 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 9 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 16 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 16 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 16 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 16 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
The Rare Metal Keeping Biden and Xi Awake at Night
Canada's eviction of Chinese investors…
Over 20% of the World’s Oil Refining Capacity Is at Risk of Closure
Wood Mackenzie has said that…
Energy / Oil Prices
The Coming Super Spike in Oil Prices
In 2005, Goldman Sachs oil analyst Arjun Murti wrote of an oil “super spike”, with prices reaching $200 a barrel. Murti was amazingly prophetic with that call, as oil topped…
How cheap is “cheap” oil?
Everyone seems to agree that the world is running out of cheap oil. But how cheap is cheap? Until we know it’s hard…
Dropping Oil Prices Threaten Moscow’s Budget
Oil and gas are at the heart of the Russian economy and are largely responsible for keeping Moscow’s government budget in balance. But the recent decline in the price of…
Renewed Violence In Iraq and Libya Could Send Oil Prices Up
Violence has returned to key oil-producing countries Iraq and Libya after a brief period of calm.Shelling and firefights between militias over the control of a key airport…
Global Energy Advisory – 18th July 2014
Pipeline UpdatesA new pipeline is being proposed from North Dakota’s Bakken oil fields through 17 Iowa counties, ending in Illinois. The proposal for the 1,100-mile underground crude pipeline…
Gas Prices Soar, But Have Probably Peaked For Now
As Americans head into their July 4 holiday weekend, gasoline prices are at their highest levels for this time of year since 2008. The surge in prices…
Oil Prices Drop, But Probably Not For Long
The price for a barrel of oil fell on word that more production was coming from key OPEC members, but a report from the International Energy Agency (IEA) says the…
Why You Have to be Long the Domestic E+P’s.
The big head fake in energy, the one that has somewhat confused me has been how the fantastic quarterly results from the independent E+P’s has affected the domestic price of…
Instability In Libya Continues To Be A Drag On Oil Prices
The price for the U.S. crude oil benchmark has moved closer to $102 per barrel in trading in part because of renewed concerns over Libya, once one of North Africa's…
U.S. Oil Export Ban Unlikely To Be Scrapped Soon
Whether or not the U.S. Congress decides to lift the ban on crude exports will largely depend on the trajectory of crude oil prices. Oil prices have been elevated…
North American Oil Glut to Keep Prices Low, IMF says
The International Monetary Fund said global crude oil prices have been relatively lower because of the growth in oil supply from North America. With U.S. oil production on pace to…
The Correct Price for Crude Oil
With the flattish nature of its action over the past several months, oil seems to have reached a tipping point on price. It’s almost as if the charts are saying…
How the Situation in Crimea Could Cause Oil Prices to Fall
Moscow’s aggression in Crimea has markets in a panic and bulls predicting continued increases in the price of oil should tensions endure. Nonetheless, there is a chance that…
Russia’s Eastern War: Part Two?
The crisis in the Crimea has already raised the price of Russian oil by $2 a barrel, as of Monday creating havoc on some energy markets. And this is only…
Four Countries that Could Send Oil Prices Up
The week of February 17 has been a violent one, with protests, intense political unrest, and many casualties in several countries around the world. Protestors in Ukraine are stealing the…
One for the Speculators Amongst You
The last several weeks have seen some very strong US crude oil prices, adding strength to my prediction that we'll likely see average prices of well over $100 a barrel…
Big Oil Sheds Assets to Fix Balance Sheets
The oil industry may be in the midst of entering a new phase of high costs and slower growth. New oil discoveries are harder to come by, and the scramble…
South Korea Joins Japan in Oil Payments to Iran
The government of South Korea is preparing to issue a payment to Iran for crude imports as limited relief from sanctions in line with a six-month deal over Iran’s…
Oil Market Predictions for 2014
For my last column of 2013, I’ll give a few predictions for the energy markets for 2014 and one in particular where I am almost alone among the energy analysts…
Oil Market Forecast & Review 27th December 2013
February crude oil futures continued the rally it began several weeks ago at $92.10. Based on the break from $106.22 to $92.10, the market has already retraced more than 50%…
