 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 2 days | 88.20 | -0.49 | -0.55% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 172 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.721 | +0.035 | +1.31% |
|
Bonny Light • 2 days | 88.20 | -0.49 | -0.55% | ||
|
Girassol • 2 days | 88.64 | -0.56 | -0.63% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 12 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 12 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 12 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 12 hours | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 5 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 5 days | 87.31 | +0.41 | +0.47% |
Article Archive | Page 980
Rooftop Solar Could Power 75% Of U.S. Homes
If you have ever wondered how much of the electricity demand in the U.S. could be supplied by rooftop solar, a new study has the answer. Last month the…
Russia Committed To OPEC Deal Despite Two Months Of Non-Compliance
Despite the fact that Russia pumped more than its quota under the OPEC/non-OPEC deal for two months in a row, Moscow is staying committed to the pact, Russian Energy…
China’s No.1 Oil Company Cuts Saudi Crude Imports
China’s Sinopec will cut its June imports of crude from Saudi Arabia by 40 percent for the second month in a row because of unjustified high prices, an official from…
Iran Sanctions Could Throw Oil Markets Into Chaos
An agreement is an agreement, or so it’s said. Tensions are skyrocketing after Israeli Prime Minister Netanyahu’s claim that Iran has violated the Joint Comprehensive Plan of Action (JCPOA) agreement.…
The Gulf State That Needs $113 Oil
Bahrain’s gross government debt could reach 102 percent in 2019 from 94.9 percent this year as the smallest oil producer in the Gulf struggles with one of the highest breakeven…
Saudi Arabia Needs $88 Oil
Higher oil prices have provided a boost to the economies of oil-exporting nations such as Saudi Arabia. But the economic risks going forward are “skewed to the downside,” the International…
Texas Sees Unparalleled Economic Boom From Oil Prices
“$60 is like the new $100,” Dallas Fed economist Michael Plante told Reuters last month, commenting on the effect of the oil prices on the Texas economy. Oil production…
China’s Growing Oil Demand Has Created A Geopolitical Dilemma
China has become the world’s largest oil importer, and despite establishing the largely successful yuan-denominated oil futures, Beijing will have to grapple with an overlooked geopolitical and economic consequence as…
Cheap Hydrogen Could Soon Become A Reality
Few younger readers will remember how popular hydrogen fuel cells were in the media a couple of decades ago. They came before electric cars. They were supposed to be the…
Is The Golden Era For Renewables Around The Corner?
In the past few years, there has been a lively debate about the increasing role of renewables at the expensive of fossil fuels, particularly in power generation.
Citi: U.S. To Become World’s Top Oil Exporter
As global oil markets shift their attention from U.S. shale oil production back to a resurgent Saudi Arabia and Russia and geopolitical concerns bearing down on oil prices, Citigroup…
How Oil Hedging Could Cost Companies $7 Billion
The recent oil price rally has been a boon for U.S. oil producers, but for those that have hedged future production at prices capped below current oil price levels, hedging…
Could Oil Actually Hit $300?
Speculating on the price of oil is a favorite pastime in certain circles, and these include hedge funds. One prominent member of the hedge fund crowd this week said crude…
Oil Prices Slip On Large Crude Inventory Build
After yesterday the American Petroleum Institute served a not so pleasant surprise to oil bulls by reporting a 3.43-million-barrel increase in crude oil inventories in the United States, the…
Russian Oil Turns Its Back On Its Biggest Customer
Since the start of 2018, Russia’s pipeline crude oil exports to China have been growing, while its seaborne shipments to Europe have been falling. At the beginning of this year,…
Oil Majors See Profits Spike, Exxon Lags Behind
The first quarter of 2018 was the best one in years for the oil majors. Still, despite huge profits, the largest oil companies are moving forward cautiously, keeping spending in…
Catastrophic Cyberattacks Threaten Big Oil
There are over a million oil and gas wells in the United States. There are also several hundred thousand miles of pipelines. Digitization is on the rise in the…
Shell Wants Deepwater Breakevens Below $40
Even though Brent Crude prices hit $75 a barrel on Monday, Shell continues to stick to disciplined spending and wants deepwater projects to break even at $40 a barrel…
Oil Prices Crash As U.S. Dollar Regains its Footing
Oil prices dived on Tuesday morning as expectations of an interest rate hike sent the U.S. dollar soaring, countering bullish news regarding the Iran nuclear deal.
Goldman’s Favorite Trade For 2018
Confirming that what Jeff Gundlach predicted last December, when the DoubleLine CEO said his favorite trade for 2018 is to be long commodities, has been spot on...
