 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 20 hours | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 45 mins | 2.732 | -0.003 | -0.10% |
|
Bonny Light • 20 hours | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 20 hours | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 19 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 19 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 19 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 19 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Article Archive | Page 859
Bearish Economic News Weighs On Crude
A combination of bearish economic events is weighing on crude oil futures on Friday, putting the markets in a position to finish the week lower. The central theme driving prices…
Oil Market About To Enter Supply Deficit
Friday March 8, 2019 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…
Why Oil Markets Can’t Find A Solid Footing
There are a myriad of factors influencing current global oil prices. On the supply side there is what can be called a back and forth tension between the OPEC+ oil…
Onboard Hydrogen: Is This The Future Of Zero Emission Vehicles?
Last week I wrote an article — Water Is Not A Fuel — discussing a press release I had received from Australian-Israeli startup Electriq~Global. As I noted in that article, it wasn’t my…
Oil Prices Sink On Negative Economic Data
Oil prices sold off on Friday on weak data from China, poor jobs figures in the U.S., and news that Norway’s sovereign wealth fund was divesting from the oil sector.
Rig Count Slides As U.S. Oil Output Remains At All-Time High
The the number of active oil and gas rigs fell sharply in the United States this week according to Baker Hughes, despite high US oil production for the week ending…
Saudis Follow Up On Deeper Oil Output Cuts Promise
Saudi Arabia pumped 10.1 million bpd of crude in February, a Saudi official told S&P Global Platts on Friday, in yet another sign that OPEC’s largest producer and de…
Norway’s $1 Trillion Wealth Fund To Dump All Its Oil & Gas Stocks
Norway’s sovereign wealth fund will exit all investments in oil and gas production acting on a government recommendation in line with a more cautious approach to energy investments by…
Two Largest Oil Price Benchmarks Are Set To Diverge
Brent has gathered some momentum while WTI prices have shown just a little bit of hesitation. The difference in the price movements of the two oil benchmarks reflects a slight…
Rubio’s “Full Gangster” Comments Hinder U.S.-Saudi Relations
It didn’t take long for Florida Senator Marco Rubio’s comments that Saudi Crown Prince Mohammed bin Salman had “gone full gangster” to make the news rounds all the way…
Exxon Punished By Wall Street For Spending Strategy
ExxonMobil plans to ramp up spending on multiple oil ventures over the next few years, an aggressive gambit to increase oil production and fatten profits. Wall Street, however, isn’t so…
Kashmir Conflict Has Riyadh On Edge
Just days after Saudi Arabia’s Crown Prince Mohammed bin Salman finished his charm-offensive Asian trip to Pakistan, India, and China, the ever-simmering tensions between Pakistan and India flared up again…
Bloomberg Launches Alternative To Green New Deal
Michael Bloomberg will not run for president. That was the main outtake from the businessman and philanthropist’s op-ed for Bloomberg the other day. But the more important outtake was…
The Bearish Risk Of Bullish News
Oil market bulls have had an easy two and a half months to start the year as prices have trended steadily higher. Working in concert, OPEC+ production cuts, central bank…
Global Intelligence Report – 7th March 2019
Sources - Deputy aid to Turkish Foreign Ministry - High-level official in Turkish Energy Ministry - High-level diplomatic, intelligence and banking sector sources in UAE BREAKING: We are about to…
The Battle For The World’s Top Oil Benchmark
Many countries would like to have their own crude grades as international benchmarks that others would price their volumes against, however, only very few countries can boast of such a…
Oil For Power: Bucking A Long-Term Trend
Oil demand for power generation has been in long-term decline since 1990 as countries have gradually displaced oil with cheaper feedstocks, primarily coal and natural gas. Since 1990, this process…
U.S. Crude Inventories Rise Despite Strong Product Demand
The correlation between the OPEC/OPEC+ production cuts and rising US production has been the theme of the oil market for the past several months and most likely will be further…
Staggering Demand Growth Could End Price Control In Oil Markets
Energy security is, without doubt, one of the most critical topics policymakers and professionals are concerned with. However, producers and consumers add a different meaning to these two words: the…
Should We Rethink Nuclear Power?
While it seems to fly in the face of everything we believe and have been taught about nuclear power, it may actually be the safest form of power production that…
