 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.763 | +0.005 | +0.18% |
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 2 days | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 14 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 14 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 14 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 14 hours | 77.17 | +0.76 | +0.99% |
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Eagle Ford • 2 days | 80.05 | +0.76 | +0.96% | ||
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Oklahoma Sweet • 2 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 2 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 3 days | 87.23 | -0.55 | -0.63% |
The Rise and Fall of Master Limited Partnerships
Master limited partnerships (MLPs) were…
U.S. Drilling Activity Slips
The total number of active…
$2-Trillion Funding Gap Casts Shadow over Energy Transition
Blackrock's Michael Dennis said that…
Energy
How The Oil Price Slump Affected The Ultra-Rich
Last year, the world’s ultra-rich added a bit more to their combined wealth and now hold a total of US$30 trillion in net assets. The number of individuals owning at…
What Do Driverless Cars Really Mean For Transportation
Headlines surrounding ride sharing apps and autonomous vehicles are nudging into my daily reading list like people butting in front of me in traffic. But I don’t mind. Since the…
Trudeau Pushes Through LNG Megaproject Despite Environmental Concerns
The Canadian federal government has given the green light to the $8-billion Pacific NorthWest LNG project, proposed by Malaysia’s Petronas three years ago. The decision is highly controversial because…
US LNG Exports: Where Did They Go?
It’s been a long time since my last post, which is primarily due to the fact that most of my free time over the summer was devoted to helping write…
Oil Spikes After OPEC Reaches Deal On Output Cap
According to a Reuters source, The Organization of the Petroleum Exporting Countries has in fact reached a deal that will “limit” oil production, and oil prices are in for…
Inventory Draw And OPEC Rhetoric See Oil Seesaw
Crude is sailing in rough seas today, as the combo of an informal OPEC meeting and a surprising weekly inventory report has pushed and prodded prices around thus far. Hark,…
The Inevitable Winners Of The OPEC Meeting
OPEC, Oil and Tankers. This week, the informal meeting of OPEC, alongside the International Energy Forum, has given rise to a possibility of another output limit. Whether or not this…
BP Faces Another Setback In Plans To Drill Pristine Australian Coast
BP’s controversial plan to drill in one of Australia’s unique ecosystems hit another snag this week. BP is hoping to drill in the Great Australian Bight, a stretch of coastline…
EIA Reports Yet Another Big U.S. Crude Draw
Crude oil markets got a boost of optimism from the EIA today, when the agency reported a 1.9-million-barrel decline in commercial crude inventories in the U.S, to a total…
Hopes For Output Freeze Dwindle As Iran Refuses Saudi Offer To Cap Production
Unless a miracle happens, there is zero chance of OPEC and Russia agreeing an oil output freeze in Algiers, after Iran refused to take Saudi Arabia up on its…
Saudi Arabia Is Indifferent To A Short Term Solution At Algiers
Saudi Arabia will deal ministers a 20 percent pay cut and scale back perks for government employees—two-thirds of employed Saudis—as it grapples with the realities that accompany an $87…
Where Will Oil Prices Go After Algiers?
Saudi Arabia and Iran may yet come to terms on some sort of production arrangement, but the outcome of the negotiations in Algeria this week may not do much…
Pipeline Battle Set To Harm U.S. Energy Independence
Protests against new oil and gas pipeline construction are becoming more or less part of everyday life in the U.S. and Canada. Keystone XL, Dakota Access, Enbridge’s Line 5, Energy…
Is This $24 Billion Petrochemical Megaproject A Boon For Oil?
One market that energy investors sometimes spend very little time thinking about is plastics. Despite the fact that plastics are an oil derivative, energy investors tend to focus on other…
Can Donald Trump Really Save U.S. Coal?
On September 22, Donald Trump reaffirmed his intent to revive the American coal industry--without many details on how to do it. What influences the price and demand for coal? Can…
OPEC Circus Sees Oil Volatility Spike
Oil prices fell steeply on Tuesday afternoon on contradiciting news from the OPEC meeting in Algiers. …
Tesla’s Model 3 Could Take 300,000 Bpd Off U.S. Gasoline Demand
The release of Tesla’s first affordable electric vehicle, the Model 3, marks a milestone in the EV industry that could shave off 300,000 barrels per day in gasoline demand in…
Oil Slides As Iran Turns Down Saudi Offer
As the euro tumbles and optimism wanes from Algiers, oil prices are charging lower ahead of a likely build to crude inventories in tomorrow's weekly inventory report. Hark, here are…
Lack Of Pipeline Capacity Could Force Down Canadian Crude Prices
The pipelines carrying Canadian heavy crude to the U.S. are running at capacity and soon, more oil will have to start being transported by railway as oil sands operators…
Goldman Sachs Cuts Oil Price Target From $50 To $43
While we await every new headline out of Algiers, overnight Goldman threw in the towel on its "transitory" oil market bullishness, and in a note by Damien Courvalin looking "Beyond…
