WTI Crude

Loading...

Brent Crude

Loading...

Natural Gas

Loading...

Gasoline

Loading...

Heating Oil

Loading...

Rotate device for more commodity prices

U.S. Rig Count Soars, Putting Yet More Pressure On OPEC

U.S. Rig Count Soars, Putting Yet More Pressure On OPEC

This week’s Baker Hughes report…

Iraq Could Complicate OPEC Extension

Iraq Could Complicate OPEC Extension

Despite several large announcements, oil…

Energy

Alt Text

Saudi Arabia Oil Exports to Decrease Due to Increased Domastic Demand

Apr 14, 2011 at 08:55 | The Oil Drum

Oil importing nations have long treated Saudi Arabia as an infinitely deep well of crude oil supplies. In 2005, Matt Simmon’s book Twilight in the Desert did much to call…

Alt Text

Expect Wide Swings in Oil Prices and Increasing Volatility

Apr 14, 2011 at 08:16 | Charles Hugh Smith

The reasons for oil to keep rising are well known--perhaps too well known. Let's look at some charts to illustrate the swirling currents in the global oil market. Why do…

Alt Text

Oil Production Figures in Areas of Unrest (Middle East & North Africa)

Apr 14, 2011 at 08:06 | Dave Summers

The popular protests among the countries of the Middle East and North Africa (MENA) are continuing to roil, and so, rather than the review of the countries that I have…

Alt Text

A Look at Shell’s Future Energy Predictions

Apr 13, 2011 at 09:38 | Dave Summers

I have recently reviewed the predictions made by BP and ExxonMobil as they relate to energy supply and demand in the years to 2030. Shell has just

Alt Text

Nuclear Fusion: Is it the Answer to the Impending Crisis in Energy and Resources

Apr 13, 2011 at 09:34 | Professor Chris Rhodes

I attended a fascinating event last night - a Cafe' Scientifique meeting held in the town of Reading in South East England. Last month it was me in the bear-pit,…

Alt Text

Putin Turns His Back on BP as Rosneft Deal Turns Sour

Apr 13, 2011 at 09:12 | David Caploe PhD

BP’s investment with Russia's national oil company, Rosneft, was announced in January, it was generally seen as a coup, giving BP access to exploration licenses in one of the world’s…

Alt Text

Are High Oil Prices Due to Fundamentals or Speculation - Part 2

Apr 13, 2011 at 09:08 | Stuart Burns

Not all commentators are convinced the speed of oil price rises or the heights to which they have risen are purely down to fundamentals. Since 2003 the value of the…

Alt Text

Oil Price and the Strategic Petroleum Reserve

Apr 12, 2011 at 08:35 | Dian L. Chu

At a press conference on March 11, President Obama indicated that a plan was 'teed up', and that he would move quickly to tap the Strategic Petroleum Reserve (SPR), if…

Alt Text

The Vicious Circle of Oil Price Induced Recessions

Apr 12, 2011 at 08:18 | Robert Rapier

Former Secretary of Labor Robert Reich recently warned that the U.S. is likely headed back into recession: The Economic Truth That Nobody Will Admit: We’re Heading Back Toward a…

Alt Text

Are High Oil Prices Due to Fundamentals or Speculation (Part 1)

Apr 12, 2011 at 08:15 | Stuart Burns

The oil price has been relentlessly rising, widely seen as being driven by a mix of fundamentals such as Asian demand exceeding supply, and fear of supply disruption caused in…

Oilprice - The No. 1 Source for Oil & Energy News