 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 2 days | 88.87 | +0.67 | +0.76% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.725 | 0.000 | -0.01% |
|
Bonny Light • 2 days | 88.87 | +0.67 | +0.76% | ||
|
Girassol • 2 days | 89.45 | +0.81 | +0.91% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 11 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 11 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 11 hours | 86.56 | +1.46 | +1.72% | ||
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Central Alberta • 11 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
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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% |
Breaking News:
Rising Middle East Risk Sparks Fear of $100 Oil
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Reuters Estimates: Russian Oil and Gas Revenue to Double in April
Higher oil prices are expected…
Energy / Oil Prices
U.S. Gasoline Prices Could Stay Low For The Time Being
The oil bust has been largely a supply-driven phenomenon. Unlike the last time that oil prices were this low – during the 2008-2009 financial crisis – this past year’s price…
Alberta’s Oil Companies Warn Government On Taxes
Big oil is taking no chances with the outcome of Alberta’s royalty review currently underway. In 2007, the industry was surprised when royalties were jacked up despite dozens of corporate…
The Default Next Move For Oil Is Downwards, And Here’s Why
As traders, investors and pundits, we all like to think that what we do is akin to a science. We believe that by working harder and being smarter we can…
A Good Sign For Bullish Traders… With A Catch
October Crude OilTechnical Analysis(Click Image To Enlarge) October Crude Oil futures are in a position…
Why Did Oil Prices Just Jump By 27 Percent In 3 Days?
Oil prices have posted their strongest rally in years, jumping an astounding 27 percent in the last three trading days of August. While much of the…
Canada’s Oilfield Service Sector Battered By Low Prices
In some ways the numbers don’t look that bad. For a group of 25 diversified, publicly traded Canadian oilfield service (OFS) companies, combined revenue of nearly…
Don’t Get Too Excited By The Recovery This Week
The energy complex was volatile this past week, driven by outside factors and traditional fundamentals. The week began with crude oil under pressure because of a…
Oil Prices Driven Lower By Everything Except Fundamentals
It is clear that it is no longer supply and demand for oil that is dictating the price but is instead the financial markets and more…
OPEC’s $900 Billion Mistake
With WTI falling below $40 and perhaps heading for $20, one needs to wonder if OPEC’s strategy is working out as planned? Why are they…
China’s Stock Market Meltdown Dragging Global Markets With It
Global market upheaval continues to inflict damage across the energy industry.The Shanghai Composite fell by 8.5 percent, and that has sent shockwaves around the world. The Dow Jones…
Time To Buy For The Long Haul
Very large macro financial pressures are working on the oil market right now, but I will again reiterate my call that a generational opportunity is emerging here, where oil will…
Technicals Not Fundamentals Will Drive A Turn In The Oil Markets
Crude oil futures plunged to a 6 ½ year low this week, setting in motion a sell-off in unleaded gasoline and energy stocks.The week started with crude oil…
Low Oil Prices: Assessing The Damage So Far In 2015
It has been a rough ride for energy stocks this year as almost all investors in the sector know. There are always extreme winners and…
Fresh Sell Off For Oil. Bear Market Here To Stay?
New EIA data sparked yet another sell off for crude oil, with WTI declining by more than 4 percent on August 19, and Brent down by…
Oil Prices Must Rebound. Here’s Why
Last week I spotted a very interesting chart that Gregor MacDonald tweeted which showed world oil production over recent years excluding the USA. The chart…
How Much Pressure Will Iran Put On Oil Prices?
With the removal of sanctions on Iranian crude exports underway, the bearish price trend may continue through the end of the year, increasing the intensity of…
Oil Markets Coming To Grips With Prices Remaining “Lower for Longer”
“Lower for longer” is on everyone’s lips in the oil industry. A survey by the Wall Street Journal of investment banks found a growing consensus…
An Oil Price Spike Could Be Nearer Than You Think
Market fundamentalists tell us that prices convey information. Yet, while our barbers and hairdressers might be able to give us an extended account of why their…
This Nation Could Finally See A Shale Breakthrough
One of the biggest questions in energy is: where on Earth will be the next place to perfect shale drilling? And late last week, we got…
August Is Unlikely To See A Recovery In Oil Prices
As we charge into the second half of August, the crude complex is continuing to charge lower. Things are pretty quiet on the economic data front,…
