 |
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 | 2.712 | -0.002 | -0.07% |
|
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 • 5 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 5 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 5 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 5 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% |
Breaking News:
Article Archive | Page 1080
Chinese Environmental Crackdown Could Lift Commodity Prices
I’ve been writing the last few weeks about the unfolding metals supply crisis in China. Triggered by a wave of environmental checks at mining and processing facilities across the country. One…
Is New York About To Face An Energy Crisis?
Amid the fracking boom that brought natural gas prices to historic lows and led to the transition of a lot of power generation capacity from coal to gas, New York…
Forget OPEC, China Controls Oil Prices
U.S. shale has taken a lot of headline space recently as the biggest headwind for oil prices and the highest stumbling block for OPEC’s efforts to prop them up by…
Two Countries Could Push Oil Over $50
Oil has been struggling to break above $50 per barrel for months, but there are two reasons why prices could be heading north in the next few months: Venezuela and…
Can Mexico Replicate The U.S. Shale Boom?
Natural gas has been hailed as the bridge between fossil fuels and renewables. Global gas demand has been growing at an average annual 2.3 percent over the last ten…
Is OPEC Throwing In The Towel On U.S. Market Share?
Oil prices are rallying post-EIA report as today's crude draw was joined by a drop in gasoline inventories. Although waterborne imports were strong last week, OPEC flows to the U.S.…
Nigeria’s Oil Industry Overhaul
Although Nigeria is Africa’s largest oil and gas producer, its petroleum sector has long suffered from frequent scandals, severe mismanagement and a lack of coherent guidelines and regulations. Furthermore, Nigeria’s…
Peak Oil Is Not The Same As Peak Demand
Following my previous article — Peak Demand? No, A New Gasoline Demand Record— I received some interesting feedback from readers. It quickly became apparent that some didn’t understand that…
Libya’s Largest Oilfield Offline, Amid Uncertainty, ISIS Beheadings
Libya’s largest oilfield, the Sharara, remains offline despite contradictory news reports this morning suggesting that exports would resume. Weighing in on oil price uncertainty, market watchers have been in a…
Landmark Court Ruling Could Jeopardize This Major Pipeline
U.S. natural gas enjoyed an “eclipse rally” this week. With NYMEX prices jumping nearly 7 cents per MMBtu after the blackout impacted an estimated 12 GW of solar power…
EIA Spreads Optimism With Double Draw
A day after API’s estimate of oil and gasoline inventories pressured prices, the EIA gave the market cause for optimism by reporting not only a draw of 3.3 million…
This Critical Oil Price Divergence Could Boost US Exports
The gap between the two most important oil benchmarks has widened recently, a symptom of the shifting oil supply/demand dynamics between the U.S. and the rest of the world. For…
Renewables: Trump’s Key To U.S. Energy Dominance?
Since a pro-oil administration entered the White House, the oil industry lobby has praised the ‘America-First’ energy strategy, while proponents of cleaner energy have been arguing that the U.S. needs…
Shale Drillers Head North As The Permian Fills Up
Just as the Permian Basin is showing some wear and tear, there is growing interest in a separate shale play to the Permian’s north. The Anadarko shale region, located mostly…
The Fate Of Vision 2030 Rests On Saudi Aramco IPO
It has been two months since Prince Mohammed Bin Salman’s ascendance to the role of heir to the Saudi Arabian throne, and the preliminary effects of his aggressive economic diversification…
Could The Battery Boom Lead To A Lithium Shortage?
The battery boom shows no signs of slowing down, as demand for lithium-based electric batteries continues to grow worldwide. With forecasts indicating a significant rise in the world’s electric…
Strong Inventory Draws Suggest OPEC Deal Is Working
Oil prices are stagnant, however a strong inventory draw suggests that the OPEC cut may be having an impact on oil markets. (Click to…
The Caribbean Is Poised To Become The Next Major Oil Region
In the future, we may be hearing about the Caribbean a whole lot more when talking about oil and gas. Previously, the area was virtually off the map for the…
Is This The First In A Slew Of Megadeals In Oil?
Oil prices have shown some weakness lately. With WTI slipping below $48 per barrel — after briefly topping $50 at the end of July. But even at that level, crude…
As Compliance Slips, OPEC Decides To 'Reconsider' Output Deal
While the oil market is focused on the U.S. inventory draws and crude oil production, OPEC is not letting investors forget the cartel’s jawboning weapon—the ‘deeper/longer cuts’ narrative. Kuwait’s oil…
