 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 169 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 17 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 1 day | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 1 day | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 1 day | 85.30 | -0.05 | -0.06% | ||
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Central Alberta • 1 day | 75.70 | -0.05 | -0.07% |
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Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
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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% |
U.S. Crude Production To Decline In 2024 As Shale Activity Stalls
Analysts from Standard Chartered have…
Will Namibia Become OPEC’s Newest Member?
Namibia wants to join OPEC…
Energy / Crude Oil
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…
Is Iran Opening A “Secret Passage” To Asia For Russian Crude?
Russia is looking to expand its influence through oil trade. And a little-reported deal this week may give it access to an entirely new part of…
Oil Sands Still Face Pipeline Problems
In recognition that its campaign is heading for near certain failure, TransCanada hopes to delay the review process of its proposed Keystone XL pipeline until the next administration.TransCanada…
Oil Market Stalemate To Persist Until End Of 2016?
The “big news” this month is that the banks granted over-leveraged, loss-making shale oil drillers a stay of execution by continuing to provide credit lines. Consequently, there was no major…
Why Do Oil Companies Manage Their Own Logistics?
As Canada’s upstream petroleum industry struggles to deal with low commodity prices, more and more attention is being paid to the relationship between exploration and production companies (E&P) and their…
SPR To Be Used To Raise Cash For US Gov
The U.S. Congress is moving on a budget deal to avert a standoff over raising the debt ceiling, at least until 2017. The emerging budget deal calls for some…
Shell’s Scrapped Oil Sands Project Highlights Major Issue For Canada
It has been a brutal few weeks for Royal Dutch Shell.On October 27, the Anglo-Dutch oil major announced that it was pulling the plug on its Carmon Creek…
U.S. Oil Imports On The Rise Once More
The massive increase in oil production in the United States over the past half-decade has significantly cut into America’s dependence on oil imports.The share of total oil consumed…
Pain For Oilfield Services Will Continue Even If Oil Prices Rebound
Despite the serial optimism that things will get better (because they can’t get worse) often expressed by this writer, the reality for oilfield services (OFS) is…
A Contrarian Strategy For Those With Healthy Risk Appetite
Next week is a huge one for energy investors in terms of earnings. Four of the largest multinational integrated oil firms will reveal earnings for the third calendar quarter, beginning…
U.S. Shale Drillers Running Out Of Options, Fast
Much has been made about the impressive gains in efficiency and productivity in the shale patch, as new drilling techniques squeeze ever more oil and gas…
Is Russia The King Of Arctic Oil By Default?
To be king implies preeminence, or lasting rule. In the Arctic, such oil and gas supremacy is still little more than a dream. That dream remains alive in Russia however,…
Oil Industry Badly In Need Of A Major Breakthrough
We all know Goldilocks from the story of Goldilocks and the Three Bears in which the young maiden wanders into the home of the bears and samples some porridge that…
Shell Sets Its Sights On “Unexplored” Oil Basin In Nova Scotia
Pivoting away from its failed Arctic drilling campaign, Royal Dutch Shell just received the go-ahead to drill in another offshore frontier.Regulators from the Canadian province of Nova Scotia…
Future Of Iraq’s Oil Industry Under Threat
Iraq is one of the major reasons why OPEC has been able to increase oil production over the past year, even as oil prices have dropped to six-year lows.
Present Pain Leading To Future Risks In Oil Markets
It is a dark time to be an investor in the offshore and oil services sector. Norwegian Billionaire and energy pioneer Fred Olsen told Fortune magazine this summer that…
Oil Glut Appears To Be Getting Worse, Not Better
Back in the spring, oil prices plunged to 7-year lows amid fears that U.S. inventories were going to fill to the brim. As we all know now, that didn’t happen…
Airstrikes Have Yet To Stop ISIS Oil Industry
Despite airstrikes and heavy bombardments from western militaries, led by the United States, as well as attacks from various Middle Eastern countries, the Islamic State continues to demonstrate a stubborn…
Oil Sands Down But Far From Out
One of the biggest challenges the oilfield services (OFS) sector must face in the short and medium term is adjusting to the reality that construction of new or “greenfield”…
Nigeria Could Shoot Itself In The Foot With New Oil Revenue Plans
Oil majors operating in Nigeria are growing concerned about the possibility that the government alters the terms of their production-sharing contracts in order to raise more revenues.The…
