 |
Louisiana Light • 1 day | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.699 | -0.015 | -0.54% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 25 mins | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 25 mins | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 25 mins | 85.30 | -0.05 | -0.06% | ||
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Central Alberta • 25 mins | 75.70 | -0.05 | -0.07% |
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Eagle Ford • 1 day | 79.21 | +0.04 | +0.05% | ||
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Oklahoma Sweet • 1 day | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
Standard Chartered Says Peak Oil Demand Is Not Imminent
Standard Chartered has predicted global…
Energy Stocks Rally Under The Radar
Big Oil is trumping the…
Energy / Crude Oil
Mexico’s Oil Reserves Fall In Spite Of Oil Major Interest
In dollar terms, since mid-2015 Mexico has been a net importer of hydrocarbons (oil, natural gas, petroleum products and petrochemicals combined). To date it has been a relatively small and…
Asian Buyers Expected To Pay More For Saudi Crude This Summer
Asian crude buyers expect Saudi Arabia to raise its August official selling price (OSP) for the Arab Heavy crude that it sells to Asia to the highest in more than…
Corpus Christi Set To Become The Next Oil Export Hotspot
The Gulf Coast has long been one of the key avenues for importing oil to the U.S.So you might think the Anne – a 120-yard long oil ship –…
OPEC’s Crude Exports To The U.S. Near All-Time Lows
Only 40 percent of imported crude came from OPEC in 2016 OPEC’s share of U.S. oil imports has been declining, and has dropped sharply over the last few years. In…
What Oil Needs To Rally Higher
- Oil found much needed support from currency markets this week on a strong EUR/USD following comments from ECB chief Mario Draghi that the Eurozone’s central bank could be ready…
U.S. Rig Count Reverses After 23-Week Streak
The number of active oil and gas rigs in the United States fell by a single rig this week, and thus concludes the US shale patch’s impressive run of…
BHP Billiton Chairman: $20B Shale Investment Was A Mistake
In a hindsight 20:20-style reflection, BHP Billiton Chairman Jacques Nasser said his company’s $20 billion investment in shale oil and gas in 2011 was a mistake. BHP’s massive investment tied…
The Deepest Exploration Well Ever Signals A Return For Offshore Oil
Oil prices have been a big item lately — with crude plunging below $45 per barrel in recent weeks. But quiet reports across the industry show costs for oil and…
Pipeline Bottleneck Halts Falling U.S. Oil Imports
The U.S. has seen shale production rebound strongly, continuing a long-running trend towards higher oil production. The shale boom has helped the U.S. slash its import dependence significantly over the…
Oil Prices Rise As EIA Reports Tiny Crude Build, Gasoline Draw
A day after API reported a rather shocking crude oil and gasoline inventory build, the Energy Information Administration (EIA) confirmed a small inventory build for crude oil of 100,000…
Deloitte: Oil Firms Face Increasingly Sophisticated Cyber Attacks
Contrary to popular belief that the oil and gas industry is not among the top targets of hackers, energy was the second-most prone industry to cyber-attacks last year, with almost…
OPEC Not In A Hurry To Cut Deeper
OPEC may be mulling over deeper oil production cuts, but they won’t be rushing to make that decision, even though a panel monitoring the cuts will be meeting next month,…
Iran’s Largest Oil Terminal Boosts Capacity To 8 Million Bpd
The Kharg oil terminal in Iran has increased its crude oil loading capacity to 8 million barrels per day (bdp), three times the current Iranian crude and condensate exports,…
The World Is Millions Of Barrels Away From Peak Oil
The notion that demand for crude oil will soon peak has largely replaced the idea from a decade ago that crude oil production was about to peak for geological reasons.…
U.S. Oil Rig Count Rises For 23rd Week In A Row
The number of active oil and gas rigs in the United States rose again this week by 8—marking 23 weeks of gains and continuing to press upon battered markets…
Largest East Coast Pipeline Reveals Demand For Gasoline Is Crashing
There's a reason this week's EIA survey showing gasoline and oil supplies declining has failed to stop RBOB prices from collapsing to 7-month lows: The start of the summer has…
Saudi Reshuffle Could Completely Shake Up Oil Markets
The power restructuring in Saudi Arabia this week led to the elevation of 31-year-old Mohammed bin Salman to crown prince, essentially ensuring that he will become the youngest king…
Once Again, Tensions Are Rising In Nigeria’s Oil Sector
On 2nd May 2017, Nigeria’s House of Representatives rejected a motion requesting that the House compel international oil companies (IOCs) to relocate their headquarters to the Niger Delta. The initiative…
Macquarie: OPEC Deal To Collapse In 2018
OPEC’s production cut deal is unlikely to survive beyond its current deadline in March 2018, with the agreement seen falling apart towards the middle of next year, in which case…
Can U.S. Shale Survive Below $40?
Many U.S. shale drillers have said that they have full-proofed their operations for $40 oil, having lowered breakeven prices substantially over the last few years. They may soon have to…
