 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 16 mins | 2.725 | 0.000 | -0.01% |
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Girassol • 1 day | 89.45 | +0.81 | +0.91% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 4 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 4 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 4 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 4 hours | 76.96 | +1.46 | +1.93% |
|
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% |
Namibia Racks Up Another Major Offshore Oil Discovery
Shares of Portuguese integrated energy…
U.S. Shale Oil Production Growth Is Slowing Down
When the illusion of unending…
Energy / Crude Oil
Platts Sees OPEC Cuts Eliminating Oversupply By Q3
The agreement between OPEC and non-cartel oil producers to reduce supply would help draw down the huge global inventory build by the third quarter of this year, S&P Global…
Libya To Re-Open Last Major Oil Export Terminal
Libya is about to re-open the last major oil terminal that has been shut due to factions fighting in a move that would allow it to further increase oil exports,…
The Permian Stocks Of 2017
Activity in the U.S. domestic energy sector in 2017 is off to a strong start, as U.S. independents take advantage of rising prices and an increasingly-friendly energy atmosphere to expand…
Is The OPEC Deal Falling Apart Already? Iraq Accuses Kurds Of Non-Compliance
Back on December 15, two weeks ahead of the day the OPEC production cut agreement was set to begin, according to which some 1.2 million barrels per day in oil…
The Companies That Lead The Recovery In The U.S. Oil Patch
Following two years of persistently low oil prices which made companies slash investment and costs, the industry is starting to look up to a brighter 2017. Analysts and experts see…
OPEC’s Spare Capacity Will Calm Oil Markets In 2017
There is a wide variety of opinions on whether or not OPEC will deliver on its promised cuts of 1.2 million barrels per day, and a lot hangs in the…
U.S. Exports Record Level Of Refined Products
U.S. refiners continue to expand their footprint, exporting record volumes of product abroad. The U.S. refining complex exported nearly 4 million barrels per day of gasoline, distillates and propane, helped…
Can The Canadian Oil Industry Recover In 2017?
Even with oil barely over half of what it fetched in June of 2014 and the active drilling rig count doing better than (December 20, 2016 – 257, December 16,…
The Overstated Impact Of Trump On Oil
With Donald Trump set to enter the White House and OPEC having agreed to production cuts, analysts are focused on how the global oil industry and prices will be impacted…
The Arctic Drilling Ban: Much Ado About Nothing?
Outgoing President Barack Obama is about to invoke a 1953 law in a bid to protect the Arctic and Atlantic shelf of the United States from the claws of…
Why Oil Markets Don’t Have To Worry About Libya
In the wake of recent developments, Libya’s National Oil Corporation now has full control over all its oilfields and export terminals. After the recapture of the Eastern region export terminals…
Who Won The 2016 Oil War?
Heading into the New Year with oil prices above US$50, both OPEC and the U.S. shale industry are claiming victory in the latest oil war battle—and both expect to benefit…
OPEC’s Announced Production Cuts Are A Big Deal
By now you have undoubtedly heard that late last month at OPEC’s 171st Ordinary Meeting in Vienna, the group announced that it would reduce output by about 1.2 million barrels…
Rosneft To Ramp Up Global Expansion Under Trump
A breakthrough in international strategy and the election of ExxonMobil CEO Tillerson as U.S. Secretary of State could stand to benefit Rosneft and Russia significantly. Valentina Kretzschmar, a Wood Mackenzie…
Trump’s Oil Price Dilemma
President-elect Donald Trump has started naming his picks for key administration offices, and it looks like he is beginning to assemble a team to deliver on at least part of…
Ahead Of OPEC Cuts, Iraq Ramps Up Crude Sales To China
Less than a month before OPEC is slated to begin the promised cuts, Iraq is increasing its crude oil sales to China, India and the U.S. under new or expanded…
Canada’s Oil Exports Are Dead Without U.S. Shale Production
How is it that Canada could be dependent on U.S. oil production? As of 2015, 36 percent of total US crude imports come from Canada. As Canada continues to exports…
A Unique Opportunity: OPEC Cuts To Boost U.S. Shale Exports
The OPEC deal to curtail oil output and help drawn down record global oversupply may turn out to be positive for the cartel’s over-reliant-on-oil economies in so much as it…
After Agreeing To Cut, Is OPEC’s No.2 Going Rogue?
Just a week after it agreed to OPEC’s output-cut deal, Iraq is showing signs of going rogue, and instead of cutting crude exports—a logical byproduct of lowered production—it plans to…
Bakken Oil Production Soars After Long Decline
North Dakota just released their production numbers for the Bakken as well as for all North Dakota. (Click to enlarge)
