 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.712 | -0.001 | -0.05% |
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 2 days | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 7 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 7 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 7 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 7 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
OPEC+ Faces Fork in the Road
Some analysts have noted in…
OPEC+ Rules in an Increasingly Tight Oil Market
The market is growing increasingly…
Energy / Crude Oil
It Can’t Get Much Worse; Now’s The Time To Buy
From a fundamental view, it probably couldn't get worse for oil. Stockpiles have added 33 million barrels in the last 8 weekly reports, prices are hovering at $40 and momentum…
The Black Market For Black Gold In The U.S. Is Booming
The lull in drilling has given oil companies more time to scrutinize their operations -- and their losses. As Bloomberg reports, during booms "they are…
Future Of Brazil’s Oil Industry In Serious Doubt
Oil market analysts keep a close watch on the weekly and monthly production figures from the U.S. EIA, watching for a sign that a contraction in output will help to…
The Bakken’s Big Decline Is Already Underway
The NDIC has published their monthly update for Bakken Oil Production and all North Dakota Oil Production.(Click…
Saudis Planning For A War Of Attrition In Europe With Russia’s Oil Industry
Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil.…
It’s Always Darkest Before The Dawn
The trading environment is brutal, there’s no denying it. Slowing Chinese growth and impending Fed rate hikes make playing the market a crap game, with wavering…
Get Ready For Energy’s Own “Black Friday”
Over the next couple of weeks, those of us who reside in the U.S.A. will be readying ourselves for the Thanksgiving holiday and the display of…
IEA Offers No Hope For An Oil-Price Recovery
The International Energy Agency (IEA) November report offers no hope for an oil-price recovery any time soon. Over-supply and weak demand for oil will dominate through…
OPEC Production By The Numbers
OPEC has published their OPEC Monthly Oil Market Report with crude only production numbers for October 2015. The charts are “Crude Only” production and are in thousands of barrels…
Still Plenty Of Interest In Offshore Oil And Gas Exploration
A flurry of news this week in the offshore oil and gas industry, showing that this key energy sub-sector is going through some unprecedented challenges --…
Oil Tankers Are Filling Up As Global Storage Space Runs Low
The rebound in oil prices is still not here, and new data suggests that it will take some more time before the markets start to balance…
Dividends For Oil Majors No Longer Sacred
The oil price collapse seems to have stabilized for now, but unfortunately for investors and oil companies, the mid-forties price per barrel of oil is not high enough to allow…
Argentina Pulling Ahead In The Race To Be The World’s Next Shale Hotspot
Billions of dollars are riding on the race for international shale production -- and the competition has been coming down to Australia and Argentina…
Global Rig Count Continues Steady Decline
Baker Hughes has published its International Rig Count with production numbers for October. This is a monthly rig count and breaks down the international rigs by oil, gas and…
Apache Resists Unsolicited Takeover Bid
Apache Corporation, a Houston-based oil and gas exploration company, says that it has fended off an unsolicited takeover bid, and will continue to defend against follow…
Stay Away From MLPs For The Time Being
In 2008, as oil was moving through its lows of $32 a barrel, there was obvious carnage going on in the stocks of oil companies. But one group was establishing…
Canada’s Oil Sector Cautiously Optimistic About Late 2016 Recovery
What you see is what you get. Unless, of course, things change. And so it goes in the highly uncertain world of trying to figure out…
Obama Admin Throws Alaska An Oil Lifeline
On October 22, the U.S. Bureau of Land Management (BLM) gave the go ahead to a drilling plan in the National Petroleum Reserve in Alaska (NPR-A), one of the…
Only 1 Percent Of Bakken Shale Is Profitable At These Prices
Only 1 percent of the Bakken Play area is commercial at current oil prices based on my analysis that follows. Only 4 percent of horizontal wells…
Oil Markets Shrug Off Supply Disruptions In Libya And Brazil
Libya’s oil production has dipped below 400,000 barrels per day after shipments from a key port were disrupted, according to Bloomberg. The Zueitina port was…
