 |
Louisiana Light • 1 day | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 1 day | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.719 | -0.016 | -0.57% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 1 day | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 9 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 9 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 9 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 9 hours | 76.41 | -0.55 | -0.71% |
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Eagle Ford • 1 day | 79.29 | -0.04 | -0.05% | ||
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Oklahoma Sweet • 1 day | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Oil Moves Higher on Inventory Draw
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3 Oil & Gas Stocks Most Sensitive To Oil Price Swings
Apache, Marathon Oil Corp. and…
Uncertainty Drives Investors to Oil Stocks
The reason that investors have…
Energy
Iraq Publishes Oil Data Never Seen Before To Prove OPEC Wrong
Iraq has released detailed data about the crude oil output at each of its 26 oilfields as well as equally detailed export figures in an attempt to prove that…
Saudi Arabia’s Oil War Gained It 1% Market Share – Which It Is About To Lose
Saudi Arabia has wielded immense power over both the oil producers and consumers based on its proven oil reserves. It not only has the second largest proven oil reserves at…
Will Oil Majors Ever Recover?
The oil majors began reporting their third quarter earnings in recent days, and the figures do not look good. The three-month period ending in September saw oil prices sink to…
Is the Era of Oil Megaprojects Over?
BP said earlier this year that its capex for 2016 would come in at less than the US$17 billion it had initially planned for the year. Shell
Has The Long Awaited Recovery Of Texan Oil Started?
Some positive signs indicate the long-awaited recovery in the Texas oil and gas industry may finally be on the way. But the climb back out of the hole dug since…
Abu Dhabi Adapts To Low Oil Prices With Mega Merger
OPEC nations are continuing to tackle the challenge of exceptionally low oil prices. Oil majors are searching for solutions to stay afloat during a time of bitter crude oil…
Why Cheap Energy Is A Must For The Global Economy
I have been telling a fairly different energy story from most energy researchers. How could I possibly be correct? What have other researchers been missing? The “standard” approach is to…
DiCaprio’s New Film Portrays Canada’s Oil Sands As “Terryfying”
Nearly six months after massive wildfires close to Canada’s oil sands forced one of the largest evacuations in the country’s history, affecting production, Leonardo DiCaprio’s new climate-change documentary threatens…
Big Oil Cannot Afford To Ignore Climate Change
Investors have begun to take climate change more seriously now that the Paris climate agreement of December 2015 has created a new set of initials to watch, NDC for “nationally…
The Energy Sink: Why The Ethanol Dream Is Unrealistic
If I told you that I had created a process to extract pure gold from seawater, you might deem it an amazing accomplishment. If I issued a press release stating…
Russia Strengthens Energy Ties With India
Tanker diplomacy In conjunction with the Dutch oil firm Trafigura and Russian fund United Capital Partners (UCP), the Russian state oil firm Rosneft closed a $12.9 billion deal with Indian…
Where’s Texas Oil Output Headed?
The Railroad Commission of Texas (RRC) has recently reported new data for oil and natural gas output through August 2016. Dean Fantazzini has kindly shared his corrected data using the…
Why Are Refiners Still Underperforming?
During this oil bust, one sub-sector of energy should have been raking it in – the refiners – and yet their stocks have remained relatively flat for 2016. Low oil…
Why Oil Bears Should be Alert to the Possibility of a Reversal Next Week
Regular readers will be aware that I have, for the last few weeks, been generally bearish on the price of oil, and for two main reasons. The strength of the…
Worrying Signs In The Oil Markets
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 sector. Each week we’ll…
Global Energy Advisory October 28th 2016
Politics, Geopolitics & Conflict • The Niger Delta Avengers have again violated the ceasefire negotiated with the Nigerian federal government, blowing up Chevron’s 100,000-bpd Escravos pipeline. The militant group had…
Can Crude, NatGas Break Out Of Their Range?
Both December Crude Oil and December Natural Gas markets are experiencing weakness at this time for various reasons. Crude oil, for example, has been pressured off its recent high because…
Expert Commentary: The OPEC Oil Rally Is Over
• Oil moved in a narrow $49-$51 range early this week before settling near $49.70 Thursday afternoon. On the bearish side, Russia and Iraq offered uncooperative sound bites regarding production…
Oil Markets Don’t Buy The OPEC Deal Just Yet
We begin with a look at the key figures in the energy market this week, with oil prices falling on Friday morning as a result of OPEC infighting and traders…
Oil Prices See Biggest Weekly Loss In Six Weeks
Despite a weaker dollar, oil prices are limping lower into the weekend, set for a first weekly decline in six. Next week we get a new month, and an onslaught…
