 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.690 | -0.024 | -0.88% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 7 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 7 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 7 hours | 85.30 | -0.05 | -0.06% | ||
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Central Alberta • 7 hours | 75.70 | -0.05 | -0.07% |
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Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
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Oklahoma Sweet • 2 days | 79.25 | -2.50 | -3.06% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
Breaking News:
Article Archive | Page 1120
When Technicals And Fundamentals Come Together
Regular readers will by now be aware that I have a preferred style of trading. It is essentially contrarian and I like to buy things that have been under pressure,…
OPEC Is Driving Prices Up, But Where Is The Limit?
Friday May 19, 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…
Global Energy Advisory May 19th 2017
Politics, Geopolitics & Conflict • Iran is holding a presidential election today and there seems to be a consensus that the incumbent, Hassan Rouhani, is the likely winner. Rouhani came…
Why Natural Gas Prices Have Hit The Wall
July natural gas futures mounted a slight recovery on Thursday after the release of the weekly U.S. Energy Information Administration’s weekly storage report, however, the buying wasn’t strong enough to…
OPEC Pushes Up Oil, But Will The Gains Continue?
Oil prices broke the $50 mark in trading on Friday, suggesting that the OPEC deal extension rumors are still influencing markets. (Click to enlarge)
Rise In Rig Count Threatens To Undermine Recent Oil Price Spike
The number of active oil and gas rigs in the United States rose for the eighteenth straight week, Baker Hughes reported on Friday—this time by 16. The number of…
Oil Prices Rise As OPEC Discusses Deeper Output Cuts
OPEC is discussing a potential deepening of crude oil output cuts in a bid to accelerate market rebalancing, sources from the cartel told Reuters. The news came as the group’s…
‘’Too Big To Hedge’’ Goldman Explains The Rationale Behind The OPEC Deal
The key for OPEC in balancing the oil market is to flip the futures curve. Goldman Sachs warned that until the oil futures market moves decidedly into a state of…
As Breakeven Prices Converge An Oil Price Crash Nears
No one should underestimate the impact of AI (artificial intelligence) on the future of the entire capital markets complex. The LinkedIn group, Algorithmic Traders Association, has recently been running…
U.S. Shale Just Won’t Die: Bankrupt Drillers Rise Again
The oil price crash has decimated the ranks of U.S. exploration and production companies. Unable to survive in our new world of half-priced oil, many shale drillers filed for bankruptcy…
Investors Unimpressed By String Of Oilfield Services IPO’s
The number of initial public offerings in the oilfield service sector has so far this year overtaken exploration and production listings by a wide margin, signaling returning optimism in the…
The Beginning Of The End For U.S. Utilities?
Capital expenditure projections for the electricity industry in the U.S. were just released by the Edison Electric Institute (EEI). The data show a utility industry with plans for continued healthy…
Oil Prices Rise As Most OPEC Members Back Deal Extension
Oil prices erased early losses to rise on Thursday afternoon after Algeria’s Energy Minister Noureddine Boutarfa said that most OPEC producers are supporting the Saudi-Russian proposal for an extension of…
Energy Breakthrough? China Has Successfully Mined ‘Fire Ice’ From The Sea
China has successfully extracted gas from gas hydrates—also known as ‘fire ice’ or ‘flammable ice’—in the northern part of the South China Sea, the China Geographical Survey said on…
From Oil To Arms: Saudis Move Away From Crude
The sovereign wealth fund of Saudi Arabia has set up a defense business as part of its efforts to reduce the Kingdom’s dependence on crude oil for budget revenues…
Can U.S. LNG Compete With Qatar, Australia?
Last week, the LNG world was a buzz with news that the U.S. had finally agreed to export LNG to China based on the May 11, 2017 announcement by the…
Venezuela’s Oil Production On The Brink Of Collapse
Desperation is spreading in Venezuela as violent protests continue to paralyze the country, further damaging the country’s shattered economy. Venezuela’s already-decrepit oil industry is deteriorating by the day, and an…
Iran’s Elections Could Disrupt Oil Markets
Iran is gearing up for the May 19 presidential election, a critical vote that could reverberate around the world, affecting not just Iran, but also its relationship with the West,…
U.S. Shale In No Hurry To Hedge, Bet On Higher Oil Prices
U.S. shale oil drillers have tactically used hedging to survive during the current oil crisis. Along with the technological advances, hedging has been one of the reasons for the survival…
Is The U.S.-China LNG Deal Really A Win?
Despite harsh campaign rhetoric, including accusations of currency manipulation, the Trump Administration’s recent trade deal with China represents a shift towards improving relations. One big winner from the deal…
