 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.708 | -0.005 | -0.20% |
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 2 days | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 6 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 6 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 6 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 6 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% |
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Energy
Oil Prices Hold Steady Despite Rising Fuel Stocks
Crude oil prices hesitated today after the Energy Information Administration reported an oil inventory draw of 700,000 barrels for the week to November 27 but a sizeable build in…
Traders Haven’t Been This Bullish On Oil Since August
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Why An Air Travel Recovery Won’t Spark An Oil Rally
Oil demand isn’t going to see a bump from air travel demand anytime soon, or so the International Air Transport Association (IATA) said in a recent press release. And when…
How 3D Printing Will Reshape The Oil And Gas Industry
With multiple new technologies being introduced to the suffering oil and gas industry in 2020, 3D printing is the latest fad to gain traction in the space. Additive…
Oil Price Crash Crushes New Mexico’s Hope For Free College
New Mexico was, until recently, a lucky state. Despite being one of the states with the weakest economies—and high unemployment—New Mexico had the Permian, and oil revenues from…
Norway To End Oil Production Cuts On December 31st
Western Europe’s largest oil producer, Norway, will be ending the government-imposed oil production cuts at the end of the year, the Ministry of Petroleum and Energy said on Tuesday,…
Oil Prices Drop On OPEC+ Uncertainty
Oil prices fell on Tuesday morning as OPEC+ failed to reach an agreement regarding production cuts in 2021, with the three most influential members all disagreeing on how to proceed.
Venezuela Triples Oil Exports Using Ghost Tankers
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Tackling The Natural Gas Industry’s Biggest Problem
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Japan And Kuwait Strike Major Oil Storage Deal
Japan and Kuwait have struck a deal to store crude oil for Southeast Asia in Japan in a bid to boost the region’s oil supply network, which is currently…
Exxon Breaks With Tradition, Announces $20 Billion Oil Asset Write-Down
Exxon has finally broken with its tradition to never write down its assets. Exxon has announced massive writedowns of between $17 billion and $20 billion due to the pandemic…
Is Exxon's Dividend Too High To Justify?
The energy sector has emerged as the best performer over the past few weeks, with WTI crude prices climbing to their highest level in nearly eight months thanks…
U.S. Oil Production Is On The Rise Again
Crude oil production, including lease condensate, in the United States rose in September to 10.860 million barrels per day on average, according to the Energy Information Administration’s monthly…
U.S. Oil Demand Set To Soar In The Coming Months
Despite the surge in coronavirus cases in recent weeks, crude oil demand in the United States could be on track to increase in the coming months as inventories…
Natural Gas Demand Will Grow For Decades To Come
The “bridge fuel” narrative for natural gas is being replaced. Not so easily replaced, however, is the demand for natural gas. Natural gas—just a couple of…
OPEC+ Rumors Send Oil Prices Diving
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Is Brazil’s Oil Boom In Danger?
Brazil’s massive offshore oil boom, notably in the deepwater offshore pre-salt oilfields, is continuing to grow despite weaker oil prices and the sharp impact of the COVID-19 pandemic.…
Venezuela’s Oil Crisis Is An Environmental Time Bomb
The international media think tanks and government agencies have discussed at length the near failure of Venezuela, once Latin America’s most stable and developed nation, and the emergence…
Oil Markets Face A 200 Million Barrel Glut In 2021
As the world is aching to put an end to a devastating 2020, oil producers are now assessing the lasting effect of the pandemic into 2021 – and…
OPEC Oil Output Soars As Production Cut Decision Looms
Driven by a faster-than-expected comeback of Libyan oil production, OPEC’s crude output jumped in November by 750,000 barrels per day (bpd), the fifth consecutive increase in the cartel’s production, the…
