 |
Louisiana Light • 2 days | 83.76 | +0.29 | +0.35% | ||
|
Bonny Light • 23 hours | 84.11 | -0.31 | -0.37% | ||
|
Opec Basket • 2 days | 84.30 | +0.70 | +0.84% | ||
|
Mars US • 189 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 7 hours | 2.500 | -0.042 | -1.66% |
|
Bonny Light • 23 hours | 84.11 | -0.31 | -0.37% | ||
|
Girassol • 23 hours | 85.07 | -0.23 | -0.27% | ||
|
Opec Basket • 2 days | 84.30 | +0.70 | +0.84% |
|
Peace Sour • 22 hours | 72.46 | +0.27 | +0.37% | ||
|
Light Sour Blend • 22 hours | 75.51 | +0.27 | +0.36% | ||
|
Syncrude Sweet Premium • 22 hours | 82.46 | +0.27 | +0.33% | ||
|
Central Alberta • 22 hours | 72.86 | +0.27 | +0.37% |
|
Eagle Ford • 2 days | 75.74 | +0.27 | +0.36% | ||
|
Oklahoma Sweet • 2 days | 75.75 | +0.25 | +0.33% | ||
|
Kansas Common • 2 days | 69.50 | +0.25 | +0.36% | ||
|
Buena Vista • 2 days | 83.77 | +0.27 | +0.32% |
Trans Mountain Expansion: A Game-Changer for Canadian Oil Prices
The rise in pipeline egress…
Iran’s “Dark Fleet” of Oil Tankers Continues to Thrive Despite Sanctions
Despite extensive U.S. sanctions, Iran's…
Energy / Crude Oil
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Nigerian Oil Output Falls 800,000 Barrels As Militants Step Up Attacks
Attacks on energy infrastructure continue to bombard the oil majors operating in the Niger Delta. The latest victim was Italian oil giant Eni, who told UPI in…
Will U.S. Shale Stage A Comeback As Oil Nears $50?
The casualty list in the oil and gas sector continues to climb. On Monday, unable to keep up with its mountain of debt, SandRidge Energy filed for…
Oklahoma Oil Industry About To Lose Tax Rebates
The Oklahoma Senate has suspended a tax incentive for the oil industry that’s likely to see a lot of small producers go under. Oklahoma is facing a budget…
China’s Oil Industry Is Faltering, Production Falls 5%
Low oil prices and spending cuts are cutting into China’s oil production, a little known source of output declines that are helping to balance the market. New data…
Why Jim Chanos is Shorting the Oil Majors
Famous short seller Jim Chanos is shorting oil majors Royal Dutch Shell Plc and Chevron Corp, according to Bloomberg. He is operating under the belief that the…
Falling Chinese Demand Could Intensify The Oil War
The Chinese slowdown did more than drag down its own economy, it singlehandedly created financial tremors throughout the global financial markets. With consistent growth rates well…
What Experts Miss When Discussing Peak Oil
For a long time, a common assumption has been that the world will eventually “run out” of oil and other non-renewable resources. Instead, we seem to…
As The U.S. Rig Count Continues To Plunge, Output Follows Suit
Baker Hughes published the latest oil rig count today—and although not surprising, the news that the oil rig count fell for the eighth straight week…
OPEC Is Dead, What’s Next?
OPEC is dead, Rosneft’s head Igor Sechin has told Reuters. In a fine example of stating the obvious – at least to those who have…
The Real Beneficiaries Of The U.S. Export Ban
Several months on from the lifting of the U.S. oil export ban, it’s becoming clear that one unexpected group had benefited considerably from the restriction –…
Rousseff Impeachment May Breathe Life Into Petrobras
Petrobras’ stock has been a disaster for investors for years. Even when virtually every other oil company on the planet was seeing their stock move higher,…
Big Oil Pulls The Plug On Arctic Oil, Relinquishes Drilling Rights
The prospect of producing oil from the U.S. Arctic looks increasingly remote as the oil industry walks away from drilling leases. After Royal Dutch Shell pulled…
Oil Spikes After EIA Reports Surprise Draw
Fifty-two years to the day after The Beach Boys released ‘I Get Around’, and the crude complex is sympatico with this notion. As the market tries…
Can Saudi Arabia Really Break Its Dependence On Oil?
Saudi Arabia appears committed to its recently-announced long-term economic plan, dubbed Vision 2030, which aims to remove the country’s economic dependence on oil exports within the…
How Suncor Has Become The King Of Canadian Oil Sands
Suncor: King of Canada’s Oil Sands Canada’s oil sands are the third largest oil deposit in the world behind Saudi Arabia and Venezuela. The largest oil…
Libya’s Oil Exports Could To Go To 0 bpd Within One Month
Libyan officials attached to the government in Tripoli are warning that the country will have to halt the majority of its output from southeastern fields within…
Saudi Arabia To List Aramco Shares In New York, London, Hong Kong
Saudi Arabia revealed more details about its planned initial public offering of the state-owned oil company Saudi Aramco. As part of Deputy Crown Prince Mohammed bin…
Can Iran And Saudi Arabia Production Claims Be Believed?
It's always the ultimate test on trading oil stocks – what to believe and what not to believe. Normally, you take earnings season with a grain…
As Oil Markets Tighten, Geopolitical Events Matter Again
Oil prices jumped on Thursday as surprise outages came from Canada and Libya, reversing several days of losses. WTI and Brent surged by more than 4…
U.S. Crude Imports Surge After Long Period Of Decline
The shale boom in the United States, which led to a 75 percent increase in oil production between 2010 and 2015, has seriously diminished the concern…
