 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 21 hours | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 5 hours | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 21 hours | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 21 hours | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 20 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 20 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 20 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 20 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 2 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 2 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 3 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Article Archive | Page 1167
U.S. Shale Sees Rebound In 2017…But Mostly From The Permian
The oil industry invested more than $28 billion in buying up land in the Permian Basin in 2016, three times the amount spent in 2015, according to Reuters. That…
Top 10 Bankruptcies Of 2016 Feature 9 Energy Firms
Low oil prices and the distress of the solar, coal, and oil and gas producers resulted in nine energy firms making the top 10 of public company bankruptcies for 2016…
Is Deepwater Drilling About To Make A Comeback?
The most unloved sector in energy is starting to “sea” slightly sunnier skies on the ocean’s horizon. The decline in oil prices has had a dramatic effect on many investors’…
Russia Claims Global Oil Output Down By 1.4M Bpd
Russian Energy Minister Alexander Novak has announced that global oil output was cut by 1.4 million barrels per day last month, in the aftermath of the deal between OPEC…
Are Dakota Access And Keystone XL Really That ‘Dangerous’?
“show me a pipe and I will show you a leak” …. Common Sense It’s no secret that the Keystone XL (KXL) and Dakota Access Pipelines were resurrected last week…
Dakota Access Pipeline Set For Completion After Army Engineers' Approval
The U.S. Army Corps of Engineers will be granting shortly the last approval needed for the completion of the Dakota Access Pipeline, North Dakota’s Republican U.S. Senator John Hoeven and…
Oil Prices Fall After Another Major Build In Inventories
The Energy Information Administration today reported a 6.5-million-barrel increase in commercial crude oil stocks in the U.S., a day after the American Petroleum Institute reported a smaller build in…
Why Is This Private Equity Fund Scooping Up Billions In North Sea Assets
I’ve been discussing the return of big oil and gas M&A the last several weeks. And yesterday we got more confirmation it’s “money on” right now in the global…
The Oil War Is Only Just Getting Started
It’s been a month now that investors and analysts have been closely watching two main drivers for oil prices: how OPEC is doing with the supply-cut deal, and how U.S.…
Is Iran Planning On Breaking Its OPEC Pledge?
According to a provision of the recent OPEC production deal, the Islamic Republic of Iran is mandated to keep production below a threshold of 3.797 million bpd. Yet this…
Trump’s Trade War With Mexico Could Crash Natural Gas Prices
The much hyped “trade war” that Donald Trump is apparently preparing for the southern neighbor of the U.S. could be over before its starts, as the full extent of the…
Why The Trump Administration Is A Huge Wildcard For The Oil Industry
The implications of a Trump presidency for the oil markets are hard to discern, given the unpredictability of the new administration. But a few possible scenarios are worth considering. The…
Why 100% Renewable Energy Is Just A Dream
The “Wind and Solar Will Save Us” story is based on a long list of misunderstandings and apples to oranges comparisons. Somehow, people seem to believe that our economy of…
‘Good’ OPEC Compliance Pushes Oil Prices Higher
Oil price rose on Tuesday after a Reuters survey found a ‘high’ OPEC deal compliance rate, indicating that OPEC has already cut output with 1 million bpd in January …
Experts See Higher Oil Prices But Surging Shale Is A Concern
Analysts have raised their oil price forecasts for this year as the OPEC supply-cut deal is starting to tighten oil markets, but warned that rising U.S. output could wipe out…
Trump’s Border Tax Could Kill U.S Oil Exports, Raise Gas Prices
Crude is rallying on this final day of January, as hopes and projections of OPEC production cuts return to the fore once more. Before we charge into a new month…
East Timor Close To Taking Full Control Of $40 Billion Oil Field
East Timor and Australia have agreed to a new maritime border which would give East Timor control of a $40 billion oil field. But not everyone is happy. With the…
Gold Prices Under Pressure As Indians Stop Buying
India’s government wants more local gold. This week directing state-run Minerals Exploration Corp. to assess remaining reserves at the historic Kolar Gold Fields district — ahead of a possible…
OPEC Cuts Close To 1 Million Bpd This Month
A Reuters survey of shipping data has revealed that OPEC has succeeded this month in cutting almost 1 million barrels from its combined daily output, in compliance with its…
Why Is Everyone So Bullish On Oil?
A Wall Street Journal survey of 15 investment banks finds cautious optimism among oil watchers. The monthly survey is a good barometer for market sentiment, as shifts in price…
