 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.712 | -0.013 | -0.48% |
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Girassol • 1 day | 89.45 | +0.81 | +0.91% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 7 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 7 hours | 79.61 | +1.46 | +1.87% | ||
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Syncrude Sweet Premium • 7 hours | 86.56 | +1.46 | +1.72% | ||
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Central Alberta • 7 hours | 76.96 | +1.46 | +1.93% |
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Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
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Oklahoma Sweet • 5 days | 79.75 | +0.50 | +0.63% | ||
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Kansas Common • 2 days | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 5 days | 87.31 | +0.41 | +0.47% |
U.S. Drilling Activity Inches Up
The total number of active…
Zombie Fires Pose Looming Threat to Canada’s Oil and Gas Infrastructure
Canada faces an escalating threat…
Could The U.S. Become Lithium Independent?
Despite having some of the…
Energy
Money Managers Slash Long Positions On Crude Amid OPEC Disputes
Money managers have reduced their bullish crude oil bets due to disputes among OPEC members on how to implement the output ceiling agreed to in late September. Managers reduced their…
A Seismic Shift In The Middle East: Saudi Arabia Cuts Off Egyptian Oil
While the proxy war in the middle-east rages, a curious, and largely under the radar pivot has been taking place in one of the countries directly impacted by Hillary Clinton's…
Oil Gains After Extremely Volatile 24 Hours
Things come in threes, so after the unexpected Brexit result earlier in the year, and Donald Trump's surprise election victory overnight, it would appear we are destined for an unlikely…
EIA’s Inventory Report May Halt Oil’s Post-Election Rally
A few hours after Donald Trump won the presidential election, the Energy Information Administration (EIA) reported a build of 2.4 million barrels of crude in U.S. commercial inventories. Total…
Could Trump’s Victory Render OPEC’s Output Deal Irrelevant?
As if OPEC had an easy job to do in trying to get its own 14 members on the same page about its policies, another major unknown entered the global…
Post-Election Oil Prices: Can We Expect A Plunge?
On Tuesday November 8, millions of voters will head to the polls in the United States to choose who will be the next president. That figure, either business magnate Donald…
OPEC Just Knocked $20 Off Its Oil Price Outlook
OPEC warned in newly released report that oil prices might not rise above $60 per barrel until the end of the decade, in an acknowledgement that an array of bearish…
Why $25 NatGas Is Possible This Winter
For families using natural gas in their homes, this could be an expensive winter... or a cold one without heat. New England consumes the most liquid natural gas (LNGs)…
British Offshore Industry: Expect The Unexpected
The majority of us will say check out last year's figures – only 13 exploratory wells were drilled in 2015. As energyvoice.com put it - “Exploration in British waters has…
Oil Markets On Edge Ahead Of Pivotal U.S. Election
We begin with a quick look at some of the critical figures and data in the energy markets this week, which show that oil prices have steadied on the eve…
OPEC’s Gloomy Long-Term Outlook For Oil Markets
Given the election is dominating much of the movement in markets today, and given the timely release of OPEC's World Oil Outlook, today's post digs into some of the longer-term…
Catching A Falling Knife: A Deepwater Buyout
Across the oil industry, many firms have started to see their stock prices stabilize. The offshore deepwater drilling industry is the exception. Deepwater drillers have continued to collapse in value.…
OPEC Sees Peak Oil Demand In Just Over A Decade
OPEC is hedging its bets regarding peak oil demand, and has included a scenario in its plans that account for it arriving in just over a decade, should the Paris…
$30 Oil Or Worse If OPEC Fails
After the worst week for oil since January, crude prices firmed up on Monday ahead of Tuesday’s historic election. Oil dropped 10 percent last week, in large part due to…
Is Russia Really On Board With The OPEC Deal?
OPEC Secretary General Mohammed Barkindo offered the market another treat today, saying that Russia is “on board” with “the Algiers accord.” This assurance, following numerous other OPEC assurances, comes…
IMF Warns: Oil Economies Won’t Break Even Anytime Soon
A report from the IMF has warned that the “new normal” in oil will delay the economic recovery in oil-dependent countries. Few would be surprised by this, except perhaps…
The Pen Is Mightier Than The Pump: The Danger Of Shorting An OPEC Deal
Around the time of the February oil crash, we first mused whether OPEC had developed a curious habit of jawboning oil prices higher with the help of flashing headlines at…
Terrible Timing: Canada’s Carbon Tax Troubles
The treaty to reduce carbon emissions negotiated in Paris a year ago (COP21) officially comes into force today. Countries representing 55 percent of global emissions have moved from signing a…
OPEC Continues To Accelerate Output (Before Hitting The Brakes?)
Prices are trying to clamber higher today amid promises from OPEC that a production cut is on the cards, while battling against the gale-force headwinds of a stronger dollar.…
Oman Willing To Cut Up To 10% If OPEC Leads The Way
Small non-OPEC producer Oman believes that an OPEC production deal is now more in sight than it was a few months ago, Omani Minister of Oil and Gas Mohammad bin…
