 |
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 • 29 mins | 2.736 | +0.002 | +0.05% |
|
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 • 17 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 17 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 17 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 17 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
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% |
Oil Moves Down on Crude Inventory Build
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Energy
''Car Biz Is Hell'': Musk Is Back To Sleeping At The Factory
They say not to bring your work home with you, but what about bringing your home to work? Elon Musk is doing just that, saying on Monday that he is…
Russia Considers $50B Investment In Iranian Oil & Gas
Russian energy companies could spend as much as US$50 billion on oil and gas exploration in Iran, a presidential aide told media. Yuri Ushakov said companies including Rosneft, Gazprom,…
Oil Prices Poised To Rise As Cycle Comes To An End
Each month, I publish reports on ten to fifteen publicly traded upstream oil & gas companies. Part of each report is my estimation of what the company would sell for…
Wall Street’s Favorite Shale Stocks
Caution, capital discipline, cash flow, shareholder returns – these buzzwords are thrown around a lot these days, much more so than details about aggressive production growth. After years of a…
The Bakken Is Booming Once Again
The Permian has been stealing headlines and analyst attention over the past year, and rightly so, as it’s the only U.S. shale play that continued to grow even when all…
Are We Sleepwalking Into The Next Oil Crisis?
One school of thought is that future oil demand is set to decline because consumers will have better options. Many in this “peak demand” camp believe that the growth of…
Is This The Best Alternative To Lithium-Ion Batteries?
What would you think about a battery that sports five times the capacity of the average lithium-ion one? And then what if this batter was cheaper, and even more environmentally…
Is Russia Cheating On The OPEC Deal?
After three months of steady output, Russia’s crude oil production increased in March to 10.97 million bpd, the highest level since April 2017, as the top two Russian companies…
Iraq Approves Oil Production Capacity Boost
Baghdad has approved an increase in Iraq’s crude oil production capacity to as much as 6.5 million bpd by 2022. This compares to a current production capacity of below…
Bahrain Makes Its Biggest Oil Discovery In History
Bahrain announced the biggest crude oil discovery in its history that will “dwarf” its current reserves, media reported, citing the tiny kingdom’s official news agency. Details on the size…
An Oil Price Rally Is Likely
Oil prices seesawed at the start of the week before jumping close to multi-year highs on geopolitical concerns, with Brent hitting $70 and WTI at $65. However, geopolitical pressure is…
Europe’s Biggest Gas Field To Close Over Quake Risk
Europe’s biggest gas field--Groningen in the north of the Netherlands--has been pumping gas for more than half a century and supplies gas to 98 percent of the Dutch population.…
The Petrodollar Isn’t Dead Yet
A number of pieces have to fall into place before the petrodollar moves into second place...Few geoeconomic game-changers are more spectacular than…
China’s Pollution Nightmare Creates Opportunities For LNG Exporters
While this is not necessarily news that the Chinese populace wants to hear, a new report released Thursday by the country’s environmental ministry said that the number of pollution sources…
The Ultimate Renewable Energy Hybrid
Renewable energy’s place as part of the global “energy balance” is a delicate scale. As its prospects and contribution rise, limitations also appear. The main elements here involve… - The…
BMW Caught Cheating Emissions Tests
If you thought allegations of emissions rigging were a thing of the past, think again. It appears what’s good for Volkswagen is probably good for BMW, too. According to an…
Iran Looks To Boost Energy Relations With Turkmenistan
Turkmenistan is exploring options on natural gas swap deals with Iran to export its fuel to markets further afield, Iranian President Hassan Rouhani reportedly said during a visit to Ashgabat…
Look At Oil Majors As The Disconnect Continues
As a trader, you can sometimes get so frustrated with the market that you’ll do something impulsive – and stupid. I call this the “Screw it!!” impulse. It can come…
Oil Prices Near $70 On Geopolitical Uncertainty
Oil prices continued their upward momentum on Friday, following a week of geopolitical uncertainty and bullish industry news. (Click to enlarge)
3 Reasons Buying To Buy Untrendy MLPs
Master Limited Partnerships (MLPs) are about as fashionable as hot pants. Like the skimpy shorts of the seventies they retained a hard core of fans and have even seen various…
