 |
Louisiana Light • 3 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 2 days | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 3 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 177 days | 81.76 | +2.02 | +2.53% | ||
|
Gasoline • 2 days | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 2 days | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 2 days | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 3 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 2 days | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 2 days | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 2 days | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 2 days | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 3 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 3 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 3 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 4 days | 87.23 | -0.55 | -0.63% |
Breaking News:
The Future of Plastics Will Determine the Future of Oil Demand
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Big Oil’s Carbon Capture Conundrum
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Energy / Crude Oil
Asian Refiners Reduce Production Rates As Demand Stagnates
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Offshore Alaska Hit With More Drilling Regulations
Today, the United States Department of the Interior and the Bureau of Ocean Energy Management released 348 pages of new Requirements for Exploratory Drilling on the Arctic…
More Pain To Come For Oilfield Services
So, here we are, biding our time with our core oil portfolio, watching oil idle in the mid-$40’s and as the John Mayer song goes, “Waiting on the…
Why Russia Is A Greater Threat To Oil Prices Than OPEC
There’s been a lot of press lately about OPEC’s effect on oil prices. With many observers wondering if surging crude exports from places like Saudi Arabia and Iran will hold…
Morgan Stanley Warns That Rising Rig Count Could Undo The Rally
In an industry where anything could happen, surprises—often unwelcomed—are hard to come by. Oil is exactly such an industry at the moment. No one is sure where oil…
Saudi Strategy Working: OPEC Captures Largest Market Share Since 1975
OPEC has captured its largest share of the oil market since 1975, which could be seen as a vindication of the cartel’s strategy over the past two years.…
Libyan Oil Unity May Not Happen After All
Last week the two administrations of Libya’s National Oil Company made a breakthrough, reaching an agreement to unify their oil operations for the greater good, but now the eastern…
Diminishing Outages Could Exacerbate Oil’s Fall
The lulling stability of oil prices over the last months has been a welcome respite, and both Saudi and Russian authorities have declared the glut ended.…
Is Russia Winning The Oil Export War Against The Saudis?
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Consolidation In Libyan Oil – A Major Red Flag For Oil Markets?
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Exxon’s Mega Discovery Could Be A Boon For Offshore Investment
Potentially game-changing announcement in the oil and gas sector late last week. From a part of the world that’s almost completely unknown for petroleum — but could soon…
Texan Oil Production May Not Be Falling As Fast As Analysts Believe
I have considered an alternative way of estimating Texas oil (C+C) output using the Drilling info data provided in the EIA’s 914 monthly production reports.
U.S. Oil Industry May Soon Face Rig And Worker Shortages
Coming on the heels of the last few articles about DUCs (drilled uncompleted wells) another discussion that is beginning to occur between analysts and companies is the…
Exxon Might Have Just Made The Largest Oil Find In Two Years
ExxonMobil and its partner Hess Corp. have announced that the major discovery off the coast of Guyana, is a discovery that is much larger than previously expected. The Liza…
Oil Supply Disruptions Highest In Five Years
The disruptions in global oil supplies are at their highest level since 2011. That comes from an updated assessment from the EIA, which shows total disruptions in…
Expert Commentary: Volatility Vanishes In The Oil Markets
• WTI submitted a new YTD high of $51.67 this week, albeit in exceptionally boring fashion. In the ten trading days ending June 6th WTI traded in a…
Looking Inside The Mind Of An Oil Giant
The world’s second-largest petro-major gave us a rare look inside its corporate head this week. With top management pulling back the veil on which global oil and gas plays they…
U.S. Shale Hurting: Largest Monthly Drop In More Than A Year
U.S. crude oil production fell 150,000 barrels per day in May and the global over-supply of liquids was 680,000 barrels per day. The EIA Short-Term Energy Outlook (
Niger Delta Avengers Reject Talks; Blow Up Another Chevron Well
The Niger Delta Avengers (NDA) strike again. The Nigerian government said that it would scale back its military campaign against the Avengers and push for negotiations after…
Oil Holds Steady As EIA Confirms 3.2M Barrel Draw
Official data released early on Wednesday confirms expectations of a U.S. crude oil inventory draw, with the Energy Information Administration (EIA) showing inventories down by over 3.2 million…
