 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 169 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 13 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 21 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 21 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 21 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 21 hours | 75.70 | -0.05 | -0.07% |
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Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
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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% |
Megamerger Mania Set To Shake Up Latin America’s Oil and Gas Industry
Enauta's strategic acquisitions and proposed…
Oil Exports or Carbon Credits: The Global South’s Dilemma
Asking developong nations to stop…
Small Banks Significantly Boost Loans to Oil And Gas Firms
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Energy
How Vision 2030 Will Transform The Oil World
For evidence that the world is changing, one need look no further than Saudi Arabia. It’s been a good century for the Saudis in general. Having come from the lowest…
Combatting Cyber-Attacks In The Oil And Gas Industry
Earlier this week, Yahoo reported that more than one billion user accounts were compromised and data stolen in a hack by an unauthorized third party in August 2013, in…
The Self-Driving Vehicle Revolution Has Begun
The energy markets are starting to recover from their multi-year swoon, but there may be a bigger change ahead. It’s starting to look like the rise of self-driving vehicles is…
Soaring Dollar Drags Oil Lower
Yesterday's decision by the Federal Reserve to raise interest rates has inadvertently put concrete boots on the crude complex, sending it lower amid a soaring U.S. dollar. Hark, here are…
Statoil Turns Its Back On Canada’s Oil Sands
Statoil ASA, (NYSE:STO) the Norwegian-owned oil and gas major, does not believe that it has a future in the Canadian oil sands. Citing concerns over profitability, the company said on…
Nigeria Aims For “Lasting Peace” As Oil Output Hits 1.8 Million Bpd
Nigeria is producing around 1.8 million barrels of oil daily, up from an average 1.63 million bpd in the third quarter of the year. The current rate of production…
Canada’s Oil Exports Are Dead Without U.S. Shale Production
How is it that Canada could be dependent on U.S. oil production? As of 2015, 36 percent of total US crude imports come from Canada. As Canada continues to exports…
A Unique Opportunity: OPEC Cuts To Boost U.S. Shale Exports
The OPEC deal to curtail oil output and help drawn down record global oversupply may turn out to be positive for the cartel’s over-reliant-on-oil economies in so much as it…
After Agreeing To Cut, Is OPEC’s No.2 Going Rogue?
Just a week after it agreed to OPEC’s output-cut deal, Iraq is showing signs of going rogue, and instead of cutting crude exports—a logical byproduct of lowered production—it plans to…
Bakken Oil Production Soars After Long Decline
North Dakota just released their production numbers for the Bakken as well as for all North Dakota. (Click to enlarge)
Post OPEC Deal: Nigeria Plans To Increase Oil Output By 500,000 Bpd
Nigerian President Muhammadu Buhari is eyeing an increase to his country’s oil production to 2.2 million bpd, the volume it had pumped before militant attacks in the Niger Delta…
Why It Makes Economic Sense For The Saudis To Cut
Oil prices are lower today, as focus shifts from optimism of the market balancing in the future, back to current oversupply. With today's U.S. inventory report helping crude to pare…
Oil Spikes After EIA Reports Surprise Draw To Crude Inventories
The EIA reported a draw of 2.6 million barrels in U.S. commercial crude oil inventories, a day after the American Petroleum Institute shocked and unsettled oil markets with an…
OPEC: Expect Oil Markets To Rebalance In H2 2017
Demand for OPEC crude next year will be slightly higher than the supply OPEC has pledged, and together with the promised non-OPEC cuts, this is expected to speed up the…
Rex Tillerson: ‘’Russian Spy’’ Or Diplomatic Genius?
The news that Rex Tillerson, Exxon’s CEO, is Donald Trump’s official pick for the Secretary of State chair has sparked an outrage among Democratic and Republican legislators alike, both…
Leaked Memo Reveals Trump’s Energy Priorities
The major news out of Trumpland this week was his selection of ExxonMobil CEO Rex Tillerson to lead the State Department. Tillerson has sparked a bit of backlash, mainly revolving…
U.S. Shale Finally Sees Production Rise
The U.S. shale patch is forecast to yield 4.542 million barrels of oil a day in January 2017, according to the latest drilling report of the Energy Information Administration.…
The One Chart Showing The Real Cost Of US Energy
A recent study from the University of Texas Austin’s Energy Institute has made it easier than ever to see how the American energy landscape has changed in the last decade.…
The Coming Fracture Of Saudi Arabia
The Bible’s book of Galatians, VI teaches, «as you sow, so shall you reap». And for Saudi Arabia, which has overtly and covertly supported rebellions in Libya, Syria, Iraq, Yemen,…
OPEC Jump Starts Oil Bull Market
Oil prices skyrocketed yet again at the start of this week on news that non-OPEC countries agreed to cut production. Is this OPEC rally sustainable?
