 |
Louisiana Light • 1 day | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Opec Basket • 1 day | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 172 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.717 | +0.031 | +1.16% |
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Girassol • 1 day | 88.64 | -0.56 | -0.63% | ||
|
Opec Basket • 1 day | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 10 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 10 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 10 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 10 hours | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 1 day | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 4 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 1 day | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 4 days | 87.31 | +0.41 | +0.47% |
OPEC+ Rules in an Increasingly Tight Oil Market
The market is growing increasingly…
Biden Administration's SPR Plans Derailed by Oil Price Surge
The Biden Administration cancels planned…
Energy / Crude Oil
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…
One Of The Safest Bets In Energy Right Now
By now, the proposed merger of Baker Hughes (BHI) and Halliburton (HAL) is not news. Yet despite a deal that shareholders on both sides are adamantly in favor of,…
One Of The Brightest Oil And Gas Prospects In South America
Call it a tale of two countries. Venezuela and Colombia border each other, and have had no shortage of hostilities. The Chavista government in Venezuela has long been skeptical of…
Does This Offhand Gov't Comment Signal A Big Oil Opportunity?
Sometimes the smallest details mean the most. And a couple of little-reported comments from the government of one nation this week could signal very big things in progress for energy…
Historic Failure For Brazilian Oil Auction
Brazil just held an oil and gas auction, and judging by the results, few companies are interested in developing the country’s oil and gas reserves right…
EIA’s Short Term Energy Outlook For 2016
The EIA is out with the latest Short Term Energy Outlook. All charts below are in million barrels per day. The one table is in…
Against The Odds, Libya Reopens Major Oil Export Terminal
Although the world is watching the war in Syria, especially now that the conflict is pulling in more outside powers, there is another oil producer that…
Why Venezuela’s Petro-Aggression In Guyana Is Being Largely Ignored
The border dispute between Guyana and Venezuela has been ongoing for around two centuries, and Venezuela still claims large, resource rich swathes of Guyanese territory. In…
Oil Fundamentals Improve But Inventories Will Keep Prices Low
Global oil supply and demand fundamentals moved in the right direction in September but surplus inventory will keep oil prices low for some time to come.…
A Key Indicator Low Oil Prices Are Lifting Demand
Think there aren't any bright spots for commodities prices right now? News this week suggests you should think again. One unexpected market in fact hit a…
Suncor Announces Bid For Canadian Oil Sands
Suncor Energy Inc. has announced an unsolicited offer for Canadian Oil Sands Limited, a CAD$4.3 billion (USD$3.3 billion) bid to take over the beleaguered oil…
The Shocking Truth Behind Mexico’s Recent Offshore Oil Auction
How much cash would you give up to get a foothold in the world's newest oil play? That was the question answered by E&Ps last week.…
What Will Happen To Oil Prices When China Fills Its SPR?
The available information on China’s Strategic Petroleum Reserve is a mess. The data is sparse, infrequent, and contradictory, which is something one might expect from a…
Shell’s Loss Is Eni’s Gain
At the beginning of this week, oil major Shell announced that it will indefinitely postpone (read: completely abandon) its Arctic drilling operations in the Chukchi Sea…
Second Oil Auction Goes Much Better For Mexico
Mexico improved upon its disappointing July auction in its latest round; an improvement that could lead to deeper investment in the country’s oil sector. In…
Alaska Facing Tough Choices Without Arctic Oil
The disappointing exploration results in the Chukchi Sea for Royal Dutch Shell was a huge blow to the company, and will set back oil development in the Arctic indefinitely.…
Support For OPEC Production Cut Is Increasing
Recently, Bloomberg reported that Iran’s oil minister had spoken with Mexican officials with regard to stabilizing the oil market. Iran claims that, if OPEC decides to more actively manage…
With Shell’s Failure, U.S. Arctic Drilling Is Dead
Arctic Drilling in the U.S. is dead.After more than eight years of planning and drilling, costing more than $7 billion, Royal Dutch Shell announced that it is…
