy Industry
Blockchain is more than just a buzzword. It truly has the potential to turn entire industries on their heads. In many ways, the energy sector has been slow to adopt…
A Rare High-Profile Utility Takeover
Dominion Energy, Virginia’s largest utility, announced a takeover of holding company SCANA. SCANA's principal operating subsidiary, South Carolina Electric & Gas, is the main privately owned electric and gas company…
Trump’s Offshore Plan Unlikely To Spark Drilling Rush
Last week, the Trump Administration proposed the most aggressive U.S. offshore oil and gas drilling plan since the Reagan Administration, offering to open more than 90 percent of the…
Busting The Five Biggest Oil Market Myths
The oil market has come to be defined by several narratives over the past couple of years: market rebalancing, OPEC versus shale, Russia’s delicate relationship with OPEC, OPEC’s conformity with…
Can Oil Break The $70 Threshold?
As the oil price rally continues it is looking increasingly likely that Brent will break the $70 mark, a scenario that has OPEC on edge as prices move beyond its stated…
The Single Biggest Oil Price Influencer In 2018
Geopolitical concerns will replace the OPEC/non-OPEC production cuts as the main driver of oil prices this year, according to 67 percent of 100 Middle East energy industry executives polled…
4 Factors That Could Derail The OPEC Deal
OPEC and its Russia-led non-OPEC allies in the deal managed to stay together for a full year of high compliance with the oil production cuts and have agreed to extend…
