 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 22 hours | 88.87 | +0.67 | +0.76% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 172 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 14 mins | 2.723 | -0.002 | -0.08% |
|
Bonny Light • 22 hours | 88.87 | +0.67 | +0.76% | ||
|
Girassol • 22 hours | 89.45 | +0.81 | +0.91% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 21 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 21 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 21 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 21 hours | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 5 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 5 days | 87.31 | +0.41 | +0.47% |
Breaking News:
Why Shell Has Soured on The London Stock Exchange
British multinational oil & gas…
The Rise and Fall of Master Limited Partnerships
Master limited partnerships (MLPs) were…
Uncertainty Drives Investors to Oil Stocks
The reason that investors have…
Energy
Big Oil To Bet On Petrochemicals As Demand Peak Looms
Remember that “This Ain’t Your Daddy’s Oil” commercial that blew up on Twitter at this year’s Super Bowl? It was about crude oil being used for things other than…
The U.S. LNG Boom Could Be About To Stall
While speaking before industry executives last June, United States President Donald Trump asserted that he had “ended the war on coal” and that America would be “dominant” in energy. But…
Oil Fundamentals Overturn Geopolitical Risk
Oil posted gains on Monday on news that the Iraqi military had seized control of Kirkuk, but oil fundamentals and the large supply capacity of both OPEC and U.S. shale…
Goldman: U.S.-Iran Standoff Is A Long-Term Threat To Oil Supply
While the Kurdistan-Iraq standoff is a risk to shorter-term oil production, the increased tensions between neighboring Iran and the U.S. are a longer-term and bigger threat to global oil…
Major Energy Importer Bets $10 Billion On Natural Gas
Much of the attention in energy markets has been focused on OPEC and oil prices lately. But news this week suggests that a different energy commodity is quietly becoming the hottest…
Mexico Locks In $46 Per Barrel In 2018 Oil Hedge
Mexico has locked in an average export price of US$46 per barrel of crude oil for 2018 in its annual oil hedge, which is closely watched as the biggest…
Is The Aramco IPO On The Brink Of Collapse?
In what could be a humiliating decision, Saudi Aramco is considering not staging an IPO next year as planned, due to the difficulty of pulling off an international listing.…
Kuwaiti Minister: OPEC Deal Extension May Be Unnecessary
OPEC and its partners may not need to extend the November 2016 crude oil production cut agreement beyond its March 2018 deadline if everyone fully complies with their quotas, Kuwait’s…
Clashes In Kurdistan Send Oil Prices Higher
Reports of clashes between Iraqi troops and Kurdish armed forces near Kirkuk yesterday sent WTI and Brent higher in Asian trade today. The latest reports coming in say…
What’s Stopping An Oil Price Rally?
Oil supply disruptions, high OPEC oil cut deal compliance rates, an extra-violent hurricane season, and the threat of new U.S. sanctions against Iran have fed optimism in oil markets over…
China Takes Aim At The Petrodollar
China continues to pursue its ambitious plan to make its currency—the yuan—more international. The world’s top crude oil importer and key oil demand growth driver is now determined to get…
Is OPEC Considering Deeper Output Cuts?
The oil price, as measured by the most traded Brent Crude number, has been relatively stable since the agreement to limit output was implemented last year and excess inventory has…
Who Are The Biggest Buyers Of U.S. Oil?
This year the U.S. has averaged more than 900,000 barrels per day (BPD) of crude oil exports while continuing to import an average of 8.1 million BPD. In the previous article,…
With A World Awash In Oil, Kazakhstan Faces Fuel Crisis
Kazakhstan, a nation rich in hydrocarbons, is grappling with a gasoline shortage that has enveloped the entire country, including the capital, Astana, and the southern metropolis of Almaty. Portents of…
Why U.S. Crude Exports Are Booming
In the years leading up to the shale oil boom, crude oil exports from the U.S. were nearly nonexistent. There were two reasons for that. First, following the 1973 OPEC…
Canada’s Pipeline Industry Takes Another Hit
Another oil pipeline in Canada bites the dust. TransCanada announced last week that it would scrap its plans to build a 2,800-mile major pipeline that would traverse nearly the entire…
Kobe Steel Scandal Could Rattle Nuclear Industry
Japan’s Kobe Steel has joined a rather unfortunate "club". That club's membership includes those Japanese companies recently racked by scandal and mismanagement. Kobe's management admitted that its employees faked quality…
Are Oil Stocks Close To A Breakout?
If you’ve got a core energy stock portfolio like me, you’re mostly deployed right now, waiting for the continued re-balancing of the oil market that even the IEA now…
Natural Gas: Fading the Weather
Traders have a tendency to become obsessed with news and data. When you sit in a room all day trying to predict the next movement in something that is inherently…
Shale Industry Cuts Rigs As Shareholder Pressure Mounts
Friday October 13, 2016 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…
